ConocoPhillips to Hold First-Quarter Earnings Conference Call on Thursday, May 5. ConocoPhillips's revenue growth from 2015 to 2019 is 17.39%. The company plans to return $6 billion to shareholders in . On Invalid Date, CONOCOPHILLIPS (NYSE: COP) reported Q4 2021 earnings per share (EPS) of $1.99, up 376.39% year over year. 19 . North Slope production held steady in April compared with March and April of 2021, . Learn about working at ConocoPhillips from employee reviews and detailed data on culture, salaries, demographics, management, financial, and more. 2021. ConocoPhillips last posted its quarterly earnings data on February 3rd, 2022. . . ConocoPhillips' revenue from Oil and Gas Combined declined from $6.47 billion in Q4 2019 to $4.83 billion in Q4 2020, marking a decline of 25.35% on a year-on-year basis. Read the full transcript for ConocoPhillips' Q3 2021 earnings call at MarketBeat. 12/31/2021. CONOCOPHILLIPS 's revenue in 2022 is $57,081,000,000.On average, 5 Wall Street analysts forecast COP's revenue for 2022 to be $86,722,778,388,905, with the lowest . Zippia gives an in-depth look into the details of ConocoPhillips . Revenue Growth. . ConocoPhillips' revenue from the Alaska segment declined from $1350 million in Q4 2019 to $1010 million in Q4 2020, a decline of 25.18% on a year-on-year basis. Source: ConocoPhillips 2021 10-K ConocoPhillips (COP) generates most of its revenue from North America (86% in FYE 2021). ConocoPhillips beat estimated earnings by 4.13%, reporting an EPS of $2.27 versus an estimate of $2.18, which did not surprise analysts. In September 2021, ConocoPhillips announced it would buy all of Royal Dutch Shell PLC's assets in the Permian basin for around $9.5 billion in cash. HOUSTON, February 03, 2022 -- ( BUSINESS WIRE )--ConocoPhillips (NYSE: COP) today reported fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share, compared with a fourth-quarter 2020 loss. ConocoPhillips annual revenue for 2021 was $48.349B, a 151.09% increase from 2020. . The stock is up 2.5% year to date. The higher spending reflects its purchase . from $23.6 billion in 2016 to $32.5 . 2021 Fourth Quarter Alaska Earnings Review. ConocoPhillips shareholders will own about 79% of the combined company, with Concho shareholders owning the other 21%. RANK 156. This compares to earnings of $0.76 per share a year ago. Contents: . US$107.52. For Q1 of fiscal 2021, ConocoPhillips' earnings increased to -$0.19 per share and beat estimates by a $0.09 margin. ConocoPhillips beat estimated earnings by 9.0%, reporting an EPS of $3.27 versus an estimate of $3.0. These . March 24, 2022. ConocoPhillips is the largest producer of gas and oil in Alaska. Revenue: US$19.256 billion (Fiscal Year Ended December 31, 2020) . In 2021, a barrel of crude oil cost about $68.17 on average. 52 Week Low. Net Income. The deal is expected to close in the first quarter of 2021. In other words, this conversion is earnings neutral. ConocoPhillips reported better-than-expected earnings in February and May. Its tax and royalty bill from the . 12 . Summary of all time highs, changes and price drops for ConocoPhillips. ConocoPhillips Alaska's Greater Mooses Tooth #2 Produces First Oil. They joined the company when ConocoPhillips completed its $9.7 billion acquisition of Concho in January 2021. US oil producer ConocoPhillips has made a profit of $2.62bn in the fourth quarter of 2021, compared to loss of $772m in the same quarter in the previous year.. For the quarter that ended on 31 December 2021, the firm reported adjusted earnings of $3bn, excluding special items, against an adjusted loss of $201m in Q4 2020. The trading price of ConocoPhillips (NYSE:COP) floating higher at last check on Tuesday, May 10, closing at $100.00, 2.88% higher than its previous close. ConocoPhillips has estimated that Fiord West will produce 20,000 b/d when fully online. almost dead even with 483,400 barrels per day in March and 489,303 barrels per day in April 2021, according to the revenue department data. Revenue was up $8.73 billion from the same period last year. ET. COP Earnings Information. Total CONOCOPHILLIPS earnings for the quarter were $2.63 billion. We are Alaska's largest crude oil producer and largest owner of exploration leases, with major ownership . ConocoPhillips has been active in Australia for two decades and serves as operator of the Australia Pacific LNG liquefaction plant in Queensland. These . ConocoPhillips, which belongs to the Zacks Oil and Gas - Integrated - United States industry, posted revenues of $11.62 billion for the quarter ended September 2021, surpassing the Zacks Consensus . The ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. RANK 348. Revenue was up $9.91 billion from the same period last year. ConocoPhillips has estimated that Fiord West will produce 20,000 b/d when fully online. . 