OverviewSuggest Edit

ConocoPhillips is an independent exploration and production company focused on proven reserves and production of liquid and natural gas. The company explores for, develops and produces crude oil and natural gas globally.
TypePublic
Founded2012
HQHouston, US
Websiteconocophillips.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2019)10,400
Job Openings12
Revenue (FY, 2019)$36.7 B(-5%)
Share Price (Aug 2020)$38 (+2%)
Cybersecurity ratingBMore

Key People/Management at ConocoPhillips

Ryan Lance

Ryan Lance

Chairman and Chief Executive Officer
John V. Faraci

John V. Faraci

Board Member
Caroline Maury Devine

Caroline Maury Devine

Board Member
David T. Wulf

David T. Wulf

Vice President, Health, Safety, and Environment
Kathryn Johnson

Kathryn Johnson

Vice President, Human Resources
Chris Wilson

Chris Wilson

President – Australia West
Show more

ConocoPhillips Office Locations

ConocoPhillips has offices in Houston, Anchorage, Bartlesville, Darwin City and in 11 other locations
Houston, US (HQ)
925 N Eldridge Pkwy
Anchorage, US
700 G St
Bartlesville, US
315 Johnstone Avenue, Plaza office Building
Houston, US
600 N Dairy Ashford Rd
Darwin City, AU
37 Woods St
Gladstone Central, AU
Community Centre, C/ 84 Goondoon Street
Show all (16)

ConocoPhillips Financials and Metrics

ConocoPhillips Revenue

Embed Graph
View revenue for all periods
ConocoPhillips's revenue was reported to be $36.67 b in FY, 2019 which is a 5.3% decrease from the previous period.
USD

Revenue (Q2, 2020)

4.0b

Gross profit (Q2, 2020)

2.9b

Gross profit margin (Q2, 2020), %

71.9%

Net income (Q2, 2020)

278.0m

Market capitalization (5-Aug-2020)

40.8b

Closing stock price (5-Aug-2020)

38.0

Cash (30-Jun-2020)

2.9b

EV

52.9b
ConocoPhillips's current market capitalization is $40.8 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

24.4b32.6b38.7b36.7b

Revenue growth, %

(21%)34%19%(5%)

Cost of goods sold

15.7b17.6b19.5b17.2b

Gross profit

8.7b14.9b19.2b19.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

7.8b8.9b7.2b9.0b9.2b10.2b10.1b8.4b10.1b4.8b4.0b

Cost of goods sold

4.5b4.2b4.2b4.9b4.4b4.9b4.9b4.1b4.0b2.7b1.1b

Gross profit

3.3b4.6b3.0b4.1b4.9b5.3b5.1b4.3b6.1b2.2b2.9b

Gross profit Margin, %

42%52%42%45%53%52%51%51%60%45%72%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

3.6b6.3b5.9b5.1b

Accounts Receivable

3.2b4.2b3.9b3.3b

Prepaid Expenses

517.0m1.0b575.0m2.3b

Inventories

1.0b1.1b1.0b1.0b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

3.1b7.5b6.9b5.0b3.2b3.7b6.2b5.9b7.2b3.9b2.9b

Accounts Receivable

3.1b3.0b3.2b4.0b3.8b4.3b3.7b3.5b3.5b2.1b1.4b

Prepaid Expenses

2.9b3.9b876.0m894.0m580.0m2.3b528.0m2.6b594.0m2.0b676.0m

Inventories

1.1b1.0b1.0b1.1b1.1b1.2b1.0b1.1b955.0m726.0m982.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(3.6b)(793.0m)6.3b7.3b

Depreciation and Amortization

9.1b6.8b6.0b6.1b

Inventories

44.0m(55.0m)86.0m(67.0m)

Accounts Payable

(524.0m)265.0m(52.0m)(378.0m)
USDFY, 2016

Revenue/Employee

1.6m

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.5 x
Show all financial metrics

ConocoPhillips Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Countries

17 17 16 17

Natural Gas Liquids Proved Reserves, mmbbl

504 399 391 400

Patents (US)

