ConocoPhillips

ConocoPhillips announces first-quarter 2024 results, quarterly dividend and VROC

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星期四, 五月 2, 2024
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Permian, Sale, CFO, Investment, ConocoPhillips, Depreciation, Eagle Ford, Dallas, Public expenditure, VROC

Excluding special items, first-quarter 2024 adjusted earnings were $2.4 billion, or $2.03 per share, compared with first-quarter 2023 adjusted earnings of $2.9 billion, or $2.38 per share.

Key Points: 
  • Excluding special items, first-quarter 2024 adjusted earnings were $2.4 billion, or $2.03 per share, compared with first-quarter 2023 adjusted earnings of $2.9 billion, or $2.38 per share.
  • Distributed $2.2 billion to shareholders through a three-tier framework, including $1.3 billion through share repurchases and $0.9 billion through the ordinary dividend and VROC.
  • ConocoPhillips declared an ordinary dividend of $0.58 per share and a VROC of $0.20 per share, both payable June 3, 2024, to stockholders of record at the close of business on May 13, 2024.
  • Excluding a $0.1 billion change in working capital, ConocoPhillips generated CFO of $5.1 billion and received disposition proceeds of $0.2 billion.

UTulsa's Friends of Finance to celebrate 40 years

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星期三, 四月 17, 2024
School, University, Walmart, AT&T, ONEOK, Bank One Corporation, ConocoPhillips, Sonic, Mentorship, University of Tulsa, Business, Bank of America, Love's, QuikTrip, Bank, Multimedia, Travel, Scouting in Oklahoma, Student, Southwest Airlines, Collins College, Management

TULSA, Okla., April 17, 2024 /PRNewswire/ -- The University of Tulsa announces that the Collins College of Business' Friends of Finance will celebrate its 40th anniversary in 2024-25.

Key Points: 
  • TULSA, Okla., April 17, 2024 /PRNewswire/ -- The University of Tulsa announces that the Collins College of Business' Friends of Finance will celebrate its 40th anniversary in 2024-25.
  • In 1985, three UTulsa finance alumni and two faculty members created Friends of Finance and its Executive Speaker Series, which draws nationally prominent business and public leaders to address a lunch-hour crowd on campus each month.
  • Roberta Preston, Friends of Finance board member and former CEO of Girl Scouts of Eastern Oklahoma, is chairing the 40th anniversary committee.
  • To find out more about how to become a part of Friends of Finance, email [email protected] .

Team, Inc. Appoints Pamela J. McGinnis to Its Board of Directors

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星期一, 四月 8, 2024
Corporation, Phillips 66, Conoco, Commercial, Team, Distribution, Marketing, Retirement, ConocoPhillips, Management

In connection with the Board’s appointment of Ms. McGinnis, the size of the Board was increased from six to seven directors.

Key Points: 
  • In connection with the Board’s appointment of Ms. McGinnis, the size of the Board was increased from six to seven directors.
  • The Board has also appointed Ms. McGinnis to serve on the Board’s Compensation Committee.
  • Michael Caliel, TEAM’s Executive Chairman commented, "We are excited to welcome Pam to the TEAM Board of Directors.
  • She brings extensive commercial, procurement and operational expertise in the oil and gas industry through her executive leadership experience at Phillips 66.

Leeward Renewable Energy Names Nate Graham Chief Technology Officer

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星期一, 三月 25, 2024
Alternative Energy, Energy, Other Energy, Utilities, CIO, Growth, Information technology, Oklahoma Wesleyan University, Network, Business administration, Telecommunications, Lead, CISO, Energy management, Devon Energy, Architecture, LRE, Multimedia, ConocoPhillips, Management

Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has appointed Nate Graham as Chief Technology Officer (CTO).

Key Points: 
  • Leeward Renewable Energy (“LRE” or “Company”), a leading renewable energy company, today announced that it has appointed Nate Graham as Chief Technology Officer (CTO).
  • “Nate brings a wealth of experience in information technology, cybersecurity, and leadership roles, and he will be instrumental in shaping LRE’s enterprise-wide IT operations and accelerating LRE’s future technology deployment, promoting innovation and strengthening operational resiliency,” said Allen.
  • Throughout his 23-year career, he served as Chief Information Security Officer (CISO) at Enable Midstream Partners and held senior leadership roles at ConocoPhillips and Devon Energy.
  • Graham received his bachelor’s degree in Business Administration & Management from Oklahoma Wesleyan University and a master’s degree in Energy Management from Oklahoma City University.

Marathon Fitness Celebrates Women's History Month

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星期一, 三月 25, 2024
Lifestyle, Health, Consumer, Women, Other Sports, Fitness & Nutrition, General Health, Customer service, Shell, BP, Apple, Business manager, Female, Women's History Month, Empowerment, Fortune 1000, Creativity, HUB, Multimedia, ConocoPhillips, Management

As Women's History Month concludes, Marathon Fitness stands proudly at the forefront of celebrating the incredible achievements and contributions of women in our community.

