ConocoPhillips (NYSE: COP) reported Q1 EPS of $2.09, $0.11 better than the analyst estimate of $1.98.

Outlook

Second-quarter 2025 production is expected to be 2.34 to 2.38 million barrels of oil equivalent per day (MMBOED).

Full-year capital expenditures guidance is lowered to $12.3 to $12.6 billion versus prior guidance of approximately $12.9 billion. Full-year adjusted operating cost guidance is lowered to $10.7 to $10.9 billion versus prior guidance of $10.9 to $11.1 billion.

All other guidance remains unchanged. Guidance includes the impact from closed dispositions.

For earnings history and earnings-related data on ConocoPhillips (COP) click here.