Headquartered in Menlo Park California, United States
Internet and Software
Founded in 2004, Facebook’s mission is to give people the power to build community and bring the world closer together. People use Facebook to stay connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them.
Facebook is defined by our unique culture – one that rewards impact. We encourage people to be bold and solve the problems they care most about. We work in small teams and move fast to develop new products, constantly iterating. The phrase “this journey is 1% finished,” reminds us that we’ve only begun to fulfill our mission of bringing the world closer together.
We are a diversified family of apps/services (Facebook, Oculus, Instagram and WhatsApp). –more »
We're the low fare, high-flying airline whose People set us apart.
Looking for a career? Look no further: https://www.southwest.com/html/about-southwest/careers/index.html Want to book travel for your business? https://www.southwest.com/html/air/business-groups/ Just wanna get away? https://www.southwest.com/
Southwest Airlines is all about moving People--by helping them travel from one place to another, and by genuinely caring for Employees and Customers. Our Employees make us who we are, and the Heart at the center of our bold look helps us communicate our passions--providing outstanding Customer Service, offering affordable travel options, and following the Golden Rule.
Based on the U.S. Department of Transportation’s most recent data, we’re the nation’s largest carrier in terms of originating domestic Passengers boarded. We operate an all-Boeing fleet (the largest in the world!), the majority of which are equipped with satellite-based WiFi providing gate-to-gate connectivity while over the United States. That connectivity enables Customers to use their personal devices to enjoy on-demand movies and television shows, as well as nearly 20 channels of free, live TV compliments of our valued Partners!
Bags Fly Free on Southwest, and we’re the only major U.S. airline to offer that to everyone (first and second checked pieces of luggage, size and weight limits apply), and there are no change fees, either, though fare differences might apply.
We don’t like fees, and we love connecting People to what's important in their lives! That’s what Southwest Heart is all about!more »
Salesforce, the Customer Success Platform, and world's #1 CRM, empowers companies to connect with their customers in a whole new way. We founded the company on three disruptive ideas—a new technology model in cloud computing, a new subscription business model, and a new integrated corporate philanthropy model—the 1-1-1 model. These founding principles have taken our company to great heights, including being named one of Forbes World’s Most Innovative Company six years in a row and one of Fortune 100 Best Companies to Work For eight years in a row. We are the fastest growing of the top 10 enterprise software companies. The Salesforce Ohana (Hawaiian for "family") is made up of our employees, customers, partners, and communities, and together we are working to improve the state of the world.more »
The impressive legacy of Delta Air Lines, a longstanding leader in air travel, traces back to 1924, when Huff Daland Dusters was founded as the world's first aerial crop dusting organization. In 1928, the company was purchased and renamed Delta Air Service for the Mississippi Delta region it served. On June 17, 1929, Delta inaugurated airline service with the first passenger flights over a route stretching from Dallas, Texas to Jackson, Mississippi, via Shreveport and Monroe, Louisiana. In 1941, the company moved its headquarters from Monroe to Atlanta, Georgia.
At Delta, we value diversity of cultures, backgrounds and ideas — and we are a strong partner in the communities we serve.
When you join Delta, you'll not only be a vital part of our success — you'll be seizing the opportunity to take your career to new heights. So if you're ready to change your destination, fasten your seatbelt and prepare for take–off.more »
Costco Wholesale Corporation operates an international chain of membership warehouses, under the "Costco Wholesale" name, that carry quality, brand name merchandise at substantially lower prices than are typically found at conventional wholesale or retail sources. The warehouses are designed to help small-to-medium-sized businesses reduce costs in purchasing for resale and for everyday business use. Individuals may also purchase for their personal needs.
Costco's warehouses present one of the largest and most exclusive product category selections to be found under a single roof. Categories include groceries, confectionary, appliances, television and media, automotive supplies, tyres, toys, hardware, sporting goods, jewellery, watches, cameras, books, housewares, apparel, health and beauty aids, tobacco, furniture, office supplies and office equipment. Costco is known for carrying top quality national and regional brands, at prices consistently below traditional wholesale or retail outlets. Members can also shop for private label Kirkland Signature products, designed to be of equal or better quality than national brands, including juice, cookies, coffee, tyres, housewares, luggage, appliances, clothing and detergent.
