Headquarters: Houston, TX, United States
Founded: 30 August 2002
CEO: Mr. Ryan M. Lance
USD as of April 1, 2022
ConocoPhillips is a company specialized in oil and gas exploration and production. With roots dating back to 1885, ConocoPhilips is now a global leader in exploration, production, and transport to market with a geographical segmented presence in Alaska, the 48 U.S. states (Lower 48), Latin America, Canada, Europe, Asia Pacific, the Middle East, and other locations. The downstream activities of ConocoPhillips were separated as Phillips 66 in 2012.
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. It primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of conventional and unconventional exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
The ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas. The company has operations in 15 countries and has production in the United States (49% of 2019 production), Norway (10% of 2019 production), Canada (5% of 2019 production), Australia (12% of 2019 production), Indonesia (4% of 2019 production), Malaysia (4% of 2019 production), Libya (3% of 2019 production), China (3% of 2019 production), and Qatar (6% of 2019 production). The company's production in the United States included production in Alaska, the Eagle Ford Group, the Permian Basin, the Bakken Formation, the Gulf of Mexico and the Anadarko Basin. Approximately 1/3 of the company's U.S. production is in Alaska, where it has operations in the Cook Inlet Area, the Alpine oil field off the Colville River, and the Kuparuk oil field and Prudhoe Bay Oil Field on the Alaska North Slope. As of December 31, 2019, the company had proved reserves of 5,262 million barrels of oil equivalent (3.219×1010 GJ), of which 50% was petroleum, 37% was natural gas, 8% was natural gas liquids and 5% was bitumen. The company is ranked 156th on the Fortune 500. In the 2021 Forbes Global 2000, ConocoPhillips was ranked as the 574th-largest public company in the world. ConocoPhillips also ranked 207th on Forbes Best Employers for Diversity (2021), 125th on Forbes America’s Best Employers (2021) and 76 on Forbes Canada’s Best Employers (2021). The company was ranked as the 14th most polluting company in the world by The Guardian in 2019. It is responsible for 0.91% of global industrial greenhouse gas emissions from 1988 to 2015. The Conoco Museum in Ponca City, Oklahoma and the Phillips Petroleum Company Museum in Bartlesville, Oklahoma are dedicated to the history of the company.
Source: Wikipedia, retrieved on March 31, 2022, 8:56 p.m.
PetroleumNatural gasNatural gas liquidsBitumen
Founder(s): Frank Phillips
Ryan Lance, Chairman & CEO
Revenue: US$19.256 billion (Fiscal Year Ended December 31, 2020)
Operating income: -US$3.140 billion (Fiscal Year Ended December 31, 2020)
Net income: -US$2.655 billion (Fiscal Year Ended December 31, 2020)
Total assets: US$62.618 billion (Fiscal Year Ended December 31, 2020)
Total equity: US$29.849 billion (Fiscal Year Ended December 31, 2020)