Core Insights - ConocoPhillips (COP) possesses extensive oil and natural gas resources that can be developed profitably even with declining oil prices [1][2] - The company is confident in its ability to extract and deliver oil profitably, even if West Texas Intermediate (WTI) prices drop to $40 per barrel [2][8] - COP's low-cost resources are primarily located in the U.S. shale regions, particularly the Lower 48, which enhances its resilience in a volatile market [3][8] Group 1: Company Performance - COP's shares have decreased by 13.4% over the past year, compared to a 9.6% decline in the broader industry [7][8] - The company's enterprise value to EBITDA (EV/EBITDA) ratio stands at 5.26X, which is above the industry average of 4.93X [9] Group 2: Earnings Estimates - The Zacks Consensus Estimate for COP's 2025 earnings has remained unchanged over the past week, with projections of $1.38 for the current quarter, $1.33 for the next quarter, and $6.22 for the current year [11][12]