Key Points: 
  • As Women's History Month concludes, Marathon Fitness stands proudly at the forefront of celebrating the incredible achievements and contributions of women in our community.
  • View the full release here: https://www.businesswire.com/news/home/20240325685834/en/
    As Women’s History Month ends, Marathon Fitness celebrates and honors the women who are the backbone of their company.
  • This collective effort underscores Marathon Fitness as the largest women-owned fitness supplier and servicer in North America.
  • (Photo: Business Wire)
    "At Marathon Fitness, we're incredibly proud to honor the remarkable women who contribute their talents, passion, and dedication every single day," stated Christa Davis, President of Marathon Fitness.

ConocoPhillips to hold first-quarter earnings conference call on Thursday, May 2

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星期四, 三月 21, 2024
Energy, Natural Resources, Other Natural Resources, Oil, Gas, ConocoPhillips, Webcast

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Key Points: 
  • ConocoPhillips (NYSE: COP) will host a conference call webcast on Thursday, May 2, 2024, at 12:00 p.m. Eastern time to discuss first-quarter 2024 financial and operating results.
  • The company’s financial and operating results will be released before the market opens on May 2.
  • To access the webcast, visit ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor , and click on the "Register" link in the Investor Presentations section.
  • The event will be archived and available for replay later the same day, with a transcript available the following day.

Radia to Provide Low-Cost Clean Energy with the World’s Biggest Wind Turbines Enabled by the World’s Largest Aircraft

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星期一, 三月 18, 2024
Environment, Other Energy, Environmental Health, Utilities, Aerospace, Manufacturing, Alternative Energy, Green Technology, Energy, Aircraft, Electricity, International Energy Agency, Energy development, S&P Global, Farm, Growth, Assistant, EVS, Partnership, MIT, SIPA, Invenergy, Columbia University, Rolls-Royce North America, Software, Embraer, CERAWeek, Wind, Senior, Bloomberg L.P., FMR, Atmosphere, IEA, ConocoPhillips, Renewable energy

Radia, founded in 2016, publicly launched today with plans to meet this challenge by designing, building and operating the world’s largest aircraft.

Key Points: 
  • Radia, founded in 2016, publicly launched today with plans to meet this challenge by designing, building and operating the world’s largest aircraft.
  • This unique aircraft will enable the deployment of the largest and best-performing wind turbines of the present and future to locations currently inaccessible to wind energy at a scale and speed that was previously impossible.
  • Radia’s aircraft, called WindRunner™, will be able to fly large turbine blades and other components directly to wind farm sites.
  • In addition, Radia will lead onshore wind energy expansion in partnership with industry leaders, and work with development partners to create new onshore wind farms.

A Major Gas Find Could Upend European Energy Markets

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星期四, 三月 14, 2024
CVX, Kurdistan Region, Mobil, Molln, Natural gas, The Washington Post, ExxonMobil, Risk, Chevron Corporation, Knowledge, Cubic, Acquisition, Transport, XOM, Carbon, Eye, MCF, Investment, OMV, Hydrocarbon, Retirement, TALO, The Wall Street Journal, UPDATE, Economics, ConocoPhillips, Petroleum

LONDON, March 14, 2024 /PRNewswire/ -- As Europe realizes the full risk of relying on foreign oil and gas, it could soon find relief coming from an unexpected source. That's because, after years of leaning on cheap Russian gas, geopolitical shifts have changed the equation. Both the war in Ukraine and simple economics have forced the EU to pivot from strict green energy policies.  Companies mentioned in this release include: Chevron Corporation (NYSE: CVX), ExxonMobil Corporation (NYSE: XOM), ConocoPhillips (NYSE: COP), Talos Energy Inc. (NYSE: TALO), Cheniere Energy, Inc. (NYSE: LNG).

Key Points: 
  • '  And The Washington Post announced recently, 'Amid energy crisis, EU says gas can sometimes be 'green.''
  • The message is clear: Europe is scrambling to diversify its energy sources and achieve true energy independence.
  • That's why one Canadian energy company, MCF Energy ( MCF .V; MCFNF .QX), is on a mission to help secure Europe's energy independence and explore these long-ignored assets.
  • ConocoPhillips (NYSE: COP) has adeptly balanced its energy portfolio between natural gas and oil, reflecting a nuanced understanding of the world's changing energy consumption trends.

AM Best Assigns Credit Ratings to Rodeo Insurance Company

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星期四, 三月 7, 2024
Insurance, Professional Services, ERM, ALL, News, Culture, AM Best, ConocoPhillips, Credit

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) to Rodeo Insurance Company (Rodeo) (Houston, TX).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) to Rodeo Insurance Company (Rodeo) (Houston, TX).
  • For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Sooner Insurance Company

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星期四, 三月 7, 2024
Insurance, Professional Services, ERM, ALL, Risk management, News, Culture, AM Best, Sooners, ConocoPhillips, History, Credit

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Sooner Insurance Company (Sooner) (Colchester, VT).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Sooner Insurance Company (Sooner) (Colchester, VT).
  • For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .