COP

ConocoPhillipsNYSE · Oil & Gas Exploration & Production · Energy

Previous close

146.84

Change

−7.19 / −4.67%

FinDog View

Bullish

52-Week Range ?

85.57 – 154.28

P/E (TTM) ?

19.9

Forward P/E ?

14.6

Based on consensus earnings for the next 12 months

Market Cap

$185B

+15.85%

S&P 500 −2.28% over same period

Volume / Avg Volume

7.0M / 5.9M

1.19× average · Volume on 10-30

Latest earnings analysisFY2026 Q2Reported 2026-08-06

ConocoPhillips Q2 2026: adjusted EPS $3.24 beats the $2.91 consensus

ConocoPhillips earned $3.93 billion, or $3.23 a share, in FY2026 Q2, and adjusted EPS of $3.24 came in 11.3% above the $2.91 consensus. Read the quarter as a price story, not a volume story: revenue rose 43.3% while production fell. The balance sheet is solid and $7.43 billion of free cash flow funded $3.00 billion of distributions.

Read the full analysis →

Revenue$18.09B

EPS (non-GAAP)$3.24Beatest. $2.91

Next-day move+0.73%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 19.21M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q2 Quarter ended 2026-06	2026-08-06	$18.1B	3.24 / 2.91	+0.73%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-30	$13.5B	1.89 / 1.67	−2.06%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-02-05	$51.8B	1.02 / 1.12	+2.51%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-11-06	$13.3B	1.61 / 1.44	+1.37%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-08-07	$12.6B	1.42 / —	+1.41%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-05-08	$14.5B	2.23 / —	−0.26%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2026-11-05

in 3 days · Pre-market

Consensus EPS

$2.99

Last quarter EPS $3.24

Avg. next-day move over the last 6 reports

±1.4%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 95 of its 5-year rangeExpensive

5-year range 11.2 – 19.9 · Median 12.6

Last 4 quarters: $5.3B in buybacks + $4.1B in dividends, 5.06% of market cap combined

P/E (TTM)

19.9

P/B

2.8

P/S

2.9

Dividend Yield

3.99%

Earnings Reaction

Over the last 6 reports, the stock moved ±1.4% on average on the first trading day after, rising 4 times

Most recent +0.73%

Volatility & Correlation

1-year beta -0.69 · Correlation with S&P 500 -0.28Low beta

Annualized volatility 31% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 2 · $3.3MNet selling $3.3M

08-21LUNDQUIST ANDREW DSenior Vice PresidentSell$1.3M9,487 shares · Avg price 135.15
08-20Rose Kelly BrunettiSVP & General CounselSell$2.0M15,000 shares · Avg price 134.52

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q2	18.09	+43.3%	62.9%	—	3.93	7.43	3.23
FY2026 Q1	13.50	−6.8%	53.5%	—	2.18	4.30	1.78
FY2025 Q4	11.39	−10.7%	54.4%	—	1.44	4.32	1.18
FY2025 Q3	13.34	+14.0%	56.1%	—	1.73	5.88	1.38
FY2025 Q2	12.62	−0.3%	59.7%	—	1.97	3.49	1.56
FY2025 Q1	14.48	+17.6%	57.3%	—	2.85	6.12	2.23
FY2024 Q4	12.75	−1.5%	60.2%	—	2.31	4.46	1.92
FY2024 Q3	11.70	−7.1%	59.4%	—	2.06	5.76	1.76
FY2024 Q2	12.66	+14.9%	61.6%	—	2.33	4.92	1.98
FY2024 Q1	12.31	+2.9%	56.7%	—	2.55	4.99	2.15
FY2023 Q4	12.94	−6.5%	56.1%	—	3.01	5.26	2.52
FY2023 Q3	12.60	−21.1%	56.0%	—	2.80	5.45	2.32

Peers

Largest by market cap in the sector · Latest quarterView Energy sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
COP	ConocoPhillips	$185B	19.9	+43.3%	62.9%	+15.85%	Bullish
XOM	ExxonMobil	$764B	18.4	+32.7%	—	+9.55%	Bullish	Compare
CVX	Chevron Corporation	$459B	22.6	+51.4%	45.5%	+10.20%	Bullish	Compare
MPC	Marathon Petroleum	$125B	14.6	+53.8%	17.2%	+1.91%	Neutral	Compare
VLO	Valero Energy	$111B	15.6	+43.3%	20.4%	−6.11%	Bullish	Compare
PSX	Phillips 66	$110B	15.6	+46.4%	19.2%	+3.95%	Bullish	Compare
WMB	Williams Companies	$90.9B	29.5	+0.0%	—	+0.92%	Bullish	Compare
EOG	EOG Resources	$86.8B	12.6	+57.4%	—	+11.68%	Bullish	Compare
SLB	Schlumberger	$79.3B	25.6	+5.8%	—	+7.32%	Neutral	Compare

The View in One Line

Revenue up 43.3%, EPS 3.24 beat by 11%, free cash flow $7.43B, but growth relies on oil prices while output falls. Conditionally bullish.

Updated 2026-11-02

View History

09-17Neutral → Bullish
Revenue +43.3% YoY, EPS $3.24 beat by 11%, FCF $7.43B; growth is price-driven with falling output, so a conditional bullish.

Notable Institutional Holders

Renaissance Technologies$210M
Citadel Advisors · Ken Griffin$74.5MAdded +26%
Bridgewater Associates · Ray Dalio$2.4M

As of 2026-06-30

ETFs holding it

XLE Energy Select Sector SPDR Fund7.23%
SCHD Schwab U.S. Dividend Equity ETF4.23%
MTUM iShares MSCI USA Momentum Factor ETF1.08%
VYM Vanguard High Dividend Yield ETF0.72%
VTV Vanguard Value ETF0.64%
JEPI JPMorgan Equity Premium Income ETF0.53%
VOO Vanguard S&P 500 ETF0.28%
IVV iShares Core S&P 500 ETF0.27%

Weights estimated at latest prices

Key Events

08-11Management Change
ConocoPhillips CEO Transition; CFO and Other Executive Changes
Effective September 1, 2026, O'Brien will become President and CEO, Lance will become Executive Chairman, and Haynes-Welsh will become Senior Vice President and CFO.Source ↗
06-23Management Change
ConocoPhillips General Counsel Announces Retirement
Kelly B. Rose, Senior Vice President, General Counsel and Corporate Secretary of ConocoPhillips, will retire on September 1, 2026; a successor has yet to be announced.Source ↗
05-14Governance
ConocoPhillips Annual Shareholder Meeting Voting Results Announced
At the May 12, 2026 shareholder meeting, all 13 directors were elected, Ernst & Young was approved as auditor, executive compensation was approved, and the independent chairman proposal failed.Source ↗

Key Financial Trends

Quarterly Revenue ($B)18.1

Gross Margin62.9%

Free Cash Flow ($B)7.4