ConocoPhillips (COP) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.27
- Estimate
- $3.05
- Surprise
- +7.3%
- Revenue (period 2026-09-30)
- $17.20B
- Score today
- 6.5/10
Revenue source: xbrl.
How the report landed
ConocoPhillips (COP) beat the $3.05 estimate with adjusted EPS of $3.27 — a clear 7.3% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates COP Hold at 6.5/10; no pre/post engine snapshot brackets this report.
3 of the last 4 quarters beat the estimate; this quarter's +7.3% surprise compares with a +5.1% four-quarter average.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (3/4)
What argues against it
- Analyst target reached - limited upside remaining
- Negative momentum
- Target reached (-1.2% upside)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $138.11
- Stop
- $130.16
At 14.3× trailing and 12.4× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
COP at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas E&P
- Market cap
- $162.73B
- P/E (fwd)
- 12.4
- P/E (ttm)
- 14.3
- 52-week range
- $85.57–$154.28
- Off 52-week high
- 10.5%
- RSI (14)
- 40
- Volume vs avg
- 0.37×
- Score today
- 6.5/10