The Superindependent — How ConocoPhillips Became the World's Largest Independent E&P

ConocoPhillips is the largest pure-play upstream oil and gas company in the world — producing more crude than integrated major BP — but it isn't classified as a "supermajor" because it has no refining, retail, or chemicals business. Under Ryan Lance, the company has carved out a unique competitive position called the "superindependent": the scale and balance sheet of a major combined with the focus and agility of an independent. This module explains why that distinction matters for any candidate interviewing at ConocoPhillips.