Whales with a lot of money to spend have taken a noticeably bearish stance on ConocoPhillips.Looking at options history for ConocoPhillips (NYSE:COP) we detected 12 trades.If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 66% with bearish.From the overall spotted trades, 5 are puts, for a total amount of $354,116 and 7, calls, for a total amount of $283,665.What's The Price Target?After evaluating the trading volumes and ...

ConocoPhillips posted Q3 2025 adjusted EPS of $1.61, raised its ordinary dividend by 8% to $0.84 per share, lifted full-year production guidance to 2.375 MMBOED, trimmed 2025 operating cost guidance, and outlined preliminary 2026 plans for ~$12 billion in capex, $10.2 billion in adjusted operating costs, and 0–2% underlying production growth. The key news is a higher cash return baseline via an 8% ordinary dividend increase alongside upgraded 2025 production and lower operating cost guidance, plus a first ...

Key Takeaways COP posted a Q3 adjusted EPS of $1.61 and revenues of $15.5B, beating estimates. However, earnings fell y/y.Higher output in Europe, MENA and the Asia Pacific lifted the total production to 2,399 MBoe/d in 3Q25.COP cuts the 2025 cost guidance, and expects 2026 capital spending and operating costs to trend lower.ConocoPhillips (COP) has reported third-quarter 2025 adjusted earnings per share of $1.61, which beat the Zacks Consensus Estimate of $1.40. The bottom line decreased from the prior-yea ...

ConocoPhillips (NYSE:COP) Q3 2025 Earnings Call November 06, 2025 12:00 PM ET Company ParticipantsAndy O’Brien - CFO and EVP of Strategy and CommercialRyan Lance - Chairman and CEOKirk Johnson - EVP of Global Operations and Technical FunctionsGuy Baber - VP of Investor RelationsNick Olds - EVP of Lower 48 and Global HSEConference Call ParticipantsCharles Meade - AnalystStephen Richardson - AnalystKevin MacCurdy - AnalystArun Jayaram - AnalystJeoffrey Lambujon - AnalystJames West - AnalystDoug Leggate - Anal ...

ConocoPhillips (NYSE:COP) Q3 2025 Earnings Call November 06, 2025 12:00 PM ET Company ParticipantsAndy O’Brien - CFO and EVP of Strategy and CommercialRyan Lance - Chairman and CEONick Olds - EVPGuy Baber - VP of Investor RelationsKirk Johnson - EVPConference Call ParticipantsCharles Meade - AnalystStephen Richardson - AnalystKevin MacCurdy - AnalystArun Jayaram - AnalystJeoffrey Lambujon - AnalystJames West - AnalystDoug Leggate - AnalystBob Brackett - AnalystLloyd Byrne - AnalystScott Hanold - AnalystNeil ...

Financial Data and Key Metrics Changes - In Q3 2025, ConocoPhillips produced 2,399,000 barrels of oil equivalent per day, exceeding production guidance [10] - Adjusted earnings per share were $1.61, with cash from operations (CFO) amounting to $5.4 billion [10] - Capital expenditures (CapEx) were $2.9 billion, down from previous quarters, reflecting a peak in major project investments [10] - The company returned over $2.2 billion to shareholders, including $1.3 billion in buybacks and $1 billion in dividends [10] - Full-year production guidance was raised to 2,375,000 barrels of oil equivalent per day, an increase of 15,000 from prior guidance [11] - Operating cost guidance was reduced to $10.6 billion, down from $10.8 billion [11] Business Line Data and Key Metrics Changes - The Willow Project's total capital estimate was increased to $8.5 billion-$9 billion due to inflation and cost escalation [5][12] - The company reduced total LNG project capital by $600 million, with significant progress on three equity projects [6][14] - The Lower 48 capital expenditures are trending lower, with expectations for continued efficiency improvements [38] Market Data and Key Metrics Changes - The company expects a significant reduction in capital spending for 2026, estimated at about $12 billion, down from 2025 guidance [16] - The oil mix for the total company is projected to be around 53% for 2026, with the Lower 48 expected to maintain a 50% oil mix [55][58] Company Strategy and Development Direction - ConocoPhillips aims for top quartile dividend growth relative to the S&P 500, raising its base dividend by 8% [5] - The company is focused on delivering a $7 billion free cash flow inflection by 2029, driven by major projects and cost reduction efforts [8][18] - The strategy includes advancing global LNG projects and leveraging North American natural gas supply to meet international demand [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the execution of projects and the ability to navigate macroeconomic volatility [6][9] - The company anticipates a decline in free cash flow break-even to the low $30s by the end of the decade [5][63] - Management acknowledged the challenges of inflation but emphasized strong project execution and cost management [30][76] Other Important Information - The company has returned approximately 45% of its CFO to shareholders year-to-date, consistent with long-term goals [5] - The Willow Project is expected to deliver significant free cash flow starting in 2029, despite recent cost increases [12][30] Q&A Session Summary Question: Insights on the Willow Project's cost overruns - Management acknowledged the increase in capital estimates due to higher inflation and localized cost escalation but emphasized strong execution and adherence to project timelines [20][24][30] Question: Impact of increased F&D on project returns - Management stated that despite the increase in costs, the project remains competitive within the portfolio, with attractive margins due to premium pricing for Alaska oil [34][35] Question: Lower 48 capital expenditures and free cash flow - Management confirmed that capital expenditures in the Lower 48 are trending lower, with efficiency improvements expected to drive free cash flow growth [38][41] Question: Operating expenses reduction - Management highlighted successful execution in capturing cost savings, achieving 75% of the expected synergies from the Marathon acquisition [50][52] Question: 2026 production and capital guidance - Management provided guidance for 2026, expecting production growth of 0-2% and maintaining flexibility in capital expenditures based on market conditions [68][70]

