ConocoPhillips is a multinational energy
corporation in America. Its headquarters are located in Houston, Texas. It is
known to be the world’s best production and exploration company and is known
for its good links with other companies. The company was founded in 1875 as
Continental Oil and Transportation Company. It was earlier an oil, coal and
grease company but latter acquired assets and established wide range of
petrochemicals as well. On June 26, 1929, Marland Oil the founder of company renamed
it as Continental Oil Company.
From the very start, the stock shares of the
company were 2,317,266 that were enough for any company to be get noticed. Presently,
according to ConocoPhillips stocks the
net income of company is $117.144 billion, this is the estimated value for the
records of year 2012. For the revenue the estimated value according to ConocoPhillips stock news of year 2012
is $62.004 billion. In time period from 2009 to 2011 $10
billion assets of the company got sold that cast a deep mark on the stock rate
of the company. For next two years. In January 2013, ConocoPhillips Company
announced that the company is going to sell its Rocky Mountain assets for 1.5
billion U.S. dollar to Danbury Resources.
Apart of its publicity, the company has been
raked at 13th number among U.S. corporate producers of air
pollution. The company has been named a defendant and COP stock highlights that it was among the companies that colluded
with the Georgian government to approve a $3 billion pipeline so that they can
avoid any lawful restriction.
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