According to Jim Sinegal, the Company's President and Chief Executive Officer, "Costco is able to offer lower prices and better values by eliminating virtually all the frills and costs historically associated with conventional wholesalers and retailers, including salespeople, fancy buildings, delivery, billing and accounts receivable. We run a tight operation with extremely low overhead which enables us to pass on dramatic savings to our members."
Costco offers two types of membership: Business and Gold Star. Business members qualify by owning or operating a business while Gold Star membership is available to individuals. All members get a free additional card. Costco warehouses are open seven days per week for all members.
Costco opened the first Australian location at Docklands in August 2009 and is opening locations in Auburn, NSW and Canberra, ACT in July, 2011.more »
Headquartered in 3900 Wisconsin Avenue, NW
Washington, DC 20016-2892
Banks and Financial Services
5,001 to 10,000 employees
At Fannie Mae, we’re a do-it-together team. Join us in our commitment to be America’s most valued housing partner. We offer comprehensive, competitive benefits and compensation packages. We support strong volunteer and charitable giving programs. And our team is diverse and driven.
We’re leading the way to provide safe, affordable, and reliable credit, so people across the United States have opportunities to buy, reﬁnance, or rent homes.
We’re at the heart of housing in America. See what opportunities await you at Fannie Mae:
Caring for the world, one person at a time... inspires and unites the people of Johnson & Johnson. We embrace research and science - bringing innovative ideas, products and services to advance the health and well-being of people. Employees of the Johnson & Johnson Family of Companies work with partners in health care to touch the lives of over a billion people every day, throughout the world.
Our Family of Companies comprises:
The world’s sixth-largest consumer health company The world’s largest and most diverse medical devices and diagnostics company The world’s fifth-largest biologics company And the world’s eighth-largest pharmaceuticals company
We have more than 250 operating companies in 60 countries employing approximately 129,000 people. Our worldwide headquarters is in New Brunswick, New Jersey, USA.more »
JetBlue is a low-cost airline, offering one-class service, with satellite TV from DIRECTV, XM radio, and leather seats, whether you sit in the front or the back. The airline services 35 million customers with 900 daily flights across the U.S. and in Mexico, Colombia, Costa Rica, and the Caribbean. The company was ranked on the Forbes 2016 list of America's Best Employers, and the Human Rights Campaign listed JetBlue as one of the Best Places to Work for LGBT Equality for two years in a row.
Employees and their families get to fly free on JetBlue in the U.S., and pay only taxes on international flights. There are also discounts on hotels, car rentals, ships, and flights from other airlines. JetBlue offers opportunities to work from home, as well, depending on the position. People who work at the company find that there is a "great work environment," where "people are cool and fun, including supervisors." Some find that the "pay could be better, and crew members "can get overlooked at times," but others say there is "great opportunity to grow" with JetBlue, and the company really cares "about the employees and their customers."more »
Headquartered in 345 Park Ave.
New York NY, United States 10154
Bristol-Myers Squibb (BMS) may be a giant in transition, but its still a pharmaceutical giant. The company's blockbuster cardiovascular lineup includes heart disease drug Plavix and Avapro for hypertension. BMS also makes antipsychotic medication Abilify and HIV treatments Reyataz and Sustiva. Most of its sales come from products in the therapeutic areas of cardiovascular care, immunoscience, metabolics, neuroscience, oncology, and virology. BMS has global R&D facilities and manufacturing plants, mainly in the US and Europe, and its products are marketed to health care practitioners, hospitals, and managed care providers in 100 countries.
BMS' major R&D facilities are in New Jersey and Connecticut, with other sites in the US, the UK, Belgium, India, and other countries. It has about a dozen manufacturing facilities, which are located in the US and Puerto Rico, France, Italy, Ireland, Japan, Mexico, and China.
