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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):   August 1, 2024
ConocoPhillips
(Exact name of registrant as specified in its charter)
Delaware001-3239501-0562944
(State or other jurisdiction of
incorporation)		(Commission
File Number)		(I.R.S. Employer
Identification No.)
925 N. Eldridge Parkway
Houston, Texas 77079
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code:  (281) 293-1000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $.01 Par ValueCOPNew York Stock Exchange
7% Debentures due 2029CUSIP-718507BK1New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 2.02 Results of Operations and Financial Condition.
On August 1, 2024, ConocoPhillips issued a press release announcing the company's financial and operating results for the quarter ended June 30, 2024. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference. Additional financial and operating information about the quarter is furnished as Exhibit 99.2 hereto and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.Description
—
—
104—Cover Page Interactive Data File (formatted as Inline XBRL and filed herewith).
2

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CONOCOPHILLIPS
/s/ Christopher P. Delk
Christopher P. Delk
Vice President, Controller and General Tax Counsel
August 1, 2024
3

Exhibit 99.1
ConocoPhillips announces second-quarter 2024 results, quarterly dividend and VROC
•Reported second-quarter 2024 earnings per share and adjusted earnings per share of $1.98.
•Generated cash provided by operating activities of $4.9 billion and cash from operations (CFO) of $5.1 billion.
•Declared ordinary dividend of $0.58 per share and variable return of cash (VROC) of $0.20 per share payable in the third quarter.
HOUSTON—Aug. 1, 2024—ConocoPhillips (NYSE: COP) today reported second-quarter 2024 earnings and adjusted earnings of $2.3 billion, or $1.98 per share, compared with second-quarter 2023 earnings and adjusted earnings of $2.2 billion, or $1.84 per share.

“In the second quarter, we continued to deliver on our returns-focused value proposition, achieving record production and advancing our global LNG strategy. We announced a 34% increase in our ordinary dividend starting in the fourth quarter and remain committed to returning at least $9 billion of capital for 2024,” said Ryan Lance, chairman and chief executive officer. “Our previously announced plan to acquire Marathon Oil is progressing, and we expect to close late in the fourth quarter.”
Second-quarter highlights and recent announcements
•Announced agreement to acquire Marathon Oil in an all-stock transaction.
•Delivered total company and Lower 48 production of 1,945 thousand barrels of oil equivalent per day (MBOED) and 1,105 MBOED, respectively.
•Reached first production ahead of schedule at Eldfisk North in Norway.
•Achieved significant milestones at Willow with arrival of Operations Center modules in Alaska and commencement of the Central Facility fabrication earlier than planned.
•Advanced global LNG strategy by signing a long-term regasification agreement at Zeebrugge LNG terminal in Belgium and a long-term LNG sales agreement in Asia, both commencing in 2027.
•Distributed $1.9 billion to shareholders, including $1.0 billion through share repurchases and $0.9 billion through the ordinary dividend and VROC.
•Ended the quarter with cash and short-term investments of $6.3 billion and long-term investments of $1.0 billion.
Quarterly dividend and variable return of cash
ConocoPhillips declared a third-quarter ordinary dividend of $0.58 per share and a VROC of $0.20 per share, both payable Sept. 3, 2024, to stockholders of record at the close of business on Aug. 12, 2024.
In May, ConocoPhillips announced plans to increase the ordinary dividend by 34% to $0.78 per share starting in the fourth quarter of 2024. This will incorporate the current VROC of $0.20 per share into the ordinary dividend.
Second-quarter review
Production for the second quarter of 2024 was 1,945 MBOED, an increase of 140 MBOED from the same period a year ago. After adjusting for closed acquisitions and dispositions, second-quarter 2024 production increased 76 MBOED or 4% from the same period a year ago.

ConocoPhillips announces second-quarter 2024 results, quarterly dividend and VROC
Lower 48 delivered production of 1,105 MBOED, including 748 MBOED from the Permian, 238 MBOED from the Eagle Ford and 105 MBOED from the Bakken.
Earnings and adjusted earnings increased from the second quarter of 2023. The quarter benefited from higher average realized prices, despite weaker Lower 48 gas realizations, and higher volumes. These increases were partially offset by higher depreciation, depletion and amortization and higher operating costs. The company’s total average realized price was $56.56 per BOE, 4% higher than the $54.50 per BOE realized in the second quarter of 2023.

For the quarter, cash provided by operating activities was $4.9 billion. Excluding a $0.1 billion change in working capital, ConocoPhillips generated CFO of approximately $5.1 billion. The company funded $3.0 billion of capital expenditures and investments, repurchased $1.0 billion of shares and paid $0.9 billion in ordinary dividends and VROC.
Six-month review
ConocoPhillips’ six-month 2024 earnings were $4.9 billion, or $4.14 per share, compared with six-month 2023 earnings of $5.2 billion, or $4.22 per share. Six-month 2024 adjusted earnings were $4.7 billion, or $4.02 per share, compared with six-month 2023 adjusted earnings of $5.2 billion, or $4.22 per share.
Production for the first six months of 2024 was 1,923 MBOED, an increase of 125 MBOED from the same period a year ago. After adjusting for closed acquisitions and dispositions, production increased 60 MBOED or 3% from the same period a year ago.
The company’s total realized price during this period was $56.58 per BOE, 2% lower than the $57.63 per BOE realized in the first six months of 2023.
In the first six months of 2024, cash provided by operating activities was $9.9 billion. Excluding a $0.3 billion change in working capital, ConocoPhillips generated CFO of $10.2 billion and received disposition proceeds of $0.2 billion. The company funded $5.9 billion of capital expenditures and investments, repurchased $2.3 billion of shares and paid $1.8 billion in ordinary dividends and VROC and retired debt of $0.5 billion at maturity.
Outlook
Third-quarter 2024 production is expected to be 1.87 to 1.91 million barrels of oil equivalent per day (MMBOED), inclusive of approximately 90 MBOED of turnaround impacts in Canada, Lower 48, Alaska, Norway, Malaysia and Qatar. Full-year production is expected to be approximately 1.93 to 1.94 MMBOED, as compared to prior guidance of 1.91 to 1.95 MMBOED, reflecting strong second-quarter results.
Full-year guidance for adjusted corporate segment net loss is lowered to $0.8 to $0.9 billion from prior guidance of $1.0 to $1.1 billion, and full-year depreciation, depletion and amortization guidance is lowered to $9.3 to $9.4 billion versus prior guidance of $9.4 to $9.6 billion. This is partially offset by increased adjusted operating cost guidance of $9.2 to $9.3 billion versus prior guidance of $8.9 to $9.1 billion, primarily due to increased transportation and processing costs and inflationary pressures in the Lower 48.
Full-year capital expenditures guidance is updated to approximately $11.5 billion versus prior range of $11.0 to $11.5 billion, due to strong progress on Willow and increased Lower 48 partner-operated activity.

