ConocoPhillips STOCK ANALYSIS: Upstream OIL Company
- Ishfaaq Peerally
- May 25, 2019
- 1 min read
ConocoPhillips is the only pure-play company among the big oil.
Since ConocoPhillips is involved only in upstream it has a higher profit margin compared to its peers. However, the risk is also higher since revenues are greatly dependent on oil prices.
Most of the operations of the company are in Alaska and the Lower 48