Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Loading
Start 30 days free, no card. Full Pro access for a month, then decide. Start free
Calendar quarter Q1 2026Earnings call Apr 30, 2026
FY2026 Q1 in brief
ConocoPhillips generated $5.4 billion in CFO with adjusted earnings of $1.89 per share as Lower 48 production of 1,453,000 boe/d represented 4% year-over-year underlying growth despite overall production being adjusted down for Qatar Middle East conflict…
Newest quarter is part of Pro ·
Sources. Tellvest earnings-call sentiment score for ConocoPhillips (COP), FY2026 Q1: 6/10. Scores: ConocoPhillips’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: COP daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
No 8-K events recorded for this window.
GAAP revenue YoY -2.45% → base 4. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
ConocoPhillips generated $5.4 billion in CFO with adjusted earnings of $1.89 per share as Lower 48 production of 1,453,000 boe/d represented 4% year-over-year underlying growth despite overall production being adjusted down for Qatar Middle East conflict disruptions and Surmont royalty changes. The cost reduction program tracked ahead of schedule, and the company maintained its durable shareholder returns framework. Willow reached the 50% completion milestone, LNG markets structurally tightened, and management characterized the global oil supply shortfall as creating demand rationing conditions.
Capex Investment | Capital Allocation | Competitive Dynamics | Geographic Expansion | M&A | Margin | Macroeconomic | Revenue Growth | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 5 | 4 | 3 | 4 | 1 | 3 | ||
| 2025Q1 | 6 | 5 | 4 | 1 | 2 | 2 | 3 | |
| 2025Q2 | 5 | 5 | 1 | 1 | 3 | 3 | 1 | 2 |
| 2025Q3 | 6 | 1 | 1 | 3 | 4 | 1 | 1 | |
| 2025Q4 | 3 | 3 | 7 | 5 | 1 | 1 | 1 | 2 |
| 2026Q1 | 3 | 2 | 2 | 2 | 1 | 1 | 3 | 2 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Capex Investment | 5 | 6 | 5 | 6 | 3 | 3 |
| Capital Allocation | 4 | 5 | 5 | 1 | 3 | 2 |
| Competitive Dynamics | 3 | 4 | 1 | 1 | 7 | 2 |
| Geographic Expansion | 1 | 1 | 3 | 5 | 2 | |
| M&A | 4 | 2 | 3 | 1 | 1 | |
| Margin | 2 | 3 | 4 | 1 | 1 | |
| Macroeconomic | 1 | 3 | 1 | 1 | 1 | 3 |
| Revenue Growth | 3 | 2 | 1 | 2 | 2 |
The table scrolls sideways. Swipe it, or select it and use the arrow keys.
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Net margin | FCF |
|---|---|---|---|---|---|---|
| FY2024 Q4 | $14.24B | -2.8% | $1.90 | -24.6% | 16.2% | $1.14B |
| FY2025 Q1 | $16.46B | +19.3% | $2.23 | +3.7% | 17.3% | $2.74B |
| FY2025 Q2 | $13.98B | +2.9% | $1.56 | -21.2% | 14.1% | $199M |
| FY2025 Q3 | $14.97B | +15.2% | $1.38 | -21.6% | 11.5% | $12.54B |
| FY2025 Q4 | $13.31B | -6.5% | $1.16 | -38.9% | 10.8% | $1.29B |
| FY2026 Q1Selected | $16.05B | -2.5% | $1.78 | -20.2% | 13.6% | $1.35B |
| FY2026 Q2 | $18.09B | +29.4% | $3.23 | +107.1% | 21.7% | $5.76B |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
| Analyst | Firm | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Arun Jayaram | JPMorgan | 7 questions · 14% challenging |
| Scott Hanold | RBC Capital Markets | 7 questions · 0% challenging |
| Neil Mehta | Goldman Sachs | 7 questions · 0% challenging |
| Betty Jiang | Barclays | 7 questions · 0% challenging |
| Doug Leggate | Wolfe Research | 7 questions · 43% challenging |
| Lloyd Byrne | Jefferies | 6 questions · 0% challenging |
| Steve Richardson | Evercore ISI | 6 questions · 0% challenging |
| Paul Cheng | Scotiabank | 5 questions · 0% challenging |
| Phillip Jungwirth | BMO Capital Markets | 4 questions · 0% challenging |
| Devin McDermott | Morgan Stanley | 4 questions · 0% challenging |
| Firm | Analysts | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| JPMorgan | 1 analyst | 7 questions · 14% challenging |
| Wolfe Research | 1 analyst | 7 questions · 43% challenging |
| Barclays | 1 analyst | 7 questions · 0% challenging |
| Goldman Sachs | 1 analyst | 7 questions · 0% challenging |
| Jefferies | 2 analysts | 7 questions · 0% challenging |
| RBC Capital Markets | 1 analyst | 7 questions · 0% challenging |
| Evercore ISI | 1 analyst | 6 questions · 0% challenging |
| Scotiabank | 1 analyst | 5 questions · 0% challenging |
What COP and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“The EG LNG asset came to us through the Marathon acquisition with a strong reputation of performance.”
ConocoPhillips notes its Equatorial Guinea LNG asset was acquired via the Marathon Oil acquisition and has performed well, validating that deal's asset quality.
“As you would expect, QatarEnergy executed a very controlled ramp down and ultimately largely a shutdown across most of their trains at Ras Laffan for both security and process integrity reasons, but also because with the Strait closed, there is limited capacity, if any, to lift cargoes.”
QatarEnergy, ConocoPhillips's partner in the QG3 LNG venture, largely shut its Ras Laffan trains amid the Middle East conflict, taking significant Qatari LNG offline for an extended period.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
COP ConocoPhillips | 6 | -2.5% | |
| APA APA Corporation | 5 | -11.7% | |
| CTRA Coterra | · | n/a | |
| DVN Devon Energy | 5 | -13.0% | |
| EOG EOG Resources | 9 | +15.7% | |
| EQT EQT Corporation | 9 | +39.7% | |
| EXE Expand Energy | 7 | +100.2% | |
| FANG Diamondback Energy | 6 | +5.2% | |
| OXY Occidental Petroleum | 6 | -23.1% | |
| TPL Texas Pacific Land Corporation | 8 | +20.8% |