COP · News · 20260806N

Revenue Performance and Mix

CONOCOPHILLIPS · 2026-08-06 · Importance 57 · Surprise 64 · No source text

ConocoPhillips reported second-quarter 2026 earnings of $3.9 billion, compared with $2.0 billion in the second quarter of 2025. Adjusted earnings were $3.24 per share, exceeding the $2.88 analyst estimate. Average realized oil prices increased 36% year over year, offsetting lower production. Second-quarter production was above the high end of guidance, supported by record Permian Basin output.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositiverealized+10.0%Net income for Q2 2026 doubled to $3.9 billion (Yahoo Finance UK / Reuters reporting).