On the heels of the U.S. government's recent lifting of the federal ban on the export of crude oil produced in the United States, NuStar Energy (NYSE: NS) and ConocoPhillips (NYSE: COP) announce they are loading what they believe to be the nation's first export cargo of U.S.-produced light crude oil since the 40-year-old ban was lifted on December 18. ConocoPhillips committed to sell Eagle Ford light crude oil/condensate [...]
ConocoPhillips (NYSE: COP) today announced its 2016 operating plan. Key highlights from the plan include: $7.7 billion capital budget; 1 to 3 percent production growth, adjusted for asset sales; and $7.7 billion of operating costs. Chairman and Chief Executive Officer Ryan Lance commented, “We’re setting an operating plan for 2016 that recognizes the current environment, which remains challenging. We are [...]
ConocoPhillips (NYSE: COP) will host a conference call webcast at 10:00 a.m. EST on Thursday, Dec. 10, 2015 to discuss its 2016 capital budget and operating plan. The operating plan review will include details on capital, production, operating costs and financial priorities. The company will release its 2016 capital budget and operating plan before the market opens on Dec. 10. To access the webcast, visit [...]
Lace up your running shoes – or boots – and register today to help raise money for education. The ConocoPhillips Rodeo Run will be held Feb. 27, 2016. During the past 28 years, the event has provided hundreds of scholarships through the Houston Livestock Show and Rodeo™ (HLSR) Educational Fund, totaling more than $4.5 million. This Smart News Release features multimedia. View the full release here [...]
ConocoPhillips (NYSE: COP) today announced that Matt Fox, executive vice president, Exploration and Production, will speak at the Bank of America Merrill Lynch 2015 Global Energy Conference on Tuesday, Nov. 10 at 10:30 a.m. EST. 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 [...]
ConocoPhillips (NYSE:COP) today reported a third-quarter 2015 net loss of $1.1 billion, or ($0.87) per share, compared with third-quarter 2014 earnings of $2.7 billion, or $2.17 per share. Excluding special items, third-quarter 2015 adjusted earnings were a net loss of $466 million, or ($0.38) per share, compared with third-quarter 2014 adjusted earnings of $1.6 billion, or $1.29 per share. Special items for the current [...]
ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 74 cents per share, payable Dec. 1, 2015 to stockholders of record at the close of business on Oct. 19, 2015. --- # # # --- 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 25 countries, $32 [...]
ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, Oct. 29, 2015, at 12:00 p.m. EDT to discuss third-quarter 2015 financial and operating results. The company’s earnings will be released before the market opens on Oct. 29. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations [...]
ConocoPhillips (NYSE: COP) safely delivered first oil at its Surmont 2 in-situ oil sands facility in Canada, marking a significant milestone for the megaproject. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150901005331/en/ Surmont (Photo: Business Wire) “The oil sands are an important part of our portfolio,” said Ryan Lance, chairman and [...]
ConocoPhillips (NYSE: COP) today announced that Ryan Lance, chairman and CEO, will speak at the Barclays CEO Energy-Power Conference in New York City on Wednesday, Sept. 9 at 9:45 a.m. EDT. This presentation will include an overview of the company’s business strategy and financial priorities. A live audio webcast of the presentation can be accessed at www.conocophillips.com/investor. An archived replay, presentation [...]
ConocoPhillips (NYSE:COP) today reported a second-quarter 2015 net loss of $179 million, or ($0.15) per share, compared with second-quarter 2014 earnings of $2.1 billion, or $1.67 per share. Excluding special items, second-quarter 2015 adjusted earnings were $81 million, or $0.07 per share, compared with second-quarter 2014 adjusted earnings of $2.0 billion, or $1.61 per share. Special items for the current quarter [...]
ConocoPhillips (NYSE: COP) today announced an increase in its quarterly dividend from $0.73 per share to $0.74 per share, payable on Sept. 1, 2015 to stockholders of record at the close of business on July 27, 2015. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150716006471/en/ Ryan Lance, ConocoPhillips Chairman and Chief Executive Officer (Photo [...]