ConocoPhillips boosts quarterly profit while cutting capex guidance

US player generated earnings of $2.8 billion on the back of a production hike of almost 500,000 boepd

Ryan Lance, chief executive of ConocoPhillips.
Ryan Lance, chief executive of ConocoPhillips.Photo: NICK AGRO/CORPORATE EVENT IMAGES 2021/SCANPIX
Published 8 May 2025, 12:28Updated 8 May 2025, 12:31
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