ConocoPhillips Appoints New CEO, Reports Strong Q2 2026 Earnings

ConocoPhillips announced Andy O'Brien will become President and CEO, succeeding Ryan Lance, who transitions to an executive chair role. Konnie Haynes-Welsh was also appointed CFO. Concurrently, the company reported robust second-quarter 2026 earnings of $3.9 billion, or $3.23 per share, a significant increase from the prior year, and reaffirmed its full-year guidance. This dual announcement highlights a key leadership transition alongside strong financial performance for the major energy firm.