About the Company
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.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.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.
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Latest $COP News
Oil, Gas Drilling Blocked In Alaska Wilds As Biden Seeks Green Cred
The United States on Friday blocked oil, gas and mining operations across tracts of unspoiled wilderness in Alaska, winning ...
Elliott mulls Citgo bid; creditor group seeks ConocoPhillips for separate offer - Reuters
Elliott Investment Management is weighing a bid for shares in Venezuelan oil refiner Citgo Petroleum under a U.S.
US restricts drilling and mining in Alaska wilderness, angering state leaders
The Biden administration took steps on Friday to limit both oil and gas drilling and mining in Alaska, angering state ...
Democrats, Frustrated by Elections and the Inconvenience of Legislating, Seek To Subvert Democracy Itself
Liberals don’t want Donald Trump to be elected president again — so they are side-stepping the democratic process and using the legal system to attack him.
ConocoPhillips: Oil At $85, Buy Or Sell?
ConocoPhillips shares soar as US economy and OPEC+ supply restrictions bolster petroleum prices, projecting increased ...
Biden administration moves to block Ambler Road and announces sweeping restrictions on NPR-A drilling
Members of Alaska’s congressional delegation and trade associations blasted the move as harmful to Alaska’s economy.
Piper Sandler Keeps Their Buy Rating on Conocophillips (COP)
Piper Sandler analyst Ryan Todd maintained a Buy rating on Conocophillips (COP – Research Report) today and set a price target of ...
Alaska Native vision for the future: Self determination
Indigenous leaders want a seat at the table and to be seen and heard. “Nothing about us without us.” That’s the message ...
Biden administration bars drilling on millions of acres in Alaska
The Biden administration is restricting drilling on millions of acres of government-owned lands in Alaska — and taking the ...
Here's Why ConocoPhillips (COP) Fell More Than Broader Market
ConocoPhillips (COP) concluded the recent trading session at $127.81, signifying a -0.41% move from its prior day's close.
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