ConocoPhillips announces second-quarter 2024 results, quarterly dividend and VROC
ConocoPhillips will host a conference call today at 12:00 p.m. Eastern time to discuss this announcement. To listen to the call and view related presentation materials and supplemental information, go to www.conocophillips.com/investor. A recording and transcript of the call will be posted afterward.
--- # # # ---
About ConocoPhillips
ConocoPhillips is one of the world’s leading exploration and production companies based on both production and reserves, with a globally diversified asset portfolio. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 13 countries, $96 billion of total assets, and approximately 10,200 employees at June 30, 2024. Production averaged 1,923 MBOED for the six months ended June 30, 2024, and proved reserves were 6.8 BBOE as of Dec. 31, 2023.
For more information, go to www.conocophillips.com.
Contacts
Dennis Nuss (media)
281-293-1149
dennis.nuss@conocophillips.com
Investor Relations
281-293-5000
investor.relations@conocophillips.com
CAUTIONARY STATEMENT FOR THE PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This news release contains forward-looking statements as defined under the federal securities laws. Forward-looking statements relate to future events, plans and anticipated results of operations, business strategies, and other aspects of our operations or operating results. Words and phrases such as “ambition,” “anticipate,” “estimate,” “believe,” “budget,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” and other similar words can be used to identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. Where, in any forward-looking statement, the company expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future performance and involve certain risks, uncertainties and other factors beyond our control. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in the forward-looking statements. Factors that could cause actual results or events to differ materially from what is presented include changes in commodity prices, including a prolonged decline in these prices relative to historical or future expected levels; global and regional changes in the demand, supply, prices, differentials or other market conditions affecting oil and gas, including changes resulting from any ongoing military conflict, including the conflicts in Ukraine and the Middle East, and the global response to such conflict, security threats on facilities and infrastructure, or from a public health crisis or from the imposition or lifting of crude oil production quotas or other actions that might be imposed by OPEC and other producing countries and the resulting company or third-party actions in response to such changes; insufficient liquidity or other factors, such as those listed herein, that could impact our ability to repurchase shares and declare and pay dividends such that we suspend our share repurchase program and reduce, suspend, or totally eliminate dividend payments in the future, whether variable or fixed; changes in expected levels of oil and gas reserves or production; potential failures or delays in achieving expected reserve or production levels from existing and future oil and gas developments, including due to operating hazards, drilling risks or unsuccessful exploratory activities; unexpected cost increases, inflationary pressures or technical difficulties in constructing, maintaining or modifying company facilities; legislative and regulatory initiatives addressing global climate change or other environmental concerns; public health crises, including pandemics (such as COVID-19) and epidemics and any impacts or related company or government policies or actions; investment in and development of competing or alternative energy sources; potential failures or delays in delivering on our current or future low-carbon strategy, including our inability to develop new technologies; disruptions or interruptions impacting the transportation for our oil and gas production; international monetary conditions and exchange rate fluctuations; changes in international trade relationships or governmental policies, including the imposition of price caps, or the imposition of trade restrictions or tariffs on any materials or products (such as aluminum and steel) used in the operation of our business, including any sanctions imposed as a result of any ongoing military conflict, including the conflicts in Ukraine and the Middle East; our ability to collect payments when due, including our ability to collect payments from the government of Venezuela or PDVSA; our ability to complete the proposed acquisition of Marathon Oil Corporation (Marathon Oil) or any other announced or any other future dispositions or acquisitions on time, if at all; the possibility that regulatory approvals, consents or authorizations for the Marathon Oil acquisition or any other announced or any other future dispositions or acquisitions will

