ConocoPhillips (COP): Today's Featured Energy Winner

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 higher today making it today's featured energy winner. The industry as a whole closed the day up 1.0%. By the end of trading, ConocoPhillips rose $0.99 (1.7%) to $59.90 on average volume. Throughout the day, 5,513,794 shares of ConocoPhillips exchanged hands as compared to its average daily volume of 7,283,900 shares. The stock ranged in a price between $59.02-$60.05 after having opened the day at $59.43 as compared to the previous trading day's close of $58.91. Other companies within the Energy industry that increased today were: FX Energy ( FXEN), up 15.7%, Petroleo Brasileiro SA Petrobras ( PBR), up 6.7%, EPL Oil & Gas ( EPL), up 5.5% and Crimson Exploration ( CXPO), up 5.3%.
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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 $71.4 billion and is part of the basic materials sector. The company has a P/E ratio of 9.9, below the S&P 500 P/E ratio of 17.7. Shares are up 1.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates ConocoPhillips as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, TGC Industries ( TGE), down 8.3%, GeoPetro Resources Company ( GPR), down 5.0%, Constellation Energy Partners ( CEP), down 4.9% and Sunoco Logistics Partners ( SXL), down 3.6% , were all laggards within the energy industry with InterOil Corporation ( IOC) being today's energy industry laggard.

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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