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Press release content from Business Wire. The AP news staff was not involved in its creation. ConocoPhillips Announces Matt Fox to Retire After 35 Years with the Company February 25, 2021 GMT HOUSTON--(BUSINESS WIRE)--Feb 25, 2021-- ConocoPhillips (NYSE: COP) today announced the retirement of Matt Fox as executive vice president and chief operating officer after a successful 35-year career with the company. The retirement is effective on May 1, 2021. Fox began his career with Conoco as a reservoir engineer and held numerous positions of increasing responsibility until becoming a member of the...

Provided by Business Wire ConocoPhillips Reports Fourth-Quarter and Full-Year 2020 Results; Announces Quarterly Dividend The 2020 results discussed herein reflect the performance of ConocoPhillips prior to the acquisition of Concho, which closed in January 2021. ConocoPhillips (NYSE: COP) today reported a fourth-quarter 2020 loss of $0.8 billion, or ($0.72) per share, compared with fourth-quarter 2019 earnings of $0.7 billion, or $0.65 per share. Excluding special items, fourth-quarter 2020 adjusted earnings were a loss of $0.2 billion, or ($0.19) per share, compared with f...

Press release content from Business Wire. The AP news staff was not involved in its creation. ConocoPhillips Completes Acquisition of Concho Resources January 15, 2021 GMT HOUSTON--(BUSINESS WIRE)--Jan 15, 2021-- ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Concho Resources (“Concho”) (NYSE: CXO) following approval by shareholders of both companies. “We appreciate the strong support for this transaction from the shareholders of both companies, which we view as further affirmation of the significant benefits it will deliver,” said Ryan Lance, Cono...

$600,000,000 98.16% In addition, ConocoPhillips announced that it has increased the exchange consideration for Existing Concho Notes validly tendered after the Early Tender Date from $970 principal amount of the New ConocoPhillips Notes per $1,000 principal amount of Existing Concho Notes to $1,000 principal amount of the New ConocoPhillips Notes per $1,000 principal amount of Existing Concho Notes. As previously contemplated, eligible holders tendering after the Early Tender Date will not receive any cash consideration, and as such, it remains the case that the consideration to be paid for E...