---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001029"
form_type: "8-K"
ticker: "COP"
cik: "0001163165"
company_name: "CONOCOPHILLIPS"
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T03:44:45.104885+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ConocoPhillips Q2 earnings $5.1B ($3.96 EPS); raises 2022 return of capital to $15B

## Summary
- Q2 2022 earnings $5.1B ($3.96 diluted EPS) vs $2.1B ($1.55) YoY; adjusted earnings $5.1B ($3.91 EPS) vs $1.7B ($1.27).
- Increased planned 2022 return of capital to $15B, up $5B; distributed $3.3B to shareholders in Q2 including $1B dividends/VROC and $2.3B buybacks.
- Declared Q3 ordinary dividend $0.46/share (payable Sept 1) and Q4 VROC $1.40/share (payable Oct 14).
- Q2 production 1,692 MBOED (+104 MBOED YoY); total avg realized price $88.57/BOE (+77% YoY). CFO $7.8B; retired $1.8B debt in quarter.
- Full-year production guidance ~1.74 MMBOED; Q3 guidance 1.70-1.76 MMBOED; adjusted operating cost guidance raised to $7.5B from $7.3B.

## SEC filing metadata
- accession: 0001157523-22-001029
- form_type: 8-K
- ticker: COP
- cik: 0001163165
- company_name: CONOCOPHILLIPS
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163165/000115752322001029/0001157523-22-001029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163165/000115752322001029/a52799854.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001029
- JSON: https://secwatch.observer/filing/0001157523-22-001029.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.