CONOCOPHILLIPS (COP)
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. It serves in the United States, Canada, China, Equatorial Guinea, Libya, Malaysia, Norway, Singapore, the United Kingdom, and internationally. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
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- COP
- SEC CIK
- 0001163165
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Periods
- FY2025 Q1, FY2026, FY2026 Q1, FY2026 Q2, FY2026 Q3, FY2027
- Headquarters
- Houston, TX
- Employees
- 9,600
Key figures
- NetIncome 2.18B USD
- DilutedEPS 1.78 USD/share
Reported figures
- CapitalExpenditure 2.90B USD
- CapitalExpenditure 2.95B USD
- CashAndEquivalents 6.70B USD
- DilutedEPS 1.78 USD/share
- DilutedEPS 1.89 USD/share
- DilutedEPS 2.09 USD/share
- DilutedEPS 2.23 USD/share
- DividendPerShare 0.84 USD/share
- FreeCashFlow 1.35B USD
- GrossProfit 4.30B USD
- InterestExpense 295.00M USD
- NetIncome 2.18B USD
- NetIncome 2.20B USD
- NetIncome 2.30B USD
- NetIncome 2.32B USD
- NetIncome 2.68B USD
- NetIncome 2.70B USD
- NetIncome 2.80B USD
- NetIncome 2.85B USD
- OperatingCashFlow 4.29B USD
- OperatingCashFlow 4.30B USD
- OperatingIncome 3.39B USD
- OtherMetric 1.20B USD
- OtherMetric 1.45M barrels of oil equivalent per day
- OtherMetric 183.00K barrels of oil equivalent per day
- OtherMetric 2.31M barrels of oil equivalent per day
- OtherMetric 2.32M barrels of oil equivalent per day
- OtherMetric 2.39M barrels of oil equivalent per day
- OtherMetric 200.00K barrels of oil equivalent per day
- OtherMetric 367.00K barrels of oil equivalent per day
- OtherMetric 5.39B USD
- OtherMetric 5.40B USD
- OtherMetric 50.36 USD per barrel of oil equivalent
- OtherMetric 53.34 USD per barrel of oil equivalent
- OtherMetric 698.00K barrels of oil equivalent per day
Guidance
- CapitalExpenditure guidance 12.00B–12.50B USD
- OtherMetric guidance 2.19–2.21 million barrels of oil equivalent per day
- OtherMetric guidance 2.29–2.33 million barrels of oil equivalent per day
Drivers
- Higher Surmont royalties contributed to production decrease
- Impact of the Middle East conflict on Qatar contributed to downtime affecting production
- Lower costs partially offset decreased earnings and adjusted earnings from first quarter 2
- Lower gas prices in Permian contributed to decreased earnings and adjusted earnings from f
- Lower volumes contributed to decreased earnings and adjusted earnings from first quarter 2
- Organic growth from Lower 48 was more than offset by downtime and higher Surmont royalties
Risks
- Uncertainty around North Field East and North Field South capital timing in Qatar affects
- Uncertainty around the macro environment affects capital spending range for 2026
- Uncertainty surrounding the conflict in the Middle East led to exclusion of Qatar from sec
Corporate events
- Declared second-quarter ordinary dividend of $0.84 per share, payable June 1, 2026, to sto
- Repurchased $1.0 billion of shares in first quarter 2026
Quotes
- “Amid ongoing macro volatility, ConocoPhillips delivered another quarter of stron…”