abhishreshthaa

Abhijeet S
onocoPhillips Company (NYSE: COP) is an international energy corporation with its headquarters located in the Energy Corridor district of Houston, Texas in the United States. It is also one of the Fortune 500 companies. ConocoPhillips is the fifth largest private sector energy corporation in the world and is one of the six "supermajor" vertically integrated oil companies. It sells fuel under the Conoco, Phillips 66 and Union 76 brands in North America, and Jet in Europe. ConocoPhillips was created through the merger of Conoco Inc. and the Phillips Petroleum Company on August 30, 2002


Strengths

* Strong market position
* Extensive refining and marketing operations
* Cash generator
* Wide geographical presence

Weaknesses

* Strong cash position
* Declining reserves
* Bad public perception

Opportunities

* Agreement with Archer Daniels Midland to work on renewable transportation fuels from biomass
* Increasing demand for refined products in China, India
* Increase in demand for natural gas in North America

Threats

* Economic slowdown in the US and EU
* Environmental regulations
* Tax regulations in the US
* Increasing labor costs
 
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