ConocoPhillips is Not so Pricey: Should Investors Bet on the Stock Now?
Key Takeaways ConocoPhillips trades at 5.24X EV/EBITDA, below the industry's 10.90X and key peers' valuations.Marathon Oil assets add efficiency, with $1B+ in annual synergies expected by 2025-end.COP sees $7B in yearly free cash flow from 2029, aided by LNG and Alaska projects.ConocoPhillips (COP) is currently trading at a 12-month enterprise value to EBITDA (EV/EBITDA) of 5.24X. This is below the broader industry average of 10.90X, Exxon Mobil Corporation’s (XOM) 7.02X and EOG Resources Inc’s (EOG) 5.42X. ...