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ConocoPhillips (COP) Laps the Stock Market: Here's Why

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In the latest trading session, ConocoPhillips (COP - Free Report) closed at $94.44, marking a +2.66% move from the previous day. This move outpaced the S&P 500's daily gain of 0.48%. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.94%.

The energy company's stock has climbed by 4.64% in the past month, falling short of the Oils-Energy sector's gain of 4.97% and the S&P 500's gain of 5.13%.

Market participants will be closely following the financial results of ConocoPhillips in its upcoming release. The company plans to announce its earnings on August 7, 2025. In that report, analysts expect ConocoPhillips to post earnings of $1.41 per share. This would mark a year-over-year decline of 28.79%. Alongside, our most recent consensus estimate is anticipating revenue of $14.93 billion, indicating a 5.63% upward movement from the same quarter last year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.21 per share and revenue of $62.36 billion. These totals would mark changes of -20.28% and +9.5%, respectively, from last year.

Investors should also pay attention to any latest changes in analyst estimates for ConocoPhillips. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 0.02% lower. Currently, ConocoPhillips is carrying a Zacks Rank of #3 (Hold).

With respect to valuation, ConocoPhillips is currently being traded at a Forward P/E ratio of 14.81. This denotes a discount relative to the industry average Forward P/E of 16.23.

We can also see that COP currently has a PEG ratio of 2.49. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Oil and Gas - Integrated - United States industry was having an average PEG ratio of 1.67.

The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 208, finds itself in the bottom 16% echelons of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.


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