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ConocoPhillips (COP.N)

COP.N on New York Stock Exchange

67.90USD
18 Jan 2019
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$0.84 (+1.25%)
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Latest Key Developments (Source: Significant Developments)

Rowan Announces Contract With Conocophillips For The Rowan Norway
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Rowan Companies PLC ::ROWAN ANNOUNCES CONTRACT WITH CONOCOPHILLIPS FOR THE ROWAN NORWAY.ROWAN COMPANIES - ROWAN NORWAY AWARDED A CONTRACT IN NORWAY BY CONOCOPHILLIPS SKANDINAVIA AS FOR AN ESTIMATED DURATION OF SEVEN MONTHS.  Full Article

Conocophillips Says 9-Month Production From Interest In Kuparuk Was 39,000 BOED
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - ConocoPhillips ::CONOCOPHILLIPS CLOSES SALE OF 16.5 PERCENT INTEREST IN CLAIR FIELD IN UNITED KINGDOM AND ACQUISITION OF ADDITIONAL 39.2 PERCENT INTEREST IN GREATER KUPARUK AREA IN ALASKA.IN FIRST 9 MONTHS , PRODUCTION ASSOCIATED WITH ACQUIRED INTEREST IN KUPARUK WAS 39 THOUSAND BARRELS OF OIL EQUIVALENT PER DAY.  Full Article

UK's SFO Says Nine Convicted In 16 Mln STG, $21 Mln FH Bertling Bribery Cases
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - UK's SFO::UK'S SFO - STEPHEN EMLER, GIUSEPPE MORREALE PLEADED GUILTY FOR THEIR PART IN SCHEME TO SECURE CONOCOPHILLIPS FREIGHT FORWARDING CONTRACT.SFO- CONOCOPHILLIPS FREIGHT FORWARDING CONTRACT WAS EVENTUALLY WORTH OVER £16M, FOR FH BERTLING AS PART OF ‘JASMINE’ NORTH SEA OIL EXPLORATION PROJECT.SFO- 9 CONVICTED IN £16M AND $21M FH BERTLING BRIBERY CASES.SFO- CHRISTOPHER LANE PLEADED GUILTY TO A SEPARATE BRIBERY SCHEME INVOLVING OVERCHARGING. COLIN BAGWELL WAS CONVICTED BY THE JURY OF THE SAME OFFENCE.SFO- INVESTIGATION INTO FH BERTLING’S ANGOLA BUSINESS REVEALED EXECUTIVES CONSPIRED TO PAY BRIBES TO STATE OIL CO AGENT TO SECURE $21M CONTRACTS.  Full Article

Chevron, Exxon Mobil Weigh Bids For Endeavor Energy - Bloomberg
Monday, 12 Nov 2018 

Nov 12 (Reuters) - :CHEVRON, EXXON MOBIL WEIGH BIDS FOR ENDEAVOR ENERGY - BLOOMBERG, CITING SOURCES.CONOCO ALSO MAY BID FOR ENDEAVOR ENERGY VALUED AT $15 BILLION - BLOOMBERG.ROYAL DUTCH SHELL PLC HAS ALSO BEEN CONTACTED AND MAY PARTICIPATE IN BIDDING PROCESS FOR ENDEAVOR- BLOOMBERG.ENDEAVOR OWNED BY FAMILY OF FOUNDER AUTRY STEPHENS AGREED TO RUN SALES PROCESS AFTER ITS ADVISERS GOT INQUIRIES FROM PROSPECTIVE BIDDERS- BLOOMBERG.ENDEAVOR'S FAMILY OWNERS STILL PREFER 2019 IPO TO SALE- BLOOMBERG.  Full Article

Worleyparsons Awarded E&C And Epc Contracts By ConocoPhillips
Tuesday, 6 Nov 2018 

Nov 7 (Reuters) - WorleyParsons Ltd ::WORLEYPARSONS AWARDED E&C AND EPC CONTRACTS BY CONOCOPHILLIPS.AWARDED E&C AND EPC CONTRACTS BY CONOCOPHILLIPS.SERVICES FOR BOTH CONTRACTS WILL BE PROVIDED FROM WORLEYPARSONS' UK INTEGRATED SOLUTIONS' ABERDEEN OFFICE.  Full Article

