ConocoPhillips (NYSE: COP (http://www.nyse.com/about/listed/lcddata.html?ticker=COP)) was founded by the merger of the Conoco Inc. and Phillips Petroleum Company on August 30, 2002. Image of Conoco-Phillips Logo This is a copyrighted and/or trademarked logo. ... Literally a public company is a company owned by the public. ... Foundation may be: the founding of an institution. ... In geography, location is a position or point in physical space expressed relative to the position of another point or thing. ... Houston redirects here. ... An industry is generally any grouping of businesses that share a common method of generating profits, such as the movie industry, the automobile industry, or the cattle industry. It is also used specifically to refer to an area of economic production focused on manufacturing which involves large amounts of upfront... In marketing, a product is anything that can be offered to a market that might satisfy a want or need. ... A petrochemical is any chemical derived from fossil fuel. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... A website, Web site or WWW site (often shortened to just site) is a collection of webpages, that is, HTML/XHTML documents accessible via HTTP on the Internet; all publicly accessible websites in existence comprise the World Wide Web. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is the second largest stock exchange in the world. ... August 30 is the 242nd day of the year in the Gregorian Calendar (243rd in leap years), with 123 days remaining. ... 2002 is a common year starting on Tuesday of the Gregorian calendar. ...
It is an international energy company with its headquarters located in Houston. It operates Conoco, Phillips 66, and Union 76 (which it bought from Unocal) retail gas stations. Houston redirects here. ... Categories: Companies traded on NYSE | Corporation stubs | Oil companies of the United States | Fortune 500 companies | Companies based in Texas ... Union 76 operates gasoline stations mainly in the United States. ... The Unocal Corporation (NYSE: UCL), based in Los Angeles, California, was founded in 1890 as the Union Oil Company of California. ...
Phillips, the No. 5 U.S. oil company, said it expects a "slight net operating loss" in its first quarter, which ended in March.
Phillips' chemicals business was hurt by low margins and sluggish demand in the quarter, and its natural gas business also is expected to be well below the year-ago quarter.
Phillips also said it expects to end the quarter with $8.9 billion in debt, resulting in a debt-to-capital ratio of about 38 percent.
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