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ConocoPhillips 2Q26 EPS more than doubles to $3.23 year over year

ConocoPhillips 2Q26 EPS more than doubles to $3.23 year over year

ReutersReuters2026/08/06 11:09
  • ConocoPhillips posted 2Q26 earnings of USD 3.9 billion, or USD 3.23 a share; adjusted (non-GAAP) earnings were USD 4.0 billion, or USD 3.24.
  • Cash provided by operating activities rose to USD 7.4 billion; cash from operations (non-GAAP) totaled USD 7.2 billion.
  • Average realized price climbed 36% to USD 62.33 per BOE versus 2Q25; production fell to 2,248 MBOED.
  • Shareholder distributions increased to USD 3.0 billion, including USD 2.0 billion of buybacks; the quarterly dividend was set at USD 0.84.
  • Guidance was reaffirmed, with 3Q production seen at 2.29 million to 2.32 million BOED; CEO Ryan Lance cited LNG offtake rising to 12 MTPA.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConocoPhillips published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

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