ConocoPhillips’s 4Q16 cash flow
For 4Q16, ConocoPhillips (COP) reported cash flow of $1.16 per share, which is lower by ~9% when compared with 4Q15.
As seen in the above chart, ConocoPhillips has reported declining cash flows since 4Q14, mainly due to lower realized crude oil (USO) and natural gas (UNG) prices. In 1Q16 ConocoPhillips reported the lowest ever cash flow of $0.34 per share. For 4Q16, ConocoPhillips reported positive free cash flow of ~$0.36 per share.
Other upstream players
Due to the steep downward trend in energy prices, most S&P 500 (SPY) (SPX-INDEX) energy companies have reported lower year-over-year cash flows. Southwestern Energy (SWN), EOG Resources (EOG), and Range Resources (RRC) reported $0.36 per share, $1.39 per share, and $0.18 per share, respectively, in cash flows in 3Q16.