ConocoPhillips
 | |
 ConocoPhillips headquarters in the Energy Corridor area of Houston | |
| Type | Public |
|---|---|
| ISIN | US20825C1045 |
| Industry | Oil and gas |
| Predecessors | |
| Founded | 1875 |
| Founder | Frank Phillips |
| Headquarters | Houston Energy Corridor, Houston, Texas , U.S. |
Area served | Worldwide |
| Key people | Ryan Lance (chairman & CEO) |
| Products | |
Production output | 1,987 thousand barrels of oil equivalent (12,160,000 GJ) per day (2024) |
| Revenue |  US$56.95 billion (2024) |
| US$12.38 billion (2024) | |
| US$9.245 billion (2024) | |
| Total assets |  US$122.8 billion (2024) |
| Total equity | US$64.80 billion (2024) |
Number of employees | 11,800 (2024) |
| Website | conocophillips |
| Footnotes | |
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 75th on the Fortune 500. In 2021, the company was ranked 156th. 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).
In 2019, an article in The Guardian ranked ConocoPhillips as the company releasing the 14th highest level of carbon emissions in the world. The company is responsible for an estimated 0.91% of global industrial greenhouse gas emissions from 1988 to 2015.