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News  ›  Benzinga

ConocoPhillips Tops Q3 EPS Estimates, Lifts Dividend 8%, Production Climbs

Benzinga Logo Benzinga By Lekha Gupta
ConocoPhillips Tops Q3 EPS Estimates, Lifts Dividend 8%, Production Climbs

ConocoPhillips reported Q3 earnings of $1.7 billion, beating estimates with $1.61 adjusted EPS. The company increased its quarterly dividend by 8%, raised production to 2,399 MBOED, and completed asset sales while managing project costs.

Insights
MBINL   neutral

The article appears to be a standard earnings release without explicit positive or negative indicators about the company's performance


COP   positive

Exceeded earnings estimates, increased dividend, grew production, successfully managing asset sales and project investments, demonstrating strong operational performance