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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): May 15, 2025 (May 13, 2025)

 

ConocoPhillips

(Exact name of registrant as specified in its charter)

 

Delaware   001-32395   01-0562944
(State or other jurisdiction of
incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

925 N. Eldridge Parkway
Houston, Texas 77079

(Address of principal executive offices and zip code)

 

Registrant’s telephone number, including area code: (281) 293-1000

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading symbols   Name of each exchange on which registered
Common Stock, $.01 Par Value   COP   New York Stock Exchange
7% Debentures due 2029   CUSIP – 718507BK1   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company   ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

ConocoPhillips (the “Company”) held its annual meeting of stockholders on May 13, 2025.  As of the record date for the annual meeting, there were a total of 1,264,165,351 shares outstanding and entitled to vote. The results of the matters submitted to a vote of the stockholders at the meeting are set forth below.

 

ELECTION OF DIRECTORS

 

All 12 nominated directors were elected to serve a one-year term.

 

   Number of Shares
   Voted For  Voted Against  Abstentions  Broker Nonvotes
Dennis V. Arriola  963,890,963  10,165,036  2,279,122  121,266,614
Nelda J. Connors  960,530,396  13,536,580  2,268,145  121,266,614
Gay Huey Evans CBE  947,764,866  25,684,636  2,885,619  121,266,614
Jeffrey A. Joerres  938,628,386  35,415,521  2,291,214  121,266,614
Ryan M. Lance  943,111,986  30,727,496  2,495,639  121,266,614
Timothy A. Leach  961,715,334  12,322,439  2,297,348  121,266,614
William H. McRaven  962,058,517  12,054,568  2,222,036  121,266,614
Sharmila Mulligan  962,686,595  11,422,906  2,225,620  121,266,614
Arjun N. Murti  957,448,795  16,638,062  2,248,264  121,266,614
Robert A. Niblock  927,253,901  46,693,452  2,387,768  121,266,614
David T. Seaton  920,746,411  53,353,002  2,235,708  121,266,614
R.A. Walker  961,408,420  12,627,132  2,299,569  121,266,614

 

RATIFICATION OF AUDITORS

 

The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2025 was approved.

 

   Number of Shares
   Voted For  Voted Against  Abstentions  Broker Nonvotes
Ratification of Appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm  1,058,841,639  36,947,394  1,812,702  -

 

ADVISORY APPROVAL OF EXECUTIVE COMPENSATION

 

The advisory vote on the compensation of our Named Executive Officers was approved.

 

   Number of Shares
   Voted For  Voted Against  Abstentions  Broker Nonvotes
Advisory Vote on the Compensation of our Named Executive Officers  941,241,703  31,714,210  3,379,208  121,266,614

 

 

 

ADOPTION OF AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO ELIMINATE SUPERMAJORITY VOTING PROVISIONS

 

A proposal to approve an Amended and Restated Certificate of Incorporation to eliminate supermajority voting provisions was not approved. Approval required the affirmative vote of the holders of not less than 80% of the outstanding shares of ConocoPhillips’ common stock entitled to vote on the matter.

 

   Number of Shares
   Voted For  Voted Against  Abstentions  Broker Nonvotes
Adoption of Amended and Restated Certificate of Incorporation to Eliminate Supermajority Voting Provisions   965,794,588  8,359,963  2,180,570  121,266,614

 

STOCKHOLDER PROPOSAL – REMOVE EMISSIONS REDUCTION TARGETS

 

A stockholder proposal for ConocoPhillips to remove all emissions reduction targets covering greenhouse gas emissions from its operations and energy products was not approved.

 

   Number of Shares
   Voted For  Voted Against  Abstentions  Broker Nonvotes
Stockholder Proposal – Remove Emissions Reduction Targets  11,018,355  956,920,669  8,396,097  121,266,614

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  CONOCOPHILLIPS
   
  /s/ Kelly B. Rose
  Kelly B. Rose
May 15, 2025  Senior Vice President, Legal,
General Counsel and Corporate Secretary