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

Company Performance - ConocoPhillips (COP) closed at $103.50, reflecting a +0.58% change from the previous day, outperforming the S&P 500's gain of 0.54% [1] - The stock has decreased by 7.49% over the past month, underperforming the Oils-Energy sector's loss of 3.91% and the S&P 500's gain of 4.86% [1] - The upcoming earnings report is expected to show an EPS of $2.08, a decrease of 3.7% year-over-year, with revenue forecasted at $15.23 billion, indicating a 2.47% growth compared to the same quarter last year [1] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $8.41 per share and revenue at $59.75 billion, reflecting changes of -4.1% and +2.01% respectively from the previous year [2] - Recent changes in analyst estimates suggest a positive outlook for the company's business operations and profit generation capabilities [2] Zacks Rank and Valuation - The Zacks Rank system rates ConocoPhillips at 3 (Hold), with a historical average annual return of +25% for 1 rated stocks since 1988 [3] - The current Forward P/E ratio for ConocoPhillips is 12.23, which is lower than the industry's average Forward P/E of 16.06 [3] - The company has a PEG ratio of 0.78, significantly below the industry average PEG ratio of 2.05 [3] Industry Overview - The Oil and Gas - Integrated - United States industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 151, placing it in the bottom 41% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]