ConocoPhillips: Lackluster Oil And Gas Action, Low-Teens P/E Warranted

Core Insights - WTI crude oil prices have remained stable over the past year, currently 18% lower than the same time last year, indicating a consolidation pattern in the price chart [1] Group 1: Price Trends - The price of a barrel of WTI crude oil is 18% cheaper compared to the previous year [1] Group 2: Market Analysis - Analysts have noted a consolidation pattern in the price chart of WTI crude oil, suggesting a period of stability in the market [1]