ConocoPhillips Reports Fourth-Quarter and Full-Year 2023 Results, 123% Preliminary Reserve Replacement Ratio; Announces 2024 Guidance and Planned Return of Capital of $9B; Declares Quarterly Ordinary Dividend and Variable Return of Cash Distribution
February 09, 2024
February 09, 2024
HOUSTON, Texas, Feb. 9 (TNSres) -- ConocoPhillips, a producer of oil and gas resources, issued the following news release on Feb. 8, 2024:
ConocoPhillips (NYSE: COP) today reported fourth-quarter 2023 earnings of $3.0 billion, or $2.52 per share, compared with fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share. Excluding special items, fourth-quarter 2023 adjusted earnings were $2.9 billion, or $2.40 per share, compared with fourth-quarter 2022 adjusted earnings of $3. . . .
ConocoPhillips (NYSE: COP) today reported fourth-quarter 2023 earnings of $3.0 billion, or $2.52 per share, compared with fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share. Excluding special items, fourth-quarter 2023 adjusted earnings were $2.9 billion, or $2.40 per share, compared with fourth-quarter 2022 adjusted earnings of $3. . . .