COP · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

CONOCOPHILLIPS · 2026-11-05 · Importance 59 · Surprise 48 · Matches filing data

Third-quarter 2026 sales and other operating revenues increased $4.404 billion year over year to $19.435 billion; nine-month revenue rose $8.805 billion to $54.357 billion. Higher realized prices contributed $3.178 billion of the quarterly increase and $6.700 billion over nine months, partly offset by lower produced volumes of $281 million and $1.126 billion, respectively. Third-quarter crude oil revenue rose to $12.959 billion from $10.010 billion, while natural gas revenue increased to $2.925 billion from $2.020 billion; nine-month crude oil revenue increased to $37.488 billion from $30.371 billion, while natural gas revenue declined to $6.578 billion from $6.782 billion. Third-quarter U.S. revenue increased to $14.943 billion from $11.887 billion and international revenue rose to $4.492 billion from $3.144 billion; nine-month U.S. and international revenue were $42.310 billion and $12.047 billion, respectively.

Key facts

• ConocoPhillips' sales and other operating revenues increased $4,404 million in the third quarter and $8,805 million in the first nine months of 2026; higher realized prices contributed $3,178 million and $6,700 million, partly offset by lower produced volumes of $281 million and $1,126 million, respectively. source
• ConocoPhillips' oil and bitumen prices were higher in the third quarter of 2026 than in the third quarter of 2025 as Middle East supply disruptions that began in the first quarter of 2026 persisted through the quarter. source
• ConocoPhillips' total realized prices were higher in the third quarter of 2026 than a year earlier, primarily due to higher industry oil prices. source

Impact estimates