ConocoPhillips: Q4 misses consensus
(CercleFinance.com) - ConocoPhillips has reported Q4 2019 adjusted EPS of 76 cents, down a third y-o-y and missing the consensus by four cents.
The oil group hence reported FY 2019 EPS of 3.59 dollars, with its production, excluding Libya, reaching 1.305 million barrels of oil equivalent per day, up 5%.
On unveiling its results, ConocoPhillips said that its board of directors authorised a 10 billion dollar increase in its share buyback program, thereby bringing it to 25 billion dollars, including three billion dollars to be completed 2020.
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The oil group hence reported FY 2019 EPS of 3.59 dollars, with its production, excluding Libya, reaching 1.305 million barrels of oil equivalent per day, up 5%.
On unveiling its results, ConocoPhillips said that its board of directors authorised a 10 billion dollar increase in its share buyback program, thereby bringing it to 25 billion dollars, including three billion dollars to be completed 2020.
Copyright (c) 2020 CercleFinance.com. All rights reserved.