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 450 points on Thursday.The Dow traded down 0.98% to 46,848.97 while the NASDAQ fell 1.82% to 23,073.21. The S&P 500 also fell, dropping, 1.13% to 6,719.65.Check This Out: How To Earn $500 A Month From Wendy’s Stock Ahead Of Q3 EarningsLeading and Lagging SectorsEnergy shares jumped by 0.9% on Thursday.In trading on Thursday, consumer discretionary stocks fell by 2.4%.Top HeadlineConocoPhillips (NYSE:COP) reported thi ...

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 450 points on Thursday.The Dow traded down 0.98% to 46,848.97 while the NASDAQ fell 1.82% to 23,073.21. The S&P 500 also fell, dropping, 1.13% to 6,719.65.Check This Out: How To Earn $500 A Month From Wendy’s Stock Ahead Of Q3 EarningsLeading and Lagging SectorsEnergy shares jumped by 0.9% on Thursday.In trading on Thursday, consumer discretionary stocks fell by 2.4%.Top HeadlineConocoPhillips (NYSE:COP) reported thi ...

Financial Performance - ConocoPhillips reported adjusted earnings of $2.1 billion, resulting in an adjusted EPS of $1.78 [4] - The company generated $4.7 billion in cash from operations (CFO) and $1.8 billion in free cash flow (FCF), ending with a cash balance of $7.1 billion [4] - Share repurchases amounted to $1.2 billion, and $0.9 billion was returned to shareholders through ordinary dividends and VROC [4] - The average realized price was $54.18 per barrel of oil equivalent (BOE) [9] - Total adjusted earnings decreased from $2.601 billion in 3Q23 to $2.081 billion in 3Q24 [8] Operational Highlights - Total company production reached 1,917 MBOED (thousand barrels of oil equivalent per day) [5] - Record Lower 48 production was achieved at 1,147 MBOED [5] Strategic Decisions - The ordinary dividend was raised by 34%, and share repurchase authorization increased by up to $20 billion [4] - An agreement was signed to purchase additional working interests in Alaska [4] - Progress was made on the Marathon Oil acquisition, with an expected close in 4Q [4] Guidance - Full-year production is guided at 1.94 - 1.95 MMBOED (million barrels of oil equivalent per day) [21] - Fourth-quarter production is expected to be 1.99 - 2.03 MMBOED [21] - Full-year adjusted operating costs are projected to be $9.2B - $9.3B [21]

ConocoPhillips (NYSE: COP) on Thursday raised its quarterly dividend by 8% as it reported better-than-expected earnings for the third quarter. ConocoPhillips, the biggest U.S. independent oil and gas producer, reported adjusted earnings of $2 billion for the third quarter, or $1.61 per share. The EPS easily beat the analyst consensus estimate of $1.41 earnings per share in The Wall Street Journal. Higher oil and gas production and reduced costs helped ConocoPhillips partly offset the lower oil prices and ...