Can ConocoPhillips Sail Through Oil and Natural Gas Price Volatility?

Key Takeaways ConocoPhillips faces oil and gas price volatility but holds a stronger balance sheet than peers.Low-cost operations in Permian, Eagle Ford and Bakken plus Marathon Oil boost COP's resilience.COP shares fell 10% in a year, with EV/EBITDA at 5.33X versus the industry average of 10.98X.ConocoPhillips (COP) is an exploration and production giant. Hence, by the very nature of its operations, and like any other upstream player, its overall business is vulnerable to the extreme volatility in oil and ...