Conocophillips Announces Executive Leadership Retirement And Realignment
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - ConocoPhillips ::CONOCOPHILLIPS ANNOUNCES EXECUTIVE LEADERSHIP RETIREMENT AND REALIGNMENT.CONOCOPHILLIPS - MATT FOX, CURRENTLY EVP, STRATEGY, EXPLORATION AND TECHNOLOGY, WILL BE NAMED EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER.CONOCOPHILLIPS - DON WALLETTE, JR., CURRENTLY EVP, FINANCE, COMMERCIAL & CFO, WILL BE NAMED EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.CONOCOPHILLIPS - FOX AND WALLETTE WILL CONTINUE TO REPORT TO CHAIRMAN AND CHIEF EXECUTIVE OFFICER RYAN LANCE.CONOCOPHILLIPS - ANNOUNCED RETIREMENT OF AL HIRSHBERG AS EXECUTIVE VICE PRESIDENT, PRODUCTION, DRILLING AND PROJECTS.CONOCOPHILLIPS - HIRSHBERG WILL REMAIN IN HIS CURRENT POSITION UNTIL JAN 1, 2019 TO PROVIDE SUPPORT DURING TRANSITION OF HIS RESPONSIBILITIES.CONOCOPHILLIPS - APPOINTMENTS ARE EFFECTIVE ON JAN. 1, 2019.  Full Article

Conocophillips Q3 Total Revenue And Other Income $10,165 Mln Vs $7,195 Mln
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - ConocoPhillips ::QTRLY TOTAL REVENUE AND OTHER INCOME $10,165 MILLION VERSUS $7,195 MILLION.Q3 REVENUE VIEW $9.66 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

ConocoPhillips Q3 Adjusted Earnings Per Share $1.36
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - ConocoPhillips ::REPORTS THIRD-QUARTER 2018 RESULTS; DISCIPLINED, RETURNS-FOCUSED PLAN ON TRACK.Q3 ADJUSTED EARNINGS PER SHARE $1.36 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $1.59.ANNOUNCED QUARTERLY DIVIDEND INCREASE OF 7 PERCENT TO 30.5 CENTS PER SHARE.FOURTH-QUARTER 2018 PRODUCTION IS EXPECTED TO BE 1,275 TO 1,315 MBOED.ADJUSTED 2018 CAPITAL GUIDANCE TO $6.1 BILLION.FULL-YEAR GUIDANCE FOR DEPRECIATION, DEPLETION AND AMORTIZATION EXPENSE WAS UPDATED TO $6.0 BILLION FROM $5.9 BILLION.PRODUCTION EXCLUDING LIBYA FOR Q3 OF 2018 WAS 1,224 THOUSAND BARRELS OF OIL EQUIVALENT PER DAY (MBOED), AN INCREASE OF 22 MBOED.2018 GUIDANCE INCLUDES IMPACTS EXPECTED FROM PREVIOUSLY ANNOUNCED BARNETT DISPOSITION AND EXCLUDES LIBYA.QTRLY TOTAL REALIZED PRICE WAS $57.71 PER BOE, UP 46 PERCENT.PRODUCTION FROM EAST IRISH SEA IS EXPECTED TO RESUME IN Q4.PRODUCTION FROM BIG 3 UNCONVENTIONALS IS EXPECTED TO GROW MORE THAN 35 PERCENT FOR FULL YEAR.  Full Article

Aker BP's "Gekko" break-even cost seen below $30/barrel -CEO
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Aker BP ASA CEO Karl Johnny Hersvik::AKER BP CEO SAYS A PROJECT TO TIE GEKKO DISCOVERY INTO ALVHEIM FPSO COULD HAVE A BREAK-EVEN PRICE OF BELOW $30 PER BARREL.AKER BP CEO SAYS VALHALL FLANK WEST PROJECT REMAINS ON TRACK TO START PRODUCTION IN Q4 2019.AKER BP CEO SAYS DRILLING OF AKER BP-OPERATED JK EXPLORATION WELL NEAR JOHAN SVERDRUP FIELD MAY MOVE INTO 2019 FROM Q4 2018.AKER BP CEO SAYS PLANNING 'FLAT' LEVEL OF EXPLORATION ACTIVITY IN 2019 VERSUS 2018, BUT IT WOULD ALSO DEPEND ON EXPLORATION RESULTS IN Q4.AKER BP CEO: PLANS TO MAKE INVESTMENT DECISION ON HANZ DISCOVERY TIE-BACK TO IVAR AASEN FIELD IN 2019, EXPECTED PRODUCTION START IN 2021.  Full Article

Conocophillips Announces Increase In Quarterly Dividend
Friday, 5 Oct 2018 

Oct 5 (Reuters) - ConocoPhillips ::ANNOUNCES INCREASE IN QUARTERLY DIVIDEND.INCREASES QUARTERLY DIVIDEND BY 7 PERCENT TO $0.305 PER SHARE.  Full Article

Curacao puts off selecting oil-refinery operator pending probe

Jan 18 The government of Curacao has suspended its selection of a new operator for the Caribbean nation's 335,000-barrel-per-day Isla refinery until a probe into corruption allegations involving the search has concluded, officials said on Friday.