Energy

Conocophillips Executive Compensation (FY25)

Name: Conocophillips (COP) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

COP · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

Ryan Lance

Median of the other named officers

$6,492,838

5 officers, excluding the chief executive

Latest say-on-pay support

May 12, 2026

Chief executive pay ratio

◇

To the median employee

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Data as of November 4, 2026Latest filing (8-K): May 14, 2026

11 filings cited on this page

Method: intel.velarion.ai/methodology

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Conocophillips brief$500Get the executive brief

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292 figures on this page: 285 cited to the filing that reported them, 7 calculated from figures it prints. See the citations

What changed from fiscal 2024 to fiscal 2025

The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.

Chief executive of record: R.M Lance → Ryan Lance

CEO pay ratio: 117:1 → 110.7:1 (5.4% lower)

Frequently asked questions

Answers drawn from the data on this page.

Who is Conocophillips' chief executive and what were they paid?

Total compensation for Ryan Lance, Chairman and Chief Executive Officer, came to $23,450,085 in fiscal 2025.

What was Conocophillips' say-on-pay result?

Shareholders supported the say-on-pay proposal with 96.0% of votes cast for or against in favor at the meeting held May 12, 2026 for fiscal 2025.

Which companies are in Conocophillips' peer group?

The disclosed peer group names APA Corporation, Chevron, Devon Energy, DiamondBack Energy and EOG Resources, among others.

What is Conocophillips' chief executive pay ratio?

The company reported a chief executive pay ratio of 110.7:1 for fiscal 2025, against median employee compensation of $212,063.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
R.M Lance Chairman and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
W.L Bullock Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇
Kelly Rose Senior Vice President, Legal, General Counsel and Corporate Secretary	◇	—	◇	—	◇	◇	◇	◇
Nicholas Olds Executive Vice President, Lower 48	◇	—	◇	—	◇	◇	◇	◇
D.E Macklon Executive Vice President, Strategy, Sustainability and Technology	◇	—	◇	—	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Ryan Lance Chairman and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
W.L Bullock Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇
Nicholas Olds Executive Vice President, Lower 48	◇	—	◇	—	◇	◇	◇	◇
Kelly Rose Senior Vice President, Legal, General Counsel and Corporate Secretary	◇	—	◇	—	◇	◇	◇	◇
D.E Macklon Executive Vice President, Strategy, Sustainability and Technology	◇	—	◇	—	◇	◇	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
R.M Lance Chairman and Chief Executive Officer	◇	—	◇	—	◇	◇	◇	◇
W.L Bullock Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	◇	◇	◇
N.G Olds Executive Vice President, Lower 48	◇	—	◇	—	◇	◇	◇	◇
K.B Rose Senior Vice President, Legal, General Counsel and Corporate Secretary	◇	—	◇	—	◇	◇	◇	◇
A.M O’Brien Senior Vice President, Strategy, Commercial, Sustainability and Technology	◇	—	◇	—	◇	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Ryan Lance Chairman and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
Nicholas Olds Executive Vice President, Lower 48 and Global HSE	◇	—	◇	—	◇	◇	◇	◇
William Bullock Executive Vice President and Chief Financial Officer (retired)	◇	—	◇	—	◇	◇	◇	◇
Kelly Rose Senior Vice President, Legal, General Counsel and Corporate Secretary	◇	—	◇	—	◇	◇	◇	◇
Andrew O'Brien Chief Financial Officer and Executive Vice President, Strategy and Commercial	◇	—	◇	—	◇	◇	◇	◇
Kirk Johnson Executive Vice President, Global Operations and Technical Functions	◇	—	◇	—	◇	◇	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Andrew O'Brien	PSU	◇	—	◇	—	◇	—	◇
Andrew O'Brien	RSU	◇	—	—	◇	—	—	◇
Andrew O'Brien	PSU	◇	—	◇	—	◇	—	◇
Andrew O'Brien	PSU	◇	—	◇	—	◇	—	◇
Andrew O'Brien	PSU	◇	—	◇	—	◇	—	◇
Kelly Rose	PSU	◇	—	◇	—	◇	—	◇
Kelly Rose	RSU	◇	—	—	◇	—	—	◇
Kirk Johnson	PSU	◇	—	◇	—	◇	—	◇
Kirk Johnson	PSU	◇	—	◇	—	◇	—	◇
Kirk Johnson	PSU	◇	—	◇	—	◇	—	◇
Kirk Johnson	RSU	◇	—	—	◇	—	—	◇
Kirk Johnson	PSU	◇	—	◇	—	◇	—	◇
Nicholas Olds	RSU	◇	—	—	◇	—	—	◇
Nicholas Olds	PSU	◇	—	◇	—	◇	—	◇
Ryan Lance	PSU	◇	—	◇	—	◇	—	◇
Ryan Lance	RSU	◇	—	—	◇	—	—	◇
William Bullock	RSU	◇	—	—	◇	—	—	◇
William Bullock	PSU	◇	—	◇	—	◇	—	◇

