
COP · NYSE
ConocoPhillips is an upstream energy company that explores for and produces crude oil, natural gas and other hydrocarbons. It makes money primarily by selling production, with earnings exposed to commodity prices, output volumes and operating performance. The supplied evidence does not provide a segment-by-segment revenue contribution, customer breakdown or geographic production mix; it does identify unhedged output and operational disruptions as material risks. ConocoPhillips reported $51.8 billion of revenue and $8.0 billion of net income in FY2025, versus $49.4 billion and $9.2 billion, respectively, in FY2024.
ConocoPhillips rose $3.84, or 3.37%, from $114.10 to $117.94 over the reported period. The stock rallied sharply from $114.10 on July 28 to $120.48 on July 31, then gave back $2.54 across August 3-4. The initial advance occurred alongside broad equity gains as Middle East tensions eased and markets anticipated progress toward reopening the Strait of Hormuz; the S&P 500 rose 1.48% on Monday and 1.79% on Tuesday in the cited sessions. Zacks also said higher oil prices improved COP’s Q2 earnings prospects. No COP-specific announcement or earnings result explains the reversal, which occurred as the broader market remained firm.