Subtext

ConocoPhillips COP

SectorEnergy
Transcripts77
Date range2005-10-30 – 2025-05-08
Calls charted76

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-12-6+0+6+122005 Q32008 Q42011 Q22013 Q42016 Q22018 Q42021 Q22023 Q42005 Q3 · Overall: +2.32005 Q4 · Overall: +5.92006 Q1 · Overall: +0.72006 Q2 · Overall: -0.92006 Q4 · Overall: -0.42007 Q2 · Overall: -2.02007 Q4 · Overall: +4.42008 Q1 · Overall: +0.32008 Q2 · Overall: +0.12008 Q3 · Overall: +1.42008 Q4 · Overall: -4.52009 Q1 · Overall: -0.32009 Q2 · Overall: -4.82009 Q3 · Overall: +3.12009 Q4 · Overall: -2.12010 Q1 · Overall: +5.82010 Q2 · Overall: +2.42010 Q3 · Overall: +0.72010 Q4 · Overall: +2.72011 Q1 · Overall: -7.22011 Q2 · Overall: +0.52011 Q3 · Overall: -3.62011 Q4 · Overall: -0.52012 Q1 · Overall: -1.82012 Q2 · Overall: +0.12012 Q3 · Overall: +6.42012 Q4 · Overall: +0.82013 Q1 · Overall: +0.52013 Q2 · Overall: +4.32013 Q3 · Overall: +2.82013 Q4 · Overall: +5.62014 Q1 · Overall: +7.92014 Q2 · Overall: +1.82014 Q3 · Overall: +4.72014 Q4 · Overall: +1.32015 Q1 · Overall: -1.82015 Q2 · Overall: +0.92015 Q3 · Overall: -2.42015 Q4 · Overall: -5.22016 Q1 · Overall: +0.42016 Q2 · Overall: +0.52016 Q3 · Overall: +4.92016 Q4 · Overall: +6.52017 Q1 · Overall: +2.32017 Q2 · Overall: +4.42017 Q3 · Overall: +3.52017 Q4 · Overall: +6.32018 Q1 · Overall: +4.62018 Q2 · Overall: +7.52018 Q3 · Overall: +3.42018 Q4 · Overall: +4.12019 Q1 · Overall: +6.62019 Q2 · Overall: +4.22019 Q3 · Overall: -1.22019 Q4 · Overall: -0.62020 Q1 · Overall: -9.32020 Q2 · Overall: -6.62020 Q3 · Overall: +2.92020 Q4 · Overall: +6.72021 Q1 · Overall: +10.82021 Q2 · Overall: +3.32021 Q3 · Overall: +7.92021 Q4 · Overall: +5.02022 Q1 · Overall: +0.52022 Q2 · Overall: +3.62022 Q3 · Overall: +6.72022 Q4 · Overall: +5.82023 Q1 · Overall: +1.42023 Q2 · Overall: +9.82023 Q3 · Overall: +8.22023 Q4 · Overall: +10.32024 Q1 · Overall: +4.82024 Q2 · Overall: +6.42024 Q3 · Overall: +5.52024 Q4 · Overall: +9.32025 Q1 · Overall: +3.6
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-24-12+0+12+242005 Q32008 Q42011 Q22013 Q42016 Q22018 Q42021 Q22023 Q42005 Q3 · CEO: +2.22005 Q4 · CEO: +6.02006 Q1 · CEO: +0.22006 Q2 · CEO: +1.52006 Q4 · CEO: +2.62007 Q2 · CEO: -1.32007 Q4 · CEO: +6.92008 Q1 · CEO: +1.62008 Q2 · CEO: +1.42008 Q3 · CEO: +2.72008 Q4 · CEO: -1.32009 Q3 · CEO: +8.32010 Q1 · CEO: +12.22010 Q2 · CEO: +4.32010 Q3 · CEO: +3.52010 Q4 · CEO: +0.02012 Q2 · CEO: +5.82012 Q3 · CEO: +13.22012 Q4 · CEO: +13.72013 Q2 · CEO: +10.52013 Q4 · CEO: +8.42014 Q2 · CEO: +2.82014 Q3 · CEO: +5.52014 Q4 · CEO: +0.82015 Q2 · CEO: +6.22015 Q4 · CEO: -5.12016 Q1 · CEO: +2.12016 Q2 · CEO: +3.02016 Q4 · CEO: +10.62017 Q4 · CEO: +8.92018 Q3 · CEO: +20.92018 Q4 · CEO: +10.02019 Q1 · CEO: +11.72019 Q4 · CEO: +15.72020 Q1 · CEO: -5.52020 Q3 · CEO: +10.22020 Q4 · CEO: +7.32021 Q1 · CEO: +14.52021 Q2 · CEO: +6.32021 Q3 · CEO: +10.22021 Q4 · CEO: +7.22022 