288 328 333 371

Patents Issued

714 734 814 942
Show all operating metrics

ConocoPhillips Acquisitions / Subsidiaries

Company NameDateDeal Size
Burlington Resources LLCFebruary 01, 2006
Tosco CorporationSeptember 17, 2001
Ashford Energy Capital Limited
BROG LP LLC
Burlington Resources International Inc.
Burlington Resources Offshore Inc.
Burlington Resources Oil & Gas Company LP
Burlington Resources Trading LLC
Conoco Development Services Inc.
Conoco Funding Company
Show more

ConocoPhillips Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

ConocoPhillips Revenue Breakdown

Embed Graph

ConocoPhillips revenue breakdown by geographic segment: 5.1% from United Kingdom, 7.2% from Norway, 5.4% from Canada, 5.1% from Australia, 65.0% from United States and 12.3% from Other

ConocoPhillips Online and Social Media Presence

Embed Graph

ConocoPhillips News and Updates

ConocoPhillips to restore curtailed production in Alaska in July

ConocoPhillips said Tuesday it expects to restore curtailed production in Alaska sometime in July. The energy giant said it "will continue to make economically driven production decisions at the asset level in the months ahead." The company said curtailments in the second quarter mostly related to o…

ConocoPhillips CEO says Chinese protocols helped it through coronavirus pandemic

ConocoPhillips Chief Executive Ryan Lance said Tuesday the energy company was able to survive the COVID-19 pandemic without layoffs because it had learned lessons from its Chinese operations. "In China we have a large operation in Bohai Bay that is offshore," the executive said in an interview wit…

ConocoPhillips to cut 2020 capex by 10%, rein development and slow share buybacks

ConocoPhillips said Wednesday it is cutting its 2020 capital budget by 10%, or about $700 million, as it works to adjust to steep falls in crude prices. The reduction will be achieved by reining in development activity and deferring drilling in Alaska. The reductions are expected to impact 2020 fu…

Will ConocoPhillips Stock Continue To Underperform Post The Oil Price War Crisis?

ConocoPhillips (NYSE: COP), one of the largest upstream oil companies, saw its stock price decline by 25% on Monday, bringing its total decline from early February to 42%. Going by the performance of the company’s stock in the wake of the 2008 economic crisis, it is likely that the stock...

ConocoPhillips misses profit expectations, adds $10 billion to stock buyback program

Shares of ConocoPhillips was little changed in premarket trading Tuesday, after the oil production company reported a fourth-quarter profit that fell more than expected but announced a $10 billion increase to its share repurchase program. Net income fell to $700 million, or 65 cents a share, from $…

ConocoPhillips reports 36.5% slump in quarterly profit

U.S. oil and gas producer ConocoPhillips reported a 36.5% fall in adjusted quarterly profit on Tuesday, weighed down by lower output and weak realized prices for crude.
Show more

ConocoPhillips Frequently Asked Questions

  • When was ConocoPhillips founded?

    ConocoPhillips was founded in 2012.

  • Who are ConocoPhillips key executives?

    ConocoPhillips's key executives are Ryan Lance, John V. Faraci and Caroline Maury Devine.

  • How many employees does ConocoPhillips have?

    ConocoPhillips has 10,400 employees.

  • What is ConocoPhillips revenue?

    Latest ConocoPhillips annual revenue is $36.7 b.

  • What is ConocoPhillips revenue per employee?

    Latest ConocoPhillips revenue per employee is $3.5 m.

  • Who are ConocoPhillips competitors?

    Competitors of ConocoPhillips include Woodside Petroleum, Occidental Petroleum and CNOOC.

  • Where is ConocoPhillips headquarters?

    ConocoPhillips headquarters is located at 925 N Eldridge Pkwy, Houston.

  • Where are ConocoPhillips offices?

    ConocoPhillips has offices in Houston, Anchorage, Bartlesville, Darwin City and in 11 other locations.

  • How many offices does ConocoPhillips have?

    ConocoPhillips has 16 offices.