Sales and Marketing
BMS sells its products globally, although US wholesale drug distributors McKesson, Cardinal Health, and AmerisourceBergen account for about 60% of sales. In addition to wholesalers, the company also sells some products directly to customers including retailers, hospitals, clinics, and pharmacies. BMS employs a direct sales force in certain markets; it also uses independent marketing representatives.
The biggest story for BMS is the looming loss of US patent protection on its best selling drugs Plavix (33% of sales in 2011) and Avapro (5% of sales) in the first half of 2012. Because it doesn't have any surefire blockbuster drugs waiting in the wings to offset the losses, the company is pinning its future on harder-to-copy biopharmaceuticals. In addition, beginning in 2007 BMS launched a multi-year restructuring effort. It divested all of its non-pharmaceutical operations, shuttered or sold more than half of its manufacturing and packing facilities, and trimmed its workforce by at least 10%.
Sales dropped in 2009 after a series of asset divestitures, but in 2010 and 2011 the company increased revenues by 4% (to $19.5 billion) and 9% ($21.2 billion), respectively. As a result of its restructuring efforts, BMS also reported improved profits in 2011, with net income rising 20% to $3.7 billion (after a sharp drop in profits during 2010).
To remake itself into a biopharmaceutical powerhouse, the company must first add more biopharmaceutical drugs and drug candidates to its pipeline. And, to give its plan more luster, BMS named it the string-of-pearls strategy. Since 2007 the company has completed almost a dozen licensing deals and major acquisitions in areas including hepatitis C, diabetes, and inflammatory disease.
Collaborations are also an important part of BMS' development and marketing strategy. The company not only works with other research organizations throughout the world, it also engages collaboratively with physicians, hospitals, and medical schools. Its R&D efforts are focused on areas of significant unmet medical need, including psychiatric, neurological, cardiovascular, metabolism, oncology, bacterial and viral infections, and inflammatory or immune system disorders. French drugmaker Sanofi manufactures and distributes several BMS products, including Plavix and Avapro. Japanese drug firm Otsuka Pharmaceutical co-promotes Abilify and certain oncology products. BMS also works to expand its offerings and fight off patent expiration losses by finding new uses of already approved drugs. For instance, BMS and Otsuka gained approval for Abilify as a treatment for bipolar disorder in 2011.
Recently approved drugs in the company's cabinet include Orencia (rheumatoid arthritis), Ixempra (cancer), and Emsam, (major depressive disorder). In 2011 the FDA approved its kidney transplant drug belatacept, marketed as Nulojix, and BMS launched Yervoy in the US and EU for treating adults with inoperable or metastatic melanoma as well as Onglyza/Kombiglyze for type 2 diabetes (developed with AstraZeneca). Late stage drugs in the BMS development pipeline include Eliquis for prevention of stroke, Dapagliflozin for treating diabetes, and oncology drug Brivanib, plus potential added indications for its key marketed products.
Mergers and Acquisitions
In 2012 BMS made a huge splash when it acquired Amylin Pharmaceuticals in a $7 billion deal ($5.3 billion in cash, plus $1.7 billion in debt and contractual obligations to Amylin's former partner Eli Lilly). The purchase added new diabetes drugs to BMS' offerings, including Byetta, Symlin, and Bydureon. As a follow-on to the deal, BMS and AstraZeneca extended their existing diabetes collaboration partnership to develop additional drugs based on Amylin's technologies; AstraZeneca paid Amylin some $3.2 billion to gain access to those R&D programs immediately after the BMS acquisition transaction closed.
Earlier in 2012 BMS completed another big dealpurchased drug developer Inhibitex for a whopping $2.5 billion. The purchase added Inhibitex's lead hepatitis C asset, INX-189 to its growing portfolio of HCV programs. Inhibitex's INX-189 is an oral nucleotide polymerase (NS5B) inhibitor that is in Phase II development.