46.06B. 52 Week High. HOUSTON, November 02, 2021 -- ( BUSINESS WIRE )--ConocoPhillips (NYSE: COP) today reported third-quarter 2021 earnings of $2.4 billion, or $1.78 per share, compared with a third-quarter 2020 loss. Fortune 500 - 2021 This year's Fortune 500 marks the 67th running of . No login or account required. ConocoPhillips had its most profitable year since 2013, reporting $8.1 billion profit in 2021, as oil demand and prices recovered from the pandemic-driven crash. ConocoPhillips's peak quarterly revenue was $10.9B in 2018 (Q4). ConocoPhillips has 11,400 employees, and the revenue per employee ratio is $3,044,210.53. Get the detailed quarterly/annual income statement for ConocoPhillips (COP). At least in terms of its books, ConocoPhillips pulled out of the pandemic in a big way last year. The Houston-based producer on Thursday posted full-year 2021 earnings of nearly $8.1 billion companywide and approximately $1.4 billion in Alaska. RELATED CONTENT: ConocoPhillips Hunts PDVSA Assets in the Caribbean. — ConocoPhillips' nine-month 2021 earnings were $5.5 billion, or $4.09 per share, compared with a nine-month 2020 loss of $1.9 billion, or ($1.79) per share. Published by N. Sönnichsen , Mar 26, 2021 ConocoPhillips generated around 18.8 billion U.S. dollars of operating revenue in 2020. almost dead even with 483,400 barrels per day in March and 489,303 barrels per day in April 2021, according to the revenue department data. That promising start, coupled with the . . ConocoPhillips beat estimated earnings by 9.0%, reporting an EPS of $3.27 versus an estimate of $3.0. ConocoPhillips annual revenue for 2020 was $19.256B, a 47.49% decline from 2019. 12/31/2020. SPX. In depth view into ConocoPhillips Revenue (TTM) including historical data from 1972, charts and stats. our torque to upside is helped by having high conversion of revenue to income and cash flow. Do the numbers hold clues to what lies ahead for the stock? CONOCOPHILLIPS : Forcasts, revenue, earnings, analysts expectations, ratios for CONOCOPHILLIPS Stock | COP | US20825C1045 . US oil producer ConocoPhillips has made a profit of $2.62bn in the fourth quarter of 2021, compared to loss of $772m in the same quarter in the previous year.. For the quarter that ended on 31 December 2021, the firm reported adjusted earnings of $3bn, excluding special items, against an adjusted loss of $201m in Q4 2020. It posted adjusted EPS of $1.77 against an adjusted loss per share of $0.31 in the same quarter last year, and beat the consensus estimate of adjusted EPS of $1.39. ConocoPhillips , which belongs to the Zacks Oil and Gas - Integrated - United States industry, posted revenues of $15.96 billion for the quarter ended December 2021, surpassing the Zacks Consensus. ConocoPhillips is an independent exploration and production company. Yi-Chin Lee, Houston Chronicle . Current Share Price. . CEO Ryan Lance said during a May 4 conference call with investors that ConocoPhillips executives are viewing 2021 as "a catalyst moment" to improve all aspects of the company's business, similar to 2016 when oil prices reached lows of less than $30 per barrel . ConocoPhillips today reported third-quarter 2021 earnings of $2.4 billion, or $1.78 per share. The core . . +3.13%. 12/31/2019. ConocoPhillips reported fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share, compared . . Quarterly Revenue ( $) February 3, 2022. ConocoPhillips (COP) delivered earnings and revenue surprises of 10.43% and 0.13%, respectively, for the quarter ended June 2021. READ MORE view in list. The consensus EPS Estimate is $0.53 (+17.8% Y/Y) and the consensus Revenue Estimate. Reported production is expected to increase by approximately 40,000 barrels a day, and both revenue and operating costs will increase by roughly $70 million. ConocoPhillips is Alaska's largest crude oil producer and largest owner of exploration leases, with approximately 1.6 million net undeveloped acres at year-end 2021. Good morning, and welcome to the Q3 2021 ConocoPhillips earnings conference call. [Operator instructions] I will now turn . From the analysts' viewpoint, the consensus estimate for the company's annual revenue in 2021 is $44.68 billion. In the same quarter last year, CONOCOPHILLIPS's earnings per share (EPS) was -$0.72. Net Profit Margin . Contact Us December 14, 2021. The former CEO and president of Concho Resources have moved into new roles at Houston . April 7, 2022. Therefore, ConocoPhillips's Gross Margin % for the quarter that ended in Dec. 2021 was 35.03% . Aside from experiencing a 42% revenue decline in fiscal 2020, as a result of . Complete ConocoPhillips stock information by Barron's. View real-time COP stock price and news, along with industry-best analysis. . See the latest ConocoPhillips news releases and access media contacts, press resources and image galleries. The Houston-based producer on Thursday