10-Q quarterly report · filed Nov 6, 2025

ConocoPhillips (COP) Q3 2025 10-Q Quarterly Report

Short answer

ConocoPhillips (COP) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $13.3B (up 14.0% year over year) with net income of $1.7B.

Q3 2025 key financials · XBRL

Revenue
$13.3B
+14.0% YoY · +5.7% QoQ
Net income
$1.7B
−16.2% YoY · −12.4% QoQ
EPS (diluted)
$1.39
−21.5% YoY · −10.9% QoQ

Source: XBRL data from the ConocoPhillips (COP) Q3 2025 10-Q on SEC EDGAR. USD.

ConocoPhillips Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $15.0B Q3 2025, up $2.0B YoY from $13.0B driven by higher volumes including Marathon Oil acquisition
  • Operating margin impacted by commodity prices; EBIT net income $1.7B Q3 2025 vs $2.1B in Q3 2024; Lower 48 segment net income $1.2B Q3 2025 vs $1.2B Q3 2024
  • Best segment: Lower 48 production 1,528 MBOED (+381 MBOED YoY), net income $1.2B Q3 2025; Worst segment: Asia Pacific net income $309M Q3 2025 vs $455M Q3 2024
  • Cash provided by operations $5.9B Q3 2025; repurchased $1.3B shares, paid $1.0B dividends; ended quarter with $6.6B cash and equivalents
  • Raised quarterly dividend 8% to $0.84/share; FY 2025 production guidance raised to 2.375 MMBOED; risks from volatile commodity prices and geopolitical factors remain

Risk Factors

  • No material changes to risk factors since the 2024 Annual Report on Form 10-K
  • Continued exposure to commodity price volatility impacting revenue and cash flow stability
  • Ongoing regulatory risks from evolving environmental laws affecting operational compliance costs
  • Market competition intensifying from renewable energy firms challenging near-term oil demand
  • Financial risks include managing debt maturity profile and maintaining liquidity amid capital expenditure commitments

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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