ConocoPhillips (COP.US) Q3 earnings more than double, beating expectations; to return $3.4 billion to investors through buybacks and dividends

Zhitong Finance APP has learned that on November 5, before the U.S. stock market opened, ConocoPhillips (COP.US) announced its third-quarter 2026 results. The financial report shows that net profit for the quarter was US$4.001 billion, with diluted earnings per share of US$3.34, a year-on-year increase of 142%; adjusted net profit was US$3.918 billion, with adjusted earnings per share of US$3.27, a year-on-year increase of 103%, higher than the market expectation of about US$2.97. The company said the earnings growth mainly came from higher realized prices, partially offset by lower sales volumes.