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As a result, ConocoPhillips continued its operations as an upstream (exploration and production) company. In April 2012, ConocoPhillips sold its Trainer Refinery to Monroe Energy LLC, a subsidiary of Delta Air Lines. In May 2012, ConocoPhillips completed the corporate spin-off of its downstream assets as Phillips 66.
ConocoPhillips (NYSE: COP) Q2 2024 Earnings Call Aug 01, 2024, 12:00 p.m. ET. Contents: ... executive vice president of Lower 48; and Kirk Johnson, senior vice president of global operations. Ryan ...
ConocoPhillips is undertaking the move to boost its exploration and production, or E&P, operations. What's remarkable about this segment is that it contributes 23% to the revenue and 80% to the ...
MICHELLE CHAPMAN. May 29, 2024 at 7:22 AM. ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion. The deal is valued at $22.5 billion when including $5.4 ...
Concho Resources Inc. Concho Resources Inc. was a company engaged in hydrocarbon exploration, incorporated and organized in Delaware and headquartered in Midland, Texas, with operations exclusively in the Permian Basin. In 2021, the company was acquired by ConocoPhillips . As of December 31, 2019, the company had 1,002 million barrels of oil ...
conoco.com. Conoco ( / ˈkɒnəkoʊ / KON-ə-koh ), [2] formerly known as Continental Oil, is an American petroleum brand that is operating under the ownership of the Phillips 66 Company since 2012 and is headquartered in Houston, Texas. One of the several successors of Standard Oil, Conoco was a subsidiary of that company from 1884 until its ...
ConocoPhillips's ( COP) plans to acquire independent oil and gas producer Marathon Oil ( MRO) in an all-stock deal for $22.5 billion including debt continues a recent string of deals in the energy ...
ConocoPhillips is less frequently counted as one of the Big Oil companies due to spinning off its downstream division into Phillips 66. [12] [41] Additionally, ConocoPhillips in 2022 ranked lower than any of the six major Big Oil companies on the Fortune Global 500 , and its revenue was superseded by Phillips 66 in 2022.
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