ConocoPhillips

COP
Passed

Company Overview

ConocoPhillips engages in the exploration, production, transportation and marketing of crude oil, bitumen, natural gas, natural gas liquids, and liquefied natural gas on a worldwide basis. It operates through the following geographical segments: Alaska, Lower 48, Canada, Europe, Middle East and North Africa, Asia Pacific, and Other International. The Alaska segment primarily explores for, produces, transports, and markets crude oil, natural gas, and natural gas liquids. The Lower 48 segment consists of operations in the U.S. and the Gulf of Mexico. The Canada segment consists of oil sands development in the Athabasca Region of northeastern Alberta and a liquids-rich unconventional play in western Canada. The Europe, Middle East and North Africa segment consists of operations and exploration activities in Norway, the United Kingdom and Libya. The Asia Pacific segment has explorations and product operations in China, Indonesia, Malaysia, and Australia. The Other International segment handles exploration activities in Columbia and Argentina. The company was founded in 1875 and is headquartered in Houston, TX.

Country
US
Market Cap
$149.73B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.25% passed
5% Threshold
0.2%
Liabilities Compliance
12.64% passed
33% Threshold
12.6%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name ConocoPhillips
Ticker COP
Main Business Oil & Gas E&P
Type Common Stock
Industry Oil & Gas E&P
Country US
Market Cap $149.73 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Single Segment $78,490.0 $0.0 -
Interest income $195.0 $195.0 -
Total $78,685.0 $195.0 0.25% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $1,070,000,000.0 0.71%
long term debt and capital lease obligation $17,860,000,000.0 11.93%
Total Interest-Bearing Debt $18,930,000,000.0 12.64%
Market Capitalization $149,730,300,000.0 100.00%
Compliance Status Threshold: 33% passed