ConocoPhillips Company

ConocoPhillips announced today the early results of the previously announced tender offer of ConocoPhillips and its wholly-owned subsidiary, Concho Resources Inc. , to purchase the outstanding debt securities identified in the table below . ConocoPhillips further announced that the Company intended to accept for purchase, in accordance with the terms and conditions of the Offer to Purchase dated February 22, 2022 , all [...]

ConocoPhillips announced today that it has completed the sale of the subsidiary that indirectly owns its 54% interest in the Indonesia Corridor Block Production Sharing Contract and a 35% shareholding interest in the Transasia Pipeline Company to MedcoEnergi for $1.355 billion, with an effective date of Jan. 1, 2021. After customary closing adjustments, net cash from the sale is approximately $0.8 billion, which accounts [...]

ConocoPhillips announced today that it is commencing a 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 . The aggregate principal amount of Pool 1 Notes of each series that are accepted for exchange will be based on the order of acceptance priority for [...]

ConocoPhillips announced today that it is commencing a 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 . The aggregate principal amount of Pool 1 Notes of each series that are accepted for exchange will be based on the order of acceptance priority for [...]

ConocoPhillips announced today that ConocoPhillips and its wholly-owned subsidiary, Concho Resources Inc. , have commenced a cash tender offer to purchase outstanding notes listed in the table below having an aggregate purchase price of up to $1.8 billion , in the order of priority shown in the table below. Acceptance Priority Level CUSIP / ISIN Title of Security Purchaser Original Issuer Aggregate Principal Amount [...]

ConocoPhillips today announced through its Australian subsidiary that it has completed the purchase of an additional 10% shareholding interest in Australia Pacific LNG from Origin Energy for $1.645 billion. After customary closing adjustments, cash paid for the additional interest is approximately $1.4 billion . The transaction resulted from the exercise of ConocoPhillips' preemption right and is funded from cash on the [...]

ConocoPhillips today reported fourth-quarter 2021 earnings of $2.6 billion, or $1.98 per share, compared with a fourth-quarter 2020 loss of $0.8 billion, or per share. Excluding special items, fourth-quarter 2021 adjusted earnings were $3.0 billion, or $2.27 per share, compared with a fourth-quarter 2020 adjusted loss of $0.2 billion, or per share. Special items for the current quarter were primarily comprised of non-cash [...]

Chesapeake Energy Corp. today announced that Josh Viets has been appointed Executive Vice President and Chief Operating Officer, effective February 1, 2022. "Josh has been at the forefront of how our industry is evolving for the future, and I am excited to welcome him to the Chesapeake team," said Nick Dell'Osso, Chesapeake's President and Chief Executive Officer. "As we refocus our portfolio around our strongest assets [...]

ConocoPhillips will host a conference call webcast on Thursday, Feb. 3, 2022, at 12:00 p.m. Eastern time to discuss fourth-quarter 2021 financial and operating results. The company's financial and operating results will be released before the market opens on Feb. 3. To access the webcast, visit ConocoPhillips' Investor Relations site, www.conocophillips.com/investor, and click on the "Register" link in the Investor [...]

ConocoPhillips today announced two transactions intended to core up the important Asia-Pacific segment of its diverse global portfolio. The company announced it has entered into an agreement to sell the subsidiary that indirectly owns the company's 54% interest in the Indonesia Corridor Block Production Sharing Contract and a 35% shareholding interest in the Transasia Pipeline Company. The sale to MedcoEnergi for $1.355 [...]