Andy O'Brien
Effective June 1, 2025, Andy O’Brien, currently senior vice president, Strategy, Commercial, Sustainability and Technology, will succeed Mr. Bullock as chief financial officer.
Highest-materiality recent filing
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 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.
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 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 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 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 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.
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.
Max materiality 0.90 · Median 0.70 · Most common event earnings