---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000152"
form_type: "8-K"
ticker: "COP"
cik: "0001163165"
company_name: "CONOCOPHILLIPS"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T01:53:08.216984+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ConocoPhillips Q4 EPS $2.61, FY EPS $14.57; announces $11B 2023 return of capital

## Summary
- Q4 2022 earnings $3.2B ($2.61/share); adjusted $3.4B ($2.71/share); revenue not explicitly stated but total realized price $71.05/BOE, up 8% YoY.
- Full-year 2022 earnings $18.7B ($14.57/share); adjusted $17.3B ($13.52/share); CFO $28.5B.
- Preliminary 2022 reserve replacement ratio of 176% (organic 177%); year-end proved reserves 6.6 billion BOE.
- 2023 guidance: capex $10.7-$11.3B, production 1.76-1.80 MMBOED; Q1 production expected 1.72-1.76 MMBOED.
- Q4 dividend $0.51/share (payable March 1, 2023) and VROC $0.60/share (payable April 14, 2023); $11B total 2023 return-of-capital target.

## SEC filing metadata
- accession: 0001157523-23-000152
- form_type: 8-K
- ticker: COP
- cik: 0001163165
- company_name: CONOCOPHILLIPS
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163165/000115752323000152/0001157523-23-000152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163165/000115752323000152/a53295027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000152
- JSON: https://secwatch.observer/filing/0001157523-23-000152.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000152.txt

## Key facts
- Earnings Releases
  CONOCOPHILLIPS reported fourth-quarter 2022 results: net income $3.2 billion, EPS $2.61 per share.
  - Period: fourth-quarter 2022
  - Net income: $3.2 billion
  - EPS: $2.61 per share
  - Result: reported results
  source text: ConocoPhillips (NYSE: COP) today reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163165/000115752323000152/0001157523-23-000152-index.htm
- Earnings Releases
  CONOCOPHILLIPS reported full-year 2022 results: net income $18.7 billion, EPS $14.57 per share.
  - Period: full-year 2022
  - Net income: $18.7 billion
  - EPS: $14.57 per share
  - Result: reported results
  source text: Full-year 2022 earnings were $18.7 billion, or $14.57 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163165/000115752323000152/0001157523-23-000152-index.htm

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