Brief Description Of ConocoPhillips

Energy is the most important factor especially when any one talks about running modern day technologies such as car, airplane, trains and home appliances such as air-conditioner, fan, computer, laptop, television etc. These are only some of the most common things that are being used in daily life. So it is obvious that all of such appliances or technologies require some energy source to run like cars, airplanes, trains etc. need fuel and oil to run while home appliances require electricity to run and surely to generate electricity fuels are needed. In the above short description, one may have understood why energy is the most important asset of modern day world.

Now, in order to extract these fuels or energy sources such as petrol, oil, natural gas, diesel, coal etc. may different multinational companies have been set up all around the world, which extract these fuels from beneath the earth, refine them and supply in the market from where we can easily buy them in the required quantity.

Similarly, ConocoPhillips is one of the best companies in the world that deals with such type of energy resources. It is basically an American multinational energy corporation that was founded on 30^th of August 2002 after the unification of Phillips Petroleum Co. and Conoco Inc. and became the world’s 5^th largest integrated oil company. It gained success in a very short period of time, which is only 12 years, and this can be seen through the stock graph of ConocoPhillips. The stock symbol of ConocoPhillips is COP, which trades under NYSE while COP stock price varies from $77.34 to $77.62.