ConocoPhillips (COP) closed at $97.02 in the latest trading session, marking a +2.18% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.02%. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq added 0.33%.
The energy company's shares have seen an increase of 5.3% over the last month, surpassing the Oils-Energy sector's gain of 2.64% and the S&P 500's gain of 4.93%.
The investment community will be closely monitoring the performance of ConocoPhillips in its forthcoming earnings report. The company is scheduled to release its earnings on August 7, 2025. The company is predicted to post an EPS of $1.36, indicating a 31.31% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $14.93 billion, indicating a 5.59% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.45 per share and a revenue of $62.79 billion, indicating changes of -17.2% and +10.24%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for ConocoPhillips. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 3.88% higher. ConocoPhillips currently has a Zacks Rank of #3 (Hold).
Digging into valuation, ConocoPhillips currently has a Forward P/E ratio of 14.72. This represents a discount compared to its industry average Forward P/E of 17.35.
We can also see that COP currently has a PEG ratio of 2.47. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Oil and Gas - Integrated - United States industry was having an average PEG ratio of 2.14.
The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 214, positioning it in the bottom 14% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
ConocoPhillips (COP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
