ConocoPhillips (COP) Surpasses Q3 Earnings and Revenue Estimates

Core Viewpoint - ConocoPhillips reported quarterly earnings of $1.61 per share, exceeding the Zacks Consensus Estimate of $1.4 per share, but down from $1.78 per share a year ago, indicating an earnings surprise of +15.00% [1][2] Financial Performance - The company achieved revenues of $15.52 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 6.02% and up from $13.6 billion year-over-year [2] - Over the last four quarters, ConocoPhillips has consistently surpassed consensus EPS estimates four times and revenue estimates three times [2] Stock Performance - ConocoPhillips shares have declined approximately 11.6% since the beginning of the year, contrasting with the S&P 500's gain of 15.6% [3] - The current Zacks Rank for ConocoPhillips is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $1.27 on revenues of $14.24 billion, and for the current fiscal year, it is $6.25 on revenues of $60.33 billion [7] - The outlook for the Oil and Gas - Integrated - United States industry is currently in the bottom 21% of Zacks industries, which may impact stock performance [8]