---
schema_version: "secwatch.filing_event.v1"
accession: "0001163165-24-000034"
form_type: "8-K"
ticker: "COP"
cik: "0001163165"
company_name: "CONOCOPHILLIPS"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:40:04.974500+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ConocoPhillips Q2 2024 adj EPS $1.98 (up 7.6% YoY); raises production guidance, boosts dividend 34%

## Summary
- Q2 adjusted earnings $2.3B ($1.98/share) vs $2.2B ($1.84/share) YoY; revenue $13.6B.
- Declared Q3 ordinary dividend $0.58/share and VROC $0.20/share payable Sept 3; 34% increase to $0.78/share starting Q4 2024.
- Record total production 1,945 MBOED; Lower 48 production 1,105 MBOED; avg realized price $56.56/BOE, up 4% YoY.
- Full-year production guidance raised to ~1.93-1.94 MMBOED; capex ~$11.5B; DD&A guidance lowered; op cost guidance raised to $9.2-9.3B.
- Marathon Oil acquisition on track for late Q4 close; $1.9B returned to shareholders in Q2 ($1.0B buybacks, $0.9B dividends).

## SEC filing metadata
- accession: 0001163165-24-000034
- form_type: 8-K
- ticker: COP
- cik: 0001163165
- company_name: CONOCOPHILLIPS
- filed_at: 2024-08-01T23:59:59+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/1163165/000116316524000034/0001163165-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163165/000116316524000034/cop-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163165-24-000034
- JSON: https://secwatch.observer/filing/0001163165-24-000034.json
- Plain text: https://secwatch.observer/filing/0001163165-24-000034.txt

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