1. As of noon trading, ConocoPhillips ( COP) is up $0.35 (0.6%) to $58.21 on light volume Thus far, 1.5 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 7.1 million shares. The stock has ranged in price between $57.83-$58.21 after having opened the day at $57.97 as compared to the previous trading day's close of $57.86.

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 $70.8 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 0.2% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate ConocoPhillips a buy, 4 analysts rate it a sell, and 5 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. Get the full ConocoPhillips Ratings Report now.

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If you are interested in one of these 4 stocks, 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).

A reminder about TheStreet Ratings group: 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.
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