Financials ConocoPhillips

Stocks

COP

US20825C1045

Oil & Gas Exploration and Production

Market Closed - NYSE 16:00:02 2026-09-11 EDT			Pre-market 07:18:51
137.35 ^USD	+0.23%		140.86	+2.56%

09-11	European Stocks Close Higher in Friday Trading as Oil Prices Drop; UK GDP Expands More Than Expected	MT
09-11	Norway's Energy Ministry Expects to Issue Continental Shelf Drilling Licenses by Early 2027	MT

Projected Income Statement: ConocoPhillips

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	48,349	82,156	58,574	56,953	61,548	72,569	67,086	66,901
Change	-	69.92%	-28.7%	-2.77%	8.07%	17.91%	-7.56%	-0.28%
EBITDA ¹	21,698	36,675	25,727	24,409	25,426	32,122	29,319	30,648
Change	-	69.02%	-29.85%	-5.12%	4.17%	26.34%	-8.73%	4.54%
EBIT ¹	14,490	29,171	17,457	14,810	13,926	20,706	18,055	18,515
Change	-	101.32%	-40.16%	-15.16%	-5.97%	48.68%	-12.8%	2.55%
Interest Paid ¹	-884	-805	-780	-783	-855	-753.4	-755.4	-743.4
Earnings before Tax (EBT) ¹	12,712	28,228	16,288	13,672	12,656	19,715	17,107	18,011
Change	-	122.06%	-42.3%	-16.06%	-7.43%	55.78%	-13.23%	5.28%
Net income ¹	8,079	18,680	10,957	9,245	7,988	12,894	10,996	10,897
Change	-	131.22%	-41.34%	-15.62%	-13.6%	61.42%	-14.72%	-0.9%
Announcement Date	2/3/22	2/2/23	2/8/24	2/6/25	2/5/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1	2028 Q2
Net sales ¹	11,616	15,963	19,291	21,989	21,614	19,262	15,517	12,884	14,866	15,307	14,476	14,136	13,604	14,737	17,101	14,740	15,522	14,185	16,054	19,522	18,589	18,325	17,139	16,658	16,499	16,517	-	-
Change	-	37.42%	20.85%	13.99%	-1.71%	-10.88%	-19.44%	-16.97%	15.38%	2.97%	-5.43%	-2.35%	-3.76%	8.33%	16.04%	-13.81%	5.31%	-8.61%	13.18%	21.6%	-4.78%	-1.42%	-6.47%	-2.81%	-0.95%	0.11%	-	-
EBITDA ¹	5,435	7,117	10,025	9,669	9,480	7,501	6,737	5,605	6,534	6,882	6,278	6,314	5,866	5,943	7,542	6,180	6,166	5,538	6,583	9,323	8,025	8,179	7,446	7,261	7,631	7,751	7,942	7,841
Change	-	30.95%	40.86%	-3.55%	-1.95%	-20.88%	-10.19%	-16.8%	16.57%	5.33%	-8.78%	0.57%	-7.1%	1.31%	26.91%	-18.06%	-0.23%	-10.18%	18.87%	41.62%	-13.92%	1.91%	-8.97%	-2.48%	5.09%	1.57%	2.46%	-1.27%
EBIT ¹	3,763	5,334	8,202	7,929	7,608	5,502	4,795	3,595	4,439	4,659	4,526	3,980	3,476	3,279	4,796	3,342	3,249	2,539	3,677	6,340	4,897	5,147	4,602	4,521	4,514	4,522	4,626	4,686
Change	-	41.75%	53.77%	-3.33%	-4.05%	-27.68%	-12.85%	-25.03%	23.48%	4.96%	-2.85%	-12.06%	-12.66%	-5.67%	46.26%	-30.32%	-2.78%	-21.85%	44.82%	72.42%	-22.75%	5.1%	-10.6%	-1.75%	-0.15%	0.17%	2.31%	1.29%
Charge d'intérêts ¹	-219	-219	-217	-211	-199	-178	-188	-179	-194	-219	-205	-198	-189	-191	-205	-232	-223	-195	-198	-182	-189.1	-189.1	-186.1	-186.6	-187.1	-187.1	-175	-175
Earnings before Tax (EBT) ¹	3,582	4,336	7,898	7,655	7,440	5,235	4,562	3,362	4,100	4,264	3,808	3,659	3,235	2,970	4,466	3,017	2,928	2,245	3,363	6,082	4,756	4,810	4,298	4,190	4,257	4,290	4,680	4,608
Change	-	21.05%	82.15%	-3.08%	-2.81%	-29.64%	-12.86%	-26.3%	21.95%	4%	-10.69%	-3.91%	-11.59%	-8.19%	50.37%	-32.45%	-2.95%	-23.33%	49.8%	80.85%	-21.8%	1.14%	-10.64%	-2.52%	1.6%	0.78%	9.09%	-1.54%
Net income ¹	2,379	2,627	5,759	5,145	4,527	3,249	2,920	2,232	2,798	3,007	2,551	2,329	2,059	2,306	2,849	1,971	1,726	1,442	2,183	3,931	3,294	3,193	2,858	2,687	2,677	2,666	2,862	2,874
Change	-	10.42%	119.22%	-10.66%	-12.01%	-28.23%	-10.13%	-23.56%	25.36%	7.47%	-15.16%	-8.7%	-11.59%	12%	23.55%	-30.82%	-12.43%	-16.45%	51.39%	80.07%	-16.21%	-3.06%	-10.49%	-5.98%	-0.39%	-0.39%	7.34%	0.44%
Announcement Date	11/2/21	2/3/22	5/5/22	8/4/22	11/3/22	2/2/23	5/4/23	8/3/23	11/2/23	2/8/24	5/2/24	8/1/24	10/31/24	2/6/25	5/8/25	8/7/25	11/6/25	2/5/26	4/30/26	8/6/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: ConocoPhillips

