ConocoPhillips CEO: if oil price remains as it is today, US shale production will 'flatten out'-March 2024-www.financetom.com

ConocoPhillips CEO: if oil price remains as it is today, US shale production will 'flatten out'

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

ConocoPhillips CEO: if oil price remains as it is today, US shale production will 'flatten out'

May 26, 2025 10:40 AM

DOHA, May 20 (Reuters) - ConocoPhillips ( COP ) CEO Ryan

Lance said on Tuesday that if the price of oil remains at its

current level, U.S. shale production would "flatten out", adding

that output would start declining if the oil price falls into

the $50s.

Previous page： Garrett Motion beats Q3 sales estimates, raises full-year earnings outlook Next page： Property insurer Old Republic's Q3 net operating income gains on premium growth

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.

Show More Comments

Related Articles >

Garrett Motion beats Q3 sales estimates, raises full-year earnings outlook

Oct 23, 2025

Overview * Garrett Motion ( GTX ) Q3 net sales rise 9% to $902 mln, beating analysts' expectations * Adjusted EBITDA for Q3 beats estimates * Company raises 2025 outlook, citing favorable industry conditions and YTD performance Outlook * Garrett raises 2025 net sales outlook to $3.5 bln-$3.6 bln * Company expects 2025 adjusted EBITDA of $610 mln-$650 mln *...

Property insurer Old Republic's Q3 net operating income gains on premium growth

Oct 23, 2025

Overview * Old Republic ( ORI ) Q3 net income falls, but net operating income rises 7.7% yr/yr * Net premiums and fees earned increase 8.1% yr/yr * Company returns $115 mln to shareholders via dividends and buybacks Outlook * Old Republic ( ORI ) did not provide specific future financial guidance Result Drivers * PREMIUM GROWTH - Specialty insurance...

Logistics firm Ryder beats Q3 profit estimates

Oct 23, 2025

Overview * Ryder Q3 total revenue stable at $3.2 bln, operating revenue up 1% * Adjusted EPS of $3.57 beats analyst expectations * Company benefits from strategic initiatives and share repurchases Outlook * Ryder projects FY25 comparable (non-GAAP) EPS of $12.85 - $13.05 * Company expects FY25 operating revenue (non-GAAP) to grow by 1% * Ryder anticipates FY25 free cash...

Real estate services firm CBRE beats Q3 revenue estimates; lifts FY core EPS outlook

Oct 23, 2025

Overview * CBRE ( CBRE ) Q3 revenue up 14% to $10.3 bln, beating analyst expectations * Core EPS for Q3 beats analyst estimates, rising 34% to $1.61 * Company raises 2025 Core EPS outlook to $6.25-$6.35, up from $6.10-$6.20 Outlook * CBRE ( CBRE ) raises 2025 Core EPS outlook to $6.25-$6.35 from $6.10-$6.20 Result Drivers * LEASING GROWTH...