ConocoPhillips

ConocoPhillips Company
Company typePublic
ISINUS20825C1045
IndustryOil and gas
Predecessors
Founded1875 (1875)[1]
FounderFrank Phillips
HeadquartersHouston Energy Corridor, ,
U.S.
Area served
Worldwide
Key people
Ryan Lance (chairman & CEO)
Products
Production output
1,826 thousand barrels of oil equivalent (11,170,000 GJ) per day (2023)
RevenueDecrease US$58.57 billion (2023)
Decrease US$14.73 billion (2023)
Decrease US$10.96 billion (2023)
Total assetsIncrease US$95.92 billion (2023)
Total equityIncrease US$49.28 billion (2023)
Number of employees
c. 9,900 (December 2023)
Websiteconocophillips.com
Footnotes / references
[2]

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 one-third 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.[2]

As of December 31, 2023, the company had proved reserves of 6,758 million barrels of oil equivalent (4.134×1010 GJ), of which 46% was petroleum, 34% was natural gas, 14% was natural gas liquids and 6% was bitumen.[2]

The company is ranked 156th on the Fortune 500.[3] In the 2023 Forbes Global 2000, ConocoPhillips was ranked as the 83rd-largest public company in the world.[4] 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).[5]

The company was ranked as the 14th most polluting company in the world by The Guardian in 2019.[6] It is responsible for 0.91% of global industrial greenhouse gas emissions from 1988 to 2015.[7]

  1. ^ 1909-1875 | History on ConocoPhillips
  2. ^ a b c "ConocoPhillips 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. 15 February 2024.
  3. ^ "ConocoPhillips". Fortune.
  4. ^ "Forbes Global 2000". Forbes. Retrieved 12 June 2023.
  5. ^ "ConocoPhillips (COP)". Forbes. Retrieved 16 November 2021.
  6. ^ Taylor, Matthew; Watts, Jonathan (9 October 2019). "Revealed: the 20 firms behind a third of all carbon emissions". The Guardian. ISSN 0261-3077.
  7. ^ "Top 100 producers and their cumulative greenhouse gas emissions from 1988-2015". The Guardian. Retrieved 29 October 2020.

Developed by StudentB