COP · News · 20260823N
Capital Return Program
CONOCOPHILLIPS · 2026-08-23 · Importance 59 · Surprise 82 · In source text
ConocoPhillips doubled its share repurchases during the second quarter of 2026. The company declared a quarterly dividend of $0.84 per share. The reported capital-return actions accompanied second-quarter revenue of $19.52 billion and EPS of $3.24.
Key facts
- The company doubled share repurchases (relative to the prior level referenced in the report). source
- ConocoPhillips' Senior VP of Legal Kelly Rose sold 59% of their shares, amounting to US$2.0m worth of stock. source
- Declared quarterly dividend: $0.84. source
- Commerce Bank acquired a $12.5 million stake in ConocoPhillips. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | The company doubled share repurchases (relative to the prior level referenced in the report). |
| liability | negative | committed | — | Declared quarterly dividend: $0.84. |