1. As of noon trading, ConocoPhillips ( COP) is down $0.51 (-0.8%) to $67.57 on average volume. Thus far, 2.1 million shares of ConocoPhillips exchanged hands as compared to its average daily volume of 4.6 million shares. The stock has ranged in price between $67.09-$68.07 after having opened the day at $68.05 as compared to the previous trading day's close of $68.08.

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 $83.7 billion and is part of the basic materials sector. The company has a P/E ratio of 10.2, below the S&P 500 P/E ratio of 17.7. Shares are down 3.6% year-to-date as of the close of trading on Wednesday. Currently there are 4 analysts that rate ConocoPhillips a buy, 3 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 increase in net income, attractive valuation levels, expanding profit margins, good cash flow from operations and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full ConocoPhillips Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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).
null

If you liked this article you might like

5 Biggest Movers in the Energy Sector After Reports of OPEC Production Cap

Bullish and Bearish Reversals for the Week

2 High-Yield Energy Stocks to Avoid

Trade-Ideas: Ecopetrol (EC) Is Today's Strong On High Relative Volume Stock

These 5 Stocks Have Small Price Tags -- and Big Gain Potential