At 125 it’s still growing

At 125 years old, Conoco is ageing well – in fact, it’s looking better than ever. A fully-integrated oil company, based in Houston, its operations extend across five continents. A venerable mainstay of the US oil industry, it has regained its independence after 18 years as a subsidiary of DuPont. In the meantime, it has reinvented itself, achieving a dramatic improvement in performance that won it the 1998 top rating for exploration and production from Schroders, which had put it in 15th place – the bottom of the list – in 1992.