ConocoPhillips (COP) Increases Yet Falls Behind Market: What Investors Need to Know

Company Performance - ConocoPhillips (COP) closed at $105.39, with a +0.35% change, lagging behind the S&P 500's 0.38% gain [1] - The stock has increased by 13.38% over the past month, outperforming the Oils-Energy sector's gain of 2.26% and the S&P 500's loss of 5.59% [1] Upcoming Earnings - ConocoPhillips is set to release its earnings on May 8, 2025, with projected earnings of$ 2 per share, reflecting a year-over-year decline of 1.48% [2] - The consensus estimate for revenue is $16.23 billion, indicating a 12.1% growth compared to the same quarter last year [2] Full Year Estimates - Analysts expect earnings of$ 7.98 per share and revenue of $64.27 billion for the full year, marking changes of +2.44% and +12.85% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates indicate evolving short-term business trends, with positive revisions reflecting optimism about the company's profitability [4] Zacks Rank and Valuation - ConocoPhillips currently holds a Zacks Rank of 3 (Hold), with a recent 1.51% decrease in the consensus EPS estimate over the last 30 days [6] - The company is trading at a Forward P/E ratio of 13.16, which is below the industry's average Forward P/E of 15.46 [7] - The PEG ratio for COP is 0.84, compared to the average PEG ratio of 1.2 for Oil and Gas - Integrated - United States stocks [8] Industry Context - The Oil and Gas - Integrated - United States industry has a Zacks Industry Rank of 156, placing it in the bottom 38% of over 250 industries [9]