ConocoPhillips sets Q4 2025 earnings release as oil prices slide
Fourth-quarter results and 2026 guidance come amid weaker crude prices
ConocoPhillips will release its fourth-quarter 2025 earnings in early February, a report that could reflect the impact of lower crude oil prices late in the year after West Texas Intermediate (WTI) fell below $60 per barrel.
The Houston-based energy producer said its Q4 2025 financial results will be released before the market opens Thursday, Feb. 5, 2026. Company executives will then host a conference call at 11 a.m. Central Time, during which they will also outline 2026 capital, production, and cost guidance.
Investors and analysts will be watching closely to see how softer oil prices late in 2025 affected earnings after the company delivered solid operational and financial performance earlier in the year.
How to access the earnings webcast
ConocoPhillips said the earnings webcast will be available through its Investor Relations website at www.conocophillips.com/investor. Participants are encouraged to register at least 15 minutes prior to the start of the call by clicking the “Register” link in the Investor Presentations section.
The webcast will be archived and available for replay later the same day, with a transcript posted the following day.
Strong third-quarter results set the stage
The earnings release follows a strong third quarter of 2025, which the company reported in early November. ConocoPhillips posted third-quarter earnings of $1.7 billion, or $1.38 per share, compared with $2.1 billion, or $1.76 per share, in the same quarter of 2024.
Excluding special items, adjusted earnings totaled $2.0 billion, or $1.61 per share, versus $2.1 billion, or $1.78 per share, a year earlier. The company said special items during the quarter were primarily related to restructuring costs.
Despite the year-over-year decline, company leadership emphasized higher production levels and lower operating costs.
Management outlook for 2026
When announcing third-quarter results, Ryan Lance, chairman and chief executive officer, said the company continued to execute well operationally while positioning itself for disciplined growth.
“ConocoPhillips again demonstrated strong operational and financial performance in the third quarter, resulting in higher production and reduced operating cost guidance for 2025,” Lance said. “We increased our base dividend by 8%, consistent with our goal to provide top quartile dividend growth in the S&P 500.”
Looking ahead, Lance said the company expects lower capital and operating costs in 2026, with flat to modest production growth. The company also updated major project costs, including Willow total project capital of $8.5 to $9 billion and total LNG project capital reduced to $3.4 billion.
“Powered by our deep, durable and diverse portfolio, we remain on track to deliver an expected $7 billion in incremental free cash flow by 2029,” Lance said.