ConocoPhillips Company

ConocoPhillips (NYSE:COP) today reported third-quarter 2014 earnings of $2.7 billion, or $2.17 per share, compared with third-quarter 2013 earnings of $2.5 billion, or $2.00 per share. Excluding special items, third-quarter 2014 adjusted earnings were $1.6 billion, or $1.29 per share, compared with third-quarter 2013 adjusted earnings of $1.8 billion, or $1.47 per share. Special items for the current quarter primarily [...]

ConocoPhillips (NYSE: COP) today announced it has filed for arbitration under the rules of the International Chamber of Commerce (ICC) against Petroleos de Venezuela (PDVSA), the Venezuela state oil company, for contractual compensation related to the Petrozuata and Hamaca heavy crude oil projects. ICC arbitration is a separate and independent legal action from the investment treaty arbitration against the government of [...]

ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, Oct. 30, 2014, at 12:00 p.m. EDT to discuss third-quarter 2014 financial and operating results. The company’s earnings will be released before the market opens on Oct. 30. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section [...]

ConocoPhillips (NYSE:COP) today confirmed the start of oil production from the Gumusut-Kakap Floating Production Facility, located approximately 75 miles offshore Sabah, Malaysia. “The startup of the Gumusut-Kakap project is an important milestone for ConocoPhillips,” said Matt Fox, executive vice president, Exploration and Production. “It joins Siakap North-Petai as the second major Malaysian project startup in 2014 [...]

ConocoPhillips (NYSE: COP) today confirmed that oil was discovered in the FAN-1 exploration well, located approximately 60 miles offshore Senegal. Further evaluation is required in order to determine commerciality. “The preliminary results at FAN-1 are encouraging,” said Larry Archibald, senior vice president, Exploration. “We believe the positive result reinforces our global exploration strategy of getting into the [...]

ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 73 cents per share, payable Dec. 1, 2014, to stockholders of record at the close of business on Oct. 14, 2014. --- # # # --- 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 27 countries, $58 [...]

ConocoPhillips (NYSE: COP) today announced that Ryan Lance, chairman and CEO, will speak to investors and securities analysts at the Barclays CEO Energy-Power Conference in New York City on Wednesday, Sept. 3 at 9:05 a.m. EDT. Ryan Lance, ConocoPhillips Chairman and Chief Executive Officer (Photo: Business Wire) This presentation will include an overview of the company’s business strategies, key programs and [...]

ConocoPhillips (NYSE:COP) today reported second-quarter 2014 earnings of $2.1 billion, or $1.67 per share, compared with second-quarter 2013 earnings of $2.1 billion, or $1.65 per share. Excluding special items, second-quarter 2014 adjusted earnings were $2.0 billion, or $1.61 per share, compared with second-quarter 2013 adjusted earnings of $1.8 billion, or $1.41 per share. Special items for the current quarter primarily [...]

ConocoPhillips (NYSE: COP) today announced it has completed the transaction with Oando Energy Resources (OER), a subsidiary of Oando PLC, for the sale of its Nigeria upstream business for a total sales price, after customary adjustments, of $1.5 billion. The sales price is inclusive of $550 million of deposits received, approximately $900 million received at closing, plus $33 million in deferred payments. The sales price [...]

ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, July 31, 2014, at 12:00 p.m. EDT to discuss second-quarter 2014 financial and operating results. The company’s earnings will be released before the market opens on July 31. To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section [...]