ConocoPhillips (COP): Today's Featured Energy Winner

ConocoPhillips (COP) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.3%. By the end of trading, ConocoPhillips rose 84 cents (1.6%) to $55.28 on light volume. Throughout the day, 3.5 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 11 million shares. The stock ranged in a price between $54.28-$55.42 after having opened the day at $54.70 as compared to the previous trading day's close of $54.44. Other companies within the Energy industry that increased today were: Constellation Energy Partners (CEP), up 9.4%, Pioneer Natural Resources Company (PXD), up 6.4%, Voyager Oil & Gas (VOG), up 6.2%, and Ocean Rig UDW (ORIG), up 5.7%.

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ConocoPhillips explores for, produces, transports, and markets crude oil, natural gas, natural gas liquids, liquefied natural gas and bitumen on a worldwide basis. ConocoPhillips has a market cap of $69.37 billion and is part of the basic materials sector. The company has a P/E ratio of 6.3, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 3.4% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate ConocoPhillips a buy, four analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. Among the primary strengths of the company is its expanding profit margins over time. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

• You can view the full ConocoPhillips Ratings Report.

On the negative front, Gasco Energy (GSX), down 28.6%, Recovery Energy (RECV), down 17.9%, GeoMet (GMET), down 14.1%, and GeoPetro Resources Company (GPR), down 11.9%, were all laggards within the energy industry with Devon Energy (DVN) being today's energy industry laggard.

• Use our energy section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR (XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas (DDG).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on ConocoPhillips click any of the following:

• ConocoPhillips Stock Price

• ConocoPhillips Analyst Ratings

• ConocoPhillips Key Stats & Profile

• ConocoPhillips Earnings

• ConocoPhillips Ratio Comparison

• ConocoPhillips Growth Rates

• ConocoPhillips Balance Sheet

• ConocoPhillips Cash Flow

• ConocoPhillips Income Statement