ConocoPhillips announces second-quarter 2024 results, quarterly dividend and VROC
not be received on a timely basis, if at all, or that such approvals may be subject to conditions neither we nor Marathon Oil anticipated or may require modification to the terms of the transactions or our remaining business; business disruptions relating to the Marathon Oil acquisition or following any other announced or other future dispositions or acquisitions, including the diversion of management time and attention; the ability to deploy net proceeds from our announced or any future dispositions in the manner and timeframe we anticipate, if at all; the receipt of other requisite approvals for the Marathon Oil acquisition, including the approval of Marathon Oil stockholders, the satisfaction of other closing conditions on a timely basis or at all or the failure of the Marathon Oil acquisition to close for any other reason or to close on anticipated terms; our ability to successfully integrate Marathon Oil’s business and technologies, which may result in the combined company not operating as effectively and efficiently as expected; our ability to achieve the expected benefits and synergies from the Marathon Oil acquisition in a timely manner, or at all; potential liability for remedial actions under existing or future environmental regulations; potential liability resulting from pending or future litigation, including litigation related directly or indirectly to our transaction with Concho Resources Inc.; the impact of competition and consolidation in the oil and gas industry; limited access to capital or insurance or significantly higher cost of capital or insurance related to illiquidity or uncertainty in the domestic or international financial markets or investor sentiment; general domestic and international economic and political conditions or developments, including as a result of any ongoing military conflict, including the conflicts in Ukraine and the Middle East; changes in fiscal regime or tax, environmental and other laws applicable to our business; and disruptions resulting from accidents, extraordinary weather events, civil unrest, political events, war, terrorism, cybersecurity threats or information technology failures, constraints or disruptions; and other economic, business, competitive and/or regulatory factors affecting our business generally as set forth in our filings with the Securities and Exchange Commission. Unless legally required, ConocoPhillips expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Cautionary Note to U.S. Investors – The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable and possible reserves. We may use the term “resource” in this news release that the SEC’s guidelines prohibit us from including in filings with the SEC. U.S. investors are urged to consider closely the oil and gas disclosures in our Form 10-K and other reports and filings with the SEC. Copies are available from the SEC and from the ConocoPhillips website.
Use of Non-GAAP Financial Information – To supplement the presentation of the company’s financial results prepared in accordance with U.S. generally accepted accounting principles (GAAP), this news release and the accompanying supplemental financial information contain certain financial measures that are not prepared in accordance with GAAP, including adjusted earnings (calculated on a consolidated and on a segment-level basis), adjusted earnings per share (EPS), cash from operations (CFO), adjusted corporate segment net loss and adjusted operating costs.
The company believes that the non-GAAP measure adjusted earnings (both on an aggregate and a per-share basis) is useful to investors to help facilitate comparisons of the company’s operating performance associated with the company’s core business operations across periods on a consistent basis and with the performance and cost structures of peer companies by excluding items that do not directly relate to the company’s core business operations. Adjusted earnings is defined as earnings removing the impact of special items. Adjusted EPS is a measure of the company’s diluted net earnings per share excluding special items. The company further believes that the non-GAAP measure CFO is useful to investors to help understand changes in cash provided by operating activities excluding the timing effects associated with operating working capital changes across periods on a consistent basis and with the performance of peer companies. Adjusted corporate segment net loss is defined as corporate and other segment earnings adjusted for special items. Adjusted operating costs is defined as the sum of production and operating expenses and selling, general and administrative expenses, adjusted for special items. The company believes that the above-mentioned non-GAAP measures, when viewed in combination with the company’s results prepared in accordance with GAAP, provides a more complete understanding of the factors and trends affecting the company’s business and performance. The company’s Board of Directors and management also use these non-GAAP measures to analyze the company’s operating performance across periods when overseeing and managing the company’s business.
Each of the non-GAAP measures included in this news release and the accompanying supplemental financial information has limitations as an analytical tool and should not be considered in isolation or as a substitute for an analysis of the company’s results calculated in accordance with GAAP. In addition, because not all companies use identical calculations, the company’s presentation of non-GAAP measures in this news release and the accompanying supplemental financial information may not be comparable to similarly titled measures disclosed by other companies, including companies in our industry. The company may also change the calculation of any of the non-GAAP measures included in this news release and the accompanying supplemental financial information from time to time in light of its then existing operations to include other adjustments that may impact its operations.
Reconciliations of each non-GAAP measure presented in this news release to the most directly comparable financial measure calculated in accordance with GAAP are included in the release.
Other Terms – This news release also contains the term pro forma underlying production. Pro forma underlying production reflects the impact of closed acquisitions and closed dispositions as of June 30, 2024. The impact of closed acquisitions and dispositions assumes a closing date of January 1, 2023. The company believes that underlying production is useful to investors to compare production reflecting the impact of closed acquisitions and dispositions on a consistent go-forward basis across periods and with peer companies. Return of capital is defined as the total of the ordinary dividend, share repurchases and variable return of cash (VROC). References in the release to earnings refer to net income.

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

ConocoPhillips
Table 1: Reconciliation of earnings to adjusted earnings
$ millions, except as indicated
2Q242Q232024 YTD2023 YTD
Pre-taxIncome
tax		After-taxPer share of
common
stock
(dollars)		Pre-taxIncome
tax		After-taxPer share of
common
stock
(dollars)		Pre-taxIncome
tax		After-taxPer share
of common
stock
(dollars)		Pre-taxIncome
tax		After-taxPer share of
common
stock
(dollars)
Earnings$2,329 1.98 2,232 1.84 4,880 4.14 5,152 4.22 
Adjustments:
(Gain) loss on asset sales— — — — — — — — (86)20 (66)(0.06)— — — — 
Tax adjustments— — — — — — — — — (76)(76)(0.06)— — — — 
Adjusted earnings / (loss)$2,329 1.98 2,232 1.84 4,738 4.02 5,152 4.22 
The income tax effects of the special items are primarily calculated based on the statutory rate of the jurisdiction in which the discrete item resides.

ConocoPhillips
Table 2: Reconciliation of net cash provided by operating activities to cash from operations
$ millions, except as indicated
2Q24
Net Cash Provided by Operating Activities$4,919 
Adjustments:
Net operating working capital changes(148)
Cash from operations$5,067 

ConocoPhillips
Table 3: Reconciliation of reported production to pro forma underlying production
In MBOED, except as indicated
2Q24
2Q23
2024 YTD
2023 YTD
Total reported ConocoPhillips production1,945 1,805 1,923 1,798 
Closed Dispositions1
— (2)— (2)
Closed Acquisitions2
— 66 — 67 
Total pro forma underlying production1,945 1,869 1,923 1,863 
1Includes production related to various Lower 48 dispositions.
2Includes production related to the acquisition of remaining 50% working interest in Surmont.

