ConocoPhillips Q3 2026 earnings more than double to $4 billion

Bitget2026/11/05 12:04

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ConocoPhillips’ third-quarter 2026 earnings more than doubled year over year to $4 billion, primarily due to higher prices.
Average realized prices rose 32% to $61.40 per BOE, while production fell to 2,302 thousand barrels of oil equivalent per day.
The quarterly ordinary dividend increased 11% to $0.93 per share, effective with the fourth-quarter payment.
Willow module fabrication surpassed 75% completion, with first oil still expected in early 2029.
Fourth-quarter 2026 production is expected to reach 2,320,000–2,360,000 barrels of oil equivalent per day.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConocoPhillips published the original content used to generate this news brief via Business Wire (Ref. ID: 20261105507173) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ConocoPhillips Q3 2026 earnings more than double to $4 billion

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