Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

ConocoPhillips CEO Lance Steps Down Amid Record Quarterly Profit

Guavy AI Editorial Team
Instruments
Oil
Share

ConocoPhillips CEO Ryan Lance is stepping down after 14 years at the helm. The departure comes as the oil and gas producer reports its best quarterly profit since 2022, thanks to high oil prices.

Lance took over in 2012 after ConocoPhillips separated from refining business Phillips 66. During his tenure, the company emerged as one of the largest independent oil and gas producers globally, with operations spanning multiple regions.

Andy O'Brien, currently CFO, will succeed Lance on September 1st. O'Brien has been with the company since 1997 and has held various roles in finance, planning, and strategy. He is seen as a strong candidate to lead ConocoPhillips forward.

More on Commodities

Commodities just now

Hormuz Deal Uncertainty Drives Crude Volatility

Commodities 1m ago

Gold Surges $300 in Three Days, Triggering Short Squeeze

Commodities 1m ago

Gold Price Surges Above $4,300 Amid Weaker Dollar and Fed Rate Expectations

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy