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NEW YORK (
) has been reiterated by TheStreet Ratings as a buy with a ratings score of A-. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, expanding profit margins, good cash flow from operations and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
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Highlights from the ratings report include:
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Oil, Gas & Consumable Fuels industry. The net income increased by 37.9% when compared to the same quarter one year prior, rising from $1,798.00 million to $2,480.00 million.
- 38.91% is the gross profit margin for CONOCOPHILLIPS which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 18.17% significantly outperformed against the industry average.
- Net operating cash flow has slightly increased to $3,705.00 million or 5.25% when compared to the same quarter last year. In addition, CONOCOPHILLIPS has also modestly surpassed the industry average cash flow growth rate of 2.58%.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market on the basis of return on equity, CONOCOPHILLIPS has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids on a worldwide basis. ConocoPhillips has a market cap of $81.6 billion and is part of the basic materials sector and energy industry. The company has a P/E ratio of 10.00, below the S&P 500 P/E ratio of 18.00. Shares are down 6.8% year to date as of the close of trading on Monday.
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--Written by a member of TheStreet Ratings Staff.