Lower Oil Prices Drag ConocoPhillips Q4 Profit Below Estimates

ConocoPhillips (NYSE: COP) booked lower-than-expected earnings for the fourth quarter as higher production was unable to offset the decline in oil prices. ConocoPhillips reported on Thursday fourth-quarter adjusted earnings of $1.3 billion, or $1.02 per share. That was nearly halved compared with adjusted earnings of $2.4 billion, or $1.98 per share, for the fourth quarter of 2024. The earnings for October-December 2025 were also lower than the $1.07 analyst consensus estimate in The Wall Street Journal.  ConocoPhillips attributed the decline…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com