ConocoPhillips announces second-quarter 2024 results, quarterly dividend and VROC
ConocoPhillips
Table 4: Reconciliation of adjusted corporate segment net loss
$ millions, except as indicated
2024 Full Year Guidance
Corporate and other earnings(800) - (900)
Adjustments to exclude special items:
None— 
Adjusted corporate segment net loss(800) - (900)
ConocoPhillips
Table 5: Reconciliation of production and operating expenses to adjusted operating costs
$ millions, except as indicated
2024 Full Year Guidance
Production and operating expenses8,550 - 8,600
Selling, general and administrative (G&A) expenses650 - 700
Operating Costs9,200 - 9,300
Adjustments to exclude special items: 
None— 
Adjusted operating costs9,200 - 9,300

Exhibit 99.2
conocophillipslogo23a.jpg        
Second-Quarter 2024 Detailed Supplemental Information

20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
$ Millions, Except as Indicated
CONSOLIDATED INCOME STATEMENT
Revenues and Other Income
  Sales and other operating revenues14,811 12,351 14,250 14,729 56,141 13,848 13,620 27,468 
  Equity in earnings of affiliates499 412 388 421 1,720 421 403 824 
  Gain (loss) on dispositions93 (1)108 28 228 93 (5)88 
  Other income (loss)114 122 120 129 485 114 118 232 
    Total Revenues and Other Income15,517 12,884 14,866 15,307 58,574 14,476 14,136 28,612 
Costs and Expenses
  Purchased commodities6,138 4,616 5,543 5,678 21,975 5,334 4,858 10,192 
  Production and operating expenses1,779 1,886 1,995 2,033 7,693 2,015 2,164 4,179 
  Selling, general and administrative expenses159 205 169 172 705 178 164 342 
  Exploration expenses138 83 92 85 398 112 102 214 
  Depreciation, depletion and amortization1,942 2,010 2,095 2,223 8,270 2,211 2,334 4,545 
  Impairments1 — 11 2 14 — 34 34 
  Taxes other than income taxes576 512 536 450 2,074 555 536 1,091 
  Accretion on discounted liabilities68 68 68 79 283 80 80 160 
  Interest and debt expense188 179 194 219 780 205 198 403 
  Foreign currency transactions (gain) loss(44)(14)55 95 92 (18)9 (9)
  Other expenses10 (23)8 7 2 (4)(2)(6)
    Total Costs and Expenses10,955 9,522 10,766 11,043 42,286 10,668 10,477 21,145 
Income (loss) before income taxes4,562 3,362 4,100 4,264 16,288 3,808 3,659 7,467 
  Income tax provision (benefit)1,642 1,130 1,302 1,257 5,331 1,257 1,330 2,587 
Net Income (loss)2,920 2,232 2,798 3,007 10,957 2,551 2,329 4,880 
Net Income Per Share of Common Stock (dollars)
  Basic2.38 1.84 2.33 2.53 9.08 2.16 1.99 4.15 
  Diluted2.38 1.84 2.32 2.52 9.06 2.15 1.98 4.14 
Weighted-Average Common Shares Outstanding (in thousands)*
  Basic1,220,228 1,207,443 1,196,641 1,187,144 1,202,757 1,177,921 1,168,198 1,173,410 
  Diluted1,223,355 1,210,342 1,199,746 1,189,903 1,205,675 1,180,320 1,170,299 1,175,595 
*Ending Common Shares Outstanding is 1,161,250 as of June 30, 2024, compared with 1,169,534 as of March 31, 2024.
INCOME (LOSS) BEFORE INCOME TAXES
Alaska567 510 606 737 2,420 468 495 963 
Lower 482,378 1,581 2,257 2,008 8,224 1,766 1,626 3,392 
Canada8 43 125 252 428 236 347 583 
Europe, Middle East and North Africa1,244 982 893 1,135 4,254 1,081 917 1,998 
Asia Pacific582 451 509 462 2,004 517 539 1,056 
Other International1 (5)1 (10)(13)(1)3 2 
Corporate and Other(218)(200)(291)(320)(1,029)(259)(268)(527)
Consolidated4,562 3,362 4,100 4,264 16,288 3,808 3,659 7,467 


conocophillipslogo23a.jpg
20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
EFFECTIVE INCOME TAX RATES
Alaska*26.7 %27.0 %26.1 %26.4 %26.5 %26.1 %27.4 %26.8 %
Lower 4822.1 %22.2 %21.1 %20.4 %21.4 %21.8 %22.6 %22.2 %
Canada21.9 %26.6 %(48.6)%29.5 %6.1 %23.6 %24.6 %24.2 %
Europe, Middle East and North Africa70.6 %73.1 %71.7 %73.0 %72.1 %71.9 %72.5 %72.2 %
Asia Pacific10.3 %14.1 %8.9 %(27.3)%2.1 %0.9 %17.8 %9.5 %
Other International— %— %756.2 %18.8 %(0.2)%7.7 %— %(3.1)%
Corporate and Other(11.3)%75.9 %(14.3)%38.3 %20.2 %33.8 %7.2 %20.2 %
Consolidated36.0 %33.6 %31.8 %29.5 %32.7 %33.0 %36.3 %34.6 %
*Alaska including taxes other than income taxes.42.3 %41.1 %40.8 %32.9 %39.0 %42.5 %42.5 %42.5 %

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
$ Millions
EARNINGS BY SEGMENT
Alaska416 372 448 542 1,778 346 360 706 
Lower 481,852 1,230 1,781 1,598 6,461 1,381 1,259 2,640 
Canada6 32 186 178 402 180 261 441 
Europe, Middle East and North Africa365 264 253 307 1,189 304 251 555 
Asia Pacific522 387 465 587 1,961 512 444 956 
Other International1 (4)(2)(8)(13)(1)3 2 
Corporate and Other(242)(49)(333)(197)(821)(171)(249)(420)
Consolidated2,920 2,232 2,798 3,007 10,957 2,551 2,329 4,880 
SPECIAL ITEMS
Alaska— — — — — — — — 
Lower 48— — 100 — 100 66 — 66 
Canada— — 92 — 92 — — — 
Europe, Middle East and North Africa— — — — — — — — 
Asia Pacific— — 52 203 255 76 — 76 
Other International— — — — — — — — 
Corporate and Other— — (47)(58)(105)— — — 
Consolidated— — 197 145 342 142 — 142 
Detailed reconciliation of these items is provided on page 5.
ADJUSTED EARNINGS
Alaska416 372 448 542 1,778 346 360 706 
Lower 481,852 1,230 1,681 1,598 6,361 1,315 1,259 2,574 
Canada6 32 94 178 310 180 261 441 
Europe, Middle East and North Africa365 264 253 307 1,189 304 251 555 
Asia Pacific522 387 413 384 1,706 436 444 880 
Other International1 (4)(2)(8)(13)(1)3 2 
Corporate and Other(242)(49)(286)(139)(716)(171)(249)(420)
Consolidated2,920 2,232 2,601 2,862 10,615 2,409 2,329 4,738 

