Skip to content
Est. 1998 proudly celebrating 27 years of standing behind American companies
CONOCOPHILLIPS logo

ConocoPhillips: A Financial Snapshot of the Houston Oil Giant

An oil pumpjack operating on a remote Alaskan tundra landscape at dusk.

A plain-English look at ConocoPhillips's revenue, profit, and market value, drawn entirely from public filings and market data.

From the Alaskan North Slope to LNG terminals scattered across the globe, ConocoPhillips has spent nearly a century and a half pulling energy out of the ground. Today it stands as one of the largest independent exploration and production companies in the United States, and its recent financial figures offer a clear window into how a company of this size and reach actually performs.

A Company Rooted in Texas

Headquartered in Houston, Texas, ConocoPhillips traces its roots back to 1875, long before oil became the backbone of the American economy. It went public in June 1972 and now trades on the New York Stock Exchange under the ticker COP. The company runs a lean operation for its size, employing approximately 9,900 people worldwide.

Where the Company Operates

As an independent exploration and production firm, ConocoPhillips focuses primarily on Alaska and the Lower 48 states, with additional operations in Canada, Europe, Asia-Pacific, the Middle East, and Africa. It also runs a substantial integrated LNG production and marketing business that spans multiple geographies, giving it a footprint far beyond domestic drilling sites.

Revenue and Profit in Plain Terms

In its most recent fiscal year, ConocoPhillips generated $51.8 billion in revenue and turned a net income of $8.0 billion. That means for every dollar of sales, roughly 13.6 cents made it to the bottom line as profit — a figure known as net margin. The company's gross margin, which measures profitability before broader operating costs, came in at 62.1%.

A gloved hand adjusting a valve wheel on steel drilling equipment at an onshore oil field.

Growth Over Time

Revenue climbed 22% between fiscal year 2021 and fiscal year 2025, a meaningful expansion for a company already operating at tens of billions of dollars in sales. Growth of that scale, sustained over several years, suggests a business that has been adding volume, capturing higher prices, or both, even as energy markets have swung through periods of volatility.

Sizing Up the Balance Sheet

ConocoPhillips holds $121.9 billion in total assets, a figure that reflects the enormous capital tied up in oil fields, LNG infrastructure, pipelines, and equipment needed to run a global energy business. Assets of this scale are typical for a company operating across multiple continents in a capital-intensive industry like oil and gas.

What the Market Says It's Worth

The company's market capitalization stands at $142.7 billion, based on a recent share price of $108.02 (15-minute delayed). That valuation is 19% below its 52-week high, meaning shares have pulled back somewhat from their most recent peak, though the underlying business remains profitable.

Putting a Number on the Valuation

ConocoPhillips currently trades at a price-to-earnings ratio of 17.0, a way of comparing its stock price to the profit it generates per share. Investors also receive a dividend yielding about 3.11% annually, a regular cash payout tied to the company's earnings.

What These Figures Add Up To

Taken together, the numbers describe a large, profitable, and growing independent oil and gas producer with a global footprint and a balance sheet built for capital-intensive work. Revenue in the tens of billions, steady margins, and continued growth over a multi-year stretch point to a mature company still expanding its scale.

A Note on This Reporting

This article is factual reporting drawn from public filings and market data, and it is not investment advice.

Companies in this story

Recommended articles