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ConocoPhillips (COP 1.40%) is already a cash-gushing machine. The oil and gas giant's low-cost operations enable it to produce significant free cash flow.
COP's $1.3B Anadarko Basin sale advances the firm's divestment plan, sharpening focus on high-return core assets.
Ryan Lance, ConocoPhillips CEO, joins CNBC's 'Squawk on the Street' to discuss the company's latest quarter, asset dispositions, and much more.
ConocoPhillips (NYSE:COP ) Q2 2025 Earnings Conference Call August 7, 2025 12:00 PM ET Company Participants Andrew M. O'Brien - Executive VP of Strategy & Commercial and CFO Guy Baber - Corporate Participant Kirk L.
NEW YORK--(BUSINESS WIRE)--Stone Ridge Holdings Group (“Stone Ridge”), a financial services firm focused on alternative asset management, reinsurance, and bitcoin, today announced that its energy platform, Stone Ridge Energy (“SRE”), entered into a definitive agreement to acquire a major portfolio of Oklahoma energy assets from ConocoPhillips for approximately $1.3 billion. This marks SRE's second acquisition this year, after purchasing over $1 billion of energy assets in Colorado, bringing SRE.
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COP beats on Q2 earnings as higher oil output lifts revenues despite weaker prices and rising expenses.
The headline numbers for ConocoPhillips (COP) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ConocoPhillips (COP) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.98 per share a year ago.
HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported second-quarter 2025 earnings of $2.0 billion, or $1.56 per share.