ConocoPhillips

Stock Symbol: COP

ConocoPhillips Description:
ConocoPhillips is an integrated petroleum company with interests around the world. Headquartered in Houston, the company had approximately 58,000 employees and $77 billion of assets as of Sept. 30, 2002. For more information, including biographical information, go to www.conocophillips.com.

ConocoPhillips Financial Summary:
ConocoPhillips is an integrated global energy company with five operating segments: exploration and production, midstream, refining and marketing, chemicals and emerging businesses. For the six months ended 6/30/05, revenues rose 31% to $81.53B. Net income from cont. ops. rose 67% to $6.05B. Revenues reflect higher realized crude oil prices and equity earnings from DEFS and LUKOIL. Net income also reflects improved operating margins.

ConocoPhillips Business Summary:
ConocoPhillips is an integrated energy company. The Company's business is organized into six operating segments. The Exploration and Production segment primarily explores for, produces and markets crude oil, natural gas, and natural gas liquids on a worldwide basis. The Midstream segment gathers and processes natural gas produced by ConocoPhillips and others, and fractionates and markets natural gas liquids. The Refining and Marketing segment purchases, refines, markets and transports crude oil and petroleum products. The LUKOIL Investment segment consists of the Company's equity investment in LUKOIL, an international, integrated oil and gas company. The Chemicals segment manufactures and markets petrochemicals and plastics on a worldwide basis. The Emerging Businesses segment encompasses the development of new businesses, including new technologies related to natural gas conversion into clean fuels and related products, technology solutions, power generation and emerging technologies.