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
ADJUSTED EFFECTIVE INCOME TAX RATES
Alaska26.7 %27.0 %26.1 %26.4 %26.5 %26.1 %27.4 %26.8 %
Lower 4822.1 %22.2 %22.3 %20.4 %21.8 %21.7 %22.6 %22.1 %
Canada21.9 %26.6 %24.5 %29.5 %27.6 %23.6 %24.6 %24.2 %
Europe, Middle East and North Africa70.6 %73.1 %71.7 %73.0 %72.1 %71.9 %72.5 %72.2 %
Asia Pacific10.3 %14.1 %19.1 %16.7 %14.8 %15.6 %17.8 %16.7 %
Other International— %— %756.2 %18.8 %(0.2)%7.7 %— %(3.1)%
Corporate and Other(11.3)%75.9 %(23.1)%43.5 %20.2 %33.8 %7.2 %20.2 %
Consolidated36.0 %33.6 %36.0 %34.0 %35.0 %35.3 %36.3 %35.8 %

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
$ Millions
DETAILED SPECIAL ITEMS
Alaska
  Total— — — — — — –   — 
Lower 48
Gain (loss) on asset sales— — 94 — 94 86 – 86 
Subtotal before income taxes— — 94 — 94 86 – 86 
Income tax provision (benefit)— — (6)— (6)20 – 20 
  Total— — 100 — 100 66 – 66 
Canada
Income tax provision (benefit)¹— — (92)— (92)— –   — 
  Total— — 92 — 92 — –   — 
Europe, Middle East and North Africa
  Total— — — — — — –   — 
Asia Pacific
Income tax provision (benefit)²— — (52)(203)(255)(76)– (76)
  Total— — 52 203 255 76 – 76 
Other International
  Total— — — — — — –   — 
Corporate and Other
Gain (loss) on CAD FX derivative— — (59)(73)(132)— –   — 
Subtotal before income taxes— — (59)(73)(132)— –   — 
Income tax provision (benefit)— — (12)(15)(27)— –   — 
  Total— — (47)(58)(105)— –   — 
Total Company— — 197 145 342 142 – 142 
¹Includes a tax adjustment in 3Q23 related to closure of an audit.
²Includes a tax adjustment in 3Q23 and 1Q24 related to Malaysia deepwater investment tax incentive and 4Q23 adjustment related to reversal of a tax reserve.

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
$ Millions
CONSOLIDATED BALANCE SHEET
Assets
  Cash and cash equivalents6,974 5,735 8,830 5,635 5,635 5,574 4,294   4,294 
  Short-term investments1,635 1,080 616 971 971 487 1,723   1,723 
  Accounts and notes receivable5,280 4,517 5,658 5,461 5,461 5,444 5,285   5,285 
  Accounts and notes receivable—related parties16 14 13 13 13 14 22   22 
  Inventories1,258 1,236 1,326 1,398 1,398 1,443 1,447   1,447 
  Prepaid expenses and other current assets953 919 738 852 852 759 963   963 
       Total Current Assets16,116 13,501 17,181 14,330 14,330 13,721 13,734   13,734 
  Investments and long-term receivables8,197 8,618 8,731 9,130 9,130 9,132 9,304   9,304 
  Net properties, plants and equipment65,090 65,452 65,561 70,044 70,044 69,907 70,226   70,226 
  Other assets2,038 2,034 2,178 2,420 2,420 2,588 2,730   2,730 
Total Assets91,441 89,605 93,651 95,924 95,924 95,348 95,994   95,994 
Liabilities
  Accounts payable5,078 4,597 5,119 5,083 5,083 5,101 5,065   5,065 
  Accounts payable—related parties22 29 24 34 34 37 91   91 
  Short-term debt1,317 879 881 1,074 1,074 1,113 1,312   1,312 
  Accrued income and other taxes2,847 1,692 1,919 1,811 1,811 2,116 2,016   2,016 
  Employee benefit obligations420 552 691 774 774 405 516   516 
  Other accruals1,869 1,799 1,704 1,229 1,229 1,391 1,324   1,324 
       Total Current Liabilities11,553 9,548 10,338 10,005 10,005 10,163 10,324   10,324 
  Long-term debt15,266 15,565 18,182 17,863 17,863 17,304 17,040   17,040 
  Asset retirement obligations and accrued
  environmental costs		6,324 6,357 6,425 7,220 7,220 7,141 7,238   7,238 
  Deferred income taxes7,927 8,038 8,325 8,813 8,813 8,776 8,927   8,927 
  Employee benefit obligations1,007 981 956 1,009 1,009 967 990   990 
  Other liabilities and deferred credits1,581 1,585 1,680 1,735 1,735 1,672 1,730   1,730 
Total Liabilities43,658 42,074 45,906 46,645 46,645 46,023 46,249   46,249 
Equity
  Common stock issued
    Par value21 21 21 21 21 21 21   21 
    Capital in excess of par61,100 61,169 61,262 61,303 61,303 61,300 61,381   61,381 
  Treasury stock(61,904)(63,217)(64,529)(65,640)(65,640)(66,974)(68,005)  (68,005)
  Accumulated other comprehensive income (loss)(6,027)(5,925)(5,961)(5,673)(5,673)(5,917)(5,961)  (5,961)
  Retained earnings54,593 55,483 56,952 59,268 59,268 60,895 62,309   62,309 
Total Equity47,783 47,531 47,745 49,279 49,279 49,325 49,745   49,745 
Total Liabilities and Equity91,441 89,605 93,651 95,924 95,924 95,348 95,994   95,994 

