About ConocoPhillips (COP)

Company Description:

ConocoPhillips stands as a leader in the Energy sector, primarily engaged in the exploration and production of oil and natural gas. Recognized as one of the world's largest independent E&P companies based on production and proven reserves, ConocoPhillips is dedicated to safely and sustainably delivering energy to the world.

Founded on August 30, 1917, by Frank Phillips and L.E. Phillips in Bartlesville, Oklahoma, the company has expanded its presence to a global scale with operations in 30 countries and an employee base of approximately 9,800 dedicated professionals. The current headquarters is located in Houston, Texas, United States.

Main Product(s):

ConocoPhillips's main products include petroleum, natural gas, and natural gas liquids. The company has a strong focus on high-margin locations, with operations that span from onshore and offshore drilling sites to liquefied natural gas projects and oil sands developments.

Short History of ConocoPhillips:

• August 1917 – Conoco was founded by brothers Frank and L.E. Phillips in Oklahoma.
• 1929 – The company was first listed on the New York Stock Exchange.
• 2002 – Conoco Inc. and Phillips Petroleum Co. merged to form ConocoPhillips.
• 2012 – ConocoPhillips spun off its downstream assets to create Phillips 66, focusing purely on upstream activities.
• 2020s – The company continues to expand its operations with a focus on sustainability and reducing carbon emissions.