ConocoPhillips provided production guidance for the fourth quarter of 2025 and raised production guidance for the full year of 2025. For the quarter, the company expects production to be between 2.30 million barrels of oil equivalent per day (MMBOED) to 2.34 million barrels of oil equivalent per day (MMBOED).
For the full-year, the company announced production guidance has been raised to 2.375 MMBOED, compared to prior guidance of 2.35 MMBOED to 2.37 MMBOED.
ConocoPhillips specializes in exploring and producing hydrocarbons. Net sales break down by family of products as follows:
- crude oil (71.2%): 969,000 barrels produced per day in 2024;
- natural gas (11.8%): 62.3 million m3 produced per day;
- liquefied natural gas (5.3%): 304,000 barrels produced per day;
- other (11.7%).
Net sales are distributed geographically as follows: the United States (79.4%), Canada (6.2%), Norway (4.4%), the United Kingdom (3.3%), Libya (3.1%), China (1.7%), Malaysia (1.7%) and other (0.2%).
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