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ConocoPhillips (COP)

Energy · Oil & Gas Exploration and Production (E&P)

ConocoPhillips is one of the world's leading exploration and production companies with a diverse, low-cost portfolio spanning unconventional plays, conventional assets, LNG developments, and oil sands.

What ConocoPhillips does

ConocoPhillips is a multinational exploration and production (E&P) company headquartered in Houston, Texas, with operations in 14 countries. The company produces crude oil, natural gas, and natural gas liquids (NGLs) from resource-rich unconventional plays in North America, conventional assets across multiple continents, global LNG developments, and Canadian oil sands. In 2025, the company produced 2,375 MBOED and achieved approximately $1 billion in synergies following its acquisition of Marathon Oil, which closed in November 2024.

Themes: ["E&P upstream operations","Oil & gas supply chain","Energy security","LNG / natural gas","Oil sands Canada","Cost of supply optimization","Capital discipline","Shareholder returns","Energy transitions","ESG emissions reduction"]

Fundamentals

Dividend: yield +3.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).

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Key risks (from latest filing)

["Commodity price volatility and cyclicality: crude oil and natural gas prices remained volatile throughout 2025 due to macroeconomic and geopolitical forces, slowing global oil demand growth and higher OPEC Plus production","Energy transition and long-term demand uncertainty: as the global energy industry evolves, sustained pressure on fossil fuel demand and government policies may constrain future growth and investment returns","Integration and restructuring execution: the company is realizing synergies from the Marathon Oil acquisition and executing cost reductions totaling approximately $1 billion by year-end 2026, with workforce restructuring underway and execution risk present"]

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Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.