Highest-materiality recent filing
Ryan Lance retires as President/CEO, becomes Executive Chair effective Sept 1, 2026; Andy O'Brien named President/CEO and board member.
ConocoPhillips Q2 2026 EPS $3.23 vs $1.56 YoY; doubles share repurchases to $2B
Q2 2026 earnings $3.9B ($3.23/sh) vs $2.0B ($1.56/sh) YoY; adjusted EPS $3.24.
ConocoPhillips General Counsel Kelly B. Rose to retire effective Sept 1, 2026
Kelly B. Rose, Senior Vice President, Legal, General Counsel and Corporate Secretary, announced retirement.
All 13 nominated directors elected with votes for ranging from ~946M to ~973M; broker non-votes ~109M on each.
ConocoPhillips Q1 EPS $1.78 vs $2.23 YoY; production down; Qatar excluded from Q2 guidance
Reported EPS $1.78, adjusted EPS $1.89; Q1 2025 EPS $2.23.
ConocoPhillips Q4 EPS $1.17 vs $1.90 YoY; guides 2026 capex ~$12B, production 2.33-2.36 MMBOED
Q4 GAAP EPS $1.17, adjusted EPS $1.02; full-year 2025 GAAP EPS $6.35, adjusted $6.16 (down >25% YoY).
ConocoPhillips Q3 adjusted EPS $1.61 misses prior year; raises dividend 8%, updates 2026 guidance
Q3 2025 GAAP EPS $1.38 (vs $1.76 YoY); adjusted EPS $1.61 (vs $1.78). Revenue $15.5B.
Q2 2025 GAAP EPS $1.56, adjusted EPS $1.42; vs Q2 2024 GAAP EPS $1.98.
ConocoPhillips elects Kathleen McGinty to board; size increases to 13 directors
Kathleen McGinty, VP and chief sustainability officer at Johnson Controls, elected to ConocoPhillips board effective July 1, 2025.
ConocoPhillips annual meeting: supermajority elimination fails; directors elected
All 12 director nominees elected; highest vote against was 53.4M for David T. Seaton.
ConocoPhillips Q1 EPS $2.23/$2.09 adj; lowers FY capex guidance; CFO Bullock to retire
Net income $2.8B ($2.23 diluted EPS); adjusted EPS $2.09 vs $2.03 YoY.
ConocoPhillips Q4 EPS $1.90 (adj. $1.98); FY 2025 capex $12.9B, $10B return target
Q4 2024 GAAP EPS $1.90, adjusted $1.98; full-year GAAP EPS $7.81, adjusted $7.79.
Christopher P. Delk will retire as VP, Controller and General Tax Counsel effective March 1, 2025.
ConocoPhillips completes exchange of Marathon notes, issues $862M new notes
All validly tendered Existing Marathon Notes accepted for exchange; retired and cancelled.
Upsized Maximum Offer Reference Amount from $4B to ~$4.05B to accept all priority 1-7 notes.
ConocoPhillips subsidiary issues $5.2B in notes (4.700%-5.650%) due 2030-2065
CPCo issued $1.35B 4.700% Notes due 2030, $650M 4.850% Notes due 2032, $1.25B 5.000% Notes due 2035.
ConocoPhillips launches debt tender and exchange offers for up to $4B post-Marathon close
ConocoPhillips Company commenced cash tender offers to purchase up to $4B aggregate of certain notes, including Marathon Oil notes.
ConocoPhillips closes Marathon Oil acquisition; expects >$1B run-rate synergies
Each MRO share converted to 0.255 COP shares; deal effective Nov 22, 2024.
ConocoPhillips Q3 adj. EPS $1.78; raises dividend 34%, buyback auth. +$20B
Q3 2024 adjusted EPS $1.78 vs. $2.16 YoY; net income $2.1B; revenue $13.6B.
ConocoPhillips appoints Nelda J. Connors to board, expands to 12 members
Board increased from 11 to 12 members; Connors elected effective September 3, 2024.
ConocoPhillips Q2 2024 adj EPS $1.98 (up 7.6% YoY); raises production guidance, boosts dividend 34%
Q2 adjusted earnings $2.3B ($1.98/share) vs $2.2B ($1.84/share) YoY; revenue $13.6B.
