ConocoPhillips is betting a lot on a small number of big oil and gas projects to lift future cash, and the worry is that delays, cost pressures, or weaker gas markets leave results short. The story also digs into how shale drilling performance and political stability in newer regions could make or break the next phase of growth.Read more
ConocoPhillips is betting on big new gas and oil projects to ride growing global energy demand and keep sending more cash back to shareholders, even as it tightens costs and trims its workforce. The catch is that these projects are complex and expensive, and the company’s heavy reliance on fossil fuels could leave it exposed if prices drop or rules tighten.Read more
Catalysts About ConocoPhillips ConocoPhillips is a global exploration and production company focused on oil and natural gas, with a large Lower 48 shale position, LNG projects and long life assets in Alaska and internationally. What are the underlying business or industry changes driving this perspective?Read more
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ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific. The company’s portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. It serves in the United States, Canada, China, Equatorial Guinea, Libya, Malaysia, Norway, Singapore, the United Kingdom, and internationally. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
