# If ConocoPhillips moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/conocophillips · Facet: ripple · Updated: 2026-09-24T04:08:56.837413+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, ConocoPhillips is directly linked to 4 companies (2 supply, 2 revenue relationships) and reaches 7 companies within two hops; the links are backed by 7 dated sources, 3 of them primary filings (as of 2026-09-24).

ConocoPhillips operates across Global independent E&P. It is up +46.6% in 2026. Its demand and supply links are known, but listed-counterparty return data is limited. It pays for well services and LNG liquefaction and offtake while using acquisitions to add scale in core producing regions.

## Demand chain (leading)
- T1 Sinopec Corp (https://valuechain.wiki/sinopec.md)
- T1 Atmos Energy Corporation (https://valuechain.wiki/atmos-energy.md)

## Supply chain (benefiting)
- T1 Sempra (https://valuechain.wiki/sempra.md)
- T2 KKR & Co. (https://valuechain.wiki/kkr-co.md)
- T3 AppLovin Corporation (https://valuechain.wiki/applovin.md)
- T1 Halliburton Company (https://valuechain.wiki/halliburton.md)
- T2 Caterpillar (https://valuechain.wiki/caterpillar.md)
- T3 Nucor Corporation (https://valuechain.wiki/nucor.md)
- T2 Linde (https://valuechain.wiki/linde.md)
- T3 ExxonMobil (https://valuechain.wiki/exxonmobil.md)

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Full node: https://valuechain.wiki/conocophillips.md · JSON: https://valuechain.wiki/conocophillips.json