Earlier purchases include the 2011 acquisition of small-molecule pharmaceutical company Amira Pharmaceuticals in a deal worth up to $475 million including milestone payments. Through the deal, BMS gained Amira's two key research programs in inflammatory and tissue-scarring diseases. Amira's lead candidate, AM152, is in early clinical testing for pulmonary fibrosis, a fatal lung disease. In addition, BMS purchased development partner ZymoGenetics for some $885 million in 2010 to gain full access to their collaborative hepatitis C development program. more »
Headquartered in Cupertino, California, United States
Computers and Electronics
This is where you can do the best work of your life. Where you’ll join some of the world’s smartest, most innovative people to create amazing products and experiences. Where your work can make a difference in people’s lives. Including your own.
Microsoft Corporation (NASDAQ: MSFT) is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions. Established on April 4, 1975 to develop and sell BASIC interpreters for the Altair 8800, Microsoft rose to dominate the home computer operating system market with MS-DOS in the mid-1980s, followed by the Microsoft Windows line of operating systems. Microsoft would also come to dominate the office suite market with Microsoft Office. The company has diversified in recent years into the video game industry with the Xbox and its successor, the Xbox 360 as well as into the consumer electronics and digital services market with Zune, MSN and the Windows Phone OS. The ensuing rise of stock in the company's 1986 initial public offering (IPO) made an estimated four billionaires and 12,000 millionaires from Microsoft employees. In May 2011, Microsoft Corporation acquired Skype Communications for $8.5 billion dollars. –more »
Headquartered in Indianapolis Indiana, United States
At Lilly, we unite caring with discovery to make life better for people around the world. We are a global healthcare leader headquartered in Indianapolis, Indiana. Our employees around the world work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to our communities through philanthropy and volunteerism. We give our best effort to our work, and we put people first. We’re looking for people who are determined to make life better for people around the world.more »
Headquartered in 9348 Civic Center Dr.
Beverly Hills CA, United States 90210
Media, News and Publishing
5,001 to 10,000 employees
Live Nation Entertainment holds center stage as the world's largest ticket seller and promoter of live entertainment. In 2010 the company significantly expanded its ticketing services with the purchase of Ticketmaster Entertainment. The deal, worth some $889 million, created a powerful live-music conglomerate. The firm also owns or operates more than 130 venues in North America and Europe. Annually, about 50 million people attend some 20,000 Live Nation events. Live Nation also owns House of Blues venues through HOB Entertainment and dozens of prestigious concert halls. In addition, Live Nation owns a stake in about 250 artists' music, including albums, tours, and merchandise.
The combination of Live Nation and Ticketmaster established a giant in the music industry that controls concert promotion, ticketing services, and artist management, all under one roof. Live Nation promotes shows or tours for approximately 2,000 artists globally.
Before the Ticketmaster acquisition, Live Nation had sold many of its tickets through Ticketmaster; however, Live Nation parted ways with the ticketing giant at the end of 2008 when it formed its own ticketing division. While Live Nation had mixed results with the division, the company managed to secure a five-year deal, which started in late 2009, to sell tickets for SMG Management, one of the largest venue operators in the US.
Live Nation has been investing its dance music promotion activities as of late. In 2012 the company acquired Hard Events, a Los Angeles firm that puts on electronic dance music and festivals and concerts across North America. Also in 2012 Live Nation bought Cream Holdings, a major British dance promoter. After that deal closed, the company appointed Cream founder as president of Live Nation's electronic music division.
Live Nation has also been busy forming joint ventures to expand its operations. In 2011 it launched a joint venture with online discount giant Groupon. Through the partnership, Groupon Live offers group discounts and special promotions to help sell tickets to concerts, sporting events, and other attractions. Also that year its business unit Front Line Management, an artist managment company, fomed a joint venture with Universal Music Group. The JV's goal is to provide artists and their brands a variety of sponsorships, campaigns, and extensions through ticketing and bundling opportunities.
