$COP

ConocoPhillips reported Q3 2026 adjusted earnings of $3.27 per share, beating estimates, with revenues of $20.05 billion. The company reaffirmed its $7 billion free cash flow target by 2029, outlined lower capital spending for 2027, and expects production growth. It plans to return 45% of cash from operations to shareholders in 2026, with increased repurchases in Q4. Management highlighted efficiency gains in the Lower 48 and progress on the Willow project, while expanding its LNG portfolio.

Wells Fargo kept ConocoPhillips at Overweight but reduced its price target to $185 from $189, a 2.1% decrease. The new target suggests a 36.6% upside from the Nov 5 close of $135.46. Recent analyst price targets for ConocoPhillips range from $136 to $175.

Morgan Stanley analyst Devin McDermott maintained a Buy rating on Conocophillips (COP) with a $159.00 price target. The analyst consensus is Moderate Buy with an average target of $152.80. COP reported Q2 revenue of $19.16B and net profit of $3.93B, up from $14B and $1.97B last year. Insider sentiment is negative, with recent sales by executives.

ConocoPhillips reported Q3 profits of $4 billion, driven by high oil prices. Crude production hit a record high last week. Other topics include AI in research, stock exchange swaps, and a professional cookie decorator.

ConocoPhillips reported $4B Q3 profit, driven by high oil prices and record U.S. crude production of 14M barrels/day. Analysts attribute gains to geopolitical disruptions and strong refining margins. Growth in the Permian Basin is notable, but companies remain cautious about future spending due to price volatility.

ConocoPhillips (COP) considers expanding Canadian oil sands operations due to potential new policies. CEO Andy O’Brien notes upcoming fiscal policies may make Canadian investments more attractive. The company reported Q3 earnings of $4B, raising its dividend by 11%. Canadian Natural (CNQ) also reported strong Q3 results, beating profit estimates.

ConocoPhillips plans to begin drilling at the Willow project in Alaska by 2027, with process modules expected to be completed by the second quarter of this year, according to the company.

Gasoline prices may drop below $4/gallon in 7-10 days, according to analysts. Oil prices fell sharply post-election, with crude down 8.3%-8.7%. Surplus supply and weak demand contribute to the decline. Oil stocks like ExxonMobil (XOM), Chevron (CVX), and ConocoPhillips (COP) dropped 3.8%-5.9%. Prices could rise if Middle East tensions escalate.

Mizuho raised its price target on ConocoPhillips (COP) to $149, citing strong cash flow and operational updates. The stock is down 8.7% in the past week. COP increased share buybacks and raised its dividend. Multiple analysts have updated their price targets and ratings for the company.

CONOCOPHILLIPS (COP) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 ConocoPhillips announces third-quarter 2026 results and increases quarterly ordinary dividend by 11% • Reported third-quarter 2026 earnings per share of $3.34 and adjusted earnings per share of $3.27. • Generated cash provided by operating activities and cash from op