ConocoPhillips announces third-quarter 2026 results and increases quarterly ordinary dividend by 11%
CONOCOPHILLIPS reported quarterly results highlighted by conocoPhillips announces third-quarter 2026 results and increases quarterly ordinary dividend by 11%, according to its earnings release filed with an 8-K Thursday.
Reported third-quarter 2026 earnings per share of $3.34 and adjusted earnings per share of $3.27. Increased shareholder distributions to $3.4 billion, including $2.4 billion of share repurchases; on track for 45% return of CFO in 2026. Raised quarterly ordinary dividend by 11% to $0.93 per share, consistent with top-quartile S&P 500 growth objective. Delivered total company and Lower 48 production of 2,302 thousand barrels of oil equivalent per day (MBOED) and 1,517 MBOED, respectively.
Results detail
Further figures in the release included Distributed $3.4 billion to shareholders, consisting of $2.4 billion through share repurchases and $1.0 billion through the ordinary dividend; ConocoPhillips raised its quarterly ordinary dividend by 11% to $0.93 per share, effective with the fourth-quarter dividend, payable Dec. 1, 2026, to stockholders of record at the close of business on Nov. 16, 2026.
The filing is an Item 2.02 results announcement furnished with Exhibit 99.1. Comparisons use the year-earlier period as presented by CONOCOPHILLIPS unless the release specifies another baseline. Where both GAAP and non-GAAP metrics appear, both are summarized when the extract includes them.
Segment mix, cash flow and any outlook language in the release are the usual secondary reads after the headline revenue and earnings figures. One-time items—restructuring, impairments, gains on sales or legal settlements—can move GAAP profit without changing the run-rate story, so reconciliations remain essential.
Why it matters
For retail investors, the CONOCOPHILLIPS print is a check on whether growth, margins and cash generation are moving together. The figures above come from the company’s Exhibit 99.1 earnings materials; how they stack up against the prior-year run rate and any guide published with the release will shape the near-term debate.
By the numbers
- 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.
- Increased shareholder distributions to $3.4 billion, including $2.4 billion of share repurchases; on track for 45% return of CFO in 2026.
- Raised quarterly ordinary dividend by 11% to $0.93 per share, consistent with top-quartile S&P 500 growth objective.
- Delivered total company and Lower 48 production of 2,302 thousand barrels of oil equivalent per day (MBOED) and 1,517 MBOED, respectively.
- Distributed $3.4 billion to shareholders, consisting of $2.4 billion through share repurchases and $1.0 billion through the ordinary dividend.
Sources
- CONOCOPHILLIPS Form 8-K with quarterly financial results, filed 2026-11-05 (accession 0001163165-26-000043)
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