ConocoPhillips beats quarterly profit estimates

COP•2026-08-06

Second-quarter profit tops estimates

Aug. 6 (Reuters) - ConocoPhillips COP.N beat Wall Street estimates for second-quarter adjusted profit on Thursday, as stronger commodity prices and cost-cutting measures helped offset a decline in its output.

The largest U.S. independent oil and gas producer posted an adjusted profit of $3.24 per share for the quarter ended June 30, compared with analysts' average estimate of $2.88 per share, according to data compiled by LSEG.

ConocoPhillips beats quarterly profit estimates

Second-quarter profit tops estimates

Related News

Insight Enterprises Q2 FY26 net earnings climb 65% to $77.6 million; net sales rise 15% to $2.4 billion

Shopify Inc. <SHOP.TO>: ATB Cormark Capital Markets raises target price to C$260 from C$240

vTv Therapeutics Q2 FY26 net loss widens to $13.1 million; R&D expenses more than doubled to $8.8 million

CION Investment Q2 net asset value per share rises 3.5%

White Mountains Q2 FY26 net income attributable to common shareholders rises 62.32% to $199.5 million