ConocoPhillips Reports Strong Q1 Earnings but Cuts Full-Year Production Outlook

ConocoPhillips (NYSE:COP) reported first-quarter 2026 earnings that exceeded analyst expectations, but shares fell over 2% in premarket trading after the company reduced its full-year production forecast due to disruptions in its Qatar operations. The company's adjusted earnings per share were $1.89, compared to a consensus estimate of $1.66.

By Fiona Craig Thu, April 30, 2026 at 5:29 PM GMT+3 3 min read · Yahoo Finance · April 30, 2026, 14:29 UTC

Tickers: $COP

Topics: Capital Expenditures Dividends Earnings Oil Prices Production Outlook Stock Price Movement

Read the full article at Yahoo Finance

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