Explores, produces, refines, and wholesales oil and natural gas
ConocoPhillips explore for, produce, transports and markets crude oil, bitumen, natural gas, liquefied natural gas and natural gas liquids.
It operates through six segments: Exploration and Production, Midstream, Refining and Marketing, LUKOIL Investment, Chemicals and Emerging Businesses.
The Exploration and Production segment primarily explores for, produces, transports and markets crude oil, bitumen, natural gas, liquefied natural gas and natural gas liquids on a worldwide basis.
The Midstream segment gathers, processes and markets natural gas produced by ConocoPhillips and others, and fractionates and markets natural gas liquids, predominantly in the United States and Trinidad.
The Refining and Marketing segment purchases, refines, markets and transports crude oil and petroleum products, mainly in the United States, Europe and Asia.
The LUKOIL Investment segment consists of its investment in the ordinary shares of OAO LUKOIL, an international, integrated oil and gas company headquartered in Russia.
The Chemicals segment manufactures and markets petrochemicals and plastics on a worldwide basis.
The Emerging Businesses segment represents its investment in new technologies or businesses outside the company's normal scope of operations.
The company was founded on August 30, 2002 and is headquartered in Houston, TX.