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20232024
$ Millions1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
CASH FLOW INFORMATION
Cash Flows from Operating Activities
  Net income (loss)2,920 2,232 2,798 3,007 10,957 2,551 2,329   4,880 
  Depreciation, depletion and amortization1,942 2,010 2,095 2,223 8,270 2,211 2,334   4,545 
  Impairments1 — 11 2 14 — 34   34 
  Dry hole costs and leasehold impairments68 34 49 11 162 19 29   48 
  Accretion on discounted liabilities68 68 68 79 283 80 80   160 
  Deferred taxes324 165 264 392 1,145 87 124   211 
  Distributions more (less) than income from equity
  affiliates		491 161 268 44 964 308 56   364 
  (Gain) loss on dispositions(93)1 (108)(28)(228)(93)5   (88)
  Other(35)28 23 (236)(220)(66)76   10 
  Net working capital changes(283)(845)(23)(231)(1,382)(112)(148)  (260)
Net Cash Provided by Operating Activities5,403 3,854 5,445 5,263 19,965 4,985 4,919   9,904 
Cash Flows from Investing Activities
  Capital expenditures and investments(2,897)(2,923)(2,545)(2,883)(11,248)(2,916)(2,969)  (5,885)
  Working capital changes associated with investing
  activities		208 (122)(261)205 30 169 4   173 
  Acquisition of businesses, net of cash acquired— — — (2,724)(2,724)49 —   49 
  Proceeds from asset dispositions188 238 187 19 632 173 5   178 
  Net sales (purchases) of investments1,065 484 311 (487)1,373 405 (1,199)  (794)
  Other(12)7 (76)18 (63)(21)8   (13)
Net Cash Used in Investing Activities(1,448)(2,316)(2,384)(5,852)(12,000)(2,141)(4,151)  (6,292)
Cash Flows from Financing Activities
  Net issuance (repayment) of debt(43)(64)2,651 (136)2,408 (505)(58)  (563)
  Issuance of company common stock(97)2 38 5 (52)(61)4   (57)
  Repurchase of company common stock(1,700)(1,300)(1,300)(1,100)(5,400)(1,325)(1,021)  (2,346)
  Dividends paid(1,488)(1,350)(1,337)(1,408)(5,583)(924)(915)  (1,839)
  Other2 (13)(23)— (34)(10)(53)  (63)
Net Cash Used in Financing Activities(3,326)(2,725)29 (2,639)(8,661)(2,825)(2,043)  (4,868)
Effect of Exchange Rate Changes(104)(58)12 51 (99)(73)4   (69)
Net Change in Cash, Cash Equivalents and Restricted Cash525 (1,245)3,102 (3,177)(795)(54)(1,271)  (1,325)
Cash, cash equivalents and restricted cash at beginning of period6,694 7,219 5,974 9,076 6,694 5,899 5,845   5,899 
Cash, Cash Equivalents and Restricted Cash at End of Period7,219 5,974 9,076 5,899 5,899 5,845 4,574   4,574 
Restricted cash is included in the "Other assets" line of our Consolidated Balance Sheet.
CAPITAL EXPENDITURES AND INVESTMENTS
 Alaska406 363 371 565 1,705 720 691 1,411 
 Lower 481,704 1,653 1,521 1,609 6,487 1,616 1,649 3,265 
 Canada136 92 117 111 456 152 131 283 
 Europe, Middle East and North Africa209 358 267 277 1,111 219 227 446 
 Asia Pacific63 79 103 109 354 45 90 135 
 Other International— — — — — — — — 
 Corporate and Other379 378 166 212 1,135 164 181 345 
Total Capital Expenditures and Investments2,897 2,923 2,545 2,883 11,248 2,916 2,969 5,885 
Capitalized interest included in total capital expenditures and investments26 39 45 43 153 50 58 108 

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
TOTAL SEGMENTS
Production
Total (MBOED)1,792 1,805 1,806 1,902 1,826 1,902 1,945 1,923 
Crude Oil (MBD)
  Consolidated operations926 918 914 936 923 928 942 934 
  Equity affiliates11 13 13 13 13 16 13 15 
  Total937 931 927 949 936 944 955 949 
NGL (MBD)
  Consolidated operations264 275 283 293 279 271 287 279 
  Equity affiliates7 8 8 8 8 8 8 8 
  Total271 283 291 301 287 279 295 287 
Bitumen (MBD)
  Consolidated operations69 66 64 125 81 129 133 131 
  Total69 66 64 125 81 129 133 131 
Natural Gas (MMCFD)
  Consolidated operations1,922 1,896 1,889 1,954 1,916 2,035 2,123 2,079 
  Equity affiliates1,166 1,251 1,252 1,207 1,219 1,267 1,247 1,257 
  Total3,088 3,147 3,141 3,161 3,135 3,302 3,370 3,336 
Industry Prices
Crude Oil ($/BBL)
  WTI76.13 73.78 82.26 78.32 77.62 76.96 80.57 78.76 
  WCS51.31 58.62 69.36 56.43 58.93 57.57 66.96 62.27 
  Brent dated81.27 78.39 86.76 84.05 82.62 83.24 84.94 84.09 
  JCC ($/BBL)100.49 87.19 84.04 83.08 88.70 92.29 84.19 88.24 
Natural Gas ($/MMBTU)
  Henry Hub first of month3.44 2.09 2.54 2.88 2.74 2.25 1.89 2.07 
Average Realized Prices
Total ($/BOE)60.86 54.50 60.05 58.21 58.39 56.60 56.56 56.58 
Crude Oil ($/BBL)
  Consolidated operations77.60 74.18 83.22 80.83 78.97 78.67 81.31 80.00 
  Equity affiliates80.97 75.10 78.73 79.23 78.45 76.94 80.34 78.47 
  Total77.65 74.19 83.15 80.80 78.96 78.64 81.30 79.98 
NGL ($/BBL)
  Consolidated operations24.97 20.05 22.52 21.22 22.12 23.35 21.84 22.57 
  Equity affiliates57.71 43.62 39.53 49.59 47.09 52.09 49.83 51.00 
  Total25.84 20.72 23.01 21.97 22.82 24.25 22.60 23.40 
Bitumen ($/BBL)
  Consolidated operations29.49 41.01 57.85 42.34 42.15 44.30 54.59 49.44 
  Total29.49 41.01 57.85 42.34 42.15 44.30 54.59 49.44 
Natural Gas ($/MCF)
  Consolidated operations5.65 2.89 3.29 3.75 3.89 2.91 1.88 2.39 
  Equity affiliates9.95 8.23 7.73 8.03 8.46 8.26 7.98 8.12 
  Total7.30 5.04 5.06 5.41 5.69 5.02 4.22 4.61 