posted full-year 2021 earnings of nearly $8.1 billion . It also repurchased $375 million of shares in the first quarter, part of a planned $1.5 billion in buybacks for the full. ConocoPhillips Announces Winners of 2021 Supplier Recognition Award Program. Market Watch - ConocoPhillips COP, 2.65% said Tuesday it had a net loss of . . In Q4 2020, Oil and Gas Combined contributed 46.80% to ConocoPhillips' total revenue. ConocoPhillips operating income (loss) decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level. Box 2197, Houston, TX 77252-2197. News Release. This change is only for Revenue Payment Details and 1099s. Get the latest ConocoPhillips (COP) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 9-Month Review. ConocoPhillips (COP) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.20. . -0.15%. We believe COP can growth their revenue predominately because of their vast position of 10.8 million net acres in Lower 48, 2.2 million net acres in Canada, and 1.6 million net acres in Alaska. 1. . Based in Houston, TX, ConocoPhillips is an industry leader with 10,400 employees and an annual revenue of $18.7B. Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. At least in terms of its books, ConocoPhillips pulled out of the pandemic in a big way last year. Do the numbers hold clues to what lies ahead for the stock? (NYSE: COP) CONOCOPHILLIPS's forecast annual earnings growth rate of 5.93% is not forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 18.85%, . The Lower 48 is ConocoPhillips' largest segment today based on production. ConocoPhillips is Alaska's largest oil producer and has been a leader in oil and gas exploration and development in the state for more than 50 years. . Reports from the oil industry estimate a total of $5.5 billion of revenue for PDVSA to date in 2021, whereas in 2020 the company took in just over $3.3 billion. Do the numbers hold clues to what lies ahead for the stock? September 30, 2021: 36.20B June 30, 2021: 29.26B March 31, 2021: 22.45B December 31, 2020: 18.78B September 30, 2020 . Find out the revenue, expenses and profit or loss over the last fiscal year. U.S. operations span both the Alaska and Lower 48 Business Units and corporate functions in Houston and Midland, Texas and Bartlesville, Oklahoma. That makes 2021 a "reset" year for the company, he added, one that so far seems to be working. This compares to earnings of $0.76 per share a year ago. ConocoPhillips' growth was comparable to Marathon Oil before the pandemic, with COP's revenues expanding at an average rate of 11% p.a. In 2020 the company made a revenue of $18.78 B a decrease over the years 2019 revenue that were of $32.56 B .The revenue is the total amount of income that a company generates by the sale of goods or services. Production for ConocoPhillips during the first quarter of 2021 was approximately 208,000 barrels of oil equivalent per day, with an average price of $60 per barrel and continuing to rise, Isaacson said. We are encouraging all owners to move to EnergyLink to prepare for our upcoming transition to exclusively host revenue data on EnergyLink beginning on June 1, 2021. In Q4 2021, EPS GAAP of $1.98 was a miss by -$0.19, but revenue of $15.96 billion was a beat by $2.56 billion. In Alaska, the company's main office is located in Anchorage, Alaska, United States. Careers Location. Historical stock prices. ConocoPhillips (COP . ConocoPhillips Q4 2021 Earnings and Full-Year 2021 Results. The company's revenue is forecast to grow by 132.00% over what it . ConocoPhillips's Revenue for the three months ended in Dec. 2021 was $15,120 Mil. ConocoPhillips revenue for the twelve months ending March 31, 2022 was $57.081B, a 128.29% increase year-over-year. ConocoPhillips netted $2.6 billion in the fourth quarter overall and $451 million from its work on the North Slope. ConocoPhillips revenue decreased from $32.6 billion in 2019 to $18.8 billion in 2020, a (42.3%) decrease. Price History & Performance. Revenue. COP. Key Principal: Ryan M Lance . Natural Gas — Nine-month 2021 adjusted earnings were $5.0 billion, or $3.75 per share, compared with a nine-month 2020 adjusted earnings loss of $0.8 billion, or ($0.78) per share. Operator. HOUSTON - ConocoPhillips (NYSE: COP) today reported fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share, compared with a fourth-quarter 2020 loss of $0.8 billion, or ($0.72) per share. ConocoPhillips (COP) delivered earnings and revenue surprises of 10.43% and 0.13%, respectively, for the quarter ended June 2021. The Texas-based oil and gas producer was one of the largest oil. ConocoPhillips (COP) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.20. Lists ranking ConocoPhillips. North Slope production held steady in April compared with March and April of 2021, according to production data released May 1 by Alaska's Department of Revenue.