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CO
International Oil Company
Upstream
NYSE: COP
ConocoPhillips
Houston, Texas, United States · Established 1917 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
ConocoPhillips is the largest pure-play independent E&P company globally, with concentrated positions in the Permian Basin, Eagle Ford, Bakken, Alaska North Slope, and LNG via APLNG in Australia. The 2024 Marathon Oil acquisition expanded Permian and Eagle Ford footprint.
FY2024 revenue approximated $58 billion with net income near $12 billion. Production exceeded 1.9 mbpd BOE with industry-leading capital efficiency and low sustaining price breakeven below $40/bbl WTI.
Returns-focused strateg...
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