COP Stock Recent News
COP LATEST HEADLINES
ConocoPhillips (COP -0.29%) has spent several years building a low-cost oil company. It has sold off higher-cost assets and recycled the capital to expand its lower-cost resources.
COP has a strong production outlook, backed by its decades of low-cost inventory of drilling sites.
ConocoPhillips (COP 1.44%) stock closed Wednesday in positive territory. On the back of a solid quarterly earnings beat, investors pushed it to a 1.4% gain, good enough to top the 0.6% bump of the S&P 500 (^GSPC 0.58%).
ConocoPhillips Company (NYSE:COP ) Q1 2025 - Earnings Conference Call May 8, 2025 12:00 PM ET Company Participants Phil Gresh - Vice President, Investor Relations Ryan Lance - Chairman and Chief Executive Officer Bill Bullock - Executive Vice President and Chief Financial Officer Andy O'Brien - Senior Vice President, Strategy, Commercial, Sustainability & Technology Nick Olds - Executive Vice President, Lower 48 Kirk Johnson - Senior Vice President, Global Operations Conference Call Participants Neil Mehta - Goldman Sachs Devin McDermott - Morgan Stanley Stephen Richardson - Evercore ISI Arun Jayaram - JPMorgan Doug Leggate - Wolfe Research Nitin Kumar - Mizuho Lloyd Byrne - Jefferies Scott Hanold - RBC Capital Markets Ryan Todd - Piper Sandler Betty Jiang - Barclays Paul Cheng - Scotiabank Josh Silverstein - UBS Kevin McCurdy - Pickering Energy Partners Leo Mariani - ROTH David Deckelbaum - TD Cowen Operator Welcome to the First Quarter 2025 ConocoPhillips Earnings Conference Call. My
Continuing Jobless Claims stayed above 1.9 million, and Productivity posted its first negative headline, in years.
The headline numbers for ConocoPhillips (COP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
COP reports strong Q1 earnings, primarily due to higher oil equivalent production volumes. It lowers full-year capex guidance.
ConocoPhillips (COP) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $2.03 per share a year ago.
ConocoPhillips (NYSE:COP, ETR:YCP) shares were indicated 1.7% in premarket trading after the oil and gas major beat first-quarter earnings expectations and announced a leadership change. Adjusted earnings came in at $2.09 per share, just ahead of analyst forecasts, supported by a 26% jump in production to 2.38 million barrels of oil equivalent per day.