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.

洞察:
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 USUS 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.
A screen displays the logo for ConocoPhillips on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 6, 2022. REUTERS/Brendan McDermid
A screen displays the logo for ConocoPhillips on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 6, 2022. REUTERS/Brendan McDermid
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