After the Ticketmaster acquisition closed in 2010, media conglomerate Liberty Media upped its stake in Live Nation to 18% and expressed a desire to eventually increase its share to about 35%. more »
Headquartered in 10 S. Dearborn
Chicago, IL 60603
Energy and Utilities
Exelon is the nation's leading competitive energy provider, with approximately $34.5 billion in annual revenues. The Exelon family of companies participates in every stage of the energy business, from generation to competitive energy sales to transmission to delivery.
Headquartered in Chicago, Exelon has operations and business activities in 48 states, the District of Columbia and Canada. The company is one of the largest competitive U.S. power generators, with approximately 32,700 megawatts of owned capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. Its Constellation business unit provides energy products and services to more than 2 million residential, public sector and business customers. Exelon’s 6 utilities deliver electricity and natural gas to approximately 10 million customers in Delaware, the District of Columbia, IL, MD, NJ and PA through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries.
At Exelon we believe a career should empower your future personally and professionally. Aligned with our core values we have established compensation and benefit plans that support our diverse workforce. Exelon is a proud partner of the White House Equal Pay Pledge, continuing our commitment to identify and promote best pay practices ensuring fundamental fairness for all workers and to drive growth across all of our diverse businesses. Exelon also provides an industry-leading benefits package of paid maternity, bonding and primary caregiver leave benefits to support our employees in balancing work and family responsibilities.more »
Headquartered in San Jose California, United States
Internet and Software
Founded in 1995 in San Jose, Calif., eBay (NASDAQ:EBAY) is where the world goes to shop, sell and give. Whether you’re buying new or used, common or luxurious, trendy or rare – if it exists in the world, it’s probably for sale on eBay. Our great value and unique selection helps every person find their version of perfect, no matter what it is.
We equip sellers with the tools, solutions and support they need to grow their businesses and thrive. We measure our success by our customers' success.
Our vision for commerce is one that is enabled by people, powered by technology and open to everyone. Through our investments in small businesses and commitment to innovation, we’re connecting millions of buyers and sellers around the globe, creating economic opportunity for all.
We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay Classifieds sites (e.g. Kijiji, Marktplaats, Gumtree), which together have a presence in more than 1,000 cities around the world.more »
Headquartered in 767 Fifth Avenue
New York, NY, 10153
Consumer Goods and Services
The Estée Lauder Companies Inc. is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. As the global leader in prestige beauty, we touch over half a billion consumers a year.
Our Company's products are sold in over 150 countries and territories under the following brand names: AERIN, Aramis, Aveda, BECCA, Bobbi Brown, Bumble and bumble, By Kilian, Clinique, Darphin, Donna Karan New York, DKNY, Editions de Parfums Frédéric Malle, Ermenegildo Zegna, Estée Lauder, GLAMGLOW, Jo Malone London, Kiton, La Mer, Lab Series, Le Labo, M•A•C, Michael Kors, Origins, Prescriptives, RODIN olio lusso, Smashbox, Tom Ford, Tommy Hilfiger, Too Faced and Tory Burch. To explore our current job openings, go to www.elcompanies.com.more »
Viacom Inc. (Viacom) is an entertainment content company. The Company engages audiences on television, motion picture, Internet, mobile and video game platforms, through the entertainment brands. Viacom operates in two segments: Media Networks and Filmed Entertainment. Its Media Networks segment provides entertainment content for consumers. It creates and acquires programming, video games and other content for distribution to its audiences. The Filmed Entertainment segment produces, finances and distributes motion pictures and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, MTV Films and Nickelodeon Movies brands. The Filmed Entertainment segment also releases certain pictures under the DreamWorks brand. In October 2009, the Company acquired the global rights to the Teenage Mutant Ninja Turtles. In February 2010, Viacom acquired the remaining 51% interest in DW Funding, which owns the DreamWorks live-action film library. –more »
NIKE, Inc. named for the Greek goddess of victory, is the world's leading designer, marketer, and distributor of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities. Operating segments for the NIKE Brand are; North America, Western Europe, Central & Eastern Europe, Greater China, Japan, and Emerging Markets. The wholly-owned subsidiaries include Converse Inc., which designs, markets, and distributes casual footwear, apparel and accessories and Hurley International LLC, which designs, markets, and distributes action sports and youth lifestyle footwear, apparel and accessories. The company was founded by Bill Bowerman and Phi Knight in 1972 and is headquartered in Beaverton, OR.
