2019 ANNUAL MEETING OF STOCKHOLDERS M AY 1 4 , 2 0 1 9
RYAN LANCE CHAIRMAN & CEO 3
Agenda 1 Value Proposition to Stockholders 2 2018 Review 3 2019 Business Plan 4 Closing Remarks 4
Our Value Proposition Delivers Superior Returns Through Cycles THE RIGHT PORTFOLIO CONSISTENT PRINCIPLES DISCIPLINED PRIORITIES Low Invest capital to sustain Low Cost Returns Focused 1st Sustaining RETURNS production and pay of…
Our Value Proposition Delivers Superior Returns Through Cycles RESILIENCE, WITH UPSIDE ConocoPhillips Works ConocoPhillips Works at Lower Prices at Higher…
Relentless Focus on Execution Excellence 2018 Operations 2018 HSE Maintained record personal safety performance DELIVERED ON PRIORITIES A safety leader in peer group Grew underlying production 5% Continue to focus on personal and…
2018 Highlights Delivering on Our New Order Value Proposition Strategy Financials Operations Portfolio Delivered on priorities 6.3B earnings, 5.32 EPS; Safely executed capital Completed high-value 5.3B adjusted earnings1, program…
World-Class Diverse, Global Portfolio is a Key Differentiator Largest Alaska Independent E&P Norway 1.3 MMBOED1 Canada U.K U.S. Lower48 China World Class Qatar Resource 16…
2019: Sticking to the Plan & Keeping Our Discipline FY19 production 1,300 - 1,350 MBOED 3B planned buybacks, plus growing dividend ESG performance remains a top priority Alaska Bohai Phase 4 Advance GMT-2; Willow and Narwhal Expect…
ESG Performance Remains a Top Priority Environmental Sustainable Development Governance Board of Directors Public Policy Committee Executive Leadership Team (ELT) ELT Champions for Human Rights, Stakeholder Engagement, Water,…
Positioned for Differential Value Creation Smart Growth Focused on disciplined CFO growth per debt-adjusted share Enabled by low sustaining price and low cost of supply World-class portfolio; 16 BBOE of resource Superior Returns…