ConocoPhillips

Houston petroleum giant

ConocoPhillips is an American multinational oil and gas corporation, one of the world's largest independent exploration and production companies.

The name reflects its 2002 formation from the merger of Conoco and Phillips Petroleum.

Headquartered in Houston, it operates globally in upstream petroleum operations: ConocoPhillips announced new drilling in Alaska.

refining

downstream

Along the current's path

crude · distillation · cracking · gasoline · diesel · lubricants · feedstock · capacity · turnaround · midstream

exploration

geology

Study of Earth's composition

surveying · geophysics · wildcatting · basin · reservoir · offshore · onshore · fieldwork · hydrocarbon · deepwater

production

upstream

Toward a river's origin

barrel · reserves · recovery · fracking · completion · yield · throughput

corporation

shareholders

Owners of company stock

merger · acquisition · boardroom · IPO · stakeholders · dividends · revenue · profit · governance · management

global

multinational

Operating across multiple countries

Norway · Canada · Australia · Qatar · Libya · Indonesia · worldwide · partnerships · expansion · diversification

sustainability

emissions

Substances released into air

  • carbonSixth element, atomic symbol C
  • climatePrevailing atmospheric conditions
  • flaringExpanding outward suddenly

ESG · net-zero · decarbonization · reclamation

Opposites
business model (upstream vs. integrated)

ConocoPhillipsPhillips 66

American petroleum company

ExxonMobil · Chevron · BP · refiners · Sunoco

corporate scale in oil industry

ConocoPhillipswildcatters

Exploratory oil drillers

Family

ExxonMobil, Phillips, Conoco

Familiarity
Top 1,000,000
Profile
Mostly American · Concrete · Rated G