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ConocoPhillips Stocks

 

Buy ConocoPhillips stocks and shares

CONOCOPHILLIPS (COP) Stocks

ABOUT CONOCOPHILLIPS

? ConocoPhillips, a multinational energy corporation, was founded in 1875 as the Continental Oil and Transportation Co., and has its headquarters in Houston, Texas, in the United States. It is the world’s leading independent pure-play exploration and production company.

The company was established through the merger of American oil companies Conoco, Inc. and Phillips Petroleum Co. in 2002. ConocoPhillips spun off its downstream assets as a separate company Phillips 66, in 2012.

ConocoPhillips is and independent exploration and production (E&P) company that explores for, produces and distributes crude oil, bitumen, natural gas, liquefied natural gas and natural gas liquids. The company operates via six divisions: Alaska, Lower 48, Canada, Europe and North Africa, Asia Pacific and Middle East, and Other International.

The company’s operations are based in the U.S., Norway, Canada, the United Kingdom, Timor-Leste, Australia, Indonesia, China, Libya, Malaysia and Quatar. The company boasts an impressive portfolio which comprises North American unconventional assets and oil sand assets in Canada, conventional assets in North America, Europe, Asia and Australia, LNG developments, and conventional and unconventional exploration con-prospects.

Today, the company employs approximately 11 400 people across its operations worldwide.

OVERVIEW OF CONOCOPHILLIPS

  • ConocoPhillips runs diversified exploration projects across the world. Its Alaska segment explores for, produces, transports and markets crude oil, natural gas liquids, natural gas and liquefied natural gas. The company has ownership interest in the Prudhoe Bay and Kuparuk oil fields in Alaska’s North Slope and interest in the Alphine Field on the Western North Slope.
  • The Lower 48 segment comprises operations in the United States Lower 48 states and the Gulf of Mexico. This division is organised within three regions: Gulf Coast, Mid-Continent and Rockies. Its Canada portfolio comprises a 50% interest in the Surmont oil and sands leases, 35 miles south of Fort McMurray in Alberta.
  • The company also has a 100% interest in the Blueberry-Montney unconventional acreage position. The company’s Europe and North Africa operations are based in Norway in the Greater Ekofisk area, The United Kingdom and Libiya.
  • Crude oil is exported to Teeside, England and the natural gas to Emden, Germany. Produced crude oil is exported through shuttle tankers, and natural gas is transported to St. Fergus, Scotland, through the Scottish Area Gas Evacuation (SAGE) pipeline.
  • The Asia Pacific and Middle East segment operates in China, Indonesia, Australia and Malaysia, as well as Quatar, Timor-Leste and Brunei. ConocoPhillips owns interest in the Darwin LNG Facility at Wickham Point, Darwin. It also operates Bayu-Undan gas condensate field between Timor-Leste and Australia.
  • The Bayu-Undan, phase three development, comprises two standalone subsea horizontal wells connected to the existing drilling, production and processing platform.
  • The company’s Other International division conducts exploration in Columbia and Chile. ConocoPhillips has interest in the Middle Magdalena Basin Block VMM-3, and non-operated interests in the deep rights in the Santa Isabel Block in the same basin.

VALUES OF CONOCOPHILLIPS

  • ConocoPhillips is challenge with the task to safely find and deliver energy to the world.
  • The company regards its employees, contractors, vendors, investors, and other stakeholders as critical to its success as it cannot power civilization without them.
    It is grounded by its core values which position the company to deliver strong performance in a dynamic business field.
  • These values comprise safety, integrity, responsibility and care for its workforce and clients.
  • The company values its employees and recognizes that its success depends on the efficiency of its workforce. It therefore creates an inclusive environment that reflects the different backgrounds, experiences and perspectives of its employees.

MARKET PERFORMANCE OF CONOCOPHILLIPS

  • ConocoPhillips ranked #95 in the 2018 Fortune 500 list of the biggest U.S. corporations by total revenue. It trades on the New York Stock Exchange (NYSE) under the stock symbol “COP”.
  • The company’s steady market performance affords shareholders, who buy or sell company shares, the confidence purchase shares in the expectation of sound dividends and returns.
  • In 2018, the company recorded revenue of USUS Dollar 36.417 billion. Its total assets in 2017 where valued at USUS Dollar 73.362 billion.

LATEST NEWS CONOCOPHILLIPS

Buy CONOCOPHILLIPS stocks / shares – A Step by Step Guide how to Buy / Purchase CONOCOPHILLIPS Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CONOCOPHILLIPS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CONOCOPHILLIPS STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CONOCOPHILLIPS STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CONOCOPHILLIPS stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CONOCOPHILLIPS stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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