Conoco Inc., founded in 1875 and headquartered in Houston, Texas, is a prominent independent oil and gas exploration and production company. It focuses on the production of hydrocarbons, including crude oil, natural gas, and natural gas liquids, with a commitment to sustainable practices and technological advancements.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COP 2.40% 2025-03-07 USDConoco Inc. | United States | 2025-03-07 | 2.400 | 0.00 |
| COP 6.95% 2029-04-15 USDConoco Inc. | United States | 2029-04-15 | 6.950 | 3.86 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Conoco Inc. began issuing bonds in the early 1980s, enhancing its capital structure to support its growing operations. A significant issuance occurred in 2012, when the company raised $1 billion in 10-year notes to finance a major acquisition, demonstrating its robust market presence. Currently, Conoco's bonds yield around 4.2%, which is competitive compared to the industry average, reflecting investor confidence. Notably, the company's bonds come with call options, allowing flexibility in management of its debt portfolio, and recent investor sentiment has been positively influenced by the company’s strategic focus on renewable energy investments.