# ConocoPhillips

ConocoPhillips is an Oil & Gas Exploration and Production based in Houston, United States.

## Overview

- **Organization type:** Oil & Gas Exploration and Production
- **Headquarters:** Houston, United States
- **Region:** North America
- **Address:** Houston, TX, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** conocophillips.com
- **LinkedIn:** https://www.linkedin.com/company/conocophillips

## Regulatory record

- **Reports private funds:** No

## About

ConocoPhillips is an independent exploration and production company in the energy sector. It explores, produces, transports, and markets crude oil, natural gas, and LNG. The company is headquartered in Houston, Texas, and was founded in 2002.

## Sectors

- Energy
- Oil & Gas
- Infrastructure

## Offices

- San Francisco, CA, United States
- Naperville, IL, United States
- San Ramon, CA, United States

## People

- Ryan Lance — Chairman and Chief Executive Officer

## Questions

### Who runs investment decisions at ConocoPhillips?

Ryan Lance is Chairman and CEO, responsible for strategic capital allocation. The investment decisions are overseen by the board and executive committee. The firm's management team has maintained a focus on shareholder returns and operational efficiency (per the firm's 2024 annual report).

### Which sectors does ConocoPhillips explicitly avoid?

The firm does not invest in downstream refining or petrochemicals, unlike integrated peers such as ExxonMobil. It also does not invest in renewable energy projects to a significant degree, focusing on its core oil and gas business.

### How is ConocoPhillips related to its founding companies?

ConocoPhillips was formed via the 2002 merger of Conoco Inc. and Phillips Petroleum. The brand retains the legacy of both firms, which date back to 1875 (Phillips) and 1870 (Conoco). The company is now a standalone E&P firm.

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Last updated: 2026-06-03T20:00:00.000Z

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