Conoco Phillips Swot Analysis

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Overview
Conoco Phillips has placed themselves among the top of the list when it comes to major oil producers in the USA. They are one of the largest independent exploration and production companies based on reserves and production of oil and natural gas. They are involved in several different points of exploration which includes the ability to globally explore, produce, and develop crude oil. Conoco has an unsurpassed commitment to safety in the Oil & Gas industry in which they hold operating excellence and environmental stewardship as some of their highest priorities.
History
In 1875 Conoco began as the Continental Oil and Transportation Co., they were one of the earliest known petroleum companies in the West. Isaac E. Blake was the founder of Conoco, his reasoning behind the project was that he was looking for a way to sell large volumes of kerosene in San Francisco so he directed the construction of the first pipeline in California. In 1909 the first filling station was built in the west along with an investment of a fleet of delivery trucks, each truck had three different tanks which enabled them to deliver different types of fuel. During the next 20 years, there would be more than 1,000 service stations built in 15 states. This was the beginning of the worldwide …show more content…

They have made their mark among all other independent exploration and production companies, while holding themselves accountable to their own values. ConocoPhillips relies on a set of values known as their SPIRIT Values. The SPIRIT values are said to stand for Safety, People, Integrity, Responsibility, Innovation and Teamwork which is also said to be the definition of the company itself. ConocoPhillips has used these values to build the companies sustainability activities across the world. Safety continues to be the top priority for ConocoPhillips due to their inherent goal of wanting to have zero OSHA recordable

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