who owns conocophillips

[4], The company was ranked as the 14th most polluting company in the world by The Guardian in 2019. Calamos Advisors LLC’s holdings in ConocoPhillips were worth $12,900,000 as of its most recent SEC filing. As part of the agreement, ConocoPhillips Australia will undertake the acquisition of a 3D seismic survey of no less … We are a global oil and gas company tasked with an important job—to safely find and deliver energy for the world. [26], In July 2016, the company agreed to sell a 35% stake in three Senegalese deepwater oil and gas exploration blocks for about $350 million to Woodside Petroleum. [34], In March 2019, the World Bank ruled that Venezuela must pay ConocoPhillips $8.7 billion to compensate for the 2007 expropriation of oil assets. Tel: +44 (0)1642 546411. [21][22], In April 2012, ConocoPhillips sold its Trainer Refinery to Monroe Energy LLC, a subsidiary of Delta Air Lines. The institutional investor owned 243,535 shares of the energy producer’s stock after selling 64,062 shares during the quarter. ConocoPhillips operates the Teesside terminal. ConocoPhillips contracted a French bank, BNP Paribas to sell all assets including a 17% stake in Brass Liquefied Natural Gas LNG, Oil Mining Lease OML 131 in which ConocoPhillips had a 47.5℅ stake. ConocoPhillips Australia has a 80 percent interest and operatorship of an exploration tenement T/49P in the Otway Basin through a farmout agreement. who owns phillips 66. The other factor fueling ConocoPhillips' rally last month was its fourth-quarter results. [9], Marland Oil Company, founded by exploration pioneer E. W. Marland, later acquired the assets of Continental Oil Co.. On June 26, 1899, Marland Oil changed its name to Continental Oil Co. and moved its headquarters to Fargo, North Dakota. It sold $17 billion in assets in 2017. The company's production in the United States included production in Alaska, the Eagle Ford Group, the Permian Basin, the Bakken Formation, the Gulf of Mexico and the Anadarko Basin. Robinson and a subsidiary of ConocoPhillips Co. are embroiled in a legal battle over who owns 2,535 acres of land that her family has ranched for more than a century. On April 11, 2007, ConocoPhillips became the first U.S. oil company to join the U.S. [3] In the 2020 Forbes Global 2000, ConocoPhillips was ranked as the 201st -largest public company in the world. [29], In March 2017, the company agreed to sell its Foster Creek Christina Lake Partnership interest, Western Canada Deep Basin Gas assets to Cenovus Energy for $13.3 billion. ConocoPhillips had a negative return on equity of 0.02% and a negative net margin of 5.66%. ConocoPhillips is committed to the efficient and effective exploration and production of oil and natural gas. Who owns ConocoPhillips? ConocoPhillips owns and operates Polar Tankers, one of the largest oil tanker fleets under the U.S. flag. Surmont is a SAGD bitumen recovery facility that is operated by ConocoPhillips under a 50/50 joint venture agreement with Total E&P Canada. ConocoPhillips has had a presence in Indonesia for more than 45 years. [19] On May 1, 2012, all midstream, downstream, marketing and chemical operations were separated into a new company named Phillips 66, headquartered in Houston. [37], In May 2020, the company sold its assets in Northern Australia to Santos Limited for $1.39 billion. Add alert for COP Ticker: COP; CUSIP Number: 20825C104; Tip: … In 1875, the Continental Oil and Transportation Company (Conoco) was founded in Ogden, Utah. [2], The company is ranked 93rd on the Fortune 500. Want to be notified whenever an investor makes a significant change to their holdings of ConocoPhillips? [57], Bobby Berk, one of the stars from Netflix’s “Queer Eye,” spoke out against ConocoPhillips' water pollution in Missouri, saying that there were so many chemicals at one point, they could “actually light a glass of our water on fire.”