In the latest trading session, ConocoPhillips (COP) closed at $86.79, marking a -2.14% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.23% for the day. At the same time, the Dow added 0.34%, and the tech-heavy Nasdaq gained 0.8%.
Heading into today, shares of the energy company had lost 7.47% over the past month, lagging the Oils-Energy sector's loss of 2.26% and the S&P 500's gain of 3.57%.
The upcoming earnings release of ConocoPhillips will be of great interest to investors. The company's earnings report is expected on November 6, 2025. The company's upcoming EPS is projected at $1.4, signifying a 21.35% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $14.68 billion, reflecting a 7.92% rise from the equivalent quarter last year.
COP's full-year Zacks Consensus Estimates are calling for earnings of $6.29 per share and revenue of $60.47 billion. These results would represent year-over-year changes of -19.26% and +6.18%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for ConocoPhillips. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.28% lower. ConocoPhillips currently has a Zacks Rank of #3 (Hold).
Digging into valuation, ConocoPhillips currently has a Forward P/E ratio of 14.09. This represents a discount compared to its industry average Forward P/E of 16.2.
It is also worth noting that COP currently has a PEG ratio of 2.37. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. COP's industry had an average PEG ratio of 2.35 as of yesterday's close.
The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 202, putting it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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ConocoPhillips (COP): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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