ConocoPhillips (COP) beats Q3, hikes dividend 8%, lifts 2025 output; Willow budget raised to up to $9B — Nov. 6, 2025
ConocoPhillips beat third-quarter profit forecasts with adjusted EPS of $1.61, raised its full-year production guidance, and increased its quarterly dividend by 8% to $0.84 per share. The company cut 2025 cost guidance and set Willow project costs at $8.5–$9.0 billion. Preliminary 2026 guidance showed lower planned capital and operating costs with flat-to-modest production growth.