COP
DependentConocoPhillips
$123.62
+0.88%
as of 13 Apr
Power Core
The moat in one sentence: ConocoPhillips possesses the deepest inventory of low-cost, long-life drilling locations among independent E&P companies, enabling it to sustain production and returns at commodity prices that render competitors uneconomic.
Direction of Movement
Strengthening Position Within Structural Commodity Dependency
ROC 200
+37.4%
COP
ConocoPhillips
$123.62
+0.88%
as of 13 Apr
DCF Fair Value: $529.78
mOS zones are proprietary L17X overlays and do not constitute trading signals or investment advice.
Company Profile
ConocoPhillips is an independent exploration and production company focused on discovering, developing, and producing crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. Founded in 1917 and headquartered in Houston, Texas, it operates across six key segments: Alaska, Lower 48 states in the U.S., Canada, Europe, Middle East and North Africa, Asia Pacific, and Other International. The company's diverse portfolio encompasses unconventional resources in North America, conventional assets in North America, Europe, Asia, and Australia, global LNG projects, Canadian oil sands, and extensive exploration prospects. In 2023, ConocoPhillips produced 1.2 million barrels per day of oil and natural gas liquids alongside 3.1 billion cubic feet per day of natural gas, drawing primarily from assets in Alaska, the U.S. Lower 48, Norway, and various Asia-Pacific and Middle East locations. With proven reserves of 6.8 billion barrels of oil equivalent at year-end 2023 and approximately 10,300 employees, it plays a pivotal role in the global energy sector by supplying vital hydrocarbons to markets while pursuing operational efficiency and cost discipline.