ConocoPhillips
COP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$471.00 | Rcgnjyq | Gzwjqqhsw |
Commodity Price Surge Boosts ConocoPhillips’ Q4 Earnings; Boosts 2022 Planned Shareholder Returns
ConocoPhillips ended the year on a high note as it continued to benefit from higher oil and gas prices and greater volumes during the fourth quarter. Adjusted earnings were lifted to $3.0 billion compared with a $0.2 billion loss a year earlier. Full-year 2021 adjusted earnings amounted to $8.0 billion compared with a $1.0 billion loss the year before.