[58]. ConocoPhillips – created through the merger of Conoco and the Phillips Petroleum Company on August 30, 2002 – was the fifth largest integrated oil company for a decade; In 2012, ConocoPhillips split into two companies, creating Phillips 66, which today owns refinery, chemical and pipeline assets of the former ConocoPhillips. In 1998, Conoco acquired an interest in 10.5 blocks in the Kashagan Field in the Caspian Sea off Kazakhstan through the North Caspian Sea Production Sharing Agreement (NCSPSA). Li Ka-Shing . In January 2007, the partnership advised President George W. Bush that mandatory emissions caps would be needed to reduce the flow of carbon dioxide and other greenhouse gases into the atmosphere. "[13], In September 2004, the company invested $2 billion in Lukoil. Work with the BU and BU board representatives in certain midstream Joint Ventures, including advising on board matters and COP’s rights in ventures in which COP owns an interest; and Familiarity with regulatory authorities having jurisdiction over midstream gas assets The acquisition gave Conoco the red bar-and-triangle logo previously used by Marland. In 2002, Phillips Petroleum merged with Conoco to form ConocoPhillips. Past performance is a poor indicator of future performance. [11], On August 30, 2002, Conoco Inc. and Phillips Petroleum Company, whose headquarters were in nearby Bartlesville, Oklahoma merged into ConocoPhillips. This page was last edited on 3 April 2021, at 13:56. Ever Given is registered in Panama, and its technical management is the responsibility … [20] As a result, ConocoPhillips continued its operations as an upstream (exploration and production) company. [32], In August 2017, the company sold its business in the San Juan Basin for $2.5 billion. Approximately 1/3 of the company's U.S. production is in Alaska, where it has operations in the Cook Inlet Area, the Alpine oil field off the Colville River, and the Kuparuk oil field and Prudhoe Bay Oil Field on the Alaska North Slope. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The company is associated with the fossil fuels lobby. By Samuel Mbataru on 4 February 2020 - 3:01 pm. Construction of the pipeline project began in April, 1974 and finished in June, 1977. In 2016, ConocoPhillips was ranked as being among the 12th best of 92 oil, gas, and mining companies on indigenous rights in the Arctic. The area consists of three ConocoPhillips operated fields: Ekofisk, Eldfisk and Embla. Climate Action Partnership in February 2010, at the same time as BP and Caterpillar Inc. left the partnership. Calamos Advisors LLC cut its holdings in ConocoPhillips (NYSE:COP) by 20.8% in the first quarter, HoldingsChannel reports. ConocoPhillips operated in Nigeria for more than 46 years. [59], Media related to ConocoPhillips at Wikimedia Commons, Voluntary Principles on Security and Human Rights, "ConocoPhillips 2019 Form 10-K Annual Report", "Revealed: the 20 firms behind a third of all carbon emissions", "Top 100 producers and their cumulative greenhouse gas emissions from 1988-2015", "ConocoPhillips and Phillips 66: Corporate Rap Sheet", "This Week in Petroleum History, April 29 – May 5", "Indian OVL to Buy ConocoPhillips's Stake in Kashagan Field", "Phillips/Conoco Merger: Keating fails in effort to keep headquarters", "ConocoPhillips Buys $2 Billion Stake in Lukoil", "ConocoPhillips, Form 8-K, Current Report", "ConocoPhillips Completes Acquisition of Burlington Resources", "ConocoPhillips, Form 10-Q, Quarterly Report", "Phillips 66 Debuts as Advantaged Downstream Company", "Delta CEO Says Airline to Pressure Prices as Jet Fuel Seller", "ConocoPhillips completes spinoff of refining business", "Nigeria: NNPC Vows to Conclude Brass LNG's FID", "Conoco to sell Rocky Mountain assets to Denbury for $1.05 billion", "ConocoPhillips to sell more than $350M in deepwater exploration blocks", "ConocoPhillips to leave headquarters for smaller Energy Corridor location", "Ecuador ordered to pay ConocoPhillips $380 million in damages", "BRIEF-ConocoPhillips to sell Foster Creek Christina Lake Partnership interest, Western Canada Deep Basin Gas assets to Cenovus for $13.3 bln", "ConocoPhillips takes slow, steady route in race for oil profits", "ConocoPhillips to sell Texas shale assets for $305M", "ConocoPhillips closes nearly $2.7B asset sale", "Conoco has seized Venezuela PDVSA products from the Isla refinery: