ConocoPhillips Q4 earnings surpass expectations, driven by the Permian
The Houston-based operator reported fourth quarter earnings of $2.31 billion and net income of $1.90 per share. Earnings, adjusted for non-recurring costs, came to $1.98 per share. For the year, the company reported profit of $9.24 billion or $7.81 per share and revenue of $56.95 billion.