Business

ConocoPhillips announces first-quarter 2025 results and quarterly dividend

HOUSTON, May 08, 2025--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 share. Special items for the quarter were primarily related to a gain on asset sales and the impact from the

articleConocophillipsMay 8, 20256/company/conocophillips/news/conocophillips-announces-first-quarter-2025-110000983
ConocoPhillips announces first-quarter 2025 results and quarterly dividend

About this update from Conocophillips

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":208,"url":"https://media.zenfs.com/en/business-wire.com/99cb9f5791dff8c49a2ca1d39bc7cf7f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/i3fEO92OfATM5crNSjKUXg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQxNjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/99cb9f5791dff8c49a2ca1d39bc7cf7f","width":480,"height":208}},"lazy":false},{"type":"list","items":[{"val":[{"type":"text","content":"Reported first-quarter 2025 earnings per share of $2.23 and adjusted earnings per share of $2.09.","length":97,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Generated cash provided by operating activities of $6.1 billion and cash from operations (CFO) of $5.5 billion.","length":111,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Lowered both full-year capital expenditures and adjusted operating cost guidance while maintaining full-year production guidance.","length":129,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Declared second-quarter ordinary dividend of $0.78 per share.","length":61,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":398,"olType":false},{"type":"text","content":"HOUSTON, May 08, 2025--(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 share. Special items for the quarter were primarily related to a gain on asset sales and the impact from the settlement of a contingent matter.","length":551,"tagName":"p"},{"type":"text","content":""ConocoPhillips continued to demonstrate strong execution in the first quarter, and we reduced our full-year capital and operating cost guidance," said Ryan Lance, chairman and chief executive officer. "Amid a volatile macro environment, we remain confident in the competitive advantages provided by our differentiated portfolio, strong balance sheet and disciplined capital allocation framework that prioritizes returns on and of capital to...

More updates from Conocophillips

ConocoPhillipsearnings per sharecapital expendituresMBOEDshare repurchasesoperating costadjusted earnings