ConocoPhillips beats quarterly profit estimates on higher production
ReutersNov 6, 2025 12:01 PM
Nov 6 (Reuters) - ConocoPhillips COP.N beat Wall Street estimates for third-quarter profit on Thursday, as higher oil and gas production and cost-cutting efforts helped offset lower commodity prices.
The largest U.S. independent oil and gas producer posted an adjusted profit of $1.61 per share for the quarter ended September 30, compared with analysts' average estimate of $1.43 per share, according to data compiled by LSEG.
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