ConocoPhillips Q3 2026 Net Income Doubles to $4.0B, Dividend Raised 11% to $0.93
· The NYC Memo
ConocoPhillips reported Q3 2026 net income of $4.0 billion ($3.34 per diluted share), up from $1.7 billion ($1.38 per share) in Q3 2025, driven by a 32% increase in average realized prices to $61.40 per BOE. Total company production was 2,302 MBOED, cash from operations reached $7.2 billion, and the company distributed $3.4 billion to shareholders including $2.4 billion in share repurchases.
The board raised the quarterly ordinary dividend 11% to $0.93 per share, payable December 1, 2026 to stockholders of record November 16, 2026, and guided Q4 2026 production to 2.32–2.36 million BOE per day.