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  • Rank45
  • Previous Rank4
  • CEO
    Ryan M. Lance
  • Address
    600 N. Dairy Ashford St. , Houston, TX 77079
  • Website
    www.conocophillips.com

In 2012, ConocoPhillips officially completed the spinoff of Phillips 66 (No. 3 on this year’s Fortune 500), its refining, marketing, chemicals and transportation arm. The move was part of an ongoing strategy to shrink the company so it can focus on growing its oil and liquids business.

Earnings in 2012 were $8.4 billion, or $6.72 per share, lower than $12.4 billion in 2011. The decrease might look bad, but it was partly driven by less oil and natural gas production from the company’s ongoing sale of assets – a move analysts say boosts the company’s ability to fund projects and dividends in the next few years.

Among its latest sales, ConocoPhillips sold two Western Australia exploration assets to PetroChina, China’s biggest oil and gas producer. Under the deal, the companies will jointly study unconventional gas resources in the 5,000-acre Neijiang-Dazu Block in China’s Sichuan Basin.

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Key Financials

$ Millions% change
Revenues63,373-73.3
Profits
8428.00
-32.2
Assets117,144-
Total Shareholder Equity47,987-
Market Value (on March 29, 2013)73,381.7-

Profit as a % of

Profit Percent Sales73,381.7
Profit Percent Assets7.2
Profit Percent Shareholder Equity17.6

Earnings Per Share

Earnings Per Share6.72
EPS % Change (from 2012)-25.1
EPS Change (5 year)-1.4
EPS Change (10 year)-

Total Return to Investors

Total Return to Investors8.3
Total Return to Investors (5 year)0.7
Total Return to Investors (10 year)
15.50