ConocoPhillips
0.77 %
-20.64 %
Yet to be announced
Company Overview
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. The company's portfolio includes unconventional plays in North America, Europe, Asia, and Australia.
Revenue Sources
PassConocoPhillips' primary revenue comes from exploration, production, and sale of oil and natural gas. These activities involve real asset exchange and value creation through the extraction and processing of natural resources. While there is price speculation in commodity markets, the underlying business involves actual physical assets and value creation, not gambling.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Dec. 31, 2024 | $14.74b | $11.59b | - | $191.0m | 0.00% | 1.65% |
| Sept. 30, 2024 | $13.6b | $10.4b | - | $189.0m | 0.00% | 1.82% |
| June 30, 2024 | $14.14b | $10.47b | - | $198.0m | 0.00% | 1.89% |
| March 31, 2024 | $14.48b | $10.69b | - | $205.0m | 0.00% | 1.92% |
Based on the financial data from the last four quarters: Interest expense ranged from $189 million to $219 million per quarter, while total expenses ranged from $10.4 billion to $10.9 billion per quarter. The interest expense to total expense ratio consistently remained below 2.5% across all quarters. The company reported no interest income during this period.
Operational Ethics
PassWhile ConocoPhillips has operations in various global locations, review of their public disclosures and operations does not reveal any significant ongoing associations with entities involved in human rights violations. The company has operations in China but there is no clear evidence of material dealings with the Chinese Communist Party.
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