ConocoPhillips Reports Lower Q1 Earnings Amid Reduced Output
ConocoPhillips reported first-quarter earnings of $2.2 billion for 2026, down from $2.8 billion in the same period last year due to lower production and weaker realized prices. Production fell to 2.309 MMboe/d, partly impacted by downtime linked to Middle East conflicts.
Tickers: $COP
Topics: dividends earnings geopolitical_risk oil production