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CONOCOPHILLIPSCOP

Sector
Energy
Industry
Petroleum Refining
Exchange
NYSE

Stock Price $COP

Latest filings

You are here#3 of 25 in Energy by market cap

Filing record · 2016–202610-K1110-Q338-K108

COP filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 108 current reports (8-K) between 2016 and 2026.

  1. Impairment8-K · Jun ’17Jun ’17
  2. FY2018 annual report10-K · Feb ’19Feb ’19
  3. Deal closed8-K · Dec ’21Dec ’21
  4. Leadership change8-K · Jul ’25Jul ’25

01—Key figures

Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  19. $58.94B
YoY changeLargest recent move+144.0%in FY21Latest +7.7%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

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All COP Financial Metrics59 metrics

Income Statement16

Balance Sheet25

Cash Flow13

Per Share5

02—Overview

CONOCOPHILLIPS Financial Overview 2021–2025

Updated Jul 10, 2026

In FY2025, ConocoPhillips distributed 46% of its operating cash flow directly to shareholders, returning $9.0 billiona in a single year. This capital discipline underscores the company's core investment thesis: aggressive, scale-building acquisitions can be successfully converted into sustained cash generation across volatile commodity cycles. Driven by the integrations of Concho Resources, Shell’s Permian assets, and the $22.5 billion Marathon Oil merger, total daily production grew from 1,567 MBOED in FY2021 to 2,375 MBOED in FY2025.

The operational leverage from this expanded footprint is evident in the underlying financials. Despite fluctuating oil prices, ConocoPhillips generated $19.8 billionb in cash from operations during FY2025, supported by over $1 billion in run-rate synergies realized from the Marathon Oil integration. Management actively optimized this portfolio, completing $3.2 billion in noncore asset divestitures over the same year. This cash-flow generation funded an 8% increase in the ordinary dividend. The market has weighed this M&A-driven growth against broader commodity swings; after posting an earnings per share of $7.81 in FY2024, the stock traded at $93.61 at the close of FY2025.

Recent Developments (Q4 2025 and Q1 2026)

In Q1 2026, net income fell to $2.18 billionc from $2.85 billion in Q1 2025, pressured by lower commodity prices and declining sales volumes. Operating cash flow dropped to $4.3 billion, down from $6.1 billion in the prior year. Total quarterly production contracted to 2,309 MBOED compared to 2,389 MBOED a year earlier, reflecting natural field declines and geopolitical constraints in Qatar. Despite these headwinds, the company funded $2.9 billion in capital expenditures and returned $2.0 billion to shareholders. General Counsel Kelly B. Rose also announced her retirement effective September 1, 2026.

Bulls argue that targeting an additional $1.0 billiond in run-rate cost reductions by late 2026 will effectively insulate profitability against softer energy markets. Bears warn that Middle East bottlenecks and field declines could persist, dragging down future cash generation. The stock traded at 16.1x earnings as of April 30, 2026, reflecting a moderate valuation relative to recent operational challenges.

What to watch: Geopolitical impacts on Qatari production volumes; progress toward the remaining asset disposition targets.

03—Filings

Recent SEC Filings

  1. 8-KCONOCOPHILLIPS 8-K Report, Executive Changes (Aug 11, 2026)ConocoPhillips (COP) announced significant executive leadership changes, effective September 1, 2026, detailed in this Form 8-K filing. The most notable change is the transition of current CEO Ryan M. Lance to Executive Chair of the Board, while Andrew (Andy) M. O’Brien, previously Executive Vice President, Strategy, Commercial and Chief Financial Officer, will assume the roles of President and Chief Executive Officer, and join the Board. This represents a planned succession and a shift in leadership responsibilities within the company's top executive ranks.
  2. 8-KCONOCOPHILLIPS 8-K Report, Financial Results (Aug 6, 2026)ConocoPhillips (COP) filed an 8-K on August 6, 2026, primarily announcing its financial and operating results for the second quarter of 2026. The key takeaway for investors is that the company has released its performance data, which is detailed in an accompanying press release (Exhibit 99.1) and supplemental financial information (Exhibit 99.2). Investors should carefully review these attached exhibits to understand the company's revenue, earnings, production levels, capital expenditures, and any forward-looking guidance for the remainder of 2026. This filing provides the most current official update on COP's operational and financial standing, crucial for assessing the company's trajectory and making informed investment decisions.
  3. 8-KCONOCOPHILLIPS 8-K Report, Executive Changes (Jun 23, 2026)ConocoPhillips (COP) announced a significant leadership transition on June 23, 2026, via an 8-K filing. Kelly B. Rose, the company's Senior Vice President, Legal, General Counsel, and Corporate Secretary, has informed the company of her decision to retire. Her retirement will be effective September 1, 2026. This announcement marks the departure of a key executive who has held a critical role in the company's legal and corporate governance functions. While a specific replacement has not yet been named, investors will be keenly awaiting this information. The timing of the succession and the qualifications of the new appointee will be important factors for the market to assess the continuity of ConocoPhillips' legal and corporate strategies.
  4. 8-KCONOCOPHILLIPS 8-K Report, Shareholder Vote Results (May 14, 2026)This 8-K filing reports on the outcomes of ConocoPhillips' (COP) annual meeting of stockholders held on May 12, 2026. All key proposals presented to shareholders received majority approval. Notably, all 13 nominated directors were elected to serve one-year terms, indicating strong shareholder confidence in the current board's leadership and governance. The appointment of Ernst & Young LLP as the independent registered public accounting firm for 2026 was also overwhelmingly ratified, reinforcing the company's commitment to robust financial oversight. Furthermore, shareholders provided an advisory vote of approval for the compensation of the company's Named Executive Officers, suggesting alignment between executive pay and shareholder interests. However, a shareholder proposal to separate the roles of Chairman and CEO was not approved. This indicates that a majority of voting shares (excluding broker non-votes) did not support this specific governance change at this time.
  5. 8-KCONOCOPHILLIPS 8-K Report, Financial Results (Apr 30, 2026)ConocoPhillips filed an 8-K on April 30, 2026, to report its financial and operating results for the first quarter ended March 31, 2026. The filing primarily incorporates by reference a press release (Exhibit 99.1) and supplemental financial information (Exhibit 99.2) that detail the company's performance. Investors should refer to these exhibits for the specific financial metrics and operational details for the quarter.
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04—See also

Related Companies

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