ConocoPhillips Company

ConocoPhillips announced today that ConocoPhillips and its wholly-owned subsidiary, ConocoPhillips Company , have increased the aggregate purchase price that they intend to purchase in the previously announced cash tender offer to $1.1 billion from $750.0 million. This increase in the Maximum Aggregate Purchase Price matches the expected aggregate gross proceeds from the concurrent public offering of CPCo senior debt [...]

ConocoPhillips announced today that ConocoPhillips and its wholly-owned subsidiary, ConocoPhillips Company , have commenced a cash tender offer to purchase outstanding notes listed in the table below having an aggregate purchase price of up to $750.0 million , in the order of priority shown in the table below. Acceptance Priority Level CUSIP / ISIN Title of Security Purchaser Issuer Aggregate Principal Amount Outstanding [...]

ConocoPhillips today reported first-quarter 2023 earnings and adjusted earnings of $2.9 billion, or $2.38 per share, compared with first-quarter 2022 earnings of $5.8 billion, or $4.39 per share, and first-quarter 2022 adjusted earnings of $4.3 billion, or $3.27 per share. "Our first quarter results are a clear demonstration of the durable, returns-focused value proposition that we laid out at our recent analyst and [...]

ConocoPhillips is hosting an Analyst & Investor Meeting today to outline details of a compelling operating and financial plan that features durable returns and cash flow growth for decades to come, while further describing the company's valued role in the energy transition. "Today I'm pleased to once again share a 10-year plan that provides a combination of industry-leading returns and cash flow growth, driven by our [...]

ConocoPhillips today announced through its Australian subsidiary that it plans to become upstream operator of Australia Pacific LNG following the closing of EIG's transaction with Origin Energy. In connection with this announcement, ConocoPhillips has agreed to purchase up to an additional 2.49% shareholding interest in APLNG for $0.5 billion, subject to customary adjustments. ConocoPhillips currently holds a 47.5% APLNG [...]

ConocoPhillips will host a conference call webcast on Thursday, May 4, 2023, at 12:00 p.m. Eastern time to discuss first-quarter 2023 financial and operating results. The company's financial and operating results will be released before the market opens on May 4. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor [...]

Finalizes Joint Venture with ConocoPhillips Closes Non-Recourse Project Financing Announces Equity Participation by KKR Issues Final Notice to Proceed to Bechtel Sempra today announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP , reached a positive final investment decision for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. Sempra [...]

ConocoPhillips welcomes the Department of the Interior's Record of Decision on the Willow project, adopting the three core pads detailed in the Bureau of Land Management preferred Alternative E. ConocoPhillips Alaska completed extensive preparations with key contractors and expects to immediately initiate gravel road construction activities. The company continues to review the ROD and will advance internal approval [...]

ConocoPhillips today reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share, compared with fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share. Excluding special items, fourth-quarter 2022 adjusted earnings were $3.4 billion, or $2.71 per share, compared with fourth-quarter 2021 adjusted earnings of $3.0 billion, or $2.27 per share. Special items for the current quarter were primarily [...]

ConocoPhillips will host its 2023 Analyst & Investor Meeting on Wednesday, April 12 beginning at 8:30 a.m. Eastern time in New York City. The meeting will feature presentations by ConocoPhillips executives, including Chairman and Chief Executive Officer Ryan Lance. A live webcast of the meeting will be made available on the ConocoPhillips Investor Relations website, www.conocophillips.com/investor. The event will be [...]