{ "schemaVersion": 1, "organisationId": "O-7099f9afb9e04f0394ee6b39614911d4", "slug": "conocophillips", "name": "CONOCOPHILLIPS", "updatedAt": "2026-10-03T22:12:57.023976Z", "sections": [ { "type": "OVERVIEW", "text": "ConocoPhillips is an independent exploration-and-production company in the energy sector. It explores for, produces, transports and markets crude oil, bitumen, natural gas, natural gas liquids and liquefied natural gas. Its portfolio includes unconventional North American resources, conventional assets, LNG developments, Canadian oil sands and exploration opportunities. [P86446429]\n\nThe company states its purpose is “to power civilization” and its mission is to be “the E&P company of choice for all stakeholders.” [https://www.conocophillips.com/about-us/who-we-are/] Its FY2025 report describes operations and activities in 14 countries, with producing operations in the United States, Norway, Canada, Australia, Malaysia, Libya, China, Qatar and Equatorial Guinea; its operations page reports a presence in 15 countries as of June 30, 2026. [P15925685][https://www.conocophillips.com/operations/] In FY2025, it reported approximately 9,900 employees worldwide and $58.944 billion in consolidated sales and other operating revenues. [P15925685][T6175896]\n[P86446429][P15925685][T6175896][https://www.conocophillips.com/about-us/who-we-are/][https://www.conocophillips.com/operations/]", "updatedAt": "2026-10-03T22:12:57.023976Z" }, { "type": "PRODUCTS", "text": "ConocoPhillips produces and markets crude oil, bitumen, natural gas, natural gas liquids (NGLs) and liquefied natural gas (LNG). In Q2 2026, average net production was 1,094 thousand barrels per day (MBD) of crude oil, 115 MBD of bitumen, 420 MBD of NGLs and 3,710 million cubic feet per day (MMCFD) of natural gas, totaling 2,248 thousand barrels of oil equivalent per day (MBOED). [T16892197] The company’s 1Q 2026 production mix was 48% crude oil, 18% NGLs, 5% bitumen and 29% natural gas; these are shares of production volume, not revenue. [P125111576]\n\nThe company licenses its Optimized Cascade Process for LNG liquefaction. Company materials describe recovery of heavier hydrocarbons as a separate product and optional nitrogen removal. [https://lnglicensing.conocophillips.com/what-we-do/lng-technology/optimized-cascade-process/] Its commercial gas and power services include gas purchases and sales, transportation, storage, pipeline scheduling, volume and imbalance management, hedging, asset and risk management, and power marketing and trading. [https://www.conocophillips.com/what-we-do/commercial-gas-power/services/]\n\nThe 2025 Annual Report describes future contractual delivery commitments of approximately 9 million tonnes per annum (MTPA) of LNG, 820 billion cubic feet (Bcf) of natural gas and 175 million barrels of crude oil, with contracts expiring through 2042. [P14218211]\n[T16892197][P125111576][P14218211][https://lnglicensing.conocophillips.com/what-we-do/lng-technology/optimized-cascade-process/][https://www.conocophillips.com/what-we-do/commercial-gas-power/services/]", "updatedAt": "2026-10-03T22:12:57.023976Z" }, { "type": "GEOGRAPHY", "text": "For FY2025, ConocoPhillips reported five primarily geographic operating segments: Alaska, Lower 48, Canada, Europe, Middle East and North Africa (EMENA), and Asia Pacific. Producing operations were reported in the U.S., Norway, Canada, Australia, Malaysia, Libya, China, Qatar and Equatorial Guinea. [P1710272][P20977656]\n\nEMENA includes operations in Norway, Qatar, Libya and Equatorial Guinea, as well as U.K. commercial and terminal operations. Asia Pacific includes producing operations in China, Malaysia and Australia, with commercial operations in China, Singapore and Japan. [P54280905][P43992635]\n\nThe company is headquartered in Houston, Texas, and reported approximately 9,900 employees worldwide at December 31, 2025; it does not provide a geographic breakdown of employees in the cited information. [P15925685] FY2025 sales and other operating revenues are presented by operating segment rather than by customer destination, so they do not establish revenue by country or sales market. [T6175896]\n[P1710272][P20977656][P54280905][P43992635][P15925685][T6175896]", "updatedAt": "2026-10-03T22:12:57.023976Z" }, { "type": "SEGMENTS", "text": "ConocoPhillips reports five operating segments, primarily organized by geographic region: Alaska, Lower 48 (L48), Canada, Europe, Middle East and North Africa (EMENA), and Asia Pacific. Their operations include exploring for, producing, transporting and marketing crude oil, bitumen, natural gas, LNG and NGLs. The former Other International operating segment ceased to qualify as a reportable segment in the fourth quarter of 2025; remaining activity is included in Corporate. [P31065605][P112154404]\n\nOn a 2025 consolidated-revenue basis, the approximate contributions were Lower 48 70.2%, EMENA 11.0%, Alaska 9.6%, Canada 6.1%, and Asia Pacific 3.0%. These shares use segment revenues after intersegment eliminations divided by total consolidated revenue of $58.944 billion; they are approximate because Corporate revenue and rounding account for the small difference from 100%. This is a revenue-based comparison, not a share of production. [T6175896]\n[P31065605][P112154404][T6175896]", "updatedAt": "2026-10-03T22:12:57.023976Z" }, { "type": "HISTORY", "text": "ConocoPhillips traces its heritage to Continental Oil and Transportation Co., founded in 1875, and Phillips Petroleum Company, founded by Frank and L.E. Phillips in 1917. [https://www.conocophillips.com/about-us/our-history/][https://www.phillips66.com/history/] The two businesses merged on August 30, 2002, forming ConocoPhillips. [P83662958]\n\nThe company expanded through the 2006 acquisition of Burlington Resources. [https://www.sec.gov/Archives/edgar/data/1163165/000095012906003485/0000950129-06-003485.txt] In 2012, it separated its downstream business into Phillips 66, leaving ConocoPhillips as an independent exploration-and-production company. [P83662958][https://www.conocophillips.com/news-media/story/conocophillips-becomes-one-of-the-worlds-largest-independent-ep-companies-spinoff-of-phillips-66-complete/] In 2024, it completed its acquisition of Marathon Oil Corporation. [https://www.conocophillips.com/news-media/story/conocophillips-completes-acquisition-of-marathon-oil-corporation/]\n[P83662958][https://www.conocophillips.com/about-us/our-history/][https://www.phillips66.com/history/][https://www.sec.gov/Archives/edgar/data/1163165/000095012906003485/0000950129-06-003485.txt][https://www.conocophillips.com/news-media/story/conocophillips-becomes-one-of-the-worlds-largest-independent-ep-companies-spinoff-of-phillips-66-complete/][https://www.conocophillips.com/news-media/story/conocophillips-completes-acquisition-of-marathon-oil-corporation/]", "updatedAt": "2026-10-03T22:12:57.023976Z" } ], "sources": [ { "id": "P86446429", "href": "https://app.finbar.com/go?id=P86446429", "label": "CONOCOPHILLIPS — Full financial report (2025 Y)", "documentId": "D-9755094093964d0c96aba19b6f8c2518" }, { "id": "https://www.conocophillips.com/about-us/who-we-are/", "href": "https://www.conocophillips.com/about-us/who-we-are/", "label": "www.conocophillips.com" }, { 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