CConocoPhillips explores for, drills and produces crude oil, natural gas and natural gas liquids, which it sells to refiners, utilities and energy traders around the world. Most of its output comes from shale basins across the continental United States, where its crews drill long horizontal wells and fracture tight rock to release oil and gas. It also runs conventional onshore fields and offshore production platforms in Canada, Norway and other countries, and it earns its money from the market price of each barrel and cubic foot it sells. ConocoPhillips was formed in 2002 when Conoco and Phillips Petroleum merged, and it is based in Houston, Texas.
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ConocoPhillips' Alaska profit more than triples to $423 million on higher oil prices. ConocoPhillips earned $423 million in Alaska in the third quarter, up from $130 million a year earlier, mostly on higher oil prices rather than much more oil, according to its Nov. 5 quarterly filing with the U.S. Securities and Exchange Commission. Alaska crude averaged $96.52 a barrel, against $72.72 a year earlier. The filing credits higher prices with $302 million of the earnings increase and higher volume with $25 million. Alaska sales and other operating revenue rose to about $1.8 billion from $1.4 billion. Earnings fell from $522 million in the second quarter, when crude averaged $108.49. Output averaged 185,000 barrels of oil equivalent a day, up from 182,000. Crude production rose to 170,000 barrels a day from 164,000, which the filing credits to better base performance and new wells, partly offset by normal field decline. Natural gas output fell to 15 million cubic feet a day from 36 million. Production and operating expenses fell to $500 million from $564 million. Taxes other than income taxes rose to $166 million from $126 million. Over nine months, the filing says those taxes were $139 million higher, mainly because a past settlement of a contingent matter no longer affected the figures, along with higher property taxes and higher production taxes driven by prices. Alaska News reported Sept. 28 that North Slope crude was running about $15 above the state's spring forecast, which a budget group said could add nearly $1 billion to state revenue this year if prices held. Through September, Alaska earnings reached about $1.24 billion, against $592 million in the same period last year. Output over those nine months fell to 188,000 barrels of oil equivalent a day from 198,000, which the company attributes to normal field decline. The Coyote expansion pad in the Greater Kuparuk Area reached first production in August. ConocoPhillips says the Coyote 3SX project cost about $800 million. On Willow, the company's news release says module fabrication is more than 75 percent complete and the project is on track for first oil in early 2029. Alaska capital spending totaled $936 million in the quarter and about $2.8 billion through September, funding Western North Slope work including Willow, Greater Kuparuk Area development and exploration in the National Petroleum Reserve-Alaska. Alaska accounted for about a tenth of the company's earnings and liquids production and about 30 percent of its capital spending. Companywide, ConocoPhillips earned $4 billion in the quarter. What did you make of this story? (no account needed) Get Alaska News in your inbox Create your free account and get the day's top stories around 6 each morning, in a few minutes' read. The day's top stories around 6 each morning. Unsubscribe in one click. or use your email
Big Oil earnings are set to surge this week, with ExxonMobil, Chevron, Marathon Petroleum, and ConocoPhillips reporting. ExxonMobil, Chevron, and ConocoPhillips are each expected to more than double their earnings per share (EPS) from a year ago. Marathon Petroleum's EPS estimate is $25.37, against $4.51 a year earlier. Higher oil prices and a wide "crack spread" on refined products are expected to lift its sales by $13 billion in a year. Investors will watch guidance and capital spending plans closely. BTIG analyst Jonathan Krinsky urges caution. He notes the S&P Refining Index is up nearly 160% in 2026, its best year in at least three decades, and expects "some significant downside reversion." Risks remain from the Iran war and the Strait of Hormuz.
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NT 'safe air' bill passes parliament for Darwin Harbour monitoring. GrynGe 23rd October 2026 New Northern Territory laws allowing an air monitoring scheme around Darwin Harbour have passed parliament, with the government saying the scheme will be operating by the middle of next year. The CLP government's "safe air" bill passed on Thursday. It enables an environmental monitoring scheme to be set up after a toxic emissions scandal involving Inpex and a decades-long methane leak at the Darwin LNG facility involving ConocoPhillips and Santos. What the scheme will measure. Lands, Planning and Environment Minister Joshua Burgoyne said existing air quality stations around Darwin Harbour do not measure volatile organic compound emissions such as benzene, which is cancer-causing. The only current measurements of volatile organic compounds in Darwin are taken by gas companies under their licence conditions. Under the scheme, six new monitoring stations around Darwin Harbour would measure volatile organic compounds. Mr Burgoyne said the scheme would be "in place" by "the middle of next year". "The will give Territorians certainty that the air they breathe is safe," he said. He said the government wanted residents to know that as the harbour is industrialised and companies continue to come to the Northern Territory, development can continue safely. Inpex is being prosecuted by the NT Environment Protection Authority after under-reporting benzene emissions by 13,000 per cent and toluene emissions by 11,000 per cent. Toluene can irritate the eyes, skin and respiratory tract. Who pays and who oversees it. Mr Burgoyne said the scheme would be paid for by industry and that "Territorians will not be paying". The bill itself states that "specified persons or classes of persons" may be required to "make contributions towards all or part of the costs". The scheme will be overseen by the environment department and the NT EPA, Mr Burgoyne said. He said the government was telling companies that want to come to the Territory and put carbon dioxide and other volatile organic compounds into the air that emissions will be monitored. "That we can monitor how much of that is going into the Darwin airshed, so that we can tell whether or not we can continue to industrialise." Criticism over detail left to regulations. Independent MLA Justine Davis said it "beggars belief that a bill with 'safe air' in the title contains no definition of safe air". She said there was no clarity about which toxins would be measured, where monitoring would take place, or what would happen to companies that do the wrong thing. Ms Davis said both Mr Burgoyne and the department had said they were committed to safe air for Territorians and to being transparent about it, making it hard to understand why none of that was spelled out in the bill. She said the detail would be left to departmental regulations, which can be written behind closed doors and changed at a minister's discretion. Ms Davis said the scheme should be governed by laws rather than regulations. She also said the NT Department of Lands, Planning and Environment had revealed that consultation on the scheme had so far only been undertaken with industry. "'Trust us' is not good enough when we are talking about the same industry that under-reported its cancer-linked benzene emissions by 13,000 per cent in 2025." Shadow Environment Minister Manuel Brown said the bill was an opportunity for the government to put "stronger protections in place", such as pollution limits. "But instead it's left the most important details out of the bill," he said. Original source: Abc. Access to the original article may depend on the publisher's paywall or subscription settings.
