ConocoPhillips (COP)财务
NYSE · Energy · Oil & Gas Exploration & Production · 员工9,600人 · CEO Andrew O'Brien
- 股价
- $154.03 +2.67%
- 市值
- $1850亿
- 企业价值
- $2020亿
- 最近财报
- Q2 '26 2026-08-06提交
- 下次财报
- 2026-11-05 EPS预期 $3.05
营收(TTM)$633亿+9.6% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)21.9%-0.1 百分点 对比去年同期营业利润 $139亿
净利润(TTM)$92.8亿+1.1% 对比去年同期税后,含营业外收益
自由现金流(TTM)$101亿+45.4% 对比去年同期资本支出 $119亿
稀释EPS(TTM)$7.55+1.3% 对比去年同期最近4个季度之和
净现金-$156亿+14.2% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $1850亿 EV $2020亿
- 营收
- $633亿 过去12个月
- 营收增速
- +25% FY2026年一致预期
- 净利润率
- 14.7% 净利润 / 营收,TTM
- P/E
- 20.4× 预期 13.5×(FY2026)
- P/S
- 2.9× 股价 / 营收,TTM
- EV / EBITDA
- 7.3× TTM
- 自由现金流
- $101亿 过去12个月
- 净利润
- $92.8亿 过去12个月
- 营收预期
- $735亿 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $186亿
- 股息
- $3.36 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-06):营收超预期3.9%,EPS 超预期11.7%营收$195亿,预期$188亿(+3.9%);EPS $3.24,预期$2.90(+11.7%)。
- 营收增长加速:同比36.8%Q2 '26营收$192亿,此前四个季度的平均值为1.9%。
- 营业利润率21.9%(TTM),较去年同期-0.1 百分点营收增长9.6%,营业利润增长9.3%。
- 资本支出占营收的18.7%(去年为22.3%)最近4个季度投入$119亿(同比-8.0%)。自由现金流$101亿,相当于净利润的108.4%。
- 股东回报$94.6亿 = 自由现金流的94.0%回购$53.9亿(去年为$58.9亿),股息$40.7亿,股权激励$0(TTM)。
- 稀释股数一年内减少3.6%Q2 '26稀释股数12.1亿,一年前为12.6亿。
- 净债务 $156亿现金 + 短期投资 $76.9亿,含租赁债务 $233亿;一年前净债务 $182亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $192亿 | $140亿 | +36.8% |
| 毛利率 | 36.7% | 25.1% | +11.7 百分点 |
| 营业利润 | $59.8亿 | $26.1亿 | +129.4% |
| 营业利润率 | 31.2% | 18.6% | +12.6 百分点 |
| 净利润 | $39.3亿 | $19.7亿 | +99.4% |
| 稀释EPS | $3.23 | $1.56 | +107.1% |
| 经营现金流 | $74.3亿 | $34.9亿 | +113.3% |
| 资本支出 | $30.2亿 | $32.9亿 | -8.0% |
| 自由现金流 | $44.1亿 | $1.99亿 | +2,116.1% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $0 | $0 | – |
实际 vs 一致预期
2026-08-06| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $195亿 | $188亿 | +3.9% |
| EPS(一致预期口径) | $3.24 | $2.90 | +11.7% |
来自2026-08-06发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Crude oil product line | $143亿 | +49.8% | 74.5% | $432亿 | +8.9% | |
| Natural Gas Product Line | $11.5亿 | -40.5% | 6.0% | $77.5亿 | -5.0% | |
| Other Products | $26.2亿 | +63.2% | 13.7% | $86.1亿 | +34.3% | |
| Natural Gas Liquids | $11.2亿 | +19.1% | 5.8% | $37.5亿 | +6.0% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Lower 48 | $130亿 | +17.0% | 65.9% | $413亿 | -47.2% | |
| CANADA | $19.3亿 | +159.4% | 9.7% | $75.1亿 | +30.5% | |
| NORWAY | – | – | – | – | – | |
| Europe | $22.8亿 | – | 11.5% | – | – | |
| Alaska Segment | $18.7亿 | – | 9.5% | – | – | |
| United Kingdom | – | – | – | – | – | |
| Libya | – | – | – | – | – | |
| CHINA | – | – | – | – | – | |
| MALAYSIA | – | – | – | – | – | |
| Asia Pacific and Middle East | $6.74亿 | – | 3.4% | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $219亿
- 资本支出
- -$119亿
- 股票回购
- -$53.9亿
- 股息
- -$40.7亿
- 收购
- $9.1亿
- 债务净发行
- -$2.82亿
- 股权激励费用
- $0
- 自由现金流
- $101亿
- 股东回报 / FCF
- 94.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 20.4× | 12.0× | 8.1× – 14.7× |
| EV / EBITDA | 7.3× | 5.3× | 4.4× – 6.0× |
| EV / 营收 | 3.2× | 2.4× | 2.1× – 2.7× |
| 股价 / FCF | 18.4× | 12.7× | 8.2× – 16.2× |
| 股价 / 净资产 | 2.9× | 2.3× | 1.8× – 3.1× |
| FCF收益率 | 5.4% | 8.7% | 6.2% – 12.2% |
| 投入资本回报率 | 7.9% | 11.2% | 6.4% – 20.7% |
| 净资产收益率 | 14.3% | 21.1% | 12.4% – 38.9% |
