HAPPY FIVE-YEAR ANNIVERSARY: COP

On May 1, 2012, COP spun-off PSX. Pre-split COP shareholders were allotted 1 share of PSX for every 2 shares of COP. On the initial day of public trading on May 1, 2012, COP traded @ $56 per share Total: $145). Now COP trades @$48 per share TOTAL: $176). During this 5-year post- split period, COP quarterly dividend has DECREASED from $0.66 per share to $0.265 per share whereas PSX quarterly dividend has INCREASED from $0.20 per share to $0.63 per share. Other COP achievements during the 5-year post-split period since May 1, 2012:

PRODUCTION: 1578 MBOEPD (2012 Annual Report); 1516 MBOEPD (2016 Annual Report). Excluding the 2017 asset sales (San Juan: 124 MBOEPD 6.4 MMBOE (2016 Annual Report). Reserves may further decline due to the 2017 asset sales.

CAPEX SPEND: $15.7 MM (2012 Annual Report); $4.9 MM (2016 Annual Report)

EMPLOYEES: 16,900 (2012 Annual Report); 13,300 (2016 Annual Report). Headcount may be further reduced following the 2017 asset sales and restructuring.

Am sure there will be plenty of office celebrations this week. ELT & BOD must be really pleased with how they have steered this company the past 5 years. Am sure there will be a summary slide or two in this weeks earnings presentations and the annual shareholders meeting.

Comment! It's anonymous!

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I was laid off last September from a 25 year career with COP. I was heritage Conoco, and was extremely proud to work for a great company until 2003 when Phillips Petroleum bought Conoco!

Everything changed after that, and not for the good .

The last five years of service were in the EF, the worst management ever seen in my career. Not one senior manager nor supervisor had a clu because they had never carried a wrench, nor operated a well !!

D&C was the only bunch in the EF who had a clu in how to run and manage a business.

I was laid off last September from a 25 year career with COP. I was heritage Conoco, and was extremely proud to work for a great company until 2003 when Phillips Petroleum bought Conoco!

Everything changed after that, and not for the good .

D&C was the only bunch in the EF who had a clu in how to run and manage a business.

Will be interesting to hear how the last 5-years will be addressed in tomorrow's meeting w/ analysts. Hopefully the analysts will ask about the 5-year performance. Also, if the 5-year performance will be addressed during the May 16 stockholders meeting. Remember to vote your shares. Show your support in re-electing the BOD and for the Advisory Approval of Executive Compensation.

Don't forget the KoolAid in your festivities!

Are any offices having food brought in to celebrate the 5-Year Anniversary? We are decorating with balloons and streamers. Have baked some cupcakes for our team. Also, wrote a song:

If you're happy, happy, happy...clap your hands (clap , clap)

If you're happy, happy, happy...clap your hands (clap, clap)

If you're happy and you know it and you really want to share it

If you're happy, happy, happy...clap you hands (clap, clap)

Now EVERYBODY:

IF YOU'RE HAPPY, HAPPY, HAPPY...CLAP YOUR HANDS (CLAP, CLAP)

IF YOU'RE HAPPY, HAPPY, HAPPY....CLAP YOUR HANDS (CLAP, CLAP)

IF YOU'RE HAPPY AND YOU KNOW IT AND YOU REALLY WANT TO SHARE IT

IF YOU'RE HAPPY, HAPPY, HAPPY...CLAP YOUR HANDS (CLAP, CLAP )

I just know there will a lot of singing and clapping going on in the office today.

Let's do the company cheer:

We have SPIRIT VALUES yes we do

We have SPIRIT VALUES how about you?

Happy Anniversary....pass the cupcakes over here....yum yum.

Just think how many millions our CEO has made during this decent into the abyss.

at least the Titanic sank quickly

The crew of the Titanic celebrated after they only scraped an iceberg. We made it!

It truly is amazing that RL has absolutely destroyed this company. Shareholders are underwater and yet he continues to rake in the millions. I once used to be be proud to Conoco employee. Now I can't wait to not be.

A summary of the post-split COP "achievements" since the 5-year period May 1, 2012 - May 1, 2017:

Share Price: DECREASED from $56/share to $48/share

Quarterly Dividend: DECREASED from $0.66/share to $0.265/share

Reserves: DECREASED from 8.6 MMBOE to 5-6 MMBOE

(after 2017 asset sales: San Juan, Canada, PAB, Permian marginal, GOM marginal, Surmont)

Production: DECREASED from 1.6 MMBOEPD to 1 MMBOEPD (after 2017 asset sales)

CAPEX: DECREASED from $15.7 B to $5 B

Employees: DECREASED from 16,300 to 13,300 (possibly to 8,000 after 2017 asset sales)

Morale: DECREASED

Debt: INCREASED

By any measure and all measures, this is dismal and it is not improving. Why would anyone want to invest in COP? Why would any talented people want to work for COP? The ELT & BOD have to take responsibility.

On May 1, 2012, COP spun-off PSX. Pre-split COP shareholders received 1 share of PSX for every 2 shares of COP. On May 1, 2012, PSX was valued at $33/share and COP was valued $56/share. The value of the 3 shares was $145. Five years later, PSX is now $80/share and COP is $48/share. The value of the 3 shares is now $176. In addition, during the 5-year post-split period, PSX has increased the quarterly dividend from $0.20/share to $0.63/share. PSX is probably celebrating the 5 year anniversary. COP will probably not mention the anniversary during this weeks earnings meeting or the shareholder meeting.

Five years!!!! COP will one day make a great case study of what happens when arrogant narcissistic non-listening incestuous management takes over a company. We could have been great.

There have been lots of possible solutions over the last five years, but the ELT are not wise enough to see them. Meanwhile the ELT's bank accounts have increased and real employee's lives' damaged.

RESERVES: 8.6 MMBOE (2012 Annual Report) declined to 6.4 MMBOE (2016 Annual Report) excluding 2017 asset sales.

PRODUCTION: 1578 MBOEPD (2012 Annual Report) unchanged at 1567 MBOEPD (2016 Annual Report) excluding 2017 asset sales (San Juan 124 MBOEPD, Canada 280 MBOEPD, PAB, Permian marginal oil & gas, GOM onshore marginal oil & gas, Surmont). 2017 production may be less than 1 MMBOEPD

Thread regarding ConocoPhillips layoffs

HAPPY FIVE-YEAR ANNIVERSARY: COP

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