Conocophillips

Conocophillips is a publicly traded company having a good stock performance result. Conocophillips is a fortune 500 stock listed company trading under COP.

ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas. ConocoPhillips is an international, integrated energy company. It is the third largest integrated energy company in the United States, based on market capitalization, oil and gas proved reserves and production; and the second largest refiner in the United States. Worldwide, of non-government controlled companies, ConocoPhillips has the eighth largest total of proved reserves and is the fifth largest refiner in the world.

The company has four core activities worldwide petroleum exploration and production, petroleum refining, marketing, supply and transportation, natural gas gathering, processing and marketing, including a 50 percent interest in Duke Energy Field Services, LLC and chemicals and plastics production and distribution through a 50 percent interest in Chevron Phillips Chemical Company LLC.

They produced 1.88 million BOE per day, including 1.59 million BOE per day from their Exploration and Production segment and an estimated 0.29 million BOE per day from their LUKOIL Investment segment. Their worldwide refining crude oil capacity utilization rate was 88 percent, as the Alliance refinery remained shut down due to Hurricane Katrina and the Lake Charles refinery returned to normal operations following Hurricane Rita.

For the twelve months of 2005, net income was 13,529 million dollars, or 9.55 dollars per share, versus 8,129 million dollars, or 5.80 dollars per share, for 2004. Income from continuing operations was 13,640 dollars million, or 9.63 dollars per share, compared with 8,107dollars million, or 5.79 dollarsper share, for the same period a year ago. Total revenues were dollars183.4 billion, versus 136.9 dollars billion a year ago.

Their financial position continues to steadily improve, and their return on capital employed remains strong and competitive. They ended the quarter with a debt-to-capital ratio of 19 percent. During the quarter, they generated 4.7 billion dollars in cash from operations, spent 3.0 billion dollars in capital projects and investments, paid 429 million dollars in dividends, reduced debt by 981 million dollars, and repurchased 759 million dollars of ConocoPhillips common stock.

For the year, they spent 11,620 million dollars on capital expenditures and investments, which effectively reflects an 86 percent reinvestment of 2005 net income. This represents a significant reinvestment into the growth and development of our businesses. In addition, they paid 1,639 million dollars in dividends, reduced debt by 2,486 million dollars and repurchased 1,924 million dollars of ConocoPhillips common stock