SORT BY

FILTER BY

also on other fortune lists

company facts

g500 stats

Global 500

Courtesy of ConocoPhillips

339

ConocoPhillips

COP

U.S.

ConocoPhillips is the smallest of the U.S.’s big three oil and gas producers, and 2016 seems to be the year it admitted it won’t get any bigger. Spinning off its refining and marketing operations into Phillips Petroleum has left it without a downstream hedge against low crude prices, causing a string of write-downs and quarterly losses. After a credit rating downgrade in April, CEO Ryan Lance made cutting the company’s $25 billion debt pile top priority, which suggests it won’t be heading to the bankruptcy courts with a glint in its eye in search of bargains in the shale sector. Nearly 10% of its production is bitumen, which requires expensive processing before it can be transported and sold. That means it’s squarely in harm’s way in the battle for market share being waged by low-cost OPEC producers. However, crude prices are now back above the $45 a barrel level where the company thinks it can sustain a dividend without taking on more debt.

CEO

Ryan M. Lance

Sector

Energy

Industry

Mining, Crude-Oil Production

HQ Location

Houston, TX

Employees

15,900

Years on Global 500 List

22

Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$30,935-44.8%
Profits ($M)$-4,428-164.5%
Assets ($M)$97,484
Total Stockholder Equity ($M)$39,762
Profit Ratios
Profit as % of Revenues-14.3%
Profits as % of Assets-4.5%
Profits as % of Stockholder Equity-11.1%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
  • High:
  • Low:
  • 52 Week High:
  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about ConocoPhillips

More Money, More Problems: Why Venezuela's New Currency Is Unlikely to Curb Its Hyperinflation

The official foreign exchange rate is now closer to the black market rate for dollars.

Read More →
Big Oil Firms Just Notched Another Victory Against Cities Suing Over Their Role in Climate Change

Government has to deal with the problem, said the judge. With the Trump EPA, that's unlikely.

Read More →
Big Oil Scores Victory Against California Climate Change Lawsuit

The suit called for an abatement fund that would go toward cities affected by flooding.

Read More →
Hiring Women Isn't the Problem but Keeping Them is, Says ConocoPhillips CEO Ryan Lance

Ryan Lance says one of the biggest challenges is retaining women in the industry.

Read More →
New York City Is Suing Big Oil Over Climate Change

A lawsuit claims they knew what they were doing to the planet.

Read More →