ConocoPhillips misses quarterly profit estimates
ReutersFeb 5, 2026 12:01 PM
Feb 5 (Reuters) - ConocoPhillips COP.N missed Wall Street estimates for fourth-quarter profit on Thursday, as lower crude prices countered a rise in oil production and cost-saving efforts.
The largest U.S. independent oil and gas producer posted an adjusted profit of $1.02 per share for the quarter ended December 31, compared with analysts' average estimate of $1.11 per share, according to data compiled by LSEG.
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