COP · 10-Q · 2026Q3 · Full report

Liquidity and Cash Position

CONOCOPHILLIPS · 2026-11-05 · Importance 41 · Surprise 22 · In source text

At September 30, 2026, ConocoPhillips had $7.765 billion of cash and cash equivalents, $2.164 billion of short-term investments and $15.4 billion of total liquidity, including $5.5 billion of available revolving-credit capacity. The company also held $1.1 billion of long-term investments in debt securities. Cash and cash equivalents increased from $6.497 billion at December 31, 2025; the filing reports $2.164 billion of short-term investments at September 30, 2026. First-nine-month uses of available cash included $9.1 billion for capital expenditures and investments, $5.4 billion for share repurchases, $3.1 billion for ordinary dividends and $1.7 billion of net investment purchases, partly offset by $1.8 billion of asset-sale proceeds.

Key facts

• CONOCOPHILLIPS had a $5.5 billion revolving credit facility maturing in February 2030 and $5.5 billion of available borrowing capacity at September 30, 2026, with no commercial paper, direct borrowings, or letters of credit outstanding under it. source
• ConocoPhillips had cash and cash equivalents of $7.765 billion at September 30, 2026, compared with $6.497 billion at December 31, 2025. source
• During the first nine months of 2026, CONOCOPHILLIPS’s primary cash uses included $9.1 billion for capital expenditures and investments, $5.4 billion for share repurchases, $3.1 billion for ordinary dividends, and $1.7 billion of net investment purchases; these were partly offset by $1.8 billion of asset-sale proceeds. source
• At September 30, 2026, total liquidity was $15.4 billion, comprising $7.8 billion of cash and cash equivalents, $2.2 billion of short-term investments, and $5.5 billion of available credit-facility borrowing capacity. source
• Investing activities in the first nine months of 2026 included net purchases of $1.677 billion of investments: $1.311 billion of short-term investments and $366 million of long-term investments. source
• ConocoPhillips held $2.164 billion in short-term investments at September 30, 2026. source
• At the end of the third quarter of 2026, ConocoPhillips had $10.4 billion of cash, cash equivalents, restricted cash and short-term investments, and $1.1 billion of long-term investments in debt securities. source
• Cash and cash equivalents were $7.765 billion at September 30, 2026, compared with $6.497 billion at December 31, 2025. source

Impact estimates