On Oct. 25, ConocoPhillips (NYSE:COP) released third-quarter earnings for the period ended Sept. 30.

  • Revenues fell slightly to $44 billion. Results were affected by the partial shutdown of the Prudhoe Bay oil field in Alaska.
  • EPS fell by 13.8% to $2.31. Excluding non-recurring items, EPS would have been $2.68.
  • Free cash flow rose by 6.7%.

(Figures in millions, except per-share data)

Income Statement Highlights

Q3 2006

Q3 2005

Change

Sales*

$44,295

$44,453

(0.4%)

Net Profit**

$3,876

$3,804

1.9%

EPS

$2.31

$2.68

(13.8%)

Diluted Shares

1,676

1,418

18.2%

*Net of excise taxes on petroleum product sales
 **Net profit does not include income from discontinued operations

Get back to basics with a look at the income statement.

Margin Checkup

Q3 2006

Q3 2005

Change*

Gross Margin

23.91%

17.60%

6.31

Operating Margin

18.55%

15.11%

3.44

Net Margin

8.75%

8.56%

0.19

*Expressed in percentage points

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

No data provided.

Learn the ways of the balance sheet.

Cash Flow Highlights

Q3 2006

Q3 2005

Change

Cash From Ops.

$6,235

$6,096

2.2%

Capital Expenditures

$3,597

$3,626

(0.8%)

Free Cash Flow

$2,638

$2,473

6.7%



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Related companies:

  • Chevron (NYSE:CVX)
  • ExxonMobil (NYSE:XOM)
  • PetroChina (NYSE:PTR)
  • Total SA (NYSE:TOT)
  • BP (NYSE:BP)

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