NYSE$COP
ConocoPhillips Co · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
ConocoPhillips reported first-quarter earnings and announced debt-reduction plan.
ConocoPhillips reported first-quarter 2021 earnings of $1.0 billion, or $0.75 per share, compared with a first-quarter 2020 loss of $1.7 billion, or ($1.60) per share. Excluding special items, first-quarter 2021 adjusted earnings were $0.9 billion, or $0.69 per share, compared with first-quarter 2020 adjusted earnings of $0.5 billion, or $0.45 per share.
- Completed the Concho acquisition, enhancing both asset portfolio and financial framework.
- Generated free cash flow (FCF) of $0.9 billion.
- Produced 1,488 MBOED excluding Libya during the first quarter despite incurring approximately 50 MBOED of unplanned production downtime throughout Lower 48 caused by Winter Storm Uri.
- Ended the quarter with cash, cash equivalents and restricted cash totaling $3.2 billion and short-term investments of $4.1 billion, equaling $7.3 billion in ending cash and short-term investments.
Headline financials
Revenue & EPS history
ConocoPhillips · Revenue · Quarterly
$10.6B
Forward guidance
Second-quarter 2021 production excluding Libya is expected to be 1.50 to 1.54 MMBOED, reflecting the impact of seasonal turnarounds planned in Europe and the Asia Pacific region. All other guidance items are unchanged.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
-0.1%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+2.7%
Avg return
30 days after
45%
33 / 73 earnings
Positive
+7.6%
Q3 2016
Best reaction
-14.8%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | -3.8% | -11.1% | |
| Q4 2025 | -2.4% | -0.1% | +8.8% | |
| Q3 2025 | -2.4% | +3.4% | +6.8% | |
| Q2 2025 | -0.5% | +1.6% | -0.2% | |
| Q1 2025 | +1.3% | +7.4% | -0.6% | |
| Q4 2024 | -0.3% | +1.5% | -9.6% | |
| Q3 2024 | +4.7% | +6.0% | +5.2% | |
| Q2 2024 | -4.9% | -4.9% | +2.3% | |
| Q1 2024 | -1.7% | -0.6% | -6.3% | |
| Q4 2023 | -1.0% | -2.3% | +0.6% | |
| Q3 2023 | +2.6% | -1.2% | -1.2% | |
| Q2 2023 | -1.6% | +0.0% | +5.7% | |
| Q1 2023 | +4.5% | +5.7% | +6.5% | |
| Q4 2022 | -8.1% | -4.8% | -7.7% | |
| Q3 2022 | +4.6% | +6.3% | -3.4% | |
| Q2 2022 | +1.7% | +4.6% | +20.7% | |
| Q1 2022 | +3.7% | -5.6% | +13.7% | |
| Q4 2021 | -0.4% | -1.0% | +8.7% | |
| Q3 2021 | -2.5% | +1.2% | -4.5% | |
| Q2 2021 | -0.8% | +2.0% | +2.2% | |
| Q1 2021 | +5.1% | +8.3% | +12.8% | |
| Q4 2020 | +6.1% | +9.1% | +36.6% | |
| Q3 2020 | -0.6% | +1.8% | +48.6% | |
| Q2 2020 | -6.4% | -5.8% | -3.9% | |
| Q1 2020 | -7.3% | -3.1% | -0.1% | |
| Q4 2019 | -0.7% | -2.0% | -19.4% | |
| Q3 2019 | -1.1% | +2.6% | +8.4% | |
| Q2 2019 | +1.5% | -3.0% | -10.1% | |
| Q1 2019 | +0.0% | -1.0% | -5.9% | |
| Q4 2018 | +4.6% | +5.4% | +4.9% | |
| Q3 2018 | +4.2% | +5.8% | -2.9% | |
| Q2 2018 | -0.1% | +0.9% | +1.5% | |
| Q1 2018 | -0.2% | +1.0% | +0.6% | |
| Q4 2017 | -1.9% | -4.9% | -8.1% | |
| Q3 2017 | +2.5% | +2.4% | +1.0% | |
| Q2 2017 | +3.6% | +2.4% | -0.3% | |
| Q1 2017 | -0.8% | -1.5% | -5.5% | |
| Q4 2016 | +4.0% | +1.9% | -1.4% | |
| Q3 2016 | +7.6% | +4.2% | +9.4% | |
| Q2 2016 | +1.9% | -0.7% | +5.6% | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | -14.8% | — | — | |
| Q3 2015 | +0.0% | — | — | |
| Q2 2015 | -4.8% | — | — | |
| Q1 2015 | -0.9% | — | — | |
| Q4 2014 | +0.6% | — | — | |
| Q3 2014 | +2.0% | — | — | |
| Q2 2014 | -4.6% | — | — | |
| Q1 2014 | +3.0% | — | — | |
| Q4 2013 | -1.3% | — | — | |
| Q3 2013 | -0.2% | — | — | |
| Q2 2013 | +3.7% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | -5.9% | — | — | |
| Q3 2012 | +2.4% | — | — | |
| Q2 2012 | -0.4% | — | — | |
| Q1 2012 | +1.1% | — | — | |
| Q4 2011 | +1.1% | — | — | |
| Q4 2008 | +1.1% | — | — | |
| Q3 2011 | -0.8% | — | — | |
| Q2 2011 | -2.0% | — | — | |
| Q1 2011 | -1.2% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q3 2010 | +0.8% | — | — | |
| Q4 2009 | -0.9% | — | — | |
| Q2 2010 | -0.9% | — | — | |
| Q1 2009 | -4.9% | — | — | |
| Q1 2010 | +1.5% | — | — | |
| Q4 2007 | -0.7% | — | — | |
| Q3 2009 | +2.5% | — | — | |
| Q3 2008 | +2.5% | — | — | |
| Q2 2009 | -0.9% | — | — | |
| Q2 2008 | -0.9% | — | — |
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