NEW YORK (TheStreet) -- ConocoPhillips (COP) - Get ConocoPhillips Report  stock is declining 0.09% to $46.65 on Monday afternoon along with falling oil prices.

Crude oil (WTI) is retreating 0.84% to $36.73 per barrel and Brent crude is sliding 0.16% to $37.22 per barrel, according to the CNBC.com index.

A global glut overshadowed the rising tension between Saudi Arabia and Iran following Saudi Arabia's execution of a dissident Shitte cleric, Bloomberg reports.

"The geopolitical risk is a little overstated," said Gene McGillian, a senior analyst at Tradition Energy. "The market is focusing on weak fundamentals."

Overall, markets were pushed lower as trading on China's stock markets was suspended following the stock market drop by 5%. This was largely due to China's weak manufacturing survey adding to the growing concerns about the country's economic health, CNBC.com stated.

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ConocoPhillips is an independent exploration and production company based in Houston.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate CONOCOPHILLIPS as a Hold with a ratings score of C-. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Highlights from the analysis by TheStreet Ratings Team goes as follows:

  • COP, with its decline in revenue, slightly underperformed the industry average of 36.9%. Since the same quarter one year prior, revenues fell by 39.9%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • Despite currently having a low debt-to-equity ratio of 0.56, it is higher than that of the industry average, inferring that management of debt levels may need to be evaluated further. Regardless of the somewhat mixed results with the debt-to-equity ratio, the company's quick ratio of 0.83 is weak.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 33.37%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 166.41% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • The gross profit margin for CONOCOPHILLIPS is currently lower than what is desirable, coming in at 29.54%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -14.74% is significantly below that of the industry average.
  • Net operating cash flow has significantly decreased to $1,934.00 million or 53.73% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
  • You can view the full analysis from the report here: COP