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
Exploration Expenses ($ Millions)
Dry holes49 23 37 — 109 19 25 44 
Leasehold impairment19 11 12 11 53 — 4 4 
Total noncash expenses68 34 49 11 162 19 29 48 
Other (G&A, G&G and lease rentals)70 49 43 74 236 93 73 166 
Total exploration expenses138 83 92 85 398 112 102 214 
U.S. exploration expenses108 51 29 37 225 66 42 108 
International exploration expenses30 32 63 48 173 46 60 106 
DD&A ($ Millions)
 Alaska260 267 259 275 1,061 324 321 645 
 Lower 481,319 1,407 1,489 1,507 5,722 1,432 1,557 2,989 
 Canada91 84 89 156 420 158 166 324 
 Europe, Middle East and North Africa153 139 134 161 587 180 175 355 
 Asia Pacific113 108 117 117 455 110 107 217 
 Other International— — — — — — — — 
 Corporate and Other6 5 7 7 25 7 8 15 
Total DD&A1,942 2,010 2,095 2,223 8,270 2,211 2,334 4,545 

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
PRODUCTION
Crude Oil (MBD)
  Consolidated operations
   Alaska179 176 165 174 173 180 170 175 
   Lower 48561 565 572 576 569 553 575 564 
   Canada6 6 8 15 9 18 17 17 
     Norway70 65 60 63 64 68 68 68 
     Libya47 48 48 48 48 50 51 50 
   Europe, Middle East and North Africa117 113 108 111 112 118 119 118 
     China34 32 31 31 32 32 34 33 
     Malaysia29 26 30 29 28 27 27   27 
   Asia Pacific63 58 61 60 60 59 61 60 
  Total consolidated operations926 918 914 936 923 928 942 934 
  Equity affiliates11 13 13 13 13 16 13 15 
  Total937 931 927 949 936 944 955 949 
NGL (MBD)
  Consolidated operations
   Alaska18 16 14 15 16 14 14 14 
   Lower 48239 252 263 269 256 247 264 255 
   Canada3 3 3 5 3 6 6 6 
     Norway4 4 3 4 4 4 3 4 
   Europe, Middle East and North Africa4 4 3 4 4 4 3 4 
  Total consolidated operations264 275 283 293 279 271 287 279 
  Equity affiliates7 8 8 8 8 8 8 8 
  Total271 283 291 301 287 279 295 287 
Bitumen (MBD)
  Canada69 66 64 125 81 129 133 131 
  Total69 66 64 125 81 129 133 131 
Natural Gas (MMCFD)
  Consolidated operations
   Alaska42 34 36 39 38 42 36 39 
   Lower 481,418 1,478 1,490 1,440 1,457 1,479 1,597 1,539 
   Canada64 58 57 82 65 100 121 110 
     Norway313 256 235 313 279 329 301 315 
     Libya29 30 29 29 29 29 27 28 
   Europe, Middle East and North Africa342 286 264 342 308 358 328 343 
     Malaysia56 40 42 51 48 56 41 48 
   Asia Pacific56 40 42 51 48 56 41 48 
  Total consolidated operations1,922 1,896 1,889 1,954 1,916 2,035 2,123 2,079 
  Equity affiliates1,166 1,251 1,252 1,207 1,219 1,267 1,247 1,257 
  Total3,088 3,147 3,141 3,161 3,135 3,302 3,370 3,336 
Total (MBOED)
  Consolidated operations
   Alaska204 198 185 195 195 201 190 196 
   Lower 481,036 1,063 1,083 1,086 1,067 1,046 1,105 1,075 
   Canada89 85 85 158 104 170 176 173 
     Norway126 112 102 119 115 127 121 124 
     Libya52 53 53 53 53 55 56 55 
   Europe, Middle East and North Africa178 165 155 172 168 182 177 179 
     China34 32 31 31 32 32 34 33 
     Malaysia38 33 37 38 36 36 34 35 
   Asia Pacific72 65 68 69 68 68 68 68 
  Total consolidated operations1,579 1,576 1,576 1,680 1,602 1,667 1,716 1,691 
  Equity affiliates213 229 230 222 224 235 229 232 
  Total1,792 1,805 1,806 1,902 1,826 1,902 1,945 1,923 

