ConocoPhillips will host a conference call webcast on Thursday, May 5, 2022, at 12:00 p.m. Eastern time to discuss first-quarter 2022 financial and operating results. The company's financial and operating results will be released before the market opens on May 5. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor [...]
ConocoPhillips announced today the expiration and final results of its two pools of Exchange Offers as detailed below. COP and certain of its subsidiaries have offered to exchange four series of notes issued by COP, ConocoPhillips Company and Burlington Resources LLC as described in the table below for a combination of cash and new 4.025% notes due 2062 issued by CPCo . The following table sets forth the aggregate [...]
ConocoPhillips announced today the pricing terms with respect to its private offer to exchange four series of notes issued by COP, ConocoPhillips Company and Burlington Resources LLC as described in the table below for a combination of cash and a new series of CPCo's senior notes due 2062 . For each $1,000 principal amount of Pool 1 Notes validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time [...]
ConocoPhillips announced today the pricing terms of the previously announced tender offer by ConocoPhillips and its wholly-owned subsidiary, Concho Resources Inc. , to purchase the outstanding debt securities identified in the Company's Offer to Purchase dated February 22, 2022 . The Tender Offer was previously amended to increase the Maximum Aggregate Purchase Price to an amount sufficient to permit the Company to accept [...]
ConocoPhillips announced today the early results of its two pools of Exchange Offers as detailed below. COP and certain of its subsidiaries have offered to exchange four series of notes issued by COP, ConocoPhillips Company and Burlington Resources LLC as described in the table below for a combination of cash and a new series of CPCo's senior notes due 2062 . The aggregate principal amount of Pool 1 Notes that are [...]
ConocoPhillips announced today the early results of the previously announced tender offer of ConocoPhillips and its wholly-owned subsidiary, Concho Resources Inc. , to purchase the outstanding debt securities identified in the table below . ConocoPhillips further announced that the Company intended to accept for purchase, in accordance with the terms and conditions of the Offer to Purchase dated February 22, 2022 , all [...]
ConocoPhillips announced today that it has completed the sale of the subsidiary that indirectly owns its 54% interest in the Indonesia Corridor Block Production Sharing Contract and a 35% shareholding interest in the Transasia Pipeline Company to MedcoEnergi for $1.355 billion, with an effective date of Jan. 1, 2021. After customary closing adjustments, net cash from the sale is approximately $0.8 billion, which accounts [...]
ConocoPhillips announced today that it is commencing a private offer to exchange four series of notes issued by COP, ConocoPhillips Company and Burlington Resources LLC as described in the table below for a combination of cash and a new series of CPCo's senior notes due 2062 . The aggregate principal amount of Pool 1 Notes of each series that are accepted for exchange will be based on the order of acceptance priority for [...]
ConocoPhillips announced today that it is commencing a private offer to exchange four series of notes issued by COP, ConocoPhillips Company and Burlington Resources LLC as described in the table below for a combination of cash and a new series of CPCo's senior notes due 2062 . The aggregate principal amount of Pool 1 Notes of each series that are accepted for exchange will be based on the order of acceptance priority for [...]
ConocoPhillips announced today that ConocoPhillips and its wholly-owned subsidiary, Concho Resources Inc. , have commenced a cash tender offer to purchase outstanding notes listed in the table below having an aggregate purchase price of up to $1.8 billion , in the order of priority shown in the table below. Acceptance Priority Level CUSIP / ISIN Title of Security Purchaser Original Issuer Aggregate Principal Amount [...]
ConocoPhillips today announced through its Australian subsidiary that it has completed the purchase of an additional 10% shareholding interest in Australia Pacific LNG from Origin Energy for $1.645 billion. After customary closing adjustments, cash paid for the additional interest is approximately $1.4 billion . The transaction resulted from the exercise of ConocoPhillips' preemption right and is funded from cash on the [...]
ConocoPhillips today reported fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share, compared with a fourth-quarter 2020 loss of $0.8 billion, or per share. Excluding special items, fourth-quarter 2021 adjusted earnings were $3.0 billion, or $2.27 per share, compared with a fourth-quarter 2020 adjusted loss of $0.2 billion, or per share. Special items for the current quarter were primarily comprised of non-cash [...]