ConocoPhillips Lowers 2026 Production Outlook Amid Middle East Uncertainty, Reports Strong Earnings

ConocoPhillips reduced its full-year production outlook for 2026 due to uncertainty from the Middle East conflict, despite reporting first-quarter earnings that exceeded analyst expectations. The company's adjusted earnings per share of $1.89 surpassed the $1.68 estimate, driven by cost reductions and share repurchases.

By Cris Tolomia Thu, April 30, 2026 at 4:24 PM GMT+3 2 min read · Yahoo Finance · April 30, 2026, 13:24 UTC

Tickers: $COP

Topics: ConocoPhillips Earnings Middle East Conflict Impact Oil and Gas Production Outlook

Read the full article at Yahoo Finance

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