Categories AlphaGraphs, Earnings, Energy

COP Earnings: A snapshot of ConocoPhillips’ Q4 2022 results

Energy company ConocoPhillips (NYSE: COP) on Thursday reported a double-digit increase in earnings and revenues for the fourth quarter of 2022.

ConocoPhillips Q4 2022 earnings infographic

Net income, adjusted for special items, increased 19% year-over-year to $2.71 per share during the three-month period. The reported earnings were $2.61 per share, up 32%. Net income advanced 23% annually to $3.25 billion.

Driving the bottom-line growth, fourth-quarter revenues and other income rose 21% from last year to $19.26 billion. At 1,758 MBOED, total production was up 9%.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

What to look for when Hormel Foods (HRL) reports Q4 2023 earnings

Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings

Kroger set to report Q3 results. Here’s everything you need to know

The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer

Earnings Preview: Salesforce will likely deliver another strong quarter

Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative

Add Comment
Viewing Highlight