ConocoPhillips
ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas.
| Company type | Public |
|---|---|
| ISIN | US20825C1045 |
| Industry | Oil and gas |
| Predecessors | |
| Founded | August 30, 2002 (as ConocoPhillips Co.) |
| Founder | Frank Phillips |
| Headquarters | |
Area served | Worldwide |
Key people | Ryan Lance (Chairman & CEO) |
| Products | |
Production output | 1,567 thousand barrels of oil equivalent (9,590,000 GJ) per day (2021) |
| Revenue | US$45.83 billion (2021) |
| US$11.16 billion (2021) | |
| US$8.08 billion (2021) | |
| Total assets | US$90.66 billion (2021) |
| Total equity | US$45.41 billion (2021) |
Number of employees | c. 9,900 (December 2021) |
| Website | conocophillips.com |
| Footnotes / references | |
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.
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 2023 Forbes Global 2000, ConocoPhillips was ranked as the 83rd-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.