ConocoPhillips (COP) Expected to Release Quarterly Earnings on Thursday

ConocoPhillips (NYSE:COP) is projected to issue its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $3.05 per share and revenue of $18.56 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 12:00 PM ET.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings data on Thursday, August 6th. The energy producer reported $3.24 EPS for the quarter, beating the consensus estimate of $2.90 by $0.34. The firm had revenue of $19.52 billion for the quarter, compared to analyst estimates of $18.79 billion. ConocoPhillips had a return on equity of 14.72% and a net margin of 14.22%. The company’s revenue was up 32.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.42 EPS. On average, analysts expect ConocoPhillips to post $11.42 EPS for the current fiscal year and $10.95 EPS for the next fiscal year.

ConocoPhillips Stock Performance

Shares of NYSE COP opened at $148.95 on Thursday. The stock has a market cap of $178.94 billion, a price-to-earnings ratio of 19.70, a P/E/G ratio of 1.47 and a beta of 0.24. The company has a current ratio of 1.54, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. ConocoPhillips has a 1-year low of $85.57 and a 1-year high of $152.77. The stock’s 50-day moving average is $135.37 and its 200 day moving average is $120.50.

ConocoPhillips Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a $0.84 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $3.36 annualized dividend and a yield of 2.3%. ConocoPhillips’s dividend payout ratio is currently 44.44%.

Wall Street Analyst Weigh In

COP has been the topic of a number of recent research reports. Raymond James Financial reiterated an “underperform” rating and set a $168.00 price target on shares of ConocoPhillips in a research report on Monday, August 24th. UBS Group boosted their price objective on shares of ConocoPhillips from $153.00 to $169.00 and gave the stock a “buy” rating in a report on Monday, September 14th. Wall Street Zen raised shares of ConocoPhillips from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $157.00 price objective on shares of ConocoPhillips in a research note on Tuesday, October 20th. Finally, Argus increased their target price on shares of ConocoPhillips from $136.00 to $153.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $145.00.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, SVP Andrew Lundquist sold 9,487 shares of ConocoPhillips stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $135.15, for a total value of $1,282,168.05. Following the transaction, the senior vice president directly owned 9,593 shares of the company’s stock, valued at $1,296,493.95. The trade was a 49.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.09% of the stock is currently owned by insiders.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Technical momentum improved: COP reclaimed its 50-day moving average, a signal that technical analysts view as supportive of a short-term bullish trend. ConocoPhillips Just Reclaimed the 50-Day Moving Average
• Positive Sentiment: Oil-sector tailwinds remain favorable: ConocoPhillips and other major producers have benefited from elevated crude prices, partly linked to geopolitical tensions. The company recently reached a fresh 52-week high, reinforcing the stock’s momentum. ConocoPhillips Reaches a Fresh 52-Week High
• Neutral Sentiment: Analyst view is cautious but not bearish: Piper Sandler initiated coverage with a “neutral” rating and a $157 price target, implying modest additional upside. The average target cited elsewhere is $145, below recent trading levels, suggesting valuation may already reflect much of the favorable outlook. Piper Sandler ConocoPhillips Rating
• Neutral Sentiment: Momentum has been strong but volatile: COP gained 2.93% over the prior week before declining during the latest completed session, indicating continued sensitivity to broader market and energy-price movements. ConocoPhillips Weekly Momentum
• Negative Sentiment: Canadian workforce reductions add execution and sentiment risk: ConocoPhillips plans another round of Canadian job cuts as it restructures regional operations and aligns staffing with project priorities. The move may reduce costs, but it also highlights portfolio pressures and potential employee-relations risks. ConocoPhillips Plans Job Cuts in Canada

About ConocoPhillips

ConocoPhillips (NYSE:COP) is an independent exploration and production company engaged in finding, developing and producing oil, natural gas and natural gas liquids. Unlike integrated energy companies, it primarily focuses on upstream activities rather than operating large refining or retail fuel businesses.

The company’s portfolio includes conventional and unconventional oil and natural gas assets, liquefied natural gas-related interests, oil sands operations and other energy resources.