ConocoPhillips Announces Quarterly Dividend
ConocoPhillips (NYSE: COP) today announced a quarterly dividend of 26.5 cents per share, payable Sept. 1, 2017, to stockholders
of record at the close of business on July 24, 2017.
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About ConocoPhillips
ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in
Houston, Texas, ConocoPhillips had operations and activities in 17 countries, $88 billion of total assets, and approximately 13,100
employees as of March 31, 2017. Production excluding Libya averaged 1,584 MBOED for the three months ended March 31, 2017, and
proved reserves were 6.4 billion BOE as of Dec. 31, 2016.
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. Forward-looking statements relate to future events and anticipated
results of operations, business strategies, and other aspects of our operations or operating results. In many cases you can
identify forward-looking statements by terminology such as "anticipate," "estimate," "believe," "continue," "could," "intend,"
"may," "plan," "potential," "predict," "should," "will," "expect," "objective," "projection," "forecast," "goal," "guidance,"
"outlook," "effort," "target" and other similar words. 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 have a reasonable basis. However, there can be no assurance
that such expectation or belief will result or be achieved. The actual results of operations can and will be affected by a variety
of risks and other matters including, but not limited to, changes in commodity prices; changes in expected levels of oil and gas
reserves or production; operating hazards, drilling risks, unsuccessful exploratory activities; difficulties in developing new
products and manufacturing processes; unexpected cost increases; international monetary conditions; potential liability for
remedial actions under existing or future environmental regulations; potential liability resulting from pending or future
litigation; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic
or international financial markets; and general domestic and international economic and political conditions; as well as changes in
tax, environmental and other laws applicable to our business. Other factors that could cause actual results to differ materially
from those described in the forward-looking statements include 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 undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information,
future events or otherwise.
ConocoPhillips
Daren Beaudo, 281-293-2073 (media)
daren.beaudo@conocophillips.com
or
Andy O’Brien, 281-293-5000 (investors)
andy.m.obrien@conocophillips.com
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