CONOCOPHILLIPS (COP)
US20825C1045 - Common Stock
We assign a fundamental rating of 5 out of 10 to COP. COP was compared to 205 industry peers in the Oil, Gas & Consumable Fuels industry. COP has an average financial health and profitability rating. COP has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
COP had positive earnings in the past year.
In the past year COP had a positive cash flow from operations.
Of the past 5 years COP 4 years were profitable.
Each year in the past 5 years COP had a positive operating cash flow.
1.2 Ratios
COP has a better Return On Assets (10.25%) than 75.49% of its industry peers.
COP has a Return On Equity of 19.88%. This is in the better half of the industry: COP outperforms 72.55% of its industry peers.
COP's Return On Invested Capital of 10.93% is fine compared to the rest of the industry. COP outperforms 72.06% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for COP is significantly below the industry average of 29.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.25% | ||
| ROE | 19.88% | ||
| ROIC | 10.93% |
ROA(3y)13.37%
ROA(5y)9.2%
ROE(3y)26.23%
ROE(5y)18.04%
ROIC(3y)14.29%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 17.95%, COP is doing good in the industry, outperforming 61.76% of the companies in the same industry.
In the last couple of years the Profit Margin of COP has grown nicely.
COP has a Operating Margin of 25.49%. This is comparable to the rest of the industry: COP outperforms 55.88% of its industry peers.
COP's Operating Margin has improved in the last couple of years.
COP's Gross Margin of 47.34% is in line compared to the rest of the industry. COP outperforms 51.47% of its industry peers.
COP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.49% | ||
| PM (TTM) | 17.95% | ||
| GM | 47.34% |
OM growth 3YN/A
OM growth 5Y2.46%
PM growth 3YN/A
PM growth 5Y2.58%
GM growth 3Y11.66%
GM growth 5Y0.18%
2. Health
2.1 Basic Checks
COP has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
COP has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, COP has more shares outstanding
The debt/assets ratio for COP is higher compared to a year ago.
2.2 Solvency
COP has an Altman-Z score of 3.59. This indicates that COP is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of COP (3.59) is better than 83.82% of its industry peers.
The Debt to FCF ratio of COP is 1.98, which is an excellent value as it means it would take COP, only 1.98 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 1.98, COP is doing good in the industry, outperforming 76.47% of the companies in the same industry.
COP has a Debt/Equity ratio of 0.34. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of COP (0.34) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.98 | ||
| Altman-Z | 3.59 |
ROIC/WACC1.3
WACC8.38%
2.3 Liquidity
COP has a Current Ratio of 1.30. This is a normal value and indicates that COP is financially healthy and should not expect problems in meeting its short term obligations.
COP has a Current ratio (1.30) which is comparable to the rest of the industry.
A Quick Ratio of 1.16 indicates that COP should not have too much problems paying its short term obligations.
COP's Quick ratio of 1.16 is in line compared to the rest of the industry. COP outperforms 58.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.16 |
3. Growth
3.1 Past
COP shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.90%.
Measured over the past years, COP shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.10% on average per year.
The Revenue has decreased by -7.89% in the past year.
The Revenue has been growing by 8.97% on average over the past years. This is quite good.
EPS 1Y (TTM)-9.9%
EPS 3YN/A
EPS 5Y14.1%
EPS Q2Q%-17.59%
Revenue 1Y (TTM)-7.89%
Revenue growth 3Y44.04%
Revenue growth 5Y8.97%
Sales Q2Q%-8.49%
3.2 Future
The Earnings Per Share is expected to decrease by -1.83% on average over the next years.
COP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.53% yearly.
EPS Next Y-11.11%
EPS Next 2Y-3.37%
EPS Next 3Y2.16%
EPS Next 5Y-1.83%
Revenue Next Year-4.92%
Revenue Next 2Y2.2%
Revenue Next 3Y3.22%
Revenue Next 5Y-3.53%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.61, the valuation of COP can be described as reasonable.
COP's Price/Earnings ratio is in line with the industry average.
COP is valuated cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.60 indicates a reasonable valuation of COP.
The rest of the industry has a similar Price/Forward Earnings ratio as COP.
The average S&P500 Price/Forward Earnings ratio is at 22.83. COP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.61 | ||
| Fwd PE | 11.6 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as COP.
COP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.31 | ||
| EV/EBITDA | 5.72 |
4.3 Compensation for Growth
The decent profitability rating of COP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.82
EPS Next 2Y-3.37%
EPS Next 3Y2.16%
5. Dividend
5.1 Amount
COP has a Yearly Dividend Yield of 3.28%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.08, COP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, COP pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
5.2 History
The dividend of COP is nicely growing with an annual growth rate of 31.61%!
