ConocoPhillips (NYSE: COP), a number one oil exploration firm, introduced monetary outcomes for the second quarter of fiscal 2025, reporting a decline in adjusted earnings.
- Second-quarter earnings, excluding particular gadgets, declined to $1.42 per share from $1.98 per share within the year-ago quarter
- On a reported foundation, Q2 earnings decreased to $1.56 per share from $1.98 per share in Q2 2024
- Q2 internet earnings was $2.0 billion, decrease than $2.3 billion reported within the prior-year quarter
- Through the quarter, the corporate generated money offered by working actions of $3.5 billion and money from operations of $4.7 billion
- The board declared a dividend of $0.78 per share for Q3, payable September 2, 2025, to stockholders of document as on August 18, 2025
- In Q2, ConocoPhillips delivered whole firm manufacturing of two,391 thousand barrels of oil equal per day
- The corporate signed an settlement to divest its Anadarko Basin property for $1.3 billion
- It distributed $2.2 billion to shareholders in Q2, together with $1.2 billion by means of share repurchases and $1.0 billion by means of dividend
