ConocoPhillips (COP) Surpasses Market Returns: Some Facts Worth Knowing

Group 1: Stock Performance - ConocoPhillips (COP) ended the latest trading session at $102.55, reflecting a +0.35% adjustment from the previous day's close, outperforming the S&P 500's daily gain of 0.16% [1] - The stock gained 3.41% over the previous month, surpassing the Oils-Energy sector's gain of 1.79% and the S&P 500's loss of 3.59% [1] Group 2: Earnings Expectations - The upcoming earnings release is anticipated to report an EPS of$ 2.04, marking a 0.49% rise compared to the same quarter of the previous year, with a consensus estimate for quarterly revenue of $16.34 billion, up 12.89% from the year-ago period [2] - For the entire fiscal year, Zacks Consensus Estimates predict earnings of$ 8.12 per share and revenue of $64.6 billion, indicating changes of +4.24% and +13.43%, respectively, from the previous year [3] Group 3: Analyst Projections and Rankings - Recent shifts in analyst projections for ConocoPhillips should be monitored, as they reflect evolving short-term business trends, with positive changes indicating a favorable outlook on the company's business health and profitability [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks ConocoPhillips at 3 (Hold), with the Zacks Consensus EPS estimate having moved 0.47% lower within the past month [6] Group 4: Valuation Metrics - ConocoPhillips has a Forward P/E ratio of 12.58, which is a discount compared to the average Forward P/E of 15.37 for its industry [7] - The company holds a PEG ratio of 0.8, compared to the average PEG ratio of 1.49 for the Oil and Gas - Integrated - United States industry [8] Group 5: Industry Context - The Oil and Gas - Integrated - United States industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 140, placing it in the bottom 45% of all 250+ industries [9]