ConocoPhillips

Explores, produces, and markets oil and gas

Houston, Texas, United States

About ConocoPhillips

ConocoPhillips focuses on the exploration, production, and marketing of crude oil, natural gas, and natural gas liquids. The company operates in various global markets, including the United States, Canada, Norway, and Australia, serving clients ranging from industrial sectors to national governments. Its business model emphasizes upstream activities, which involve extracting and initially processing oil and gas. Revenue is generated through sales to refineries and other end-users. ConocoPhillips is dedicated to advancing liquefied natural gas (LNG) technology and invests in research and development to enhance the efficiency and environmental impact of its operations. The company collaborates with industry leaders to promote low-carbon LNG solutions, setting it apart from competitors.

Houston, TexasHeadquarters
2002Year Founded
IPOCompany Stage
EnergyIndustries
10,001+Employees

Risks

Increased competition in the LNG market may impact market share and pricing power.
Integration challenges from Marathon acquisition could disrupt short-term performance.
Rising environmental regulations could increase operational costs in key markets.

Differentiation

ConocoPhillips is a leader in LNG technology and low-carbon energy solutions.
The company focuses on upstream activities, enhancing its expertise in exploration and production.
ConocoPhillips operates globally, serving diverse markets and industrial clients.

Upsides

Acquisition of Marathon expands ConocoPhillips' US shale market presence and production capacity.
Investment in carbon capture technology aligns with growing sustainable energy trends.
Completion of Surmont purchase enhances operational efficiency in Canadian oil sands.

Funding

Total raised$5.8 K
StageIPO
POST IPO DEBT
11/30/2024
$1.4 K
IPO
10/31/1998
$4.4 K