COP · 10-Q · 2026Q2 · Full report

Guidance and Outlook

CONOCOPHILLIPS · 2026-08-06 · Importance 59 · Surprise 24 · No source text

Management expects third-quarter 2026 production of 2.29 MMBOED to 2.32 MMBOED. ConocoPhillips reaffirmed all full-year 2026 guidance items in the second-quarter filing. The company also anticipates incremental cost reductions and margin enhancements exceeding $1 billion on a run-rate basis by year-end 2026.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenueunclearprobableThird-quarter 2026 production is expected to be 2.29 to 2.32 MMBOED.