) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day down 3.3%. By the end of trading, ConocoPhillips fell $1.23 (-2.3%) to $52.04 on average volume. Throughout the day, 9.2 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 11.6 million shares. The stock ranged in price between $51.91-$52.76 after having opened the day at $52.69 as compared to the previous trading day's close of $53.27. Other company's within the Energy industry that declined today were:
), down 29%,
), down 16.5%,
), down 13.2%, and
), down 12.3%.
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 $65.9 billion and is part of the
sector. The company has a P/E ratio of 5.7, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 5.5% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate ConocoPhillips a buy, three analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates ConocoPhillips as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations, notable return on equity, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full ConocoPhillips Ratings Report.
On the positive front,
), up 7.3%,
), up 4.3%,
), up 4%, and
Forbes Energy Services
), up 4%, were all gainers within the energy industry with
) being today's featured energy industry winner.
- 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
) while those bearish on the energy industry could consider
- Find other investment ideas from our top rated ETFs lists.