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Case Study

Case Study

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Published by: lovingdude on Dec 07, 2009
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Case study :- CONOCO - PHILLIPS

Introduction : Conoco Phillips inc. was an American oil co. founded in 1875 as the continental oil and the transportation company. It is an international energy corporation with its headquarter located in the energy corridor district of Houston Texas in the United States. It is the fifth largest pvt. Sector Energy Corporation in the world and is one of the 6th super major vertically integrated oil company. Conoco-Phillips 66 and union 76 brands know its fuel stations. Conoco-Phillips was created through the merger of Conoco. The merger between Conoco and Phillips was consummated on august 30 2002.

Our Business:
The company has four activities worldwide: • Petroleum exploration and production. • Petroleum refining, marketing, supply and transportation. • Natural gas gathering, processing and marketing, including a 50% interest in DCP midstream, LIC. • Chemicals and plastics production and distribution through a 50% interest in Chevron Phillips chemical company LLC.

Focus of the company : The focus of our power business is on developing project to support our E&P and R&M strategies. While projects primarily in place to enable these strategies are included within their respective segment project with their significant merchant component are included in the emerging business segment.

ConocoPhillips Increased Divided and Announced Plans to Improve Returns: In October, ConocoPhillips announced a $0.50 quaterly dividend, a 6% increase in its dividend rate. ConocoPhillips has increasewd its quaterly dividend every year since the formation of the company in 2002. The capital program in 2010 is expected to be approximately$11 billion. At this level of funding, the company will support exploration, production and reserve replacements, while preserving its project portfolio for the future development. The company intends to achieve its objective of replacing reserves through organic growth.


Year 2004 2005 2006 2007 2008

Sales (in million US $) 135076 179442 183650 194495 246182

Net Profit (in million US $) 8107 13640 15550 11891 (16998)

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