After record third-quarrter production and earnings of $2.8 billion, ConocoPhillips is preparing to release its fourth quarter earnings report in February.
Investors will be anxious to know if earnings improved after dropping from a year earlier.
The company will release the results before the market opens on Thursday, Feb. 8, 2024. Executives will follow the release with a conference call webcast at 11 a.m. on the same date where they will discuss the financial and operating results.
In the third quarter, the Houston-based company without operations throughout Oklahoma, reported earnings of $2.32 per share. The total earnings of $2.8 billion was down from the third quarter 2022 earnings of $4.5 billion and $3.55 a share.
Still, the company had record production during the quarter.