ConocoPhillips and Marathon receive FTC Second Request; expect Q4 2024 close
FTC issued Second Request for additional info on July 11, 2024, extending HSR waiting period.
ConocoPhillips director Eric D. Mullins resigns effective June 26, 2024
Eric D. Mullins resigned from the Board on June 26, 2024.
ConocoPhillips acquires Marathon Oil in all-stock merger; 0.255 COP shares per MRO share
Each Marathon share to be exchanged for 0.255 ConocoPhillips shares in all-stock merger.
ConocoPhillips shareholders approve simple-majority vote proposal at 2024 annual meeting
12 director nominees elected; Robert A. Niblock had highest against vote at ~175M shares (18.9% of votes cast).
ConocoPhillips Q1 EPS $2.15, adj. $2.03, down from $2.38; revenue $13.8B
Q1 net income $2.6B ($2.15 diluted EPS) vs $2.9B ($2.38) YoY; adjusted EPS $2.03.
ConocoPhillips EVP Dominic Macklon to retire May 1, 2024 for family medical reasons
Dominic Macklon, EVP Strategy, Sustainability and Technology, retiring effective May 1, 2024 due to family medical reasons.
ConocoPhillips Q4 2023 adjusted EPS $2.40 vs $2.71 YoY; FY 2024 return of capital target $9B
Q4 2023 adjusted earnings $2.9B ($2.40/share) vs Q4 2022 adjusted $3.4B ($2.71/share); GAAP EPS $2.52.
ConocoPhillips Q3 earns $2.8B ($2.32 EPS); raises quarterly dividend 14% to $0.58; record production
Q3 2023 earnings $2.8B ($2.32 diluted EPS), adjusted $2.6B ($2.16 EPS), down from $4.5B ($3.55) in Q3 2022.
ConocoPhillips subsidiary issues $2.7B of senior notes across three tranches
CPCo issued $1B of 5.050% Notes due 2033, $1B of 5.550% Notes due 2054, and $700M of 5.700% Notes due 2063.
ConocoPhillips Q2 earnings drop to $2.2B, but production record; raises FY guidance
Q2 2023 earnings $2.2B ($1.84/share) vs Q2 2022 $5.1B ($3.96/share); adjusted also $2.2B.
ConocoPhillips subsidiary prices $1.1B of 5.300% Notes due 2053
ConocoPhillips Company issued $1.1B aggregate principal of 5.300% Notes due 2053.
ConocoPhillips shareholders approve 2023 omnibus equity plan; bylaws amended
36M shares authorized under 2023 Omnibus Stock Plan (26M new + 10M from prior plan) effective May 16, 2023.
ConocoPhillips Q1 net income $2.9B ($2.38/sh) vs $5.8B a year ago; raises production guidance
GAAP and adjusted EPS both $2.38/share, down from $4.39 and $3.27 in Q1 2022.
ConocoPhillips Q4 EPS $2.61, FY EPS $14.57; announces $11B 2023 return of capital
Q4 2022 earnings $3.2B ($2.61/share); adjusted $3.4B ($2.71/share); revenue not explicitly stated but total realized price $71.05/BOE, up 8% YoY.
ConocoPhillips appoints Haynes-Welsh as VP & Treasurer, Delk as VP & Controller
Kontessa S. Haynes-Welsh becomes VP & Treasurer, effective Nov 7, 2022 (was Chief Accounting Officer).
ConocoPhillips Q3 2022 earnings $4.5B; raises dividend 11%, boosts buyback $20B
Q3 earnings $4.5B ($3.55/sh); adjusted $4.6B ($3.60/sh); YoY earnings up from $2.4B.
ConocoPhillips appoints Dennis Arriola to board, increasing size to 14
Dennis Arriola elected to ConocoPhillips board effective Sept 13, 2022; board expands from 13 to 14 members.
ConocoPhillips Q2 earnings $5.1B ($3.96 EPS); raises 2022 return of capital to $15B
Q2 2022 earnings $5.1B ($3.96 diluted EPS) vs $2.1B ($1.55) YoY; adjusted earnings $5.1B ($3.91 EPS) vs $1.7B ($1.27).
ConocoPhillips shareholders reject supermajority elimination; approve special meeting rights
All 13 director nominees elected with >90% support; Ernst & Young ratified as auditor.
