ConocoPhillips (COP) Expected to Release Quarterly Earnings on Thursday

ConocoPhillips (NYSE:COP) is expected to be issuing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect ConocoPhillips to announce earnings of $3.05 per share and revenue of $18.59 billion for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 12:00 PM ET.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, August 6th. The energy producer reported $3.24 EPS for the quarter, topping the consensus estimate of $2.90 by $0.34. The company had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. ConocoPhillips’s revenue was up 32.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.42 EPS. On average, analysts expect ConocoPhillips to post $11.41 EPS for the current fiscal year and $10.86 EPS for the next fiscal year.

ConocoPhillips Trading Down 1.6%

COP opened at $144.46 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.54 and a quick ratio of 1.39. The company has a market cap of $173.54 billion, a price-to-earnings ratio of 19.11, a price-to-earnings-growth ratio of 1.43 and a beta of 0.16. The firm has a 50 day simple moving average of $136.59 and a 200 day simple moving average of $121.52. ConocoPhillips has a fifty-two week low of $85.57 and a fifty-two week high of $154.28.

ConocoPhillips Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 2.3%. ConocoPhillips’s dividend payout ratio (DPR) is presently 44.44%.

Insider Activity at ConocoPhillips

In related news, SVP Andrew Lundquist sold 9,487 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $135.15, for a total value of $1,282,168.05. Following the sale, the senior vice president directly owned 9,593 shares of the company’s stock, valued at approximately $1,296,493.95. The trade was a 49.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.09% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have commented on COP shares. Piper Sandler began coverage on shares of ConocoPhillips in a report on Tuesday, October 27th. They set a “neutral” rating and a $157.00 target price for the company. Mizuho dropped their target price on shares of ConocoPhillips from $150.00 to $146.00 and set an “outperform” rating for the company in a research report on Tuesday, July 7th. Raymond James Financial reissued an “outperform” rating and issued a $170.00 price target on shares of ConocoPhillips in a research note on Monday. William Blair initiated coverage on ConocoPhillips in a research report on Wednesday, October 28th. They issued a “market perform” rating on the stock. Finally, Wells Fargo & Company lifted their price objective on ConocoPhillips from $183.00 to $189.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $145.08.

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.