ConocoPhillips Q4 Profit Dips 40% on Year on Oil Price Drop


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- ConocoPhillips reported fourth-quarter 2025 earnings 
of $1.4 billion on Thursday (2/5), down 40% year-on-year due to lower oil 
prices.

   The average realized price for crude during the profiled quarter was $42.46 
bbl. That was a 19% decrease from the $52.37 bbl marked during the fourth 
quarter of 2024, when earnings were at $2.3 billion.

   Lower prices were partially offset by higher volumes, with quarterly 
production reaching 2.32 million bpd, an increase of 137,000 bpd compared with 
the fourth quarter of 2024.

   Full-year 2025 production averaged 2.38 million bpd, reflecting 2.5% 
underlying growth after adjusting for the integration of Marathon Oil and 
various asset dispositions.

   Conoco announced a 2026 production target of 2.33 to 2.36 million bpd.




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