ConocoPhillips Files 10-Q for Q2 2024

Ticker: COP · Form: 10-Q · Filed: 2024-08-01T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, earnings, oil-gas

TL;DR

ConocoPhillips Q2 2024 10-Q filed. Operations normal.

AI Summary

ConocoPhillips reported its financial results for the period ending June 30, 2024. The company's filing indicates ongoing operations in the petroleum refining sector, with its principal executive offices located at 925 N. Eldridge Parkway in Houston, Texas. The filing covers the second quarter of 2024 and includes data related to its common stock and specific debentures.

Why It Matters

This filing provides investors and analysts with the latest financial performance and operational details of ConocoPhillips, a major player in the energy sector.

Risk Assessment

Risk Level: low — The filing is a routine quarterly report and does not indicate any immediate or unusual risks.

Key Numbers

2024 Q2 — Reporting Period (Second quarter financial results)
12-31 2024 — Fiscal Year End (Company's fiscal year closing date)

Key Players & Entities

ConocoPhillips (company) — Filer of the 10-Q
925 N. Eldridge Parkway, Houston, TX 77079 (location) — Business Address
20240630 (date) — Conformed Period of Report
20240801 (date) — Filed as of Date

FAQ

What is the filing type and period covered?

The filing is a 10-Q for the period ended June 30, 2024.

What is ConocoPhillips's primary business sector?

ConocoPhillips is in the PETROLEUM REFINING sector, SIC code 2911.

Where is ConocoPhillips headquartered?

ConocoPhillips's business address is 925 N. Eldridge Parkway, Houston, TX 77079.

What is the SEC file number for ConocoPhillips?

The SEC file number is 001-32395.

Does the filing mention any specific financial instruments?

Yes, the filing references 'SevenPercentDebenturesDueTwentyTwentyNineMember'.

From the Filing

0001163165-24-000037.txt : 20240801 0001163165-24-000037.hdr.sgml : 20240801 20240801134705 ACCESSION NUMBER: 0001163165-24-000037 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 100 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240801 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-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-32395 FILM NUMBER: 241165780 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-Q 1 cop-20240630.htm 10-Q cop-20240630 0001163165 12-31 2024 Q2 false http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent P1Y 4.5 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure iso4217:CAD cop:lawsuit cop:well utr:Bcf iso4217:USD utr:Boe cop:segment 0001163165 2024-01-01 2024-06-30 0001163165 us-gaap:CommonStockMember 2024-01-01 2024-06-30 0001163165 cop:SevenPercentDebenturesDueTwentyTwentyNineMember 2024-01-01 2024-06-30 0001163165 2024-06-30 0001163165 2024-04-01 2024-06-30 0001163165 2023-04-01 2023-06-30 0001163165 2023-01-01 2023-06-30 0001163165 2023-12-31 0001163165 us-gaap:NonrelatedPartyMember 2024-06-30 0001163165 us-gaap:NonrelatedPartyMember 2023-12-31 0001163165 us-gaap:RelatedPartyMember 2024-06-30 0001163165 us-gaap:RelatedPartyMember 2023-12-31 0001163165 2022-12-31 0001163165 2023-06-30 0001163165 cop:SurmontMember 2023-10-04 0001163165 cop:SurmontMember 2023-10-04 2023-10-04 0001163165 cop:SurmontMember 2024-01-01 2024-06-30 0001163165 cop:SurmontMember 2023-04-01 2023-06-30 0001163165 srt:ProFormaMember 2023-04-01 2023-06-30 0001163165 cop:SurmontMember 2023-01-01 2023-06-30 0001163165 srt:ProFormaMember 2023-01-01 2023-06-30 0001163165 cop:AustraliaPacificAplngMember 2024-06-30 0001163165 cop:PortArthurLNGMember 2023-03-31 0001163165 cop:PortArthurLNGMember 2024-06-30 0001163165 cop:QatarEnergyLNGN3Member 2024-06-30 0001163165 cop:QatarEnergyMember cop:QatarEnergyLNGN3Member 2024-06-30 0001163165 cop:MitsuiCoLtdMember cop:QatarEnergyLNGN3Member 2024-06-30 0001163165 cop:QatarEnergyLNGNFE4Member 2024-06-30 0001163165 cop:QatarEnergyMember cop:QatarEnergyLNGNFE4Member 2024-06-30 0001163165 cop:QatarEnergyLNGNFE4Member cop:ChinaNationalPetroleumCorporationMember 2024-06-30 0001163165 cop:QatarEnergyLNGNFS3Member 2024-06-30 0001163165 cop:QatarEnergyMember cop:QatarEnergyLNGNFS3Member 2024-06-30 0001163165 cop:QatarLiquifiedGasCompanyMember 2024-06-30 0001163165 cop:QatarEnergyMember cop:QatarEnergyLNGNFE4Member 2024-04-01 2024-06-30 0001163165 cop:A2125NoteDue2024Member us-gaap:NotesPayableToBanksMember 2024-01-01 2024-03-31 0001163165 cop:A2125NoteDue2024Member us-gaap:NotesPayableToBanksMember 2024-03-31 0001163165 us-gaap:RevolvingCreditFacilityMember 2024-06-30 0001163165 srt:MaximumMember us-gaap:LetterOfCreditMember 2024-06-30 0001163165 us-gaap:RevolvingCreditFacilityMember 2023-12-31 0001163165 cop:VariableRateDebtBondsMember 2024-06-30 0001163165 us-gaap:CommonStockMember 2024-03-31 0001163165 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001163165 us-gaap:TreasuryStockCommonMember 2024-03-31 0001163165 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001163165 us-gaap:RetainedEarningsMember 2024-03-31 0001163165 2024-03-31 0001163165 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001163165 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2024-06-30 0001163165 us-gaap:TreasuryStockCommonMember 2024-04-01 2024-06-30 0001163165 us-gaap:AdditionalPa