Is Conoco still in business?
Conoco Inc. (/ˈkɒnəkoʊ/ CON-uh-koh) was an American oil and gas company that operated from 1875 until 2002, when it merged with Phillips Petroleum to form ConocoPhillips.
What gas stations are owned by ConocoPhillips?
ConocoPhillips, which operates the Phillips 66, Conoco and 76 brands in the western and central United States, is the latest big oil company to sell its service stations. “Tying up capital in a retail gas station is not its most efficient use,” Phil Weiss, energy analyst at the Argus Research Company, said.
Is Conoco same as Sunoco?
Conoco spun off its retail operations in 2012 to focus exclusively on oil and gas exploration and production, while Sunoco — now a limited partnership controlled by Energy Transfer Partners (NYSE: ETP) — has moved exclusively into downstream operations, selling wholesale and retail gasoline.
Is Conoco the same as Phillips 66?
These two companies had successful businesses before merging in 2002 to form ConocoPhillips. In 2012, ConocoPhillips separated into two stand-alone publicly traded companies, one of which is Phillips 66. Our company comprises a number of heritage, joint venture and acquired brands.
Is ConocoPhillips a buy right now?
There are currently 3 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should “buy” ConocoPhillips stock.
Who is ConocoPhillips?
ConocoPhillips, headquartered in Houston, Texas, is the world’s largest independent E&P company based on production and proved reserves.
What has ConocoPhillips been up to at Montney?
At Montney, ConocoPhillips has established a major position in a liquids-rich unconventional development play. During 2020, the company completed an acquisition of approximately 147,000 net acres in the play’s core area, adding substantial resources with a favorable cost of supply.
What does ConocoPhillips do in Alaska?
Nominate a teacher today! ConocoPhillips is Alaska’s largest crude oil producer and largest owner of exploration leases, with approximately 1.3 million net undeveloped acres at year-end 2020. ConocoPhillips has been active in Australia for two decades and serves as operator of the Australia Pacific LNG liquefaction plant in Queensland.
What does ConocoPhillips do in Indonesia?
ConocoPhillips is an independent exploration and production (E&P) company headquartered in Houston, Texas. ConocoPhillips has had a presence in Indonesia for more than 45 years. The company currently operates two onshore blocks, the Corridor Block PSC in South Sumatra and the Kualakurun PSC in Central Kalimantan.