For more information, visit our company site: www.nike.com or our career site: www.jobs.nike.commore »
If you think shopping at Publix is a pleasure, try working here! There is a reason we're considered a Great Place to Work Legend and have been named to Fortune's 100 Best Companies to Work for List for 20 consecutive years.
It's very satisfying to work for – and to be an owner in – a company that is passionately devoted to customers, to associates, to the environment, and to the communities we serve. It's equally rewarding to be part of a company widely recognized as a leader in the supermarket industry. We maintain that reputation by hiring people who have their own passion for excellence.
Every Publix Super Market is a multi-million dollar enterprise that offers rewarding career paths and exciting earnings potential. Each of our more than 1,100 stores is staffed with an average of 145 associates, providing extensive employment opportunities.
Nearly 15,000 support associates work behind the scenes to support our stores, in our distribution centers, and our manufacturing plants and at our corporate headquarters in Lakeland, Florida, and in the five states in which we operate.more »
Headquartered in 235 E. 42nd St.
New York NY, United States 10017
Pfizer is a leading research-based biopharmaceutical company. We apply science and our global resources to deliver innovative therapies that extend and significantly improve lives. We make medicines and vaccines that help people when they are sick and prevent them from getting sick in the first place, as well as some of the world’s best-known consumer healthcare brands. Every day, our colleagues work in developed and emerging markets to treat, cure and eradicate life-threatening conditions and challenge some of the most feared diseases of our time. Pfizer also collaborates with healthcare providers, governments and local communities to support and expand access to reliable, affordable healthcare around the world. For more than 150 years, Pfizer has worked to make a difference for all who rely on us. To learn more, visit www.pfizer.com.more »
Our employees, who we call partners, are at the heart of the Starbucks Experience. We believe in treating our partners with respect and dignity. Starbucks is committed to doing business responsibly and conducting ourselves in ways that earn the trust and respect of our customers, partners and neighbors.
Our story began in 1971. Back then we were a roaster and retailer of whole bean and ground coffee, tea and spices with a single store in Seattle’s Pike Place Market. Today, we are privileged to connect with millions of customers every day with exceptional products in nearly 18,000 retail stores in 62 countries. Our brands include Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh and La Boulange.
Starbucks is an equal opportunity employer of all qualified individuals, including minorities, women, veterans and individuals with disabilities.more »
Headquartered in 12555 Manchester Rd.
Des Peres MO, United States 63131
Banks and Financial Services
Where business is personal. Founded in 1922, Edward Jones is a financial services leader with more than 14,000 financial advisors. We are the career destination for driven professionals eager to make a difference, from financial advisors and branch office administrators to the home office teams who support them.
What makes us different. We believe there will always be a place for integrity in investing. It’s why we build long-term relationships with our clients and place individual branch offices in communities where our clients live and work. It’s how we make a difference for our clients. Explore careers at Edward Jones and be a part of that difference.
Our culture has been recognized 18 times on FORTUNE magazine’s ‘Best Companies to Work for’ list. All of our associates enjoy a commitment to work-life balance and the resources they need to build successful careers with us.
Headquartered in San Jose California, United States
Internet and Software
Bring your unique self to Cisco, where you'll join with the best people to help Cisco change the way the world lives, plays, works and learns. Be you, with us! #WeAreCisco
Cisco didn’t just build the Internet . We keep building it. First the Internet of computers. Then the Internet of people. Now the Internet of Everything.
But our edge doesn’t come from technology. It comes from our people.
It begins with the knowledge that tomorrow starts here. With us. And with you. With the amazing things that happen when we connect the unconnected.
We connect everything – people, process, data and things – and we use those connections to change our world for the better. We don’t just dream it, we do it every day at Cisco. And we’re doing it faster than ever before, in ways no one else can.
