ConocoPhillips today announced that its board of directors has elected Mr. Dennis V. Arriola to serve as a board member. Mr. Arriola has spent more than 28 years in the energy sector, most recently serving as chief executive officer of Avangrid, Inc. Prior to joining Avangrid, Mr. Arriola served as executive vice president and group president and chief sustainability officer at Sempra Energy. Throughout his career, Mr [...]
ConocoPhillips today reported second-quarter 2022 earnings of $5.1 billion, or $3.96 per share, compared with second-quarter 2021 earnings of $2.1 billion, or $1.55 per share. Excluding special items, second-quarter 2022 adjusted earnings were $5.1 billion, or $3.91 per share, compared with second-quarter 2021 adjusted earnings of $1.7 billion, or $1.27 per share. Special items for the current quarter were comprised of [...]
Three leading U.S. oil and natural gas producing companies, Pioneer Natural Resources Company , Devon Energy Corp. and ConocoPhillips , jointly announced today that they have joined the Oil and Gas Methane Partnership 2.0 Initiative. The initiative's mission is to improve the industry's transparency in methane emissions reporting and encourage progress in reducing those emissions. The companies' membership in OGMP 2.0 [...]
Provides comprehensive framework to develop Port Arthur LNG Advances broad collaboration on the development of ECA LNG Phase 2 Provides for cooperation on associated carbon sequestration and low-carbon hydrogen opportunities Sempra today announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips have entered into a heads of agreement to develop Sempra Infrastructure's Port Arthur LNG project and jointly [...]
ConocoPhillips today announced a potentially significant expansion of its global liquefied natural gas business through investment in a new large-scale LNG facility under development by Sempra Infrastructure, a subsidiary of Sempra , in Jefferson County, Texas. ConocoPhillips has entered into a Heads of Agreement with Sempra to acquire a 30% direct equity holding in Port Arthur Liquefaction Holdings, LLC and an LNG [...]
ConocoPhillips will host a conference call webcast on Thursday, Aug. 4, 2022, at 12:00 p.m. Eastern time to discuss second-quarter 2022 financial and operating results. The company's financial and operating results will be released before the market opens on Aug. 4. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor [...]
ConocoPhillips today reported first-quarter 2022 earnings of $5.8 billion, or $4.39 per share, compared with first-quarter 2021 earnings of $1.0 billion, or $0.75 per share. Excluding special items, first-quarter 2022 adjusted earnings were $4.3 billion, or $3.27 per share, compared with first-quarter 2021 adjusted earnings of $0.9 billion, or $0.69 per share. Special items for the current quarter were primarily comprised [...]
ConocoPhillips today announced that Tim Leach, previously executive vice president, Lower 48, has become advisor to the chief executive officer, effective May 1, 2022. In addition to his new role, Leach will continue serving as a member of the company's board of directors. In conjunction with this change, the company also announced that Jack Harper, previously president, Permian for ConocoPhillips, and former president of [...]
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 [...]
+200,00 %
-39,76 %
