HOUSTON – ConocoPhillips (NYSE: COP) today announced two key charitable donations it is making to assist and support Hurricane Harvey relief efforts and Gulf Coast-Area communities. The company increased its donation to the American Red Cross to $2.5 million and announced a $2.5 million donation to the United Way of Greater Houston. Throughout this event, ConocoPhillips has taken multiple actions to address employee needs and support their individual outreach efforts, including matching employees’ and retirees’ personal donations to eligible relief organizations.
“Our thoughts are with all of those who are dealing with the impact of this unprecedented natural disaster,” said Ryan Lance, ConocoPhillips chairman and chief executive officer. “Our priority remains ensuring the safety of our employees and our operations. However, as members of a much larger community that needs our help, we stand ready and willing to do our part. We encourage others to follow.”
The donation will support relief efforts throughout the affected regions.
“The Red Cross works around the clock in extremely challenging conditions to respond to disasters like Hurricane Harvey,” said Gail McGovern, president and chief executive officer at the American Red Cross. “We couldn’t do it without the generosity of our amazing donors – like ConocoPhillips. With their support, the Red Cross can enable communities to prepare for the unexpected, and when disaster strikes, to respond with shelter, food and the necessary supplies to ensure people are cared for and to help during the recovery process. We are extremely grateful for their support.”
“We are deeply touched by the magnitude of caring and generosity of ConocoPhillips and its employees whose support will help United Way provide assistance to the thousands of individuals and families across our region that have been impacted by this unprecedented disaster," said Anna Babin, president and chief executive officer of United Way of Greater Houston.
Visit the ConocoPhillips hurricane response website for the latest information about the company’s response to Hurricane Harvey.
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ConocoPhillips is the world’s largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 17 countries, $78 billion of total assets, and approximately 12,200 employees as of June 30, 2017. Production excluding Libya averaged 1,503 MBOED for the three months ended June 30, 2017, and proved reserves were 6.4 billion BOE as of Dec. 31, 2016. For more information, go to www.conocophillips.com.
Daren Beaudo (media)