Fiscal 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Ryan Lance	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
William Bullock	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Nicholas Olds	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Kelly Rose	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Kirk Johnson	PSU	◇	◇	—	—
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Andrew O'Brien

Chief Financial Officer and Executive Vice President, Strategy and Commercial

Change-in-control trigger	◇
Equity acceleration on change in control	◇
Excise tax treatment	◇
Clawback	◇

Kelly Rose

General Counsel

Equity acceleration on change in control

◇

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Robert A. Niblock Lead independent director	◇	◇	—	—	—	◇	◇
Jeffrey A. Joerres	◇	◇	—	—	—	◇	◇
Arjun N. Murti	◇	◇	—	—	—	—	◇
Nelda J. Connors	◇	◇	—	—	—	◇	◇
David T. Seaton	◇	◇	—	—	—	—	◇
Dennis V. Arriola	◇	◇	—	—	—	◇	◇
Sharmila Mulligan	◇	◇	—	—	—	—	◇
William H. McRaven	◇	◇	—	—	—	—	◇
R.A. Walker	◇	◇	—	—	—	—	◇
Kathleen A. McGinty	◇	◇	—	—	—	—	◇
Timothy A. Leach	◇	—	—	—	—	◇	◇

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Lead independent director premium	◇
Audit committee chair	◇
Audit committee member	◇
Compensation committee chair	◇
Compensation committee member	◇

Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

APA Corporation APA
Chevron CVX
Devon Energy DVN
DiamondBack Energy FANG
EOG Resources EOG
ExxonMobil XOM

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	May 12, 2026	=	◇	◇	◇
2024	May 13, 2025	=	◇	◇	◇
2023	May 14, 2024	=	◇	◇	◇
2021	May 10, 2022	=	◇	◇	◇
2020	May 11, 2021	=	◇	◇	◇
2019	May 12, 2020	=	◇	◇	◇
2018	May 14, 2019	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”

- Ryan Lance (Chairman and Chief Executive Officer), FY2025 total compensation $23,450,085 (base salary $1,800,000) [exec_comp, SEC accession 0001104659-26-036366, filed 2026-03-30]

See a complete sample report

What this page does not include

Everything above is a fact Conocophillips disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Conocophillips sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $500

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

292 figures on this page: 285 cited to the filing that reported them, 7 calculated from figures it prints.

285 cited to the filing

7 calculated from the filing

Documents cited

8-K, filed May 14, 2026
0001104659-26-061130
DEF 14A, filed March 30, 2026
0001104659-26-036366
CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
8-K, filed May 15, 2025
0001104659-25-049593
DEF 14A, filed March 31, 2025
0001308179-25-000308
Summary Compensation Table
8-K, filed May 16, 2024
0001104659-24-062520
DEF 14A, filed April 1, 2024
0001308179-24-000384
Summary Compensation Table
8-K, filed May 12, 2022
0001104659-22-059429
8-K, filed May 13, 2021
0001104659-21-065508
8-K, filed May 14, 2020
0001104659-20-061487
8-K, filed May 16, 2019
0001104659-19-030006
EX-10, filed January 15, 2016
0001193125-16-472901

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Velarion, “Conocophillips executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/COP (accessed 2026).

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The Conocophillips brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

From $500 for the board report; $900 for both.

Get the executive brief Get the board briefNo account needed.

11 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Energy rankings

Chief executive pay — Energy CEO pay ratio — Energy Say-on-pay support — Energy

Peers Conocophillips discloses

The companies named in COP's own disclosed peer group.

APA Corporation Chevron Devon Energy DiamondBack Energy EOG Resources ExxonMobil

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}