financetom
Business
financetom
/
Business
/
ConocoPhillips beats quarterly profit estimates on higher production
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ConocoPhillips beats quarterly profit estimates on higher production
Nov 6, 2025 4:43 AM

Nov 6 (Reuters) - ConocoPhillips ( COP ) beat Wall

Street estimates for third-quarter profit on Thursday, as higher

oil and gas production and cost-cutting efforts helped offset

lower commodity prices.

The largest U.S. independent oil and gas producer posted an

adjusted profit of $1.61 per share for the quarter ended

September 30, compared with analysts' average estimate of $1.43

per share, according to data compiled by LSEG.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Park Hotels & Resorts JV Sells Spokane, Washington, Hotel for $35 Million
Park Hotels & Resorts JV Sells Spokane, Washington, Hotel for $35 Million
Dec 5, 2024
10:51 AM EST, 12/05/2024 (MT Newswires) -- Park Hotels & Resorts ( PK ) said Thursday that the consolidated joint venture that owns DoubleTree Hotel Spokane City Center in Washington sold the property for $35 million in gross proceeds. The company said the sale proceeds will go toward the repayment of the $13.5 million mortgage on the property. Park Hotels'...
SL Green Realty Secures $250 Million Anchor Commitment for Debt Fund
SL Green Realty Secures $250 Million Anchor Commitment for Debt Fund
Dec 5, 2024
10:53 AM EST, 12/05/2024 (MT Newswires) -- SL Green Realty ( SLG/PI ) said Thursday it has secured a $250 million anchor commitment from a Canadian institutional investor for its SLG Opportunistic Debt Fund. The fund, launched earlier this year, aims to leverage current market conditions by investing in structured debt tied to premium New York City commercial assets, the...
Market Chatter: Conagra Explores Sale of Chef Boyardee Brand
Market Chatter: Conagra Explores Sale of Chef Boyardee Brand
Dec 5, 2024
10:54 AM EST, 12/05/2024 (MT Newswires) -- Conagra Brands ( CAG ) has retained investment bankers Centerview Partners to assist with the potential sale of its Chef Boyardee pasta business, Reuters reported on Thursday, citing people familiar with the matter. The sources told Reuters the brand could be valued at well over $500 million and is being shopped to other...
Bank of New York Mellon, Conduent to Offer Pension Risk Transfer Service
Bank of New York Mellon, Conduent to Offer Pension Risk Transfer Service
Dec 5, 2024
10:49 AM EST, 12/05/2024 (MT Newswires) -- Bank of New York Mellon ( BK ) and Conduent ( CNDT ) are launching a partnership to provide risk transfer services to support increasing transactions among corporate pensions. The collaboration enables seamless pension experience from administration to payments, the companies said Thursday in a statement. BNY's payments and cash management services will...
Copyright 2023-2026 - www.financetom.com All Rights Reserved