Conocophillips reports q4 earnings per share of $0.65

Reports fourth-quarter and full-year 2019 results; announces preliminary 2019 year-end reserves, quarterly dividend and increase in existing share repurchase authorization to $25 billion.q4 adjusted earnings per share $0.76 excluding items.q4 earnings per share $0.65.production excluding libya for q4 2019 was 1,289 mboed, a decrease of 24 mboed from the same period a year ago.2020 operating plan capital guidance is $6.5 billion to $6.7 billion.approved a $10 billion increase in existing share repurchase program to $25 billion.2020 production guidance is 1,230 mboed to 1,270 mboed, including impact of a recent third-party pipeline outage on kebabangan field.first-quarter 2020 production is expected to be 1,240 mboed to 1,280 mboed.guidance for 2020 operating cost is $5.9 billion.q4 total realized price was $47.01 per boe, 11 percent lower than the $53.00 per boe realized in q4 of 2018.qtrly total revenue and other income $8.14 billion versus $10.36 billion.q4 earnings per share view $0.80, revenue view $7.71 billion -- refinitiv ibes data.special items for current quarter included primarily a non-cash impairment related to a planned lower 48 disposition.
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