COP · 10-Q · 2026Q2 · Full report
Capital Expenditure Guidance
CONOCOPHILLIPS · 2026-08-06 · Importance 80 · Surprise 68 · Matches filing data
ConocoPhillips expects 2026 capital expenditures and investments of approximately $12 billion to $12.5 billion. The company invested $6.0 billion during the first six months of 2026, primarily across Alaska, Lower 48, Canada, Europe, Middle East and North Africa, Asia Pacific, and global LNG operations. The 2026 guidance compares with $12.6 billion of capital expenditures and investments in 2025.
Key facts
- Our 2026 operating plan capital expenditure guidance is currently expected to be approximately $12 to $12.5 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -8.4% | Our 2026 operating plan capital expenditure guidance is currently expected to be approximately $12 to $12.5 billion. |
| assets | positive | committed | +8.4% | Our 2026 operating plan capital expenditure guidance is currently expected to be approximately $12 to $12.5 billion. |