ConocoPhillips Files 2023 Annual 10-K Report

TL;DR

**ConocoPhillips just dropped its 2023 annual report, giving us the full financial picture for the year.**

AI Summary

ConocoPhillips, a Houston, TX-based company primarily engaged in Petroleum Refining (SIC 2911), filed its 10-K annual report on February 15, 2024. This comprehensive filing covers the fiscal year ending December 31, 2023, providing detailed financial and operational information. The company's Central Index Key is 0001163165.

Why It Matters

This 10-K provides investors and the public with a detailed look into ConocoPhillips' financial health, operations, and risks for the past year, crucial for informed investment decisions in the energy sector.

Risk Assessment

Risk Level: medium — As a major player in the petroleum refining industry, ConocoPhillips faces inherent volatility from commodity prices, regulatory changes, and environmental concerns.

Key Numbers

• 2023-12-31 — Fiscal Year End (The period covered by the annual report.)
• 2024-02-15 — Filed As Of Date (The date the 10-K was officially submitted to the SEC.)
• 2911 — SIC Code (Standard Industrial Classification for Petroleum Refining, indicating the company's primary industry.)
• 177 — Public Document Count (Number of documents included in the filing.)

Key Players & Entities

• CONOCOPHILLIPS (company) — filer
• 01 Energy & Transportation (company) — organization name
• CORVETTEPORSCHE CORP (company) — former company name
• Houston (location) — business address city
• TX (location) — business address state
• 20231231 (date) — conformed period of report
• 20240215 (date) — filed as of date
• 0001163165 (identifier) — Central Index Key (CIK)

FAQ

From the Filing

0001163165-24-000010.txt : 20240215 0001163165-24-000010.hdr.sgml : 20240215 20240215140115 ACCESSION NUMBER: 0001163165-24-000010 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 177 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240215 DATE AS OF CHANGE: 20240215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONOCOPHILLIPS CENTRAL INDEX KEY: 0001163165 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 010562944 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32395 FILM NUMBER: 24643210 BUSINESS ADDRESS: STREET 1: 925 N. ELDRIDGE PARKWAY CITY: HOUSTON STATE: TX ZIP: 77079 BUSINESS PHONE: 281-293-1000 MAIL ADDRESS: STREET 1: SHIPPING & RECEIVING CENTER STREET 2: 16930 PARK ROW DR. CITY: HOUSTON STATE: TX ZIP: 77084 FORMER COMPANY: FORMER CONFORMED NAME: CORVETTEPORSCHE CORP DATE OF NAME CHANGE: 20011204 10-K 1 cop-20231231.htm 10-K cop-20231231 false 2023 FY 0001163165 --12-31 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#GainLossOnSaleOfPropertyPlantEquipment http://www.conocophillips.com/20231231#AssetRetirementObligationsAndAccruedEnvironmentalCostNonCurrent P2Y 4.5 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense 0001163165 2023-01-01 2023-12-31 0001163165 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001163165 cop:SevenPercentDebenturesDueTwentyTwentyNineMember 2023-01-01 2023-12-31 0001163165 2023-06-30 iso4217:USD 0001163165 2024-01-31 xbrli:shares 0001163165 2022-01-01 2022-12-31 0001163165 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001163165 2023-12-31 0001163165 2022-12-31 0001163165 us-gaap:NonrelatedPartyMember 2023-12-31 0001163165 us-gaap:NonrelatedPartyMember 2022-12-31 0001163165 us-gaap:RelatedPartyMember 2023-12-31 0001163165 us-gaap:RelatedPartyMember 2022-12-31 0001163165 2021-12-31 0001163165 2020-12-31 0001163165 us-gaap:CommonStockMember 2020-12-31 0001163165 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001163165 us-gaap:TreasuryStockCommonMember 2020-12-31 0001163165 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001163165 us-gaap:RetainedEarningsMember 2020-12-31 0001163165 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001163165 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001163165 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001163165 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001163165 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001163165 us-gaap:CommonStockMember 2021-12-31 0001163165 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001163165 us-gaap:TreasuryStockCommonMember 2021-12-31 0001163165 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001163165 us-gaap:RetainedEarningsMember 2021-12-31 0001163165 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001163165 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001163165 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001163165 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001163165 us-gaap:CommonStockMember 2022-12-31 0001163165 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001163165 us-gaap:TreasuryStockCommonMember 2022-12-31 0001163165 us-gaap:Ac