ConocoPhillips: Premium Asset Base And Fortress Balance Sheet

Cavan Images/Cavan via Getty Images Company Overview ConocoPhillips (NYSE:COP) is an independent E&P company headquartered in Houston, TX exploiting hydrocarbon resources including crude oil, bitumen, NGL and natural gas with significant positions in the continental US, Alaska, the North Sea and South East Asia. 2023 average production stood at ~1.8Mboed with a roughly 51% oil and 67% liquids share (excluding affiliates 58% and 75%) making it the largest independent E&P company in the US. The company, w ...