ConocoPhillips — Third Quarter 2026 Earnings Summary

ConocoPhillips reported third-quarter 2026 earnings of $4.0 billion, or $3.34 per share, with adjusted earnings of $3.9 billion, or $3.27 per share. The company generated $7.2 billion in cash from operations and distributed $3.4 billion to shareholders through $2.4 billion in share repurchases and $1.0 billion in dividends. ConocoPhillips increased its quarterly ordinary dividend by 11% to $0.93 per share, effective for the fourth quarter. Production for the quarter totaled 2,302 thousand barrels of oil equivalent per day, while the company advanced the Willow project toward first oil in early 2029.