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ConocoPhillips (NYSE:COP)
Non-Recurring Items
$66 Mil (TTM As of Dec. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. ConocoPhillips's non-recurring items for the three months ended in Dec. 2014 was $83 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2014 was $66 Mil.

As of today, ConocoPhillips's share price is $65.20. ConocoPhillips's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2014 was $4.61. Therefore, ConocoPhillips's P/E (NRI) ratio for today is 14.14.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

ConocoPhillips Non-Recurring Items for the trailing twelve months (TTM) ended in Dec. 2014 was -18 (Mar. 2014 ) + -7 (Jun. 2014 ) + 8 (Sep. 2014 ) + 83 (Dec. 2014 ) = $66 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

ConocoPhillips's P/E (NRI) Ratio for today is calculated as

ConocoPhillips's Share Price of today is $65.20.
ConocoPhillips's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Dec. 2014 was 1.69 (Mar. 2014 ) + 1.64 (Jun. 2014 ) + 1.31 (Sep. 2014 ) + -0.03 (Dec. 2014 ) = $4.61.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

ConocoPhillips Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Non Operating Income 3,6393,9391,888-29,7342,5313,133005866

ConocoPhillips Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Non Operating Income 118367-924-18-7883
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