The company had said previously that output in the quarter would slip.
ConocoPhillips cited benchmark oil price data that showed crude prices nearly doubled in the quarter from the previous year and rose nearly $25 from the first quarter.
The Houston-based company also said that while benchmark refinery margins improved in the second quarter versus the first quarter, its profits were hurt by the negative impact from secondary products, such as fuel oil, natural gas liquids and petroleum coke.
It