---
schema_version: "secwatch.filing_event.v1"
accession: "0001163165-26-000016"
form_type: "8-K"
ticker: "COP"
cik: "0001163165"
company_name: "CONOCOPHILLIPS"
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:33:27.411644+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ConocoPhillips Q1 EPS $1.78 vs $2.23 YoY; production down; Qatar excluded from Q2 guidance

## Summary
- Reported EPS $1.78, adjusted EPS $1.89; Q1 2025 EPS $2.23.
- Production 2,309 MBOED, down 80 MBOED YoY; Lower 48 at 1,453 MBOED.
- Generated CFO of $5.4B; returned $2.0B to shareholders ($1.0B buybacks, $1.0B dividend).
- Q2 production guidance 2.185-2.215 MMBOED excluding Qatar; FY 2026 capex $12-12.5B.
- Declared Q2 dividend $0.84/share payable June 1, 2026.

## SEC filing metadata
- accession: 0001163165-26-000016
- form_type: 8-K
- ticker: COP
- cik: 0001163165
- company_name: CONOCOPHILLIPS
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163165/000116316526000016/0001163165-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163165/000116316526000016/cop-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001163165-26-000016
- JSON: https://secwatch.observer/filing/0001163165-26-000016.json
- Plain text: https://secwatch.observer/filing/0001163165-26-000016.txt

## Key facts
- Earnings Releases
  CONOCOPHILLIPS reported first-quarter 2026 results: net income 2.2 billion, EPS 1.78.
  - Period: first-quarter 2026
  - Net income: 2.2 billion
  - EPS: 1.78
  - Result: reported results
  source text: ConocoPhillips (NYSE: COP) today reported first-quarter 2026 earnings of $2.2 billion, or $1.78 per share, compared with first-quarter 2025 earnings of $2.8 billion, or $2.23 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163165/000116316526000016/0001163165-26-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.