Conocophillips (COP) earnings for the quarter ended September 2026: EPS beats estimates
Conocophillips reported results for the quarter ended September 2026 on November 5, 2026. Adjusted earnings per share came in at $3.27 against the analysts’ average forecast of $3.05, a beat of 7.3%.
Revenue for the quarter was $20.06 billion.
The market’s verdict: the stock fell 0.5% on the first trading day after the report.
The last four quarters
Conocophillips has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $3.27 | $3.05 | +7.3% | — | −0.5% |
| Jun 2026 | $3.24 | $2.93 | +10.6% | +37% | +2.2% |
| Mar 2026 | $1.89 | $1.72 | +9.6% | −5% | −4.0% |
| Dec 2025 | $1.02 | $1.10 | −7.0% | −6% | +0.0% |
What comes next
Analysts expect EPS of $3.61 for the next quarter on average and $11.94 for the fiscal year ending December 31, 2026.
The average analyst price target is $152.96, 8% above the current price of $142.28.
Valuation and score
Conocophillips scores 3.4 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 14.9, and its intrinsic value under moderate assumptions is about 28% above the current market value. Full Conocophillips analysis with 10 years of financials
Frequently asked questions
What was Conocophillips’s EPS for the quarter ended September 2026?
$3.27 adjusted per share, against an analyst consensus of $3.05.
How much revenue did Conocophillips report?
$20.06 billion.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.