ConocoPhillips (NYSE: COP) today reported a second-quarter 2016 net loss of $1.1 billion, or ($0.86) per share, compared with a second-quarter 2015 net loss of $179 million, or ($0.15) per share. Excluding special items, second-quarter 2016 adjusted earnings were a net loss of $985 million, or ($0.79) per share, compared with second-quarter 2015 adjusted earnings of $81 million, or $0.07 per share. Special items for the [...]
ConocoPhillips (NYSE: COP) today announced it has entered into an agreement to sell its 35 percent interest in three exploration blocks offshore Senegal, which include the SNE and FAN discoveries. The agreement, which is through subsidiaries of ConocoPhillips and Australia’s Woodside Petroleum Ltd. (ASX: WPL), is for $350 million plus net customary adjustments of approximately $80 million. The transaction is subject [...]
ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 25 cents per share, payable Sept. 1, 2016, to stockholders of record at the close of business on July 25, 2016. --- # # # --- 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 21 countries, $20 [...]
ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, July 28, 2016, at 12:00 p.m. EDT to discuss second-quarter 2016 financial and operating results. The company’s earnings will be released before the market opens on July 28. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor [...]
ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 25 cents per share, payable June 1, 2016, to stockholders of record at the close of business on May 20, 2016. --- # # # --- 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 21 countries, $20 [...]
ConocoPhillips (NYSE:COP) today reported a first-quarter 2016 net loss of $1.5 billion, or ($1.18) per share, compared with first-quarter 2015 earnings of $272 million, or $0.22 per share. Excluding special items, first-quarter 2016 adjusted earnings were a net loss of $1.2 billion, or ($0.95) per share, compared with a first-quarter 2015 adjusted net loss of $222 million, or ($0.18) per share. Special items for the [...]
Great teachers inspire students and shape their future. That's why ConocoPhillips is teaming up for the second year with the Houston Astros to recognize Houston-area math teachers who go above and beyond to help their students excel. The ConocoPhillips Math Teacher of the Month program recognizes teachers for their commitment to exceed expectations in support of students in their classrooms. Every month during the [...]
ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, April 28, 2016, at 12:00 p.m. EDT to discuss first-quarter 2016 financial and operating results. The company’s earnings will be released before the market opens on April 28. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor [...]
ConocoPhillips (NYSE: COP) today announced the retirement of Jeff Sheets as executive vice president, Finance and chief financial officer after more than 35 years with ConocoPhillips. In conjunction with Sheets’ retirement, the company also announced several executive leadership changes to realign responsibilities. The executive leadership changes are summarized below: This Smart News Release features multimedia [...]
ConocoPhillips (NYSE: COP) today announced it is taking actions to maintain its strong balance sheet in response to both the weak outlook for commodity prices and expected credit tightening across the industry. The actions will position the company to accelerate shareholder value creation as prices recover. Dividend and Operating Plan Actions The company announced that its board of directors approved a reduction in the [...]
ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, Feb. 4, 2016, at 12:00 p.m. EST to discuss fourth-quarter 2015 and full-year 2015 financial and operating results. The company’s earnings will be released before the market opens on Feb. 4. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the [...]
ConocoPhillips (NYSE:COP) today announced that the first cargo of liquefied natural gas (LNG) has departed from the Australia Pacific LNG (APLNG) facility on Curtis Island in Queensland, Australia. “This is a significant milestone for our company and we are proud to have safely loaded the first cargo from APLNG,” said Ryan Lance, chairman and chief executive officer. “The project is expected to deliver [...]
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