3. As of noon trading, ConocoPhillips ( COP) is up $0.53 (0.83) to $64.56 on average volume Thus far, 3.2 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 6.6 million shares. The stock has ranged in price between $63.80-$64.76 after having opened the day at $64.25 as compared to the previous trading day's close of $64.03.

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 $77.4 billion and is part of the basic materials sector. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are up 10.4% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate ConocoPhillips a buy, 4 analysts rate it a sell, and 6 rate it a hold.

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, notable return on equity and increase in stock price during the past year. 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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