ConocoPhillips Q1 EPS $4.39 vs $0.75 YoY; boosts 2022 capital return to $10B
Q1 earnings $5.8B ($4.39 EPS) vs $1.0B ($0.75 EPS) last year; adjusted EPS $3.27 vs $0.69.
ConocoPhillips appoints Harper as EVP Lower 48; Leach becomes advisor to CEO
Timothy Leach transitions from EVP Lower 48 to Advisor to CEO effective May 1, 2022; remains on board.
ConocoPhillips completes debt exchange, issuing 4.025% notes due 2062 and 3.758% notes due 2042
Pool 1 exchanged $1.75B of higher-coupon notes (6.50%–5.90%) for new 4.025% notes due 2062 and cash.
ConocoPhillips completes early settlement of exchange offers; issues ~$2.55B in new notes
On March 11, 2022, issued $1,767,690,000 of 4.025% New 2062 Notes due 2062.
ConocoPhillips subsidiary CPCo issues $2.9B in senior notes (2.125%, 2.400%, 3.800%)
$900M 2.125% notes due 2024, $900M 2.400% notes due 2025, $1.1B 3.800% notes due 2052.
ConocoPhillips upsizes cash tender offer to ~$3.1B, discloses exchange offer results
Cash tender offer upsized to accept all valid tenders; $2.72B principal tendered by March 7 early deadline.
ConocoPhillips commences $1.8B cash tender and $3.0B exchange offers for debt securities
Cash tender offer to purchase up to $1.8B aggregate principal of COP and Concho notes; early tender deadline March 7, 2022.
ConocoPhillips reports Q4 earnings $2.6B, boosts 2022 capital return to $8B
Q4 2021 earnings $2.6B ($1.98/share) vs loss $0.8B in Q4 2020; full-year earnings $8.1B.
ConocoPhillips completes $9.5B Permian asset acquisition from Shell, effective July 1
Base purchase price $9.5B cash; after closing adjustments, cash paid ~$8.6B.
ConocoPhillips Q3 2021 EPS $1.78 vs loss a year ago; announces $9.5B Permian acquisition
Earnings of $2.4B ($1.78/sh) vs Q3 2020 loss of $0.5B; adjusted EPS $1.77.
Kontessa S. Haynes-Welsh, currently Vice President, Finance and Controller, will become Senior Vice President and Chief Financial Officer
Greig Patterson, currently Vice President, Corporate Planning & Development, will become Vice President, Finance and Controller.
At such time, the Company’s current Chairman, President and Chief Executive Officer, Ryan M. Lance, will retire as President and Chief Executive Officer and become Executive Chair of the Board.
On August 6, 2026, the Board of Directors (the “Board”) of ConocoPhillips (the “Company”) elected Andrew (Andy) M. O’Brien, the Company’s current Executive Vice President, Strategy, Commercial and Chief Financial Officer, as the Company’s President and Chief Executive Officer and member of the Board, effective September 1, 2026.
Effective June 1, 2025, Andy O’Brien, currently senior vice president, Strategy, Commercial, Sustainability and Technology, will succeed Mr. Bullock as chief financial officer.
On May 2, 2025, W.L. “Bill” Bullock announced his decision to retire as executive vice president and chief financial officer of ConocoPhillips.
On January 27, 2025, Christopher P. Delk announced his decision to retire as vice president, Controller and General Tax Counsel of ConocoPhillips (the “Company). He will remain in his position as vice president, Controller and General Tax Counsel until March 1, 2025.
· Kontessa S. Haynes-Welsh, currently vice president and Treasurer, will become vice president and Controller.
· Philip M. Gresh, currently vice president, Investor Relations, will become vice president, Investor Relations and Treasurer.
voted to increase the size of the Board from 11 members to 12 members and to elect Ms. Nelda J. Connors to the Board of the Company
On June 26, 2024, Mr. Eric D. Mullins resigned as a member of the Board of Directors (the “Board”) of ConocoPhillips.
On February 9, 2024, Dominic E. Macklon, executive vice president, strategy, sustainability and technology announced his decision to retire effective May 1, 2024, due to family medical reasons.
Max materiality 0.90 · Median 0.70 · Most common event earnings