ConocoPhillips (COP): Today's Featured Energy Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

ConocoPhillips ( COP) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day down 0.6%. By the end of trading, ConocoPhillips fell 66 cents (-1.1%) to $57.62 on average volume. Throughout the day, 5.8 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of seven million shares. The stock ranged in price between $57.25-$58.19 after having opened the day at $58.14 as compared to the previous trading day's close of $58.28. Other companies within the Energy industry that declined today were: GMX Resources ( GMXR), down 18.4%, BMB Munai ( BMBM), down 11.1%, Clayton Williams Energy ( CWEI), down 9.9%, and NuStar Energy L.P ( NS), down 6.9%.
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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 $70.76 billion and is part of the basic materials sector. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are down 0.1% year to date as of the close of trading on Friday. Currently there are seven analysts that rate ConocoPhillips a buy, four analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, expanding profit margins, notable return on equity and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Gasco Energy ( GSX), up 9.1%, Northern Tier Energy LP Class A ( NTI), up 8%, Endeavour International ( END), up 7.8%, and Global Geophysical Services ( GGS), up 6.5%, were all gainers within the energy industry with Cheniere Energy ( LNG) being today's featured energy industry leader.

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).

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