secwatch.observer — SEC 8-K summary
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Issuer:     CONOCOPHILLIPS (COP)
CIK:        0001163165
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001163165-24-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ConocoPhillips Q3 adj. EPS $1.78; raises dividend 34%, buyback auth. +$20B
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- Q3 2024 adjusted EPS $1.78 vs. $2.16 YoY; net income $2.1B; revenue $13.6B.
- Total production 1,917 MBOED; record Lower 48 1,147 MBOED; FY guidance raised to 1.94-1.95 MMBOED.
- Ordinary dividend raised 34% to $0.78/share; share repurchase authorization increased by up to $20B.
- CFO $4.7B, distributed $2.1B to shareholders via buybacks and dividends in Q3.
- Marathon Oil acquisition on track to close this quarter; signed $300M Alaska working interest deal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163165/000116316524000049/0001163165-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163165/000116316524000049/cop-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001163165-24-000049

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