ConocoPhillips (COP) reported fourth-quarter adjusted earnings per share of $0.76, compared to $1.13, prior year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit per share of $0.80, for the quarter. Analysts' estimates typically exclude special items. Adjusted earnings were $0.8 billion, compared to $1.3 billion, prior year. Fourth-quarter adjusted earnings were lower due to lower realized prices and volumes. Total realized price was $47.01 per BOE, 11 percent lower than a year ago, reflecting lower marker prices.
Fourth-quarter total revenues and other income declined year-on-year to $8.14 billion from $10.36 billion, prior year. Analysts expected revenue of $7.67 billion for the quarter. Sales and other operating revenues were $7.71 billion compared to $9.67 billion, previous year.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.