ConocoPhillips Company

ConocoPhillips today announced through its Australian subsidiary that it plans to become upstream operator of Australia Pacific LNG following the closing of EIG's transaction with Origin Energy. In connection with this announcement, ConocoPhillips has agreed to purchase up to an additional 2.49% shareholding interest in APLNG for $0.5 billion, subject to customary adjustments. ConocoPhillips currently holds a 47.5% APLNG [...]

ConocoPhillips will host a conference call webcast on Thursday, May 4, 2023, at 12:00 p.m. Eastern time to discuss first-quarter 2023 financial and operating results. The company's financial and operating results will be released before the market opens on May 4. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor [...]

Finalizes Joint Venture with ConocoPhillips Closes Non-Recourse Project Financing Announces Equity Participation by KKR Issues Final Notice to Proceed to Bechtel Sempra today announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP , reached a positive final investment decision for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas. Sempra [...]

ConocoPhillips welcomes the Department of the Interior's Record of Decision on the Willow project, adopting the three core pads detailed in the Bureau of Land Management preferred Alternative E. ConocoPhillips Alaska completed extensive preparations with key contractors and expects to immediately initiate gravel road construction activities. The company continues to review the ROD and will advance internal approval [...]

ConocoPhillips today reported fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share, compared with fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share. Excluding special items, fourth-quarter 2022 adjusted earnings were $3.4 billion, or $2.71 per share, compared with fourth-quarter 2021 adjusted earnings of $3.0 billion, or $2.27 per share. Special items for the current quarter were primarily [...]

ConocoPhillips will host its 2023 Analyst & Investor Meeting on Wednesday, April 12 beginning at 8:30 a.m. Eastern time in New York City. The meeting will feature presentations by ConocoPhillips executives, including Chairman and Chief Executive Officer Ryan Lance. A live webcast of the meeting will be made available on the ConocoPhillips Investor Relations website, www.conocophillips.com/investor. The event will be [...]

ConocoPhillips will host a conference call webcast on Thursday, Feb. 2, 2023, at 12:00 p.m. Eastern time to discuss fourth-quarter 2022 financial and operating results as well as 2023 guidance items. The company's financial and operating results will be released before the market opens on Feb. 2. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the [...]

ConocoPhillips and QatarEnergy today announced the signing of two agreements to supply long-term liquefied natural gas to Germany. The suppliers are joint venture companies established between ConocoPhillips and QatarEnergy to participate in the North Field East and North Field South projects, and the buyer is a wholly owned subsidiary of ConocoPhillips. First delivery is expected in 2026 to the recently announced German [...]

Sempra today announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips have executed a 20-year Sale and Purchase Agreement for 5 million tonnes per annum of liquefied natural gas from Phase 1 of the proposed Port Arthur LNG project under development in Jefferson County, Texas. The parties have also entered into an equity sale and purchase agreement whereby ConocoPhillips will acquire 30% of the equity in [...]

ConocoPhillips today reported third-quarter 2022 earnings of $4.5 billion, or $3.55 per share, compared with third-quarter 2021 earnings of $2.4 billion, or $1.78 per share. Excluding special items, third-quarter 2022 adjusted earnings were $4.6 billion, or $3.60 per share, compared with third-quarter 2021 adjusted earnings of $2.4 billion, or $1.77 per share. Special items for the current quarter were primarily driven by [...]