分析师
一致目标价 $156.62 (+1.7%)
区间 $130.00 – $189.00 · 评级 Buy
强烈买入1
买入38
持有10
卖出3
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $735亿 | +24.7% | $11.44 | +80.2% | 13.5× | 16 |
| FY2027 | $685亿 | -6.8% | $10.53 | -8.0% | 14.6× | 18 |
| FY2028 | $672亿 | -1.9% | $10.07 | -4.4% | 15.3× | 12 |
| FY2029 | $731亿 | +8.7% | $11.04 | +9.7% | 14.0× | 9 |
| FY2030 | $756亿 | +3.4% | $12.10 | +9.6% | 12.7× | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
ConocoPhillips在近期10-Q / 10-K文件中标记的全部319项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts and Financing Receivable, after Allowance for Credit Loss | $69.6亿 | $57亿 | +22.0% | $58.1亿 | $67亿 | -13.2% |
| Accounts Payable, Current | $67.6亿 | $65.2亿 | +3.8% | $62.2亿 | $60.4亿 | +2.9% |
| Accounts Receivable, after Allowance for Credit Loss | $57.9亿 | $45.4亿 | +27.7% | $44.2亿 | $54亿 | -18.2% |
| Accounts Receivable, after Allowance for Credit Loss, Noncurrent | $1.1亿2025-12-31 | $1.13亿 | -2.7% | $1.1亿 | $1.13亿 | -2.7% |
| Accounts Receivable, Allowance for Credit Loss, Current | $400万 | $600万 | -33.3% | $400万 | $700万 | -42.9% |
| Accretion Expense, Including Asset Retirement Obligations | $9900万 | $9500万 | +4.2% | $3.78亿 | $3.25亿 | +16.3% |
| Accrual for Environmental Loss Contingencies | $3.06亿 | $2.06亿 | +48.5% | $1.19亿 | $1.12亿 | +6.3% |
| Accrual for Environmental Loss Contingencies, Discount Rate | 5.0%2025-12-31 | 5.0% | 0.0% | 5.0% | 5.0% | 0.0% |
| Accrual for Environmental Loss Contingencies, Gross | $2.2亿2025-12-31 | $2.06亿 | +6.8% | $2.2亿 | $2.06亿 | +6.8% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $960亿 | $865亿 | +11.0% | $904亿 | $811亿 | +11.5% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$61.8亿 | -$59亿 | -4.6% | -$59.1亿 | -$64.7亿 | +8.7% |
| Additional Paid in Capital, Common Stock | $778亿 | $776亿 | +0.2% | $777亿 | $775亿 | +0.3% |
| Asset Impairment Charges | $200万 | $100万 | +100.0% | $2600万 | $8000万 | -67.5% |
| Asset Retirement Obligation | $83.6亿2025-12-31 | $82.2亿 | +1.8% | $83.6亿 | $82.2亿 | +1.8% |
| Asset Retirement Obligation, Accretion Expense | – | – | – | $3.66亿 | $3.19亿 | +14.7% |
| Asset Retirement Obligation, Cash Paid to Settle | – | – | – | $2.59亿 | $1.82亿 | +42.3% |
| Asset Retirement Obligation, Foreign Currency Translation Gain (Loss) | – | – | – | -$2.16亿 | $2.09亿 | -203.3% |
| Asset Retirement Obligation, Liabilities Incurred | – | – | – | $1.62亿 | $9.26亿 | -82.5% |
| Asset Retirement Obligation, Liabilities Settled | – | – | – | $1.86亿 | $600万 | +3,000.0% |
| Asset Retirement Obligation, Revision of Estimate | – | – | – | $1.5亿 | -$1.4亿 | +207.1% |
| Assets | $1240亿 | $1230亿 | +1.4% | $1220亿 | $1230亿 | -0.7% |
| Assets, Current | $192亿 | $139亿 | +37.7% | $155亿 | $156亿 | -0.7% |
| Assets, Fair Value Disclosure | $29.2亿 | – | – | $22.1亿 | $20.4亿 | +8.1% |
| Broker-Dealer, Payable to Other Broker-Dealer and Clearing Organization | $200万2025-12-31 | $500万 | -60.0% | $200万 | $500万 | -60.0% |
| Business Combination, Acquisition Related Costs | $200万2025-09-30 | – | – | – | – | – |
| Business Combination, Contingent Consideration, Liability | $7800万2026-03-31 | – | – | $0 | $1.45亿 | -100.0% |
| Capitalized Costs, Proved Properties | $1680亿2025-12-31 | $1550亿 | +8.1% | $1680亿 | $1550亿 | +8.1% |
