ConocoPhillips(COP) - 2024 Q4 - Earnings Call Presentation

ConocoPhillips 4Q24 Earnings Conference Call Feb. 6, 2025 ConocoPhillips 2 2024 Highlights and Recent Announcements Strategy Closed acquisition of Marathon Oil and on track to deliver $1B+ in synerqies Announced $10B return of capital tarqet for 2025 14% ROCE; 15% cash-adjusted Announced 2025 capital budget of ~$12.9B Operations Delivered total company and Lower 48 production of 1,987 MBOED and 1,152 MBOED, respectively Progressed $2B disposition target with signed agreements to divest $0.6B of noncore Lowe ...