We innovate everywhere to create fresh ideas and possibilities. Taking bold risks to shape the future because we understand every failure is a success if we learn from it.
We make a meaningful difference for our people, our customers and the world around us. We support each other and work together to create shared success that will benefit everyone.
The future of Cisco. The growth of our customers. The lives of people around the world. They’re all connected. Because the Internet of Everything is here. And everything starts with you.more »
Headquartered in 600 N. Dairy Ashford
Houston TX, United States 77079
Agriculture and Extraction
Proudly combining two venerable oil industry names, ConocoPhillips is the world's largest independent exploration and production company based on reserves and oil production. The company explores for oil and gas in more than 30 countries and has proved reserves of 8.4 billion barrels of oil equivalent. It produced about 1.6 million barrels per day in 2011. In 2012 ConocoPhillips spun off its refining and marketing unit as Phillips 66. Prior to that event the then-integrated company had a refining capacity of more than 2.2 million barrels per day. The company also had 8,300 retail outlets in the US under the 76, Conoco, and Phillips 66 brands, and at 1,700 owned or dealer-owned gas stations in Europe.
The spin off was seen as a way to add more value for investors by creating two public traded companies with separate strategic businesses - ConocoPhillips (upstream activities) and Phillips 66 (midstream and downstream activities).
The Phillips 66 company absorbed the refining and marketing, midstream, and chemicals businesses, freeing up ConocoPhillips as a pure exploration and production play.
Prior to the spin off, ConocoPhillips had a handful of operating segments: Exploration and Production (which conducts business worldwide); Midstream (gathering and processing of natural gas, and fractionating and marketing natural gas liquids in the US, Canada, and Trinidad, primarily through its 50% stake in DCP Midstream Partners); Refining and Marketing of crude oil and petroleum products, mainly in the US, Europe, and Asia; and Chemicals (manufacturing and marketing petrochemicals and plastics worldwide, primarily though its 50% stake in Chevron Phillips Chemical Company LLC). In addition, its Emerging Businesses segment handled the discovery and cultivation of new technologies related to natural gas conversion into clean fuels, technology solutions, power generation, and emerging technologies.
In 2011, buoyed by high oil prices and high refining margins, ConocoPhillips reported a 26% jump in revenues and a nearly 10% rise in net income.
The recovering economy and higher commodity prices helped to lift the company's revenues in 2010. However, in order to generate additional cash, the company has been selling off some of its assets. In 2010 ConocoPhillips sold its 9% stake in Canadian oil sands operator Syncrude to China Petroleum & Chemical Corp. for $4.7 billion. In 2011 it completed the sale of its 20% stake in LUKOIL as part of larger program to dispose of $10 billion of assets in order to pay down debt.
Continuing to raise cash to pay down debt, that year the company agreed to sell its stakes in two non-core US oil pipelines, Colonial and Seaway (the sale of the latter was completed in late 2011) for about $2 billion. It also sold its Vietnam assets for about $1.1 billion in 2012.
In 2013 it agreed to sell more than $1 billion in oilfield assets in Montana and North Dakota to Denbury Resources. The deal both raises cash and allows the company to focus on its core US shale assets.
In 2010, as a result of the BP oil rig disaster in the Gulf of Mexico, the company teamed with Exxon Mobil, Chevron, and Royal Dutch Shell to form a $1 billion rapid-response joint venture with the capabilities to manage and contain future deepwater oil spills.more »
Headquartered in 1680 Capital One Dr.
Mclean VA, United States 22102
Banks and Financial Services
At Capital One, we think and work like a tech company, using our digital fluency to transform everything about the customer experience. We’re bending data to our will, and turning a stodgy industry on its head. That’s reflected in our ranking as the number one business technology innovator in the U.S. in the 2016 InformationWeek Elite 100.
We’re changing banking for good—and helping people live their best lives. As we build one of America’s leading information-based technology companies, we’ll continue to dream, disrupt and deliver a better way for our customers, the financial industry and each other. Relentless innovation is our way of life. Make it yours at Capital One.more »