ConocoPhillips' focus on returning capital to shareholders is commendable. COP revised higher its expected 2022 return of capital to shareholders. The new guidance is at $15 billion, reflecting an increase from the previously mentioned $10 billion. The incremental returns to stockholders will get distributed through share repurchases and VROC tiers. Notably, COP paid out $1.9 billion in ordinary dividends and VROC, and repurchased $3.7 billion of shares in the first half of this year.