ConocoPhillips Q3 Earnings: EPS Beat, Dividend Boost, Buyback Expansion & More
ConocoPhillips Q3 Earnings: EPS Beat, Dividend Boost, Buyback Expansion & More
The Board approved an increase to the company's existing share repurchase authorization by up to $20 billion.ConocoPhillips (NYSE:COP) shares are trading higher after the company released third-quarter results.
康菲石油（紐交所:COP）股價上漲，因爲公司發佈了第三季度業績。
Here's a breakdown of the report.
以下是報告的細分。
- Revenue of $13.604 billion missed the consensus of $14.018 billion
- Adjusted EPS of $1.78, beating the consensus of $1.64.
- Operating cash flow stood at $5.8 billion.
- $2.9 billion of capital expenditures and investments funded.
- $0.9 billion in ordinary dividends and VROC paid.
- Repurchased $1.2 billion of shares.
- Quarter ended with $7.1 billion in cash and short-term investments and $1.0 billion in long-term investments.
- 136.04億美元的營業收入低於140.18億美元的共識。
- 調整後的每股收益爲1.78美元，超過1.64的共識。
- 營業現金流爲58億美元。
- 資本支出和投資達到29億美元。
- 支付9億普通股息和VROC。
- 回購12億美元的股票。
- 季度結束時現金和短期投資總額爲71億美元，長期投資爲10億美元。
Dividend boost: ConocoPhillips raised the quarterly dividend per share by 34% to $0.78, payable on December 2, 2024, to stockholders of record as of November 11, 2024.
分紅增加：康菲石油將每股季度股息提高34%，至0.78美元，將於2024年12月2日支付，截至2024年11月11日股東享有權利。
The Board approved an increase to the company's existing share repurchase authorization by up to $20 billion.
董事會批准將公司現有股份回購授權增加至最多200億美元。
Production: The company produced 1,917 thousand barrels of oil equivalent per day (MBOED). That's an increase of 111 MBOED from the same period a year ago.
產量：該公司每天生產191.7萬桶石油當量（MBOED）。與一年前同期相比增加了111萬桶石油當量。
Lower 48 production averaged 1,147 MBOED, which includes 781 MBOED from the Permian, 246 MBOED from the Eagle Ford, and 107 MBOED from the Bakken assets.
Lower 48生產平均爲1,147 MBOED，其中包括Permian的781 MBOED，Eagle Ford的246 MBOED和Bakken資產的107 MBOED。
The average realized price fell 10% Y/Y to $54.18 per barrel of oil equivalent (BOE).
平均實現價格同比下降10%，爲每桶油當量54.18美元。
Outlook: ConocoPhillips projects third-quarter production of 1.99-2.03 million barrels of oil equivalent per day (MMBOED).
展望：康菲石油預計第三季度產量爲199-203萬桶石油當量每天（MMBOED）。
The company raised the outlook for FY24 production to 1.94-1.95 MMBOED (from 1.93 to 1.94 MMBOED).
該公司將FY24產量展望提高至1.94-1.95 MMBOED（從1.93到1.94 MMBOED）。
ConocoPhillips reiterated capital expenditures guidance at about $11.5 billion.
康菲石油重申資本支出預期約爲115億美元。
Ryan Lance, chairman and chief executive officer, said, "We still anticipate closing the planned acquisition of Marathon Oil this quarter and expect to significantly exceed our initial $500 million synergy guidance."
董事長兼首席執行官賴恩·蘭斯稱：「我們仍預計本季度完成計劃收購馬拉松石油，並預計將大幅超出最初的50000萬美元的協同效應指引。」
Investors can gain exposure to the COP stock via Texas Capital Funds Trust Texas Capital Texas Oil Index ETF (NYSE:OILT) and IShares U.S. Oil & Gas Exploration & Production ETF (BATS:IEO).
投資者可以通過Texas Capital Funds Trust Texas Capital Texas Oil Index ETF（紐交所：OILT）和iShares美國石油和天然氣勘探開發ETF（BATS：IEO）獲得對COP股票的暴露。
Price Action: COP shares are up 2.95% at $106.02 premarket at the last check Thursday.
價格走勢：COP股價在上週四最後一次檢查時，盤前上漲2.95%，報106.02美元。
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