ConocoPhillips to Hold Fourth-Quarter Earnings Conference Call on Thursday, Feb. 6

ConocoPhillips (NYSE:COP) today announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company LLC to Shell Offshore Inc. and Shell Pipeline Company LP, subsidiaries of Shell plc, for $735 million subject to customary closing adjustments. The transaction also includes an overriding royalty interest in the Ursa Field. Proceeds from this transaction will be used for general corporate purposes. "Combined with previously announced dispositions, this transaction reflects our ongoing commitment to further strengthen our portfolio by divesting noncore assets and shows significant progress toward our $2 billion disposition target," said

ConocoPhillips (NYSE:COP) (the "Company") announced today that the Company has received exemptive relief from the applicable Canadian securities regulatory authorities regarding future filing requirements. The Company became a reporting issuer for Canadian securities law purposes by virtue of the acquisition of Marathon Oil Corporation in November 2024, which made the Company subject to Canadian continuous disclosure and other reporting obligations under applicable Canadian securities laws. Applicable Canadian securities regulatory authorities have issued a decision document (the "Decision") granting the Company exemptive relief from the requirements contained in Canada's National Instrum

Completed the acquisition of Marathon Oil, adding high-quality, low cost of supply inventory adjacent to the company's leading U.S. unconventional position. Reported fourth-quarter 2024 earnings per share of $1.90 and adjusted earnings per share of $1.98. Delivered 2024 preliminary reserve replacement ratio of 244% and preliminary organic reserve replacement ratio of 123%. Announced planned 2025 return of capital target of $10 billion at current commodity prices and declared first-quarter 2025 ordinary dividend of $0.78 per share. Provided 2025 guidance including full-year capital of approximately $12.9 billion. ConocoPhillips (NYSE:COP) today reported fourth-quarter 2024 ea

Raymond James downgraded ConocoPhillips from Strong Buy to Outperform and set a new price target of $124.00 from $157.00 previously

TD Cowen initiated coverage of ConocoPhillips with a rating of Buy and set a new price target of $125.00

Morgan Stanley initiated coverage of ConocoPhillips with a rating of Overweight and set a new price target of $128.00

4 - CONOCOPHILLIPS (0001163165) (Issuer)

4 - CONOCOPHILLIPS (0001163165) (Issuer)

4 - CONOCOPHILLIPS (0001163165) (Issuer)

4 - CONOCOPHILLIPS (0001163165) (Issuer)

4 - CONOCOPHILLIPS (0001163165) (Issuer)

PRE 14A - CONOCOPHILLIPS (0001163165) (Filer)

10-K - CONOCOPHILLIPS (0001163165) (Filer)

8-K - CONOCOPHILLIPS (0001163165) (Filer)

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE:TPL) will replace Marathon Oil Corp. (NYSE:MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE:MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE:AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE:COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r

ConocoPhillips (NYSE:COP) today announced that its board of directors has elected Ms. Nelda J. Connors to serve as a board member. Ms. Connors has more than 25 years of experience in the industrial and manufacturing industries. In 2011, she founded Pine Grove Holdings, LLC, where she currently serves as chair and chief executive officer, overseeing investments in small- and mid-sized businesses with a high engineering component. Prior to founding Pine Grove Holdings, Ms. Connors served as president and chief executive officer of Atkore International Group, Inc., from 2008 to 2010 while Atkore was a division of Tyco International, and from 2010 to 2011 following Atkore's spin-off as a sepa

SCOTTSDALE, Ariz., June 14, 2023 (GLOBE NEWSWIRE) -- Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Dennis V. Arriola as an independent director to its Board of Directors, as part of its board refreshment process. His appointment brings the Board of Directors to a total of 12. The Board plans to consider Mr. Arriola for appointment to one or more board committees over the course of the next several regularly scheduled board meetings. Mr. Arriola currently serves as an Operating Partner at Sandbrook Capital, a private equity firm focused on transforming energy infrastructure investments. Previously, he was the chief executi

ConocoPhillips (NYSE:COP) today announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company LLC to Shell Offshore Inc. and Shell Pipeline Company LP, subsidiaries of Shell plc, for $735 million subject to customary closing adjustments. The transaction also includes an overriding royalty interest in the Ursa Field. Proceeds from this transaction will be used for general corporate purposes. "Combined with previously announced dispositions, this transaction reflects our ongoing commitment to further strengthen our portfolio by divesting noncore assets and shows significant progress toward our $2 billion disposition target," said

Completed the acquisition of Marathon Oil, adding high-quality, low cost of supply inventory adjacent to the company's leading U.S. unconventional position. Reported fourth-quarter 2024 earnings per share of $1.90 and adjusted earnings per share of $1.98. Delivered 2024 preliminary reserve replacement ratio of 244% and preliminary organic reserve replacement ratio of 123%. Announced planned 2025 return of capital target of $10 billion at current commodity prices and declared first-quarter 2025 ordinary dividend of $0.78 per share. Provided 2025 guidance including full-year capital of approximately $12.9 billion. ConocoPhillips (NYSE:COP) today reported fourth-quarter 2024 ea

ConocoPhillips (NYSE:COP) will host a conference call webcast on Thursday, Feb. 6, 2025, at 12:00 p.m. Eastern time to discuss fourth-quarter 2024 financial and operating results as well as 2025 guidance items. The company's financial and operating results will be released before the market opens on Feb. 6. The accounting close date for the recently acquired Marathon Oil will be Dec. 1, 2024. To access the webcast, visit ConocoPhillips' Investor Relations site, http://www.conocophillips.com/investor, and click on the "Register" link in the Investor Presentations section. You should register at least 15 minutes prior to the start of the webcast. The event will be archived and available f

SC 13G/A - CONOCOPHILLIPS (0001163165) (Subject)

SC 13G/A - CONOCOPHILLIPS (0001163165) (Subject)

SC 13G/A - CONOCOPHILLIPS (0001163165) (Subject)