| Capitalized Costs, Unproved Properties | $108亿2025-12-31 | $155亿 | -30.1% | $108亿 | $155亿 | -30.1% |
| Capitalized Exploratory Well Cost, Additions Pending Determination of Proved Reserves | – | – | – | $1.13亿 | $3200万 | +253.1% |
| Capitalized Exploratory Well Cost, Charged to Expense | – | – | – | $3600万 | $1800万 | +100.0% |
| Capitalized Exploratory Well Cost, Period Increase (Decrease) | $02025-09-30 | $3200万 | -100.0% | – | – | – |
| Capitalized Exploratory Well Costs | $3.47亿 | $2.09亿 | +66.0% | $2.43亿 | $1.96亿 | +24.0% |
| Capitalized Exploratory Well Costs that Have Been Capitalized for Period Greater than One Year | $1.33亿2025-12-31 | $1.63亿 | -18.4% | $1.33亿 | $1.63亿 | -18.4% |
| Capitalized Exploratory Well Costs that Have Been Capitalized for Period of One Year or Less | $1.1亿2025-12-31 | $3300万 | +233.3% | $1.1亿 | $3300万 | +233.3% |
| Cash and Cash Equivalents, at Carrying Value | $65.7亿 | $49亿 | +34.1% | $65亿 | $56.1亿 | +15.9% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $69.7亿 | $52.3亿 | +33.3% | $69.2亿 | $59.1亿 | +17.1% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $7.19亿 | -$13.9亿 | +151.6% | $10.1亿 | $600万 | +16,750.0% |
| Collateral Already Posted, Aggregate Fair Value | $0 | $0 | – | $0 | $0 | – |
| Common Stock, Dividends, Per Share, Declared | $0.84 | $0.78 | +7.7% | $3.18 | $2.52 | +26.2% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 25亿 | 25亿 | 0.0% | 25亿 | 25亿 | 0.0% |
| Common Stock, Shares, Issued | 22.6亿 | 22.5亿 | +0.2% | 22.5亿 | 22.5亿 | +0.1% |
| Common Stock, Value, Issued | $2300万 | $2300万 | 0.0% | $2300万 | $2300万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $37.8亿 | $24.6亿 | +53.6% | $85.5亿 | $84.5亿 | +1.2% |
| Cost of Goods and Services Sold | $67.1亿 | $50.9亿 | +32.0% | $223亿 | $200亿 | +11.6% |
| Current Federal Tax Expense (Benefit) | – | – | – | $6.55亿 | $6.29亿 | +4.1% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $32.9亿 | $32.5亿 | +1.2% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $1.77亿 | $1.82亿 | -2.7% |
| Debt Instrument, Face Amount | $233亿2025-12-31 | $241亿 | -3.1% | $233亿 | $241亿 | -3.1% |
| Debt Instrument, Repurchased Face Amount | – | – | – | $37.7亿2024-12-31 | – | – |
| Debt Instrument, Unamortized Discount (Premium), Net | $7.04亿2025-12-31 | $7.01亿 | +0.4% | $7.04亿 | $7.01亿 | +0.4% |
| Debt Securities, Available-for-sale | $16.1亿 | – | – | $16亿 | $15.5亿 | +3.2% |
| Debt Securities, Available-for-sale, Allowance for Credit Loss | $02025-12-31 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Amortized Cost | $16.2亿 | $15.8亿 | +2.5% | $15.9亿 | $15.5亿 | +2.8% |
| Debt Securities, Available-for-sale, Noncurrent | $11.5亿2025-12-31 | $10.6亿 | +8.8% | $11.5亿 | $10.6亿 | +8.8% |
| Debt, Current | $4.62亿 | $4.14亿 | +11.6% | $10.2亿 | $10.4亿 | -1.4% |
| Deferred Credits and Other Liabilities | $19.1亿 | $19.4亿 | -1.4% | $16.4亿 | $20.3亿 | -19.6% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $5.37亿 | $2.47亿 | +117.4% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $3300万 | $7100万 | -53.5% |
| Deferred Income Tax Expense (Benefit) | $4700万 | $1.49亿 | -68.5% | $5.49亿 | $3.67亿 | +49.6% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-01