secwatch.observer — SEC 8-K summary
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Issuer:     CONOCOPHILLIPS (COP)
CIK:        0001163165
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001163165-25-000056
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ConocoPhillips Q3 adjusted EPS $1.61 misses prior year; raises dividend 8%, updates 2026 guidance
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- Q3 2025 GAAP EPS $1.38 (vs $1.76 YoY); adjusted EPS $1.61 (vs $1.78). Revenue $15.5B.
- Quarterly dividend raised 8% to $0.84/share, payable Dec 1, 2025, record Nov 17.
- Full-year 2025 production guidance raised to 2.375 MMBOED; operating cost guidance lowered to $10.6B.
- Preliminary 2026 guidance: capex ~$12B, adjusted opex $10.2B, 0-2% underlying production growth.
- Executed $3B+ in dispositions in 2025; Willow project capital updated to $8.5-9.0B, first oil early 2029.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163165/000116316525000056/0001163165-25-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163165/000116316525000056/cop-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001163165-25-000056

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