ConocoPhillips announces second-quarter 2026 results and quarterly dividend
ConocoPhillips reported strong Q2 2026 results with adjusted earnings per share of $3.24, more than doubling the prior year, driven by a 36% increase in realized prices to $62.33 per BOE. Cash from operations reached $7.2 billion, allowing the company to double share repurchases to $2.0 billion and fund $1.0 billion in dividends for total shareholder distributions of $3.0 billion.
Key figures
- Eps
- 3.24
- Guidance
- All full-year guidance items remain unchanged.
- Cfo
- $7.2 billion
- Production
- 2,248 MBOED
- Buyback amount
- $2.0 billion
- Realized price
- $62.33 per BOE
- Dividend declared
- $0.84 per share
- Shareholder distributions
- $3.0 billion
AI analysis
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