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ConocoPhillips (COP)

On Feb 9: 48.49 USD   0.00 (0.00%)  
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ConocoPhillips
600 North Dairy Ashford
Houston, TX 77079-1175
Phone: 281-293-1000
Fax: 281-293-1440
Web Site: http://www.conocophillips.com

DETAILS
Index Membership: S&P 100
S&P 500
S&P 1500 Super Comp
Sector: Basic Materials
Industry: Major Integrated Oil & Gas
Employees (last reported count): 30,000

BUSINESS SUMMARY
ConocoPhillips operates as an integrated energy company worldwide. The company operates through six segments: Exploration and Production (E&P), Midstream, Refining and Marketing (R&M), LUKOIL Investment, Chemicals, and Emerging Businesses. E&P segment explores for, produces, and markets crude oil, natural gas, and natural gas liquids. It also mines deposits of oil sands in Canada to extract the bitumen and upgrade it into a synthetic crude oil. Midstream segment gathers, processes, and markets natural gas; and fractionates and markets natural gas liquids in the United States and Trinidad. R&M segment purchases, refines, markets, and transports crude oil and petroleum products, including gasoline, distillates, and aviation fuels. LUKOIL Investment segment consists of 20% interest in OAO LUKOIL, an international integrated oil and gas company. Chemicals segment manufactures and markets petrochemicals and plastics. It offers olefins and polyolefins, such as ethylene, propylene, and other olefin products; aromatics products, such as benzene, styrene, paraxylene, cyclohexane, polystyrene, and styrene-butadiene copolymers; and various specialty chemical products comprising organosulfur chemicals, solvents, catalysts, drilling chemicals, mining chemicals, and engineering plastics and compounds. Emerging Businesses segment develops new technologies and businesses. It focuses on the power generation; and alternative energy and programs, such as advanced hydrocarbon processes, energy conversion technologies, new petroleum-based products, and renewable fuels. It also offers E-Gas, a gasification technology producing high-value synthetic gas. As of December 31, 2008, the company had 8.08 billion barrels of oil equivalent of proved reserves. ConocoPhillips was founded in 1917 and is based in Houston, Texas with additional offices in Belle Chasse and Westlake, Louisiana.
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    OFFICERS
      Pay Exercised
    Mr. James J. Mulva , 63
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 2.92M $ 7.00M
    Mr. Sigmund L. Cornelius , 56
    Chief Financial Officer and Sr. VP of Fin.
    $ 1.11M $ 0
    Mr. John A. Carrig , 58
    Chief Operating Officer
    $ 2.02M $ 6.47M
    Mr. Rand C. Berney , 54
    Principal Accounting Officer and Sr. VP of Corp. Shared Services
    $ 777.00K $ 4.47M
    Mr. John E. Lowe , 51
    Assistant to Chief Exec. Officer
    $ 1.63M $ 5.03M
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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