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ConocoPhillips reports first-quarter profit beat

ReutersMay 8, 2025 11:01 AM

- ConocoPhillips COP.N beat Wall Street estimates for first-quarter profit on Thursday, as the Texas-based oil and gas producer benefited from higher production.

On an adjusted basis, ConocoPhillips reported a profit of $2.09 per share for the three months ended March 31, compared with analysts' average estimate of $2.06, according to data compiled by LSEG.

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