COP trades at less than half the industry average EV/EBITDA, but uncertain output and oil prices cloud the upside.
ConocoPhillips offers attractive value and income, trading 21% below last year and yielding 3.6% with a forward PE of 14.5. Robust production, low-cost inventory, and disciplined capital returns enable COP to deliver results even in volatile oil price environments. The Marathon Oil acquisition and ongoing cost reductions are set to drive strong cash flow and earnings growth over the next few years.
ConocoPhillips plans its boldest Arctic oil campaign in years with new wells and seismic surveys near its Willow project.
In the latest trading session, ConocoPhillips (COP) closed at $94.17, marking a -1.51% move from the previous day.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
TipRanks' analyst ranking service highlights three dividend-paying stocks, including ConocoPhillips and U.S. Bancorp, that are favored by Wall Street's top pros.
COP's ultra-low-cost oil assets give it a major edge, even if crude drops to $40, its profits remain intact.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
ConocoPhillips (COP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In the latest trading session, ConocoPhillips (COP) closed at $94.44, marking a +2.66% move from the previous day.
COP's ultra-low-cost oil production helps it stay profitable despite price swings, setting it apart from peers.
ConocoPhillips is undervalued at current levels, offering an attractive entry point for growth and income investors with strong cash generation through cycles. COP's low cost of supply, decades of inventory, and upcoming LNG/Alaska catalysts position it well for future free cash flow and shareholder returns. Recent market sell-off and oil price volatility have created a buying opportunity; COP's financial strength and buybacks further support upside potential.