ConocoPhillips (COP) Ascends But Remains Behind Market: Some Facts to Note

Group 1: Company Performance - ConocoPhillips (COP) stock closed at $105.48, reflecting a +0.57% change from the previous trading day, trailing the S&P 500's gain of 1.83% [1] - The stock has increased by 6.74% over the past month, outperforming the Oils-Energy sector's loss of 7.35% and the S&P 500's loss of 3.31% [1] Group 2: Upcoming Earnings - ConocoPhillips is set to release its earnings report on February 6, 2025, with an expected EPS of$ 1.91, indicating a 20.42% decline from the same quarter last year [2] - The consensus estimate for revenue is $14.65 billion, down 4.27% from the prior-year quarter [2] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for ConocoPhillips suggest a shifting business landscape, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks ConocoPhillips at 3 (Hold), with a Zacks Consensus EPS estimate moving 6.08% lower over the past month [5] Group 4: Valuation Metrics - ConocoPhillips has a Forward P/E ratio of 13.54, which is below the industry average of 15.97 [5] - The company boasts a PEG ratio of 0.86, significantly lower than the average PEG ratio of 5.18 for the Oil and Gas - Integrated - United States industry [6] Group 5: Industry Context - The Oil and Gas - Integrated - United States industry holds a Zacks Industry Rank of 144, placing it in the bottom 43% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]