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Corporate Profile for ConocoPhillips, dated Feb. 28, 2003.


Energy Editors/Business Editors

--(BUSINESS WIRE)

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.


Published Date:   Feb. 28, 2003

Company Name:     ConocoPhillips

Address:          600 North Dairy Ashford
                  Houston, TX 77079-1175

Main Telephone
 Number:          281/293-1000

Internet Home
 Page Address
  (URL)           www.conocophillips.com

Chief Executive
 Officer:         Jim Mulva

Chief Financial
 Officer:         John Carrig

Investor Relations
 Contact:         Clayton Reasor
 Business number: 212/207-1996
 E-mail address:  ccreaso@ppco.com

Public Relations
 Contact:         Kristi DesJarlais
 Business number: 281/293-4595
 E-mail address:  kadesja@ppco.com

Industry:         Energy

Trading Symbol/
 Exchange:        NYSE:COP



Company description: ConocoPhillips was founded in 2002, following the merger of Conoco Inc. and Phillips Petroleum Company Phillips Petroleum Company was founded in 1917 by L.E. Phillips and Frank Phillips, of Bartlesville, Oklahoma. Their younger brother, Waite Phillips was the benefactor of Philmont Scout Ranch.

Phillips Petroleum was headquartered in Bartlesville, Oklahoma.
. Combined, the new company has more than 200 years of experience in the energy industry, and a rich history of discoveries and "firsts" that make it the world leader it is today.

Headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the
, ConocoPhillips is an international, integrated energy company, operating in 49 countries. It is the third largest integrated energy company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , based on market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
, and oil and gas reserves and production. Worldwide it is the sixth largest publicly owned Publicly owned can refer to:
  • Public company, a company which is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange
  • Public ownership, of government-owned corporations
 energy company, based on oil and gas reserves, and the fifth largest refiner re·fine  
v. re·fined, re·fin·ing, re·fines

v.tr.
1. To reduce to a pure state; purify.

2. To remove by purifying.

3.
.

The company's core activities worldwide are petroleum exploration and production; petroleum refining, marketing, supply and transportation; natural gas gathering, processing and marketing including a 30.3 percent interest in Duke Energy Field Services; and chemicals and plastics production and distribution through a 50 percent interest in Chevron Phillips Chevron Phillips is a chemical producer jointly owned by Chevron Corporation and ConocoPhillips. The company was formed July 1st, 2000 by merging the chemicals operations of both Chevron Corporation and Phillips Petroleum Company.  Chemical Company.

ConocoPhillips is known worldwide for its technological expertise in deepwater exploration and production, reservoir management and exploitation, 3-D seismic, high-grade petroleum coke Petroleum coke (often abbreviated petcoke) is a carbonaceous solid derived from oil refinery coker units or other cracking processes.[1] Other coke has traditionally been derived from coal.  upgrading and sulfur removal. In addition, the company has two emerging businesses under development that hold significant future potential -- natural gas refining and power generation.

At Dec. 31, 2002, ConocoPhillips had approximately 57,000 employees and $77 billion of assets.
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 28, 2003
Words:339
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