---
schema_version: "secwatch.filing_event.v1"
accession: "0001163165-23-000029"
form_type: "8-K"
ticker: "COP"
cik: "0001163165"
company_name: "CONOCOPHILLIPS"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:26:15.187441+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ConocoPhillips Q3 earns $2.8B ($2.32 EPS); raises quarterly dividend 14% to $0.58; record production

## Summary
- Q3 2023 earnings $2.8B ($2.32 diluted EPS), adjusted $2.6B ($2.16 EPS), down from $4.5B ($3.55) in Q3 2022.
- Record production 1,806 MBOED; full-year guidance raised to ~1.82 MMBOED (prior 1.80-1.81).
- Quarterly dividend increased 14% to $0.58/share, payable Dec. 1, 2023, record Nov. 14.
- Completed purchase of remaining 50% interest in Surmont for ~$2.7B; contingent payments up to $0.4B CAD.
- Generated $5.5B CFO; distributed $2.6B to shareholders via dividends, VROC, and $1.3B buybacks.

## SEC filing metadata
- accession: 0001163165-23-000029
- form_type: 8-K
- ticker: COP
- cik: 0001163165
- company_name: CONOCOPHILLIPS
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163165/000116316523000029/0001163165-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163165/000116316523000029/cop-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163165-23-000029
- JSON: https://secwatch.observer/filing/0001163165-23-000029.json
- Plain text: https://secwatch.observer/filing/0001163165-23-000029.txt

## Key facts
- Earnings Releases
  CONOCOPHILLIPS reported third-quarter 2023 results: net income $2.8 billion, EPS $2.32 per share.
  - Period: third-quarter 2023
  - Net income: $2.8 billion
  - EPS: $2.32 per share
  - Result: reported results
  source text: ConocoPhillips (NYSE: COP) today reported third-quarter 2023 earnings of $2.8 billion, or $2.32 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163165/000116316523000029/0001163165-23-000029-index.htm

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