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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+insynerqiesAnnounced1B+ in synerqies Announced 10B return of capital tarqet for 2025 14% ROCE; 15% cash-adjusted Announced 2025 capital budget of ~12.9BOperationsDeliveredtotalcompanyandLower48productionof1,987MBOEDand1,152MBOED,respectivelyProgressed12.9B 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 ...