COP · News · 20260812N
Revenue Performance and Mix
CONOCOPHILLIPS · 2026-08-12 · Importance 37 · Surprise 6 · In source text
ConocoPhillips recently reported quarterly revenue of $19.52 billion, exceeding analyst estimates. Quarterly EPS was $3.24. The company increased shareholder distributions and reaffirmed its guidance.
Key facts
- ConocoPhillips recently reported EPS of $3.24 and revenue of $19.52 billion for the quarter. source
- ConocoPhillips is facing an upcoming CEO transition (noted as upcoming in the report). source
- ConocoPhillips increased shareholder distributions and reaffirmed its guidance. source
- Institutional investors own 82.36% of ConocoPhillips stock. source
- InvestingPro analysis suggests ConocoPhillips has a year-to-date return of 36.6%. source
- ConocoPhillips stock rose 1.10% on Wednesday, closing at $127.30, marking its fifth consecutive day of gains. source
- UBS increased the price target for ConocoPhillips to $153.00 from $143.00 and is maintaining a Buy rating on the stock. source
- Freedom Capital upgraded ConocoPhillips stock from "hold" to "strong buy." source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | ConocoPhillips recently reported EPS of $3.24 and revenue of $19.52 billion for the quarter. |
| net_income | positive | realized | — | ConocoPhillips recently reported EPS of $3.24 and revenue of $19.52 billion for the quarter. |