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$COP: Production beat + $4.2B FCF—here’s how the stock has historically moved next day

Finvera Editorial Team··guidance raise

How COP has reacted before

ReportNext-day move
Feb 2026+2.5%
May 2025+1.3%
Feb 2025-1.6%
Oct 2024-1.6%

Median absolute move 1.6% · higher 2 of 4 · n=4

ConocoPhillips ($COP) reports it exceeded production guidance, generated $4.2 billion in free cash flow, and plans to increase shareholder distributions this year.

How $COP has reacted to earnings

ReportNext-day
Feb 2026+2.5%
May 2025+1.3%
Feb 2025-1.6%
Oct 2024-1.6%

Base rate from these 4 precedents (next-day move):

  • Median absolute next-day move: 1.6%
  • Higher: 2 of 4
  • Biggest up: +2.5%
  • Biggest down: -1.6%
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