COP · News · 20260807N

Upstream Production Volume

CONOCOPHILLIPS · 2026-08-07 · Importance 26 · Surprise 24

ConocoPhillips’ second-quarter 2026 production exceeded the high end of its guidance range. Record output from the Permian Basin supported the result, although other reporting characterized total oil production as declining year over year. The update indicates continued operational strength in the company’s Lower 48 shale portfolio, with Permian performance partly offsetting declines elsewhere.

Key facts

• Q2 2026 production was above the high end of guidance range, supported by record Permian Basin output. source