Stock research

ConocoPhillips (COP) Stock Research

ConocoPhillips is one of the largest independent oil and gas exploration and production companies, focused on the upstream business.

For the fiscal year ended December 31, 2025, ConocoPhillips reported revenue of $58.9B and net income of $8.0B, with operating cash flow of $19.8B. Source: Form 10-K filed February 17, 2026

SEC data as of

Revenue
$58.9B
FY ending 2025-12-31
Net income
$8.0B
FY ending 2025-12-31
Diluted EPS
$6.35
Net margin
13.6%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

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About ConocoPhillips

It holds a deep inventory of low-cost US shale drilling locations.

Exchange
NYSE: COP
Sector
Energy
SEC industry
Petroleum Refining (SIC 2911)
Fiscal year end
December 31
Headquarters
Houston, Texas
Founded
1917

COP key financials

Reported figures from ConocoPhillips's filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$58.9B2025-01-01 – 2025-12-31SEC filing
Net income$8.0B2025-01-01 – 2025-12-31SEC filing
Operating cash flow$19.8B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$6.352025-01-01 – 2025-12-31SEC filing
Net margin13.6%2025-01-01 – 2025-12-31SEC filing
Shares outstanding1.22BAs of 2026-01-31SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in COP

ConocoPhillips sits in Energy. Oil and gas producers, refiners, and services — cash-flow machines when commodity prices are high, and a hedge against inflation and conflict. We have not yet written company-specific drivers for COP; the forces that matter most for the sector are:

  • ◆Crude and natural-gas prices
  • ◆OPEC+ supply decisions
  • ◆Geopolitics and supply disruptions
  • ◆Capital discipline and shareholder returns

Key questions for the COP thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does COP's reported profit turn into cash?

Operating cash flow was $19.8B, 2.48 times net income of $8.0B, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 17, 2026

How much of COP's revenue is left as profit?

Net income was 13.6% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 17, 2026

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Congressional trading in COP

PoliticianTrade dateTypeOwnerAmountSource
Gilbert Cisneros2026-02-10PurchaseSelf$1,001 - $15,000Filing #20034144
Gilbert Cisneros2026-01-09SaleSelf$1,001 - $15,000Filing #20033983
Gilbert Cisneros2026-01-07SaleSelf$15,001 - $50,000Filing #20033983
Julie Johnson2025-12-18SaleJoint$1,001 - $15,000Filing #20033789
Julie Johnson2025-11-13SaleJoint$1,001 - $15,000Filing #20033611
Lisa McClain2025-10-31SaleSpouse$1,001 - $15,000Filing #20033446
Lisa McClain2025-10-30SaleSpouse$1,001 - $15,000Filing #20033446
Lisa McClain2025-10-30PurchaseSpouse$1,001 - $15,000Filing #20033446
Valerie Hoyle2025-09-23SaleSpouse$1,001 - $15,000Filing #20032211
Dan Newhouse2025-08-18PurchaseSpouse$1,001 - $15,000Filing #20032091

All verified COP congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

COP — frequently asked questions

What does ConocoPhillips do?

ConocoPhillips is one of the largest independent oil and gas exploration and production companies, focused on the upstream business.

What were COP's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, ConocoPhillips reported revenue of $58.9B and net income of $8.0B, with operating cash flow of $19.8B. The figures come from ConocoPhillips's SEC XBRL filings.

When does ConocoPhillips's fiscal year end?

The SEC lists ConocoPhillips's fiscal year end as December 31.

Do members of Congress trade COP?

The current verified House and Senate snapshot contains 26 transaction rows for COP, each linked to the original filing.

Where is ConocoPhillips headquartered?

ConocoPhillips is headquartered in Houston, Texas and was founded in 1917.

Is COP a good investment?

This page does not rate COP as a buy or sell. It sets out what ConocoPhillips reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the COP numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included