ConocoPhillips (COP)

ConocoPhillips' stock experienced a decline on April 10, 2025, but gained on October 22, 2025. Second-quarter 2025 earnings were reported on August 7, 2025, showing increased production but decreased earnings. The company distributed $2.2 billion to shareholders and declared a third-quarter dividend of $0.78 per share. The acquisition of Marathon Oil occurred in November 2024, and a workforce reduction plan was announced in September 2025. ConocoPhillips also signed a 20-year LNG contract with Sempra and a long-term sales agreement for LNG from the Rio Grande LNG project.

Demand for ConocoPhillips' products varies seasonally, with natural gas prices peaking in winter and propane demand increasing in the fall and winter. Gasoline inventories build before summer and decline throughout the season, while refineries undergo maintenance in the fall and spring. LNG is increasingly important for meeting future energy demand, and ConocoPhillips is expanding its LNG portfolio.

ConocoPhillips is an American multinational corporation focused on hydrocarbon exploration and production within the energy sector, specifically the oil and gas industry. The company is involved in the exploration, production, transportation, and marketing of crude oil, bitumen, natural gas, natural gas liquids (NGLs), and liquefied natural gas (LNG) globally, serving industries such as petrochemical, utility, and energy sectors.

ConocoPhillips has a global presence with operations in 15 countries, managed through six operating segments: Alaska, Lower 48, Canada, Europe, Middle East and North Africa, Asia Pacific, and Other International. Key operational areas include Alaska, the Lower 48 states, Norway, Qatar, Libya, China, Malaysia, Australia, and Equatorial Guinea.

ConocoPhillips has emphasized its commitment to ESG goals to strengthen its brand reputation. However, the announcement of a significant workforce reduction could impact employee morale and stakeholder trust. The company aims to become a net-zero company for operational emissions by 2050 and actively monitors diversity metrics globally.

ConocoPhillips is primarily owned by institutional investors, holding approximately 75% to 82.36% of the company's shares. Major shareholders include The Vanguard Group, Inc., State Street, and BlackRock. Individual ownership is relatively small, typically under 1%.