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
AVERAGE REALIZED PRICES
Crude Oil ($/BBL)
  Consolidated operations
   Alaska82.22 76.09 86.98 87.25 83.05 83.59 86.44 85.08 
   Lower 4874.36 72.06 80.75 77.43 76.19 75.51 78.72 77.14 
   Canada65.07 59.40 70.83 66.32 66.19 64.40 68.90 66.57 
     Norway85.34 80.39 87.27 85.35 84.56 85.36 83.96 84.74 
     Libya80.41 78.65 87.74 85.92 83.07 84.11 85.44 84.73 
   Europe, Middle East and North Africa83.52 79.64 87.45 85.60 83.96 84.83 84.62 84.74 
     China76.93 75.27 84.71 84.53 80.35 80.59 82.16 81.47 
     Malaysia89.99 83.92 92.63 92.64 90.11 89.40 91.70 90.56 
   Asia Pacific83.50 78.64 89.10 87.47 84.79 85.05 86.47 85.81 
  Total consolidated operations77.60 74.18 83.22 80.83 78.97 78.67 81.31 80.00 
  Equity affiliates80.97 75.10 78.73 79.23 78.45 76.94 80.34 78.47 
  Total77.65 74.19 83.15 80.80 78.96 78.64 81.30 79.98 
NGL ($/BBL)
  Consolidated operations
   Lower 4824.58 19.61 22.03 20.93 21.73 22.67 21.57 22.10 
   Canada29.02 17.11 26.26 30.28 26.13 35.47 27.01 31.23 
     Norway47.91 37.06 43.08 38.48 41.13 46.32 39.60 43.99 
   Europe, Middle East and North Africa47.91 37.06 43.08 38.48 41.13 46.32 39.60 43.99 
  Total consolidated operations24.97 20.05 22.52 21.22 22.12 23.35 21.84 22.57 
  Equity affiliates57.71 43.62 39.53 49.59 47.09 52.09 49.83 51.00 
  Total25.84 20.72 23.01 21.97 22.82 24.25 22.60 23.40 
Bitumen ($/BBL)
  Canada29.49 41.01 57.85 42.34 42.15 44.30 54.59 49.44 
  Total29.49 41.01 57.85 42.34 42.15 44.30 54.59 49.44 
Natural Gas ($/MCF)
  Consolidated operations
   Alaska4.58 4.38 4.40 4.48 4.47 3.91 4.03 3.96 
   Lower 482.92 1.43 2.24 1.93 2.12 1.57 0.32 0.92 
   Canada4.64 0.56 0.67 1.27 1.80 1.01 0.36 0.66 
     Norway18.04 11.32 10.07 12.70 13.33 9.02 9.89 9.44 
     Libya7.67 6.67 5.86 5.78 6.49 6.39 6.23 6.31 
   Europe, Middle East and North Africa17.18 10.83 9.61 12.12 12.68 8.81 9.59 9.18 
     Malaysia4.30 4.10 3.77 3.60 3.95 3.68 3.98 3.81 
   Asia Pacific4.30 4.10 3.77 3.60 3.95 3.68 3.98 3.81 
  Total consolidated operations5.65 2.89 3.29 3.75 3.89 2.91 1.88 2.39 
  Equity affiliates9.95 8.23 7.73 8.03 8.46 8.26 7.98 8.12 
  Total7.30 5.04 5.06 5.41 5.69 5.02 4.22 4.61 

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20232024
1st Qtr2nd Qtr3rd Qtr4th QtrFull Year1st Qtr2nd Qtr3rd Qtr4th QtrYTD
CORPORATE AND OTHER
Corporate and Other Earnings (Loss) ($ Millions)(242)(49)(333)(197)(821)(171)(249)(420)
Detail of Earnings (Loss) ($ Millions)
Net interest expense(90)(86)(91)(93)(360)(93)(89)(182)
Corporate G&A expenses(90)(96)(87)(84)(357)(105)(78)(183)
Technology*6 (11)(14)(15)(34)(24)(44)(68)
Other(68)144 (141)(5)(70)51 (38)13 
Total(242)(49)(333)(197)(821)(171)(249)(420)
*Includes investment in new technologies or businesses outside of our normal scope of operations and licensing revenues.
Before-Tax Net Interest Expense ($ Millions)
Interest expense(214)(218)(239)(262)(933)(255)(256)(511)
Capitalized interest*26 39 45 43 153 50 58 108 
Interest revenue95 97 110 101 403 101 95 196 
Total(93)(82)(84)(118)(377)(104)(103)(207)
*Capitalized interest represents interest from external borrowings which is capitalized on major projects with an expected construction period of one year or longer.
Debt
Total debt ($ Millions)16,583 16,444 19,063 18,937 18,937 18,417 18,352 18,352 
Debt-to-capital ratio (%)26 %26 %29 %28 %28 %27 %27 %27 %
Equity ($ Millions)47,783 47,531 47,745 49,279 49,279 49,325 49,745 49,745 
REFERENCE
Commonly Used Abbreviations
EarningsNet Income (Loss) Attributable to ConocoPhillips
DD&ADepreciation, Depletion and Amortization
G&GGeological and Geophysical
G&AGeneral and Administrative
JCCJapan Crude Cocktail
LNGLiquefied Natural Gas
NGLsNatural Gas Liquids
WCSWestern Canadian Select
WTIWest Texas Intermediate
Units of Measurement
BBLBarrel
BOEBarrel of Oil Equivalent
MMBBLMillion of Barrels
MBDThousand of Barrels per Day
MBOEDThousand of Barrels of Oil Equivalent per Day
MCFThousand Cubic Feet
MMBTUMillion British Thermal Units
MMCFDMillion Cubic Feet per Day

v3.24.2.u1
Cover
Aug. 01, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Aug. 01, 2024
Entity Registrant Name ConocoPhillips
Entity Incorporation, State or Country Code DE
Entity File Number 001-32395
Entity Tax Identification Number 01-0562944
Entity Address, Address Line One 925 N. Eldridge Parkway
Entity Address, City or Town Houston
Entity Address, State or Province TX
Entity Address, Postal Zip Code 77079
City Area Code 281
Local Phone Number 293-1000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0001163165
Amendment Flag false
Document Information [Line Items]  
Entity Registrant Name ConocoPhillips
Common Stock, $.01 Par Value  
Document Information [Line Items]  
Title of 12(b) Security Common Stock, $.01 Par Value
Trading Symbol COP
Security Exchange Name NYSE
7% Debentures due 2029  
Document Information [Line Items]  
Title of 12(b) Security 7% Debentures due 2029
Trading Symbol CUSIP-718507BK1
Security Exchange Name NYSE
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