COP · 8-K · 20261105PR000043
Net Income and Profitability
CONOCOPHILLIPS · 2026-11-05 · Importance 63 · Surprise 64 · From source text
Third-quarter 2026 earnings were $4.001 billion, or $3.34 per share, versus $1.726 billion, or $1.38 per share, in third-quarter 2025. Adjusted earnings were $3.918 billion, or $3.27 per share, compared with $2.007 billion, or $1.61 per share, a roughly 95% year-over-year increase. Higher prices drove the improvement, partially offset by lower production volumes; the quarter’s special items primarily reflected a tax-reserve reversal.
Key facts
- ConocoPhillips reported third-quarter 2026 earnings of $4.0 billion, or $3.34 per share, compared with third-quarter 2025 earnings of $1.7 billion, or $1.38 per share. source
- ConocoPhillips third-quarter 2026 adjusted earnings were $3.9 billion, or $3.27 per share, compared with third-quarter 2025 adjusted earnings of $2.0 billion, or $1.61 per share. source
- ConocoPhillips third-quarter 2026 adjusted earnings were $3,918 million, or $3.27 per share, compared with $2,007 million, or $1.61 per share, in third-quarter 2025. source
- ConocoPhillips reported third-quarter 2026 earnings of $4,001 million, or $3.34 per share, compared with $1,726 million, or $1.38 per share, in third-quarter 2025. source
- Third-quarter 2026 special items primarily reflected the reversal of a tax reserve. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +12.6% | ConocoPhillips reported third-quarter 2026 earnings of $4,001 million, or $3.34 per share, compared with $1,726 million, or $1.38 per… |
| net_income | positive | realized | +10.6% | ConocoPhillips third-quarter 2026 adjusted earnings were $3,918 million, or $3.27 per share, compared with $2,007 million, or $1.61 per… |