Conoco Phillips

NYSE:COP   3:59:58 PM EDT
56.05
-1.03 (-1.80%)
4:01:28 PM EDT: $55.83 -0.22 (-0.39%)
Positive Earnings Pre-Announcement

ConocoPhillips Increases Share Repurchases By $1 Bln; Lowers 2021 Capital And Adjusted Operating Cost Guidance

Published: 06/30/2021 12:35 GMT
Conoco Phillips (COP) - Conocophillips - Increases 2021 Share Repurchases by $1 Billion; Reduces 2021 Capital and Adjusted Operating Cost Guidance.
Conocophillips - Increasing Anticipated Concho Transaction-related Synergies and Savings to $1 Billion Annually.
Conocophillips - Reducing 2021 Capital Expenditures and Adjusted Operating Cost Guidance by $200 Million and $100 Million, Respectively.
Conocophillips - Expected Cash From Operations of About $145 Billion, FCF of About $70 Billion Over 10-year Plan Period at $50/barrel Wti Based on 2020 Real Prices.
Conocophillips - Capital Expenditures Expected to Average About $7 Billion Annually.
Revenue is expected to be $9.63 Billion
Adjusted EPS is expected to be $0.94

Next Quarter Revenue Guidance is expected to be $10.38 Billion
Next Quarter EPS Guidance is expected to be $1.34

More details on our Analysts Page.