Q2 · CEO: +7.42022 Q3 · CEO: +6.92022 Q4 · CEO: +12.82023 Q1 · CEO: +1.32023 Q2 · CEO: +14.82023 Q3 · CEO: +11.32023 Q4 · CEO: +18.32024 Q1 · CEO: +8.52024 Q2 · CEO: +9.82024 Q3 · CEO: +9.22024 Q4 · CEO: +14.32025 Q1 · CEO: +5.62006 Q1 · CFO: +0.02006 Q2 · CFO: -5.82006 Q4 · CFO: -10.82007 Q2 · CFO: -6.02007 Q4 · CFO: -6.42008 Q1 · CFO: +6.72008 Q2 · CFO: -1.72008 Q3 · CFO: +11.92008 Q4 · CFO: +0.02009 Q1 · CFO: -4.42009 Q2 · CFO: -3.02009 Q3 · CFO: +6.22010 Q2 · CFO: +0.02010 Q4 · CFO: +6.52011 Q1 · CFO: -3.02011 Q2 · CFO: +3.42011 Q3 · CFO: +1.62011 Q4 · CFO: +2.42012 Q1 · CFO: +2.72012 Q2 · CFO: -2.32012 Q3 · CFO: +1.52012 Q4 · CFO: -5.42013 Q1 · CFO: +0.72013 Q2 · CFO: +0.72013 Q3 · CFO: +2.82013 Q4 · CFO: +2.62014 Q1 · CFO: +13.02014 Q2 · CFO: +7.12014 Q3 · CFO: +3.42014 Q4 · CFO: +4.92015 Q1 · CFO: +0.32015 Q3 · CFO: -2.92016 Q1 · CFO: -1.02016 Q2 · CFO: +0.02017 Q4 · CFO: +11.62018 Q4 · CFO: +14.52019 Q1 · CFO: +1.92019 Q2 · CFO: +10.22019 Q3 · CFO: +0.02020 Q1 · CFO: -4.82020 Q2 · CFO: -7.32020 Q3 · CFO: +0.02021 Q1 · CFO: +19.02021 Q3 · CFO: +7.42021 Q4 · CFO: +9.92022 Q2 · CFO: +11.42022 Q3 · CFO: +12.02022 Q4 · CFO: +3.12023 Q1 · CFO: +14.82023 Q2 · CFO: +12.92023 Q3 · CFO: +9.32023 Q4 · CFO: +10.72024 Q1 · CFO: +0.02024 Q2 · CFO: +3.02024 Q3 · CFO: +2.22024 Q4 · CFO: +8.22025 Q1 · CFO: +13.9
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-30-15+0+15+302005 Q32008 Q42011 Q22013 Q42016 Q22018 Q42021 Q22023 Q42005 Q3 · Prepared remarks: +2.42005 Q4 · Prepared remarks: +6.52006 Q1 · Prepared remarks: -0.32006 Q2 · Prepared remarks: +2.62006 Q4 · Prepared remarks: -0.72007 Q2 · Prepared remarks: -7.52007 Q4 · Prepared remarks: +3.72008 Q1 · Prepared remarks: -1.92008 Q2 · Prepared remarks: -0.42008 Q3 · Prepared remarks: -2.02008 Q4 · Prepared remarks: -4.02009 Q1 · Prepared remarks: +7.02009 Q2 · Prepared remarks: -6.22009 Q3 · Prepared remarks: +7.12009 Q4 · Prepared remarks: +1.72010 Q1 · Prepared remarks: +1.82010 Q2 · Prepared remarks: +9.82010 Q3 · Prepared remarks: +0.32010 Q4 · Prepared remarks: +7.22011 Q1 · Prepared remarks: +3.12011 Q2 · Prepared remarks: +4.42011 Q3 · Prepared remarks: +0.62011 Q4 · Prepared remarks: +5.62012 Q1 · Prepared remarks: +4.72012 Q2 · Prepared remarks: +1.42012 Q3 · Prepared remarks: +12.02012 Q4 · Prepared remarks: +3.52013 Q1 · Prepared remarks: +0.72013 Q2 · Prepared remarks: +3.22013 Q3 · Prepared remarks: +8.02013 Q4 · Prepared remarks: +10.22014 Q1 · Prepared remarks: +15.12014 Q2 · Prepared remarks: +6.52014 Q3 · Prepared remarks: +10.92014 Q4 · Prepared remarks: +7.82015 Q1 · Prepared remarks: +4.82015 Q2 · Prepared remarks: +7.82015 Q3 · Prepared remarks: +4.32015 Q4 · Prepared remarks: -2.22016 Q1 · Prepared remarks: +3.92016 Q2 · Prepared remarks: +8.82016 Q3 · Prepared remarks: +10.12016 Q4 · Prepared remarks: +13.32017 Q1 · Prepared remarks: +6.32017 Q2 · Prepared remarks: +12.32017 Q3 · Prepared remarks: +8.92017 Q4 · Prepared remarks: +13.02018 Q1 · Prepared remarks: +14.42018 Q2 · Prepared remarks: +16.42018 Q3 · Prepared remarks: +24.62018 Q4 · Prepared remarks: +15.92019 Q1 · Prepared remarks: +12.42019 Q2 · Prepared remarks: +8.42019 Q3 · Prepared remarks: +4.92019 Q4 · Prepared remarks: +9.52020 Q1 · Prepared remarks: -5.12020 Q2 · Prepared remarks: -11.02020 Q3 · Prepared remarks: +14.82020 Q4 · Prepared remarks: +6.22021 Q1 · Prepared remarks: +25.72021 Q2 · Prepared remarks: +10.72021 Q3 · Prepared remarks: +13.82021 Q4 · Prepared remarks: +9.22022 Q1 · Prepared remarks: +9.42022 Q2 · Prepared remarks: +7.52022 Q3 · Prepared remarks: +10.12022 Q4 · Prepared remarks: +7.92023 Q1 · Prepared remarks: +11.32023 Q2 · Prepared remarks: +12.42023 Q3 · Prepared remarks: +9.42023 Q4 · Prepared remarks: +5.42024 Q1 · Prepared remarks: +7.92024 Q2 · Prepared remarks: +5.02024 Q3 · Prepared remarks: +6.92024 Q4 · Prepared remarks: +7.92025 Q1 · Prepared remarks: +11.32005 Q4 · Q&A responses: +7.82006 Q1 · Q&A responses: +5.02006 Q2 · Q&A responses: -1.02006 Q4 · Q&A responses: +3.82007 Q2 · Q&A responses: +2.02007 Q4 · Q&A responses: +8.52008 Q1 · Q&A responses: +4.22008 Q2 · Q&A responses: +2.22008 Q3 · Q&A responses: +5.22008 Q4 · Q&A responses: -1.32009 Q1 · Q&A responses: -1.92009 Q2 · Q&A responses: -0.72009 Q3 · Q&A responses: +4.32009 Q4 · Q&A responses: +0.42010 Q1 · Q&A responses: +10.32010 Q2 · Q&A responses: +0.42010 Q3 · Q&A responses: +1.92010 Q4 · Q&A responses: +5.72011 Q1 · Q&A responses: -10.32011 Q2 · Q&A responses: +3.22011 Q3 · Q&A responses: +2.12011 Q4 · Q&A responses: -2.82012 Q1 · Q&A responses: -2.62012 Q2 · Q&A responses: +1.82012 Q3 · Q&A responses: +2.62012 Q4 · Q&A responses: +0.62013 Q1 · Q&A responses: +2.12013 Q2 · Q&A responses: +8.32013 Q3 · Q&A responses: +4.42013 Q4 · Q&A responses: +4.42014 Q1 · Q&A responses: +6.62014 Q2 · Q&A responses: +2.32014 Q3 · Q&A responses: +4.72014 Q4 · Q&A responses: -0.52015 Q1 · Q&A responses: -1.52015 Q2 · Q&A responses: +1.52015 Q3 · Q&A responses: -3.52015 Q4 · Q&A responses: -3.92016 Q1 · Q&A responses: +1.62016 Q2 · Q&A responses: +0.62016 Q3 · Q&A responses: +5.12016 Q4 · Q&A responses: +3.52017 Q1 · Q&A responses: +5.42017 Q2 · Q&A responses: +6.22017 Q3 · Q&A responses: +4.82017 Q4 · Q&A responses: +5.92018 Q1 · Q&A responses: +3.52018 Q2 · Q&A responses: +7.82018 Q3 · Q&A responses: +4.02018 Q4 · Q&A responses: +4.52019 Q1 · Q&A responses: +6.92019 Q2 · Q&A responses: +7.42019 Q3 · Q&A responses: +4.02019 Q4 · Q&A responses: +0.02020 Q1 · Q&A responses: -7.22020 Q2 · Q&A responses: -4.22020 Q3 · Q&A responses: +2.52020 Q4 · Q&A responses: +11.72021 Q1 · Q&A responses: +7.62021 Q2 · Q&A responses: +2.72021 Q3 · Q&A responses: +11.72021 Q4 · Q&A responses: +9.82022 Q1 · Q&A responses: -0.72022 Q2 · Q&A responses: +6.52022 Q3 · Q&A responses: +9.42022 Q4 · Q&A responses: +7.32023 Q1 · Q&A responses: +4.12023 Q2 · Q&A responses: +13.92023 Q3 · Q&A responses: +14.22023 Q4 · Q&A responses: +18.52024 Q1 · Q&A responses: +10.32024 Q2 · Q&A responses: +11.92024 Q3 · Q&A responses: +9.52024 Q4 · Q&A responses: +13.82025 Q1 · Q&A responses: +7.2
