Who We Are

ConocoPhillips is an international, integrated energy company. It is the third-largest integrated energy company in the United States, based on market capitalization, and oil and gas proved reserves and production; andthe second-largest refiner in the United States. Worldwide, of nongovernment-controlled companies, ConocoPhillips has the eighth-largest total of proved reserves and is the sixth-largest refiner.
     ConocoPhillips is known worldwide for its technological expertise in exploration and production, reservoir management and exploitation, 3-D seismic technology, high-grade petroleum coke upgrading and sulfur removal.
      Headquartered in Houston, Texas, ConocoPhillips operates in approximately 40 countries. The company has about 35,600 employees worldwide and assets of $107 billion. ConocoPhillips’ stock is listed on the New York Stock Exchange under the symbol “COP.”

Our Businesses

The company has four core activities worldwide:

• Petroleum exploration and production.
• Petroleum refining, marketing, supply and transportation.
• Natural gas gathering, processing and marketing, including a 50 percent interest in Duke Energy Field Services, LLC.
• Chemicals and plastics production and distribution through a 50 percent interest in Chevron Phillips Chemical Company LLC.

     In addition, the company is investing in several emerging businesses — technology solutions, gas-to-liquids, power generation and emerging technologies — that provide current and potential future growth opportunities.

Our Theme: Energy Investments for the Future

With a balanced, integrated portfolio, ConocoPhillips has tremendous potential to capitalize on near- and long-term investments in resource-rich projects around the world and is committed to being a part of the solution to the world’s energy needs. (On the cover, left to right) Announced in 2005, the company’s proposed 2006 acquisition of Burlington Resources will expand its presence in North America through high-quality, long-life reserves and assets, such as this drilling site in Western Canada. The Britannia field in the North Sea is an example of ConocoPhillips’ commitment to innovation and operational excellence as a means to organically improve productivity from existing assets. Strategic investments in the company’s refining business also have and will allow ConocoPhillips to enhance its capabilities and further strengthen its international position to complement facilities in Europe and the Asia Pacific region, like the Melaka refinery in Malaysia. Employees in all facets of company operations, such as these in Qatar, the United Kingdom and Indonesia, invest their collective energy to provide sustainable value for the company and its shareholders both today and tomorrow.