ConocoPhillips today provided an update on its operating plan for Alaska, focusing on the company’s long history of creating value in the state and an ongoing commitment to invest in low cost of supply opportunities. Over the past few years, the company’s Alaska business has undergone a significant transformation, driven by a more competitive fiscal framework, cost reductions, technological advancements and an [...]
ConocoPhillips today announced a 50 percent increase in its planned 2018 share repurchase program, from $2 billion to $3 billion. The company expects to fully fund this year’s $3 billion program, as well as its dividend and capital expenditures, with cash from operations. The 2018 expansion to $3 billion, combined with the $3 billion of shares repurchased during 2016 and 2017, will fully utilize the board of [...]
ConocoPhillips today announced a quarterly dividend of 28.5 cents per share, payable Sept. 4, 2018, to stockholders of record at the close of business on July 23, 2018. --- # # # --- About ConocoPhillips ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 17 countries, $71 billion of [...]
ConocoPhillips today announced that its board of directors has elected Mr. Jeffrey A. Joerres to serve as a board member. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180711005514/en/ Mr. Jeffrey Joerres Mr. Joerres served as chief executive officer of ManpowerGroup Inc. from 1999 to 2014, as chairman of the board from 2001 to 2014, and as executive chairman [...]
ConocoPhillips will host a conference call webcast on Thursday, July 26, 2018 at 12:00 p.m. EDT to discuss second-quarter 2018 financial and operating results. The company’s financial and operating results will be released before the market opens on July 26. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor [...]
ConocoPhillips today announced that it has entered into an agreement to sell a ConocoPhillips subsidiary to BP for an undisclosed price. The subsidiary will hold a 16.5 percent interest in the BP-operated Clair Field, with ConocoPhillips retaining a 7.5 percent interest in the field. The sale is subject to regulatory approval. ConocoPhillips also announced it has entered into simultaneous agreements to acquire BP’s [...]
ConocoPhillips announced today the pricing terms of the previously announced tender offer by ConocoPhillips and its wholly-owned subsidiary, ConocoPhillips Company , to purchase up to $1.80 billion in aggregate principal amount of the outstanding debt securities identified in the Company’s Offer to Purchase dated May 23, 2018 . The Tender Offer was previously amended to increase the aggregate principal amount of [...]
ConocoPhillips announced today the early results of the previously announced tender offer of ConocoPhillips and its wholly-owned subsidiary, ConocoPhillips Company , to purchase outstanding debt securities identified in the table below . ConocoPhillips further announced that it has increased the combined aggregate principal amount of the Notes that it intends to purchase in the Tender Offer from $1.75 billion to $1.80 [...]
ConocoPhillips today announced that approvals have been obtained for the previously announced bolt-on acquisition of Anadarko Petroleum Corporation’s 22 percent lease interests in the Western North Slope of Alaska. ConocoPhillips now has 100 percent interest in approximately 1.2 million acres of exploration and development lands, including the Willow discovery. Approval of the assignment of the lease interests was [...]
ConocoPhillips announced today that ConocoPhillips and its wholly-owned subsidiary, ConocoPhillips Company have commenced a cash tender offer to purchase up to $1.75 billion in aggregate principal amount of outstanding notes listed in the table below , in the order of priority shown in the table below. Acceptance Priority Level CUSIP/ISIN Title of Security Purchaser Original Issuer Aggregate Principal Amount Outstanding [...]
ConocoPhillips today announced that Ryan Lance, chairman and chief executive officer, will speak at the Bernstein 2018 Strategic Decisions Conference on Thursday, May 31 at 11:00 a.m. EDT. Investors can access a live audio webcast of the presentation at www.conocophillips.com/investor. An archived replay, presentation slides and a transcript of the webcast will be available shortly after the presentation [...]
ConocoPhillips today announced a quarterly dividend of 28.5 cents per share, payable June 1, 2018, to stockholders of record at the close of business on May 14, 2018. --- # # # --- About ConocoPhillips ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 17 countries, $71 billion of [...]