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$-2.62$6.35$15.332005 Q32008 Q42011 Q22013 Q42016 Q22018 Q42021 Q22023 Q42014 Q1: $6.162014 Q2: $6.332014 Q3: $6.562014 Q4: $3.802015 Q1: $1.352015 Q2: $1.512015 Q3: $0.882015 Q4: $0.142016 Q1: $-1.392016 Q2: $-0.942016 Q3: $-0.242016 Q4: $0.332017 Q1: $0.992017 Q2: $1.252017 Q3: $0.952017 Q4: $1.622018 Q1: $2.732018 Q2: $4.102018 Q3: $4.892018 Q4: $4.432019 Q1: $3.852019 Q2: $4.432019 Q3: $4.172019 Q4: $3.502020 Q1: $2.492020 Q2: $-0.402020 Q3: $0.242020 Q4: $0.862021 Q1: $2.372021 Q2: $3.582021 Q3: $5.112021 Q4: $7.802022 Q1: $9.832022 Q2: $13.712022 Q3: $14.092022 Q4: $13.022023 Q1: $10.952023 Q2: $9.872023 Q3: $9.642023 Q4: $10.382024 Q1: $8.892024 Q2: $9.482024 Q3: $8.88

Forward P/E

-184.591211.482607.562005 Q32008 Q42011 Q22013 Q42016 Q22018 Q42021 Q22023 Q42014 Q1: 10.962014 Q2: 13.322014 Q3: 12.292014 Q4: 17.622015 Q1: 46.972015 Q2: 41.782015 Q3: 56.382015 Q4: 352.502016 Q1: 352.502016 Q4: 156.032017 Q1: 46.192017 Q2: 36.482017 Q3: 47.962017 Q4: 31.902018 Q1: 19.732018 Q2: 16.982018 Q3: 15.452018 Q4: 13.832019 Q1: 17.472019 Q2: 13.472019 Q3: 14.392019 Q4: 18.062020 Q1: 9.102020 Q2: 2415.002020 Q3: 143.182020 Q4: 49.212021 Q1: 23.952021 Q2: 17.082021 Q3: 11.612021 Q4: 9.072022 Q1: 9.652022 Q2: 7.972022 Q3: 8.362022 Q4: 8.672023 Q1: 8.702023 Q2: 10.402023 Q3: 12.692023 Q4: 10.782024 Q1: 13.232024 Q2: 11.542024 Q3: 12.24

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q2 tone ↓ -6.1 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q1 tone ↑ +5.6 fwd EPS ↓ -1.53 Tone rose while the forward EPS estimate was cut.
  • 2017 Q1 tone ↓ -4.2 fwd EPS ↑ +0.66 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -4.1 fwd EPS ↑ +0.79 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↑ +2.5 fwd EPS ↓ -0.57 Tone rose while the forward EPS estimate was cut.
  • 2019 Q2 tone ↓ -2.4 fwd EPS ↑ +0.57 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +2.7 fwd EPS ↓ -2.89 Tone rose while the forward EPS estimate was cut.
  • 2021 Q2 tone ↓ -7.5 fwd EPS ↑ +1.21 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -2.9 fwd EPS ↑ +2.69 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -4.5 fwd EPS ↑ +2.03 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↑ +8.4 fwd EPS ↓ -1.08 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-08+3.6——View →
2024 Q42025-02-06+9.3——View →
2024 Q32024-10-31+5.5$8.8812.2View →
2024 Q22024-08-01+6.4$9.4811.5View →
2024 Q12024-05-02+4.8$8.8913.2View →
2023 Q42024-02-08+10.3$10.3810.8View →
2023 Q32023-11-02+8.2$9.6412.7View →
2023 Q22023-08-03+9.8$9.8710.4View →