ConocoPhillips 10-Q filed Nov 5, 2026

Modified · Overview

Geopolitical tensions in the Middle East, including the ongoing conflict involving Iran, have increased volatility in global energy markets and may elevate risks to regional operations, infrastructure and shipping routes. We have investments in LNG facilities in Qatar, including one producing asset and two projects under construction. Our investments have not been physically damaged, though. While production remained constrained through the secondthird quarter of 2026, and there are no indicationswe have not identified indicators of impairment for our investments in the region as of September 30, 2026. However, further escalation could adversely affect operations, LNG transportation and construction and have broader supply chain impacts. Production from our Qatar investments was approximately four percent of total company production volumes in 2025. The company continues to monitor developments and prioritize the safety of personnel and the integrity of our operations. See Note 6.