ConocoPhillips reported its second-quarter earnings for 2025, surpassing expectations with earnings per share (EPS) of $1.42 against a forecast of $1.38, marking a 2.9% surprise. Revenue also exceeded projections, reaching $15 billion compared to the anticipated $14.91 billion. Following the announcement, the company’s stock saw a premarket increase of 0.18%, trading at $92.77. According to InvestingPro data, the company maintains a GOOD financial health score, with particularly strong marks in profitability and cash flow metrics. ConocoPhillips exceeded both EPS and revenue forecasts for Q2 2025. The company completed the integration of its Marathon Oil acquisition. A significant increase in resource estimates in the Permian Basin was reported. Stock price experienced a slight uptick in premarket trading. Long-term bullish outlook on oil and gas demand continues.

Earnings call transcript: ConocoPhillips beats Q2 2025 EPS forecast, stock rises

ConocoPhillips reported Q2 2025 earnings exceeding expectations, with EPS of $1.42 vs. forecasted $1.38 and revenue of $15 billion vs. $14.91 billion. The company completed the integration of Marathon Oil, reported increased resource estimates in the Permian Basin, and saw its stock rise premarket. A long-term bullish outlook for oil and gas demand was noted.