COP has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)31.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
COP pays out 41.93% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP41.93%
EPS Next 2Y-3.37%
EPS Next 3Y2.16%
CONOCOPHILLIPS
NYSE:COP (12/20/2024, 8:04:00 PM)
After market: 95.11 -0.01 (-0.01%)95.12
-0.06 (-0.06%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners83.66%
Inst Owner Change0.44%
Ins Owners0.09%
Ins Owner Change-3.67%
Market Cap123.04B
Analysts81.29
Price Target135.83 (42.8%)
Short Float %1.1%
Short Ratio2.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
Dividend Growth(5Y)31.61%
DP41.93%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.7%
Min EPS beat(2)0%
Max EPS beat(2)7.4%
EPS beat(4)2
Avg EPS beat(4)4.95%
Min EPS beat(4)-1.46%
Max EPS beat(4)13.87%
EPS beat(8)4
Avg EPS beat(8)3.29%
EPS beat(12)8
Avg EPS beat(12)3.41%
EPS beat(16)12
Avg EPS beat(16)8.67%
Revenue beat(2)0
Avg Revenue beat(2)-5.05%
Min Revenue beat(2)-6.19%
Max Revenue beat(2)-3.91%
Revenue beat(4)0
Avg Revenue beat(4)-4.51%
Min Revenue beat(4)-6.19%
Max Revenue beat(4)-3.01%
Revenue beat(8)1
Avg Revenue beat(8)-3.45%
Revenue beat(12)5
Avg Revenue beat(12)0.62%
Revenue beat(16)8
Avg Revenue beat(16)1.94%
PT rev (1m)-0.09%
PT rev (3m)-5.09%
EPS NQ rev (1m)-0.32%
EPS NQ rev (3m)-20.45%
EPS NY rev (1m)-0.54%
EPS NY rev (3m)-8.23%
Revenue NQ rev (1m)-0.19%
Revenue NQ rev (3m)-11.52%
Revenue NY rev (1m)0.64%
Revenue NY rev (3m)-3.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.61 | ||
| Fwd PE | 11.6 | ||
| P/S | 2.23 | ||
| P/FCF | 13.31 | ||
| P/OCF | 5.88 | ||
| P/B | 2.47 | ||
| P/tB | 2.47 | ||
| EV/EBITDA | 5.72 |
EPS(TTM)8.19
EY8.61%
EPS(NY)8.2
Fwd EY8.62%
FCF(TTM)7.15
FCFY7.51%
OCF(TTM)16.18
OCFY17.01%
SpS42.7
BVpS38.56
TBVpS38.56
PEG (NY)N/A
PEG (5Y)0.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.25% | ||
| ROE | 19.88% | ||
| ROCE | 16.39% | ||
| ROIC | 10.93% | ||
| ROICexc | 11.87% | ||
| ROICexgc | 11.87% | ||
| OM | 25.49% | ||
| PM (TTM) | 17.95% | ||
| GM | 47.34% | ||
| FCFM | 16.74% |
ROA(3y)13.37%
ROA(5y)9.2%
ROE(3y)26.23%
ROE(5y)18.04%
ROIC(3y)14.29%
ROIC(5y)N/A
ROICexc(3y)15.77%
ROICexc(5y)N/A
ROICexgc(3y)15.77%
ROICexgc(5y)N/A
ROCE(3y)21.42%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y4.3%
ROICexc growth 3YN/A
ROICexc growth 5Y4.3%
OM growth 3YN/A
OM growth 5Y2.46%
PM growth 3YN/A
PM growth 5Y2.58%
GM growth 3Y11.66%
GM growth 5Y0.18%
F-Score6
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 1.98 | ||
| Debt/EBITDA | 0.73 | ||
| Cap/Depr | 127.58% | ||
| Cap/Sales | 21.15% | ||
| Interest Coverage | 17.69 | ||
| Cash Conversion | 90.06% | ||
| Profit Quality | 93.26% | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.16 | ||
| Altman-Z | 3.59 |
F-Score6
WACC8.38%
ROIC/WACC1.3
Cap/Depr(3y)115.08%
Cap/Depr(5y)107.92%
Cap/Sales(3y)14.87%
Cap/Sales(5y)18.03%
Profit Quality(3y)107.38%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-9.9%
EPS 3YN/A
EPS 5Y14.1%
EPS Q2Q%-17.59%
EPS Next Y-11.11%
EPS Next 2Y-3.37%
EPS Next 3Y2.16%
EPS Next 5Y-1.83%
Revenue 1Y (TTM)-7.89%
Revenue growth 3Y44.04%
Revenue growth 5Y8.97%
Sales Q2Q%-8.49%
Revenue Next Year-4.92%
Revenue Next 2Y2.2%
Revenue Next 3Y3.22%
Revenue Next 5Y-3.53%
EBIT growth 1Y-12.14%
EBIT growth 3YN/A
EBIT growth 5Y11.65%
EBIT Next Year48.52%
EBIT Next 3Y21.41%
EBIT Next 5Y9.44%
FCF growth 1Y-49.77%
FCF growth 3Y364.46%
FCF growth 5Y7.11%
OCF growth 1Y-24.14%
OCF growth 3Y60.8%
OCF growth 5Y9.07%