ConocoPhillips Reports Q4 Earnings Drop, Revenue Steady (COP, 2026-02-05)

ConocoPhillips (COP) reported a 12% year-over-year decline in Q4 net income to $1.2B on February 5, 2026, amid lower oil prices and higher production costs. Quarterly revenue remained stable at $22.5B. The company attributed the drop to reduced realized prices and unplanned maintenance costs. Guidance for 2026 reflects a 5% revenue growth outlook, with capital expenditures expected to remain around $10B.