ConocoPhillips became an independent E
MARKET CAP: 2012-2019 7-year CAGR of 1.0 percent per year
May 1, 2012: $68.6 Billion
May 1, 2019: $73.7 Billion (Compound Annual Growth Rate: 1.2 percent, Poor, poor shareholder)
DIVIDEND: Decreased 54 percent
May 1, 2012: $2.64 per share
May 1, 2019: $1.22 per/ share (poor, poor shareholder)
SHARE PRICE: 2012-2019 7-year CAGR of 1.5 percent per year
May 1, 2012: $56.51 per share
May 1, 2019: $62.67 per share (poor, poor shareholder)
PROVED RESERVES: Decreased 38 percent
Reported YE 2012: 8.6 MMBOE
Reported YE 2018: 5.3 MMBOE
PRODUCTION: Decreased 14 percent
Reported 2012 Daily Average: 1,527 MBOEPD
Reported Jan-Mar 2019 Daily Average: 1,318 MBOEPD
EMPLOYEES: Decreased 36 percent
Reported YE 2012: 16,900
Reported March 1, 2019: 10,800 (So sad. So sad. All those people gone. So sad)
May 1, 2012: World largest independent E&P based on production, reserves & market cap
May 1, 2019: Displaced by OXY following pending Anadarko acquisition
All of this achieved since May 1, 2012. CEO has received in excess of $100 million dollars in total compensation during this period.
Shareholder meeting is May 14, 2019, shareholders need to demand changes in BoD and Executive Management. This has to stop.