ConocoPhillips stock: RBC keeps USD 152 target for ConocoPhillips stock. Published on 10/20/2026 at 16:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Second-quarter revenue reached USD 19.16 billion on June 30, 2026. ConocoPhillips stock costs EUR 129.22 on October 20, 2026, down 0.14 percent on NYSE. Analyst target and reporting date. * RBC Capital maintained a Buy rating and a USD 152.00 target on October 14, 2026. * Second-quarter revenue reached USD 19.16 billion and net income was USD 3.93 billion on June 30, 2026. * ConocoPhillips stock costs EUR 129.22 at Lang & Schwarz on October 20, 2026 at 4:06 p.m. CEST, down 0.14 percent on the NYSE. * Third-quarter results are scheduled for November 5, 2026. ConocoPhillips (ISIN US20825C1045) has a USD 152.00 price target from RBC Capital, which maintained its Buy rating in a report released on October 14, 2026, according to Markets Insider. That target is 4.80 percent above the USD 145.04 NYSE price at the latest October 20, 2026 quote. At Lang & Schwarz, the stock was trading at EUR 129.22 on October 20, 2026 at 4:06 p.m. CEST, down 0.14 percent on the NYSE versus the prior close of October 19, 2026. Discover more Track Oil Prices Invest in Stocks Second-quarter earnings set the benchmark. ConocoPhillips reported USD 19.16 billion in revenue and USD 3.93 billion in net income for the second quarter ended June 30, 2026. The comparable figures cited by Markets Insider were USD 14.00 billion in revenue and USD 1.97 billion in net income for the year-earlier quarter. Revenue therefore increased by USD 5.16 billion, while net income rose by USD 1.96 billion. Stock sits 1.50 percent below its high. The NYSE quote stood at USD 145.04 on October 20, 2026 at 10:16 a.m. ET, with 565,047 shares traded. Its 52-week range was USD 85.57 to USD 147.24, placing the stock 1.50 percent below the high. The current price-to-earnings ratio was 19.23, and the annualized dividend yield was 2.00 percent. Results date gives investors a clear marker. ConocoPhillips is scheduled to release third-quarter 2026 financial and operating results before the market opens on November 5, 2026, followed by a conference call at 12:00 p.m. Eastern time. The date was announced in a ConocoPhillips release dated September 24, 2026. Comparison with peers. ConocoPhillips: down 0.14 percent, price-to-earnings ratio 19.23, market capitalization USD 174.2 billion. ExxonMobil (NYSE, USD): down 0.26 percent, price-to-earnings ratio 22.93, market capitalization USD 731.2 billion. Chevron (NYSE, USD): down 0.01 percent, price-to-earnings ratio 21.55, market capitalization USD 443.3 billion. Discover more Track Stock Market Trade Derivatives Nachrichten-Abonnement Target and price levels. RBC Capital's USD 152.00 target leaves a 4.80 percent gap above the latest NYSE price, while the stock is only 1.50 percent below its 52-week high. At Lang & Schwarz, ConocoPhillips was trading at EUR 129.22 on October 20, 2026 at 4:06 p.m. CEST, down 0.14 percent on the NYSE versus the prior close of October 19, 2026. The further course of trading is shown by the continuously updated real-time quote of ConocoPhillips stock. ConocoPhillips market facts. * Company: ConocoPhillips Company * ISIN: US20825C1045 * Ticker: COP * Primary exchange: NYSE * Price Lang & Schwarz as of October 20, 2026, 4:06 p.m. CEST: EUR 129.22 * Change on NYSE versus prior close: minus 0.14 percent * Market capitalization: USD 174.2 billion (as of October 20, 2026) * 52-week range: USD 85.57-147.24 (as of October 20, 2026) * Sector / Industry: Energy / Oil and Gas Exploration and Production * Next earnings date: November 5, 2026 Sponsored Ad Discover more Read Company News Read Economics Conocophillips stock: new analysis - 22 October. Fresh Conocophillips information released. What's the impact for investors? Our latest independent report examines recent figures and market trends. Disclaimer regarding our articles: This is not investment advice, nor is it a recommendation to buy or sell. Information regarding prices, companies, and markets is provided without guarantee; changes may occur at any time. Stock market transactions can result in significant losses. Our articles are created and reviewed, in whole or in part, automatically with the assistance of AI. en | US20825C1045 | CONOCOPHILLIPS | boerse | 70374826 | bgmi
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Houston, TX
Founded
2002
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