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Ryan Lance

Executive Chairman, Conocophillips

Search every verified Ryan Lance interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Ryan Lance, chairman and CEO of ConocoPhillips, announced on the company's second-quarter 2026 earnings call that he will retire as CEO effective September 1, 2026, after more than 40 years with the company and 14 years in the role. He stated that the company is positioned for long-term success with a track record of delivering returns on and of capital through the cycles. During the call, Lance also said ConocoPhillips remains on track to deliver a $7 billion free cash flow inflection by 2029, effectively doubling the prior year's total free cash flow. In earlier remarks from the fourth-quarter 2024 earnings call, Lance discussed a target to return $10 billion to shareholders in 2025, comprising $4 billion in ordinary dividends and $6 billion in buybacks, with the objective of retiring shares issued for the Marathon transaction within two to three years. He also expressed a bullish outlook on North American gas volumes but a bearish view on prices, advocating for using LNG channels to move molecules to higher-valued markets. Additionally, Lance commented on Alaska lease sales and the Willow project, describing increased industry activity as positive for infrastructure utilization and stating that exploration programs would support leveraging Willow for decades.

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