COP: FY26 guidance targets 2.3 MMBOED production and $12B+ capex, with strong Brent price sensitivity
Net income and cash flow are highly sensitive to Brent price changes, with FY26 production guided at 2.295–2.325 MMBOED and capital expenditures at $12.0–$12.5B. Turnarounds and portfolio shifts impact quarterly results, while dividends remain steady at $0.84 per share.Original document: ConocoPhil…