COP · 8-K · 20260806PR000030

Middle East Conflict Impact

CONOCOPHILLIPS · 2026-08-06 · Importance 51 · Surprise 50

ConocoPhillips said second-quarter 2026 production declined 143 MBOED year over year to 2,248 MBOED. After adjusting for acquisitions and dispositions, production fell 98 MBOED, or 4%, with organic Lower 48 growth more than offset by the impact of the Middle East conflict on Qatar and higher Surmont royalties. The company also cited the Middle East conflict as a factor in its first-half production decline.

Key facts

• Organic growth from Lower 48 was more than offset by the impact of the Middle East conflict on Qatar. source