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2012 Dividend Catalysts For ConocoPhillips

December 28/2011

(seekingalpha) -- ConocoPhillips (COP) is aggressively restructuring its business model. The company is expected, by mid 2012, to split into two publicly traded entities. The net effect should provide investors with an increased 2012 dividend.

The company is in the midst of separating the Energy and Production (E&P) unit from the Refining and Marketing unit (R&M). 

ConocoPhillips is an international, integrated energy company. As of Dec. 31, 2010, it is the third-largest U.S. integrated energy company, based on market capitalization, as well as proved reserves and production of oil and natural gas, and the largest refiner in the United States. ConocoPhillips is the seventh-largest holder of proved reserves and the fourth-largest refiner worldwide, of nongovernment-controlled companies.

Headquartered in Houston, Texas, ConocoPhillips operates in more than 30 countries.

Author:Marina Ivanova
Tags:naphta, oil.
Category:General News
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