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The BusinessWeek 50 Ranking

31

ConocoPhillips

LIKE ITS RIVALS in the oil patch, ConocoPhillips is gushing with profits. But the nation’s No. 3 oil major continues to separate itself from the pack with super-aggressive investments, such as the $36 billion acquisition of natural gas leader Burlington Resources Inc., due to be completed in March. By the end of 2006, CEO Mulva also plans to spend as much as $3 billion to raise Conoco’s stake in Russia’s OAO Lukoil to 20%. The company is also pushing ahead with major projects in politically risky places such as Venezuela and Libya, where it recently won approval to restart operations. Conoco is pouring big money into downstream operations as well. It has bought a refinery in Germany and announced a $5 billion, multiyear program to add capacity for processing heavy crude in the U.S. So far, Mulva’s bets have paid big rewards for investors: Total returns have risen 41% annually since 2002, about double those generated by Exxon Mobil Corp. and Chevron Corp. As long as global energy demand keeps growing at its current torrid pace, Conoco’s shareholders are likely to get many more happy returns.

Company Info

2005 Rank

2

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COMPANY INFO

COP

Market Value
$ Million

83,993.7

Total Return
$ Million
(1-yr.) 12.3
(3-yr.) 158.5
2005 Sales
$ Billion

162.4

Sales Growth
$ Million
(1-yr.) 37
(3-yr.) 45.9
Long-Term Growth Est. %

6.0

Net income
$ Million

13,640.0

Net Income Growth
$ Million
(1-yr.) 68
(3-yr.) 158.2
Net Margin %*

8.4

Return on Inv. Capital (%)*

21.1

Share Price
12-Mo. Hi/Lo

71/48

P/E Ratio

6

Industry Energy
CORPORATE WEB SITE
More in S&P 500 Companies Scoreboard >
*Trailing 12 months
Company data as of 2/28/06 provided by Standard & Poor's Compustat

James J. Mulva

James J. Mulva, 58

CEO since 2002




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