COP · News · 20261106N
Capital Return Program
CONOCOPHILLIPS · 2026-11-06 · Importance 68 · Surprise 58 · In source text
In Q3 2026, ConocoPhillips repurchased $2.4 billion of shares and paid $1 billion in ordinary dividends, distributing $3.4 billion to shareholders in total. The company announced an 11% increase in its quarterly dividend. The earnings-call recap also reported a 45% CFO return target for 2027.
Key facts
- ConocoPhillips set a 45% cash-from-operations return target for 2027. source
- ConocoPhillips announced an 11% increase in its quarterly dividend. source
- ConocoPhillips repurchased $2.4 billion of shares in Q3 2026. source
- ConocoPhillips distributed a total of $3.4 billion to shareholders in Q3 2026. source
- ConocoPhillips paid $1 billion in ordinary dividends in Q3 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -2.7% | ConocoPhillips distributed a total of $3.4 billion to shareholders in Q3 2026. |
| cash | negative | committed | — | ConocoPhillips set a 45% cash-from-operations return target for 2027. |
| cash | negative | committed | — | ConocoPhillips announced an 11% increase in its quarterly dividend. |