ConocoPhillips Stock News

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.

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 P...

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.

The Houston oil producer posted first-quarter earnings of $2.8 billion, or $2.23 a share, up from $2.6 billion, or $2.15 a share, a year earlier.

ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday and said Chief Financial Officer Bill Bullock will retire after 39 years with the Texas-based oil and gas producer.

HOUSTON--(BUSINESS WIRE)--ConocoPhillips announces Bill Bullock to retire after 39 years with the company.

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today reported first-quarter 2025 earnings of $2.8 billion, or $2.23 per share, compared with first-quarter 2024 earnings of $2.6 billion, or $2.15 per share. Excluding special items, first-quarter 2025 adjusted earnings were $2.7 billion, or $2.09 per share, compared with first-quarter 2024 adjusted earnings of $2.4 billion, or $2.03 per sha...