ConocoPhillips signs LNG deal as ConocoPhillips stock trades EUR 114.09 versus EUR 113.76
Published on 10/06/2026 at 11:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ConocoPhillips (ISIN US20825C1045) was trading at EUR 114.09 at Lang & Schwarz on October 6, 2026 at 11:20 a.m. CEST, versus the prior close of EUR 113.76. On October 1, 2026, Reuters reported that ConocoPhillips signed a 20-year LNG supply agreement with Venture Global for 1.00 million tonnes per year starting in 2030.
LNG deal extends through 2030
The agreement gives ConocoPhillips a long-term LNG purchase commitment rather than a near-term production milestone. Deliveries are scheduled to begin in 2030, adding contracted supply to the company's global LNG portfolio.
Venture Global said on October 1, 2026, that the sales and purchase agreement covers 1.00 million tonnes per annum for 20 years. The structure gives investors a concrete measure of ConocoPhillips' future LNG exposure, while the long start date leaves execution and commodity conditions as key variables.
Second-quarter earnings provide scale
ConocoPhillips reported USD 19.40 billion of revenue in the second quarter of 2026, up 36.00 percent from the second quarter of 2025, according to Simply Wall St. Net income reached USD 3.92 billion, up 100.00 percent year over year, while earnings per share rose to USD 3.23 from USD 1.56.
The comparison shows why the LNG agreement is being judged against a stronger earnings base: second-quarter revenue expanded by USD 5.20 billion from the prior-year period, and net income increased by USD 1.96 billion. Revenue still lagged analyst estimates by 1.40 percent, while earnings per share exceeded estimates by 6.10 percent, according to Simply Wall St.
Next results arrive November 5
ConocoPhillips has scheduled its third-quarter 2026 results for November 5, 2026, before the US market opens, with a conference call at 12:00 p.m. Eastern time, according to ConocoPhillips. That date will provide the next reported test of production, cash generation and the company's expanding LNG commitments.
Stock holds above prior close
ConocoPhillips stock was trading at EUR 114.09 at Lang & Schwarz on October 6, 2026 at 11:20 a.m. CEST, up 0.29 percent versus the Lang & Schwarz prior close of EUR 113.76. The company trades on the NYSE under ticker COP, and the latest US-market quote available for October 5, 2026 was USD 128.40.
The further course of trading is shown by the continuously updated real-time quote of ConocoPhillips stock.
ConocoPhillips stock facts
- Company: ConocoPhillips Company
- ISIN: US20825C1045
- WKN: 575302
- Ticker: COP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 11:20 a.m. CEST): EUR 114.09
- Change versus prior close: plus 0.29 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 113.76
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 5, 2026
