ConocoPhillips, the world’s largest independent exploration and production (E&P) company, is headquartered in Houston, Texas. ConocoPhillips CEO Ryan Lance has led the company as Chairman and Chief Executive Officer since May 2012, guiding it through a transformative era that includes the 2012 spin-off of Phillips 66, the $22.5 billion acquisition of Marathon Oil in November 2024, and record production levels approaching 2 million barrels of oil equivalent per day. A petroleum engineer with over four decades of industry experience, Lance has built ConocoPhillips into a low-cost, returns-focused energy leader with operations spanning 13 countries and a market capitalization exceeding $128 billion.

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Ryan Lance – Quick Facts

ConocoPhillips Competitors

ConocoPhillips is the world’s largest independent E&P company by production volume. Its key competitors span both integrated oil majors and independent producers:

• ExxonMobil Corporation – largest U.S. integrated oil & gas company
• Chevron Corporation – second-largest U.S. integrated major
• Shell plc – European-based integrated energy giant
• BP plc – British integrated energy major
• EOG Resources – major independent U.S. shale producer
• Occidental Petroleum – leading Permian Basin operator
• Diamondback Energy – fast-growing Permian independent
• Hess Corporation – international E&P with Guyana assets

Ryan Lance Net Worth 2026 – ConocoPhillips CEO Salary

As of 2026, Ryan Lance net worth is estimated at approximately $60–80 million USD, based on his disclosed ConocoPhillips stock holdings, SEC insider filings, and cumulative compensation. Lance directly owns approximately 460,685 shares of ConocoPhillips (COP) stock worth over $45 million, plus approximately 39,422 shares of Freeport-McMoRan Inc. (FCX) valued at roughly $2 million. His total compensation over more than a decade as CEO, combined with stock appreciation and vested equity awards, accounts for the remainder of his estimated net worth.

ConocoPhillips CEO Compensation Breakdown (FY2024)

ConocoPhillips Net Worth 2026 – Is ConocoPhillips Profitable?

Yes, ConocoPhillips is a highly profitable company. Under CEO Ryan Lance, the company delivered $9.2 billion in net income for fiscal year 2024 and returned $9.1 billion to shareholders through dividends and share buybacks. The completion of the $22.5 billion Marathon Oil acquisition in November 2024 significantly expanded the company’s production base and U.S. onshore portfolio.

ConocoPhillips Financial Summary (FY2024)

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ConocoPhillips CEO Email Address | Ryan Lance Contact

Below are the official contact details and social media profiles for ConocoPhillips CEO Ryan Lance:

Career & Education – Company, University, & College

Ryan Lance’s career spans over four decades in the oil and gas industry. Born into a military family, he grew up in Montana and attended Great Falls High School before earning his bachelor’s degree at Montana Tech. He began his career at ARCO (Atlantic Richfield Company) in 1984 and rose through increasingly senior operational and leadership roles across Alaska, California, and international assignments.

Ryan Lance Career Timeline

Lance spent the first 17 years of his career at ARCO and its subsidiaries, progressing from field engineer on the Alaska North Slope to VP-level leadership. When Phillips Petroleum merged with Conoco in 2002, he transitioned to the newly formed ConocoPhillips as VP of Lower 48 operations. He later served as President of the Asia Pacific and Middle East division, overseeing operations from Singapore, before being named EVP of International E&P.

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In May 2012, the board appointed Lance as Chairman and CEO, just as ConocoPhillips completed the spin-off of its downstream business into Phillips 66. Under his leadership, the company has transformed into a pure-play E&P powerhouse focused on low cost of supply, disciplined capital allocation, and returning capital to shareholders. The landmark $22.5 billion acquisition of Marathon Oil in 2024 cemented ConocoPhillips as the dominant independent producer in the U.S.

Education

Ryan Lance Wiki – Age, Wife, Family, & More

ConocoPhillips CEO Ryan Lance (age 63) was born on May 21, 1962, in Blytheville, Arkansas. He grew up in a military family — his father was in the U.S. Air Force — and the family moved frequently, though they always considered Montana home. He attended Great Falls High School in Great Falls, Montana. Lance is married to Lisa Lance, and the couple have two children. As a leader of a global energy company, Lance travels approximately 200 days per year. He is an early riser, typically waking at 5 a.m. to work out, arriving at the office by 7:00–7:30 a.m., and spending 11–12 hours at work on non-travel days.

Notable Achievements & Recognitions

• Energy Executive of the Year 2025 – Named by Energy Intelligence for his leadership and the successful Marathon Oil acquisition
• McLane Leadership in Business Award – Honored by the Mosbacher Institute at Texas A&M University (2021)
• $31 Million Gift to Montana Tech – Ryan and Lisa Lance made the largest gift in the university’s history in 2023; the Lance College of Mines and Engineering was renamed in their honor
• Chairman, American Petroleum Institute – Former chairman; currently serves on API’s Executive Committee
• Chair, National Petroleum Council – Advisory body to the U.S. Secretary of Energy
• Business Roundtable Member – Active participant in shaping U.S. business and energy policy

Lance serves on several boards and advisory councils, including the National Fish and Wildlife Foundation, the George and Barbara Bush Foundation, PGA Reach, Spindletop International (youth charities), the University of Houston Energy Advisory Board, and the University of Texas Energy Institute Advisory Council. He also serves on the board of directors of Freeport-McMoRan Inc. (NYSE: FCX) and the Montana Tech Foundation.

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About ConocoPhillips

ConocoPhillips is an American multinational energy corporation headquartered in Houston, Texas. The company was formed in 2002 through the merger of Conoco Inc. (originally founded in 1875 as Continental Oil and Transportation Company) and Phillips Petroleum Company (founded in 1917). In 2012, ConocoPhillips spun off its downstream refining and chemicals businesses into Phillips 66, becoming a pure-play independent E&P company.

ConocoPhillips trades on the New York Stock Exchange under the ticker symbol COP. Following the Marathon Oil acquisition, the company operates across 14 countries, employs approximately 11,800 people, and produces nearly 2 million barrels of oil equivalent per day. ConocoPhillips has committed to returning greater than 30% of cash from operations to shareholders annually and targets $500 million in run-rate synergies from the Marathon Oil integration.

Frequently Asked Questions (FAQ)

Who is the current CEO of ConocoPhillips?

The current CEO of ConocoPhillips is Ryan M. Lance, who has served as Chairman and Chief Executive Officer since May 2012. A petroleum engineer by training with over 40 years of industry experience, Lance has transformed ConocoPhillips into the world’s largest independent E&P company.

What is Ryan Lance’s net worth in 2026?

As of 2026, Ryan Lance’s net worth is estimated at $60–80 million USD. He directly owns approximately 460,685 shares of ConocoPhillips stock (valued at over $45 million) and approximately 39,422 shares of Freeport-McMoRan Inc. (valued at roughly $2 million), according to SEC filings.

What is ConocoPhillips CEO’s salary?

Ryan Lance’s total compensation for fiscal year 2024 was approximately $23.1 million, including a $1.79 million base salary, $3.55 million annual bonus, $15.4 million in stock awards, and $530,000 in other compensation. Over 92% of his pay is performance-based.

What is ConocoPhillips CEO’s email address?

ConocoPhillips CEO Ryan Lance’s email address is [email protected]. You can also reach the company at its Houston headquarters by phone at 281-293-1000 or via mail at P.O. Box 2197, Houston, TX 77252-2197.

Is ConocoPhillips a profitable company?

Yes, ConocoPhillips is highly profitable. In fiscal year 2024, the company reported net income of $9.2 billion and returned $9.1 billion to shareholders through dividends and buybacks. Revenue was $56.5 billion and cash from operations reached $23.4 billion.

What was the ConocoPhillips Marathon Oil acquisition?

ConocoPhillips completed its $22.5 billion all-stock acquisition of Marathon Oil Corporation on November 22, 2024. The deal added significant acreage in the Permian Basin, Eagle Ford, Bakken, and other prolific U.S. onshore basins. The combined company targets at least $500 million in annual run-rate cost and capital savings.

Article last updated:January 2026March 2, 2026