ConocoPhillips analysis: a great defensive option with a big question mark

ConocoPhillips is a popular safe haven. A quality dividend company, but also plagued by a skeleton in the closet that could catch many an investor off guard.

Basic data

ConocoPhillips' core business is the production of oil and natural gas. The company owns and operates more than 10,000 wells and has operations in several areas, including shale oil and deepwater natural gas production. ConocoPhillips also owns and operates oil and natural gas distribution and transmission networks.

ConocoPhillips also seeks to diversify into other areas such as renewable energy and low-emission technologies. The company is also working to reduce its environmental impact and implement sustainability measures.

Risks associated with ConocoPhillips include fluctuations in oil and natural gas prices, which could negatively impact the company's performance and market value. Other risks include competition in the energy industry and government regulation, which may lead to…