Welcome to the U.S. motor gasoline outlet state-level detail table of the U.S. Energy Information Administration overview of aspects of the merger of Phillips Petroleum Company and Conoco Inc.  The merger was announced November 19, 2001 and is an all-stock transaction valued at $15.2 billion.  This transaction creates the sixth-largest oil and natural gas company in the world.  For further information please call the National Energy Information Center at (202) 586-8800.

U.S. Motor Gasoline Retail Outlets, Phillips and Conoco

Phillips
Petroleum
Conoco
Inc
ConocoPhillips
Total
ConocoPhillips
Total as a Percent
of U.S. Retail Outlets
U.S.
Retail
Outlets
12,476 5,112 17,588 10.0% 175,132
Note: Retail outlet numbers have been adjusted to reflect transactions through November 19, 2001.   In particular, Phillips' acquisition of Tosco and Tosco's acquisition of ExxonMobil's outlets.   Exxon-branded outlets in Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont and Mobil-branded outlets in Delaware, the District of Columbia, Maryland, New Jersey, Pennsylvania, and Virginia are included in Tosco's total.
Sources: National Petroleum News, Market Facts (mid-July 2001), pp. 40-46, and 120; Tosco Corporation, 2000 U.S. Securities and Exchange Commission, Form 10-K, p. 5 (pdf file, if you lack Adobe Acrobat Reader and are unable to read pdf format files, please follow the Adobe link below to download the free software); and "FTC Finally Clears Exxon-Mobil Merger," Oil and Gas Journal, Volume 97, Number 49 (December 6, 1999).

Company-level motor gasoline retail outlet data by state are available in the State-level Detail Table. The information is taken from the National Petroleum News (NPN).   The company totals represent year-end 2000 values.   However, the state totals are collected in the first quarter of each year.   Thus, year 2000 state totals are used as proxies for year-end 2000 state totals.

Although the Energy Information Administration does collect company-level retail outlet information, it is proprietary data and can only be disclosed in aggregates sufficiently large to prevent disclosure of the company-level information.   Consequently, information collected by the National Petroleum News and published in its annual Market Facts is used for this table and the State-level Detail Table

 

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Last Updated on 11/20/2001
By Financial Analysis Team
Email: neal.davis@eia.doe.gov