ConocoPhillips Q3 adjusted EPS $3.27, beating $2.97 estimate

Cointime reports: ConocoPhillips reported third-quarter adjusted earnings per share of $3.27, topping the $2.97 market estimate, with adjusted net income of $3.9 billion versus $3.538 billion expected. Cash and investments stood at $10.4 billion, and the company kept its full-year capital expenditure and adjusted operating cost guidance unchanged. It guided fourth-quarter 2026 production to 2.32–2.36 million barrels of oil equivalent per day, and the stock rose more than 1% in premarket trading.