ConocoPhillips misses quarterly profit estimates as lower oil prices offset production gains
The U.S. oil producer missed quarterly profit estimates today as lower crude prices countered higher output. Brent crude fell over eleven percent last quarter.
Insights:
ConocoPhillips reported fourth-quarter adjusted earnings of $1.02 per share on February 5, 2026, missing the Wall Street consensus estimate of $1.11. The results for the largest US 
US independent oil and gas producer reflect a deterioration in financial performance during the October–December quarter ended Dec. 31, as a decline in global oil prices weighed on the company's bottom line.
US independent oil and gas producer reflect a deterioration in financial performance during the October–December quarter ended Dec. 31, as a decline in global oil prices weighed on the company's bottom line.
