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Discovery Inc's 1. ConocoPhillips operates as an exploration and production company, which engages in the exploration, production, transport, and marketing of crude oil, bitumen, and natural gas. The Alaska segment explores for, produces, transports, and markets crude oil, natural gas, and natural gas liquids. The Canada segment refers to oil sands development in the Athabasca Region of northeastern Alberta and a liquids-rich unconventional play in western Canada. The Other International segment handles exploration activities in Columbia and Argentina.
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A large position in the Permian offers low-cost liquids growth with wider margins, lower risk, and higher returns than international operations. Conoco is investing to reduce emissions, but not to diversify its business away from hydrocarbons, potentially risking future value destruction if demand declines faster than expected. Morningstar brands and products. Investing Ideas. Unlock our analysis with Morningstar Investor. Start Free Trial. Mar 1,
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Discovery Inc's 1. ConocoPhillips operates as an exploration and production company, which engages in the exploration, production, transport, and marketing of crude oil, bitumen, and natural gas. The Alaska segment explores for, produces, transports, and markets crude oil, natural gas, and natural gas liquids.
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