Conocophillips operates within the Petroleum refining sector. In addition to historical fundamental analyses, the complete report available to purchase compares Conocophillips with three other companies in this sector in UNITED STATES : Pbf Energy Inc (2019 sales of $24.51 billion of which 100% was Refining), San Miguel Corporation ($19.79 billion of which 50% was Fuel and Oil), and HollyFrontier Corporation ($17.49 billion of which 89% was Refining).

Sales Analysis. During the year ended December of 2019, sales at Conocophillips were $32.43 billion. This is a decrease of 11.3% versus 2018, when the company's sales were $36.54 billion. Contributing to the drop in overall sales was the 23.1% decline in Europe and North Africa, from $6.64 billion to $5.10 billion. There were also decreases in sales in Asia Pacific and Middle East (down 6.9% to $4.53 billion) and Canada (down 12.6% to $1.77 billion) . However, these declines were partially offset by the increase in sales of Corporate and Other (up 31.5% to $221.00 million) .