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	14,460	7,400	12,331	18,210	16,463	14,148	13,397	10,593
Change	-	-48.82%	66.64%	47.68%	-9.59%	-14.06%	-5.31%	-20.93%
Announcement Date	2/3/22	2/2/23	2/8/24	2/6/25	2/5/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: ConocoPhillips

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	5,324	10,159	11,248	12,118	12,553	12,195	12,043	11,976
Change	-	90.82%	10.72%	7.73%	3.59%	-2.85%	-1.25%	-0.56%
Free Cash Flow (FCF) ¹	10,401	18,155	8,717	8,006	7,243	13,374	11,868	12,119
Change	-	74.55%	-51.99%	-8.16%	-9.53%	84.65%	-11.26%	2.11%
Announcement Date	2/3/22	2/2/23	2/8/24	2/6/25	2/5/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: ConocoPhillips

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	44.88%	44.64%	43.92%	42.86%	41.31%	44.26%	43.7%	45.81%
EBIT Margin (%)	29.97%	35.51%	29.8%	26%	22.63%	28.53%	26.91%	27.68%
EBT Margin (%)	26.29%	34.36%	27.81%	24.01%	20.56%	27.17%	25.5%	26.92%
Net margin (%)	16.71%	22.74%	18.71%	16.23%	12.98%	17.77%	16.39%	16.29%
FCF margin (%)	21.51%	22.1%	14.88%	14.06%	11.77%	18.43%	17.69%	18.11%
FCF / Net Income (%)	128.74%	97.19%	79.56%	86.6%	90.67%	103.72%	107.93%	111.21%
Profitability
ROA	10.44%	18.8%	11.55%	8.45%	6.53%	-	-	-
ROE	21.26%	37.13%	21.82%	16.21%	12.36%	18.38%	15.98%	16.27%
Financial Health
Leverage (Debt/EBITDA)	0.67x	0.2x	0.48x	0.75x	0.65x	0.44x	0.46x	0.35x
Debt / Free cash flow	1.39x	0.41x	1.41x	2.27x	2.27x	1.06x	1.13x	0.87x
Capital Intensity
CAPEX / Current Assets (%)	11.01%	12.37%	19.2%	21.28%	20.4%	16.8%	17.95%	17.9%
CAPEX / EBITDA (%)	24.54%	27.7%	43.72%	49.65%	49.37%	37.96%	41.08%	39.07%
CAPEX / FCF (%)	51.19%	55.96%	129.04%	151.36%	173.31%	91.18%	101.48%	98.82%
Items per share
Cash flow per share ¹	12.8	22.15	17.24	16.9	15.79	21.03	21.08	22.01
Change	-	73.11%	-22.19%	-1.96%	-6.54%	33.14%	0.28%	4.4%
Dividend per Share ¹	1.75	1.89	2.11	2.52	3.18	3.397	3.566	3.701
Change	-	8%	11.64%	19.43%	26.19%	6.82%	4.96%	3.8%
Book Value Per Share ¹	34.87	39.22	41.83	50.79	51.45	55.89	58.26	61.03
Change	-	12.49%	6.64%	21.41%	1.3%	8.64%	4.24%	4.75%
EPS ¹	6.07	14.57	9.46	7.81	6.35	10.59	9.388	9.711
Change	-	140.03%	-35.07%	-17.44%	-18.69%	66.75%	-11.34%	3.44%
Nbr of stocks (in thousands)	1,318,947	1,246,071	1,187,408	1,293,562	1,235,718	1,201,337	1,201,337	1,201,337
Announcement Date	2/3/22	2/2/23	2/8/24	2/6/25	2/5/26	-	-	-