Valued at a market cap of $115.8 billion, ConocoPhillips (COP) is an oil and natural gas exploration and production company headquartered in Houston, Texas. It produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. The company is scheduled to announce its fiscal Q2 earnings for 2025 before the market opens on Thursday, Aug. 7.
Before this event, analysts project this energy company to report a profit of $1.34 per share, down 32.3% from $1.98 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in three of the last four quarters, while missing on another occasion. Its earnings of $2.09 per share in the previous quarter outpaced the consensus estimates by 1.5%.
