What's Next For Conocophilips Stock?

POLAND - 2024/11/21: In this photo illustration, the ConocoPhillips company logo is seen displayed ... [+] on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesA pure-play oil and natural gas producer, ConocoPhillips (NYSE: COP) stock is down 12% since the beginning of this year, compared to a 27% return of the S&P 500 over the same period. In comparison, COP’s peer Exxon Mobil stock (NYSE: XOM) is up 14% this year. Anothe ...