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Company: ConocoPhillips (COP)
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edit collaborating with others internationally keeps competition at bay

Top Contributor: Bret Holmes | Created when COP was $78.74 | Edit | History

While diversifying its operations in international markets, the company has entered into collaborative agreements with local players to reduce competition. ConocoPhillips (COP) has signed an interim agreement with Abu Dhabi National Oil Co. to develop the Shah Gas Field in Abu Dhabi, Thomson Financial reported. Under the terms of the agreement, the companies will share the cost of engineering and design and project mobilization for the field’s development. Abu Dhabi National Oil will have a 60% interest and ConocoPhillips will have a 40% interest in the project.

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edit Benefits from rising demand for oil

Top Contributor: Adam Farren | Created when COP was $78.74 | Edit | History

Since, ConocoPhillips has one of the largest oil and gas reserves and refining capacity in the U.S, the increasing demand for oil and energy products in the U.S will provide ConocoPhillips with an opportunity to increase its revenue and improve its overall financial condition.

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edit Fully integrated is better

Top Contributor: Adam Farren | Created when COP was $78.74 | Edit | History

ConocoPhillips is present in all stages of the supply chain, which enables the company to increase revenues as well as profitability.

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edit Best managed company in the business

Top Contributor: Lee Sellers | Created when COP was $78.36 | Edit | History

Simply the best managed integrated oil and natural gas company in the business.

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