Nov 5, 7:13 AM ET
ConocoPhillips reported third-quarter 2026 earnings of $4.0 billion, or $3.34 per share, up from $1.7 billion, or $1.38 per share, in the third quarter of 2025. The company increased its quarterly ordinary dividend by 11% to $0.93 per share and returned $3.4 billion to shareholders through repurchases and dividends.
- Reported third-quarter 2026 earnings of $4.0 billion, or $3.34 per share, compared with $1.7 billion, or $1.38 per share, in the third quarter of 2025.
- Generated $7.2 billion in cash provided by operating activities and cash from operations during the third quarter of 2026.
- Raised the quarterly ordinary dividend by 11% to $0.93 per share, effective for the fourth quarter of 2026.
- Distributed $3.4 billion to shareholders in the third quarter of 2026, consisting of $2.4 billion in share repurchases and $1.0 billion in ordinary dividends.
Read the filing on SEC.gov ↗
Aug 11, 4:15 PM ET
ConocoPhillips said its board elected Andy O'Brien, currently executive vice president and chief financial officer, as president and chief executive officer effective September 1, 2026, succeeding Ryan Lance, who will retire as CEO and become executive chair. Konnie Haynes-Welsh will become chief financial officer on the same date, and the filing lists new pay terms for the leadership changes.
- Andy O'Brien becomes president and CEO and joins the board on September 1, 2026, with a base salary of $1.7 million and a long-term incentive target of $13.08 million.
- Ryan Lance's base salary as executive chair will fall to $1.1 million, and he will not participate in the annual incentive plan; his 2027 long-term incentive target is $12.4 million.
- Konnie Haynes-Welsh becomes senior vice president and chief financial officer, with an annual base salary of $742,972.
Read the filing on SEC.gov ↗
Aug 6, 7:23 AM ET
ConocoPhillips reported second-quarter 2026 earnings of $3.9 billion, or $3.23 per share, up from $1.56 a year earlier, and doubled its quarterly share repurchases to $2.0 billion. Higher realized prices drove the profit gain, while production fell from a year earlier and full-year guidance was left unchanged.
- Q2 2026 earnings were $3.9 billion, or $3.23 per share, versus $2.0 billion, or $1.56 per share, in Q2 2025; adjusted EPS was $3.24 versus $1.42.
- Total average realized price was $62.33 per BOE, 36% higher than $45.77 per BOE a year earlier.
- Production was 2,248 MBOED, down 143 MBOED from Q2 2025; down 4% after adjusting for closed acquisitions and dispositions.
- Shareholder distributions reached $3.0 billion, including $2.0 billion in buybacks; the $0.84 third-quarter dividend is payable Sept. 1, 2026, to holders of record on Aug. 17, 2026.
Read the filing on SEC.gov ↗
Jun 23, 4:30 PM ET
ConocoPhillips said its Senior Vice President, Legal, General Counsel and Corporate Secretary, Kelly B. Rose, will retire effective September 1, 2026. The company said her replacement will be announced at a later time, so the company's top legal role will be filled by a successor not yet named.
- Kelly B. Rose announced her retirement on June 23, 2026.
- Retirement is effective September 1, 2026.
- Her replacement has not been named; the company says it will be announced later.
- The filing reports no financial results or compensation terms.
Read the filing on SEC.gov ↗
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