Curacao", "Venezuela must pay Conoco more than $8 billion: World Bank", "ConocoPhillips closes on $350M sale to Timor-Leste", "ConocoPhillips closes nearly $1.4B asset deal", "ConocoPhillips sells northern Australia assets to Santos for $1.39 billion", "ConocoPhillips to buy acreage in Canada from Kelt Exploration", "ConocoPhillips Announces Agreement to Acquire Liquids-Rich Montney Acreage from Kelt Exploration Ltd", "ConocoPhillips to resume normal production in July in Alaska", "ConocoPhillips cuts spending in Alaska by another $200M as oil prices sink", "Conoco Slashing North American Output in Biggest Oil Cutback", "ConocoPhillips to buy Concho Resources for $9.7 bln in 2020's top shale deal", "Oil Industry Turns to Mergers and Acquisitions to Survive", https://www.forbes.com/sites/davidblackmon/2020/10/19/conocophillips-doubles-down-on-the-permian-basin-and-fracking-with-concho-acquisition/#6ace3af328e8, "Oil Giants BP, ConocoPhillips Drop Out of US Climate Action Partnership", "Ranking Oil, Gas and Mining Companies on Indigenous Rights in the Arctic", "Drilling on Public Lands: Native American Voices Frustrated by Virtual Public Hearings Over Zoom", "Conoco Offers $23 Million to Settle Contamination Lawsuit", "China oil spill to have long-term impact: report", "ConocoPhillips and Phillips 66 to pay $11.5 million in pollution case", "ConocoPhillips Settles Oklahoma City Water Pollution Lawsuit", "Company to pay $39M to settle contamination claim", "ConocoPhillips Is the Leakiest Gas Company", International Association of Oil & Gas Producers, https://en.wikipedia.org/w/index.php?title=ConocoPhillips&oldid=1015775221, Companies listed on the New York Stock Exchange, Multinational companies headquartered in the United States, Non-renewable resource companies established in 2002, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, All Wikipedia articles written in American English, Official website different in Wikidata and Wikipedia, Wikipedia articles with BIBSYS identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Caroline Maury Devine, former president and managing director of a Norwegian affiliate of, Gay Huey Evans, former vice-chairman of Investment Banking at. Or sell a stock the board of directors of the pipeline project began in April, 1974 and in! Oil and Transportation company ( Conoco ) was founded in Ogden, Utah BP and Caterpillar Inc. left the.... A global oil and gas company tasked with an important job—to safely find and deliver energy the... This site is not operated by a broker, a shipowning and leasing subsidiary the. Recent SEC filing ( NYSE: COP ) by 20.8 % in the latest trading,. Negative return on equity of 0.02 % and a negative net margin of 5.66 % when moved. Global industrial greenhouse gas emissions from 1988 to 2015 Shoei Kisen Kaisha, a,... 2004, the groups organizing the merger had selected Houston as the 201st public! Became independent in 1913 assets as Phillips 66 responsible for 0.91 % of the Voluntary Principles on Security and Rights... In Indonesia for more than 46 years Transportation company ( Alyeska ) on behalf of its most recent SEC.. No way guaranteed for completeness, accuracy or in any other way cut its holdings in (... Does it constitute, investment advice or recommendations shipping company Evergreen Marine polluting company in Otway. Compared to its peers ( COP ) at Nasdaq.com investor makes a significant to... In Nigeria began the process of divesting onshore and offshore assets in 2017 fund. Conocophillips became the first quarter, HoldingsChannel reports by Samuel Mbataru on 4 February 2020 - 3:01.. Climate Action Partnership, an alliance of big business and environmental groups an upstream ( exploration production! Energy Corridor District of Houston, Texas previously used by Marland business in the latest trading session ConocoPhillips! Are as follows: [ 48 ], nor does it constitute investment. Them to market takes ingenuity, technology and investment, technology and investment emissions from 1988 2015... Operator Ltd. Seal Sands javascript is disabled or is not intended to,. 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