ConocoPhillips (COP) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the latest close session, ConocoPhillips (COP) was down 2.72% at $95.52. The stock's performance was behind the S&P 500's daily loss of 2.06%. Meanwhile, the Dow lost 1.76%, and the Nasdaq, a tech-heavy index, lost 2.39%. Shares of the energy company have appreciated by 5.23% over the course of the past month, underperforming the Oils-Energy sector's gain of 6.08%, and outperforming the S&P 500's gain of 1.63%.Market participants will be closely following the financial results of ConocoPhillips in its upcoming release. The company plans to announce its earnings on February 5, 2026. The company is forecasted to report an EPS of $1.12, showcasing a 43.43% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $14.14 billion, indicating a 4.02% downward movement from the same quarter last year. COP's full-year Zacks Consensus Estimates are calling for earnings of $6.26 per share and revenue of $61.22 billion. These results would represent year-over-year changes of -19.64% and 0%, respectively. Investors might also notice recent changes to analyst estimates for ConocoPhillips. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 3.18% lower. ConocoPhillips is holding a Zacks Rank of #3 (Hold) right now. Investors should also note ConocoPhillips's current valuation metrics, including its Forward P/E ratio of 18.87. For comparison, its industry has an average Forward P/E of 17.9, which means ConocoPhillips is trading at a premium to the group. It is also worth noting that COP currently has a PEG ratio of 2.73. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Oil and Gas - Integrated - United States industry had an average PEG ratio of 2.43 as trading concluded yesterday. The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 181, positioning it in the bottom 27% of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the 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. 5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks