ConocoPhillips to Hold Third-Quarter Earnings Conference Call on Tuesday, Nov. 2
September 22 2021 - 3:00PM
Business Wire
ConocoPhillips (NYSE: COP) will host a conference call webcast
on Tuesday, Nov. 2, 2021, at 12:00 p.m. Eastern time to discuss
third-quarter 2021 financial and operating results. The company’s
financial and operating results will be released before the market
opens on Nov. 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. You should register at least 15 minutes prior to the start
of the webcast. The event will be archived and available for replay
later the same day. A transcript will be available on the Investor
Relations site.
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About ConocoPhillips
Headquartered in Houston, Texas, ConocoPhillips had operations
and activities in 15 countries, $85 billion of total assets, and
approximately 10,100 employees as of June 30, 2021. Production
excluding Libya averaged 1,518 MBOED for the six months ended June
30, 2021, and proved reserves were 4.5 BBOE as of Dec. 31, 2020.
For more information, go to www.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 and anticipated results of operations,
business strategies, and other aspects of our operations or
operating results. Words and phrases such as “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 the
impact of public health crises, including pandemics (such as
COVID-19) and epidemics and any related company or government
policies or actions; global and regional changes in the demand,
supply, prices, differentials or other market conditions affecting
oil and gas, including changes resulting 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; changes in commodity prices,
including a prolonged decline in these prices relative to
historical or future expected levels; 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 or technical difficulties in
constructing, maintaining or modifying company facilities;
legislative and regulatory initiatives addressing global climate
change or other environmental concerns; investment in and
development of competing or alternative energy sources; disruptions
or interruptions impacting the transportation for our oil and gas
production; international monetary conditions and exchange rate
fluctuations; changes in international trade relationships,
including the imposition of trade restrictions or tariffs on any
materials or products (such as aluminum and steel) used in the
operation of our business; our ability to collect payments when due
under our settlement agreement with PDVSA; our ability to collect
payments from the government of Venezuela as ordered by the ICSID;
our ability to liquidate the common stock issued to us by Cenovus
Energy Inc. at prices we deem acceptable, or at all; our ability to
complete the acquisition of assets from Shell US E&P
Investments LLC (the “Shell Acquisition”) or any announced or any
future dispositions or acquisitions on time, if at all; the
possibility that regulatory approvals for the Shell Acquisition or
any announced or any future dispositions or acquisitions will not
be received on a timely basis, if at all, or that such approvals
may require modification to the terms of the transactions or our
remaining business; business disruptions during or following the
Shell Acquisition or any other announced or any 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; potential liability for remedial actions under existing
or future environmental regulations; potential liability resulting
from pending or future litigation, including litigation related to
our transaction with Concho Resources Inc. (Concho); the impact of
competition and consolidation in the oil and gas industry; limited
access to capital or significantly higher cost of capital related
to illiquidity or uncertainty in the domestic or international
financial markets; general domestic and international economic and
political conditions; the ability to successfully integrate the
assets from the Shell Acquisition or achieve the anticipated
benefits from the transaction; the ability to successfully
integrate the operations of Concho with our operations and achieve
the anticipated benefits from the transaction; unanticipated
difficulties or expenditures relating to the Shell Acquisition or
the Concho transaction; changes in fiscal regime or tax,
environmental and other laws applicable to our business; and
disruptions resulting from extraordinary weather events, civil
unrest, war, terrorism or a cyber attack; 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210922005926/en/
Dennis Nuss (media) 281-293-1149 dennis.nuss@conocophillips.com Investor Relations
281-293-5000 investor.relations@conocophillips.com
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