COP · News · 20260920N

Capital Return Program

CONOCOPHILLIPS · 2026-09-20 · Importance 50 · Surprise 24 · No source text

ConocoPhillips generated $4.2 billion of free cash flow in the second quarter. The company returned $3 billion to shareholders during the quarter. The reported capital returns represented approximately 71% of quarterly free cash flow.

Key facts

Q2 free cash flow was $4.2B. source
Q2 shareholder returns were $3B. source

Impact estimates

metric	direction	stage	expected	basis
cash	positive	realized	+3.4%	Q2 free cash flow was $4.2B.
cash	negative	realized	-2.4%	Q2 shareholder returns were $3B.