ConocoPhillips weighed Norway sale and ConocoPhillips stock costs EUR 125.76
Published on 10/14/2026 at 09:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPortfolio review and earnings date
- Capital One Securities estimated the Norway and Teesside assets at USD 7.00 billion on October 1, 2026.
- ConocoPhillips reported USD 19.52 billion in second-quarter revenue on August 6, 2026.
- ConocoPhillips stock trades at EUR 125.76 at 9:09 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.66 percent above the Xetra close of October 13, 2026.
ConocoPhillips (ISIN US20825C1045) was evaluating a potential sale of its Norway business and Teesside asset on October 1, 2026, while ConocoPhillips stock was trading at EUR 125.76 at Lang & Schwarz on October 14, 2026 at 9:09 a.m. CEST. The current euro price stood 0.66 percent above the Xetra close of October 13, 2026 at EUR 124.94.
Portfolio review carries a USD 7 billion estimate
ConocoPhillips said on October 1, 2026 that it was reviewing a possible sale after receiving an unsolicited offer. The company said it would retain the assets if the offer failed to meet its value expectations.
World Energy News reported on October 13, 2026 that Capital One Securities estimated the combined value of the Norway business and Teesside Terminal at USD 7.00 billion, equal to 4.00 percent of ConocoPhillips enterprise value. The buyer and offer terms were not disclosed in the report.
What does the review change?
The possible divestment would give ConocoPhillips a portfolio-optimization angle ahead of its next results, but the company has not committed to a transaction. Teesside processes and exports natural gas liquids and crude oil from the Norwegian North Sea, giving the assets an operational link beyond a simple regional sale.
Second-quarter figures set the baseline
MarketBeat reported that ConocoPhillips posted USD 19.52 billion in revenue and USD 3.24 in earnings per share for the second quarter of 2026, compared with USD 18.79 billion of consensus revenue and USD 2.90 of consensus earnings per share. Revenue was up 32.40 percent year over year, while earnings per share exceeded consensus by USD 0.34.
Three dated developments
On August 6, 2026, ConocoPhillips reported second-quarter revenue of USD 19.52 billion. On October 1, 2026, it disclosed the potential Norway and Teesside sale after an unsolicited offer. On October 2, 2026, the company guidance update set full-year 2026 production guidance at 2.295-2.325 million barrels of oil equivalent per day, according to Quartr.
Next reporting date is November 5
ConocoPhillips lists its third-quarter 2026 earnings conference call for November 5, 2026. The date gives investors a defined checkpoint for production, portfolio decisions and the effect of commodity prices on cash generation.
Stock trades above the Xetra close
At Lang & Schwarz, ConocoPhillips stock was trading at EUR 125.76 on October 14, 2026 at 9:09 a.m. CEST, 0.66 percent above the Xetra close of October 13, 2026 at EUR 124.94. The primary listing is on the NYSE, where the stock was last quoted at USD 140.90 on October 13, 2026 at 4:00 p.m. EDT.
The further course of trading is shown by the continuously updated real-time quote of ConocoPhillips stock.
ConocoPhillips stock facts
- Company: ConocoPhillips
- ISIN: US20825C1045
- Ticker: COP
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 14, 2026, 9:09 a.m. CEST): EUR 125.76
- Change versus Xetra close: plus 0.66 percent
- Xetra close (October 13, 2026): EUR 124.94
- Market capitalization: USD 171.7 billion (as of October 13, 2026)
- 52-week range: USD 85.57-141.62 (as of October 13, 2026)
- Sector / Industry: Energy / Oil and gas exploration and production
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
