CONOCOPHILLIPS (COP)
US20825C1045 - Common Stock
Taking everything into account, COP scores 5 out of 10 in our fundamental rating. COP was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of COP get a neutral evaluation. Nothing too spectacular is happening here. 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.
In the past 5 years COP always reported a positive cash flow from operatings.
1.2 Ratios
COP has a better Return On Assets (11.07%) than 73.33% of its industry peers.
COP's Return On Equity of 21.39% is fine compared to the rest of the industry. COP outperforms 72.86% of its industry peers.
The Return On Invested Capital of COP (11.46%) is better than 66.19% 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 30.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.07% | ||
| ROE | 21.39% | ||
| ROIC | 11.46% |
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
The Profit Margin of COP (19.13%) is better than 62.86% of its industry peers.
COP's Profit Margin has improved in the last couple of years.
COP has a Operating Margin of 26.51%. This is comparable to the rest of the industry: COP outperforms 55.24% of its industry peers.
COP's Operating Margin has improved in the last couple of years.
The Gross Margin of COP (47.26%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of COP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.51% | ||
| PM (TTM) | 19.13% | ||
| GM | 47.26% |
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.
Compared to 1 year ago, COP has less shares outstanding
The number of shares outstanding for COP has been increased compared to 5 years ago.
Compared to 1 year ago, COP has a worse debt to assets ratio.
2.2 Solvency
COP has an Altman-Z score of 3.71. This indicates that COP is financially healthy and has little risk of bankruptcy at the moment.
COP's Altman-Z score of 3.71 is amongst the best of the industry. COP outperforms 83.33% of its industry peers.
COP has a debt to FCF ratio of 2.22. This is a good value and a sign of high solvency as COP would need 2.22 years to pay back of all of its debts.
COP's Debt to FCF ratio of 2.22 is fine compared to the rest of the industry. COP outperforms 74.76% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that COP is not too dependend on debt financing.
COP's Debt to Equity ratio of 0.35 is in line compared to the rest of the industry. COP outperforms 58.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.22 | ||
| Altman-Z | 3.71 |
ROIC/WACC1.41
WACC8.15%
2.3 Liquidity
A Current Ratio of 1.35 indicates that COP should not have too much problems paying its short term obligations.
The Current ratio of COP (1.35) is comparable to the rest of the industry.
A Quick Ratio of 1.21 indicates that COP should not have too much problems paying its short term obligations.
COP has a Quick ratio (1.21) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
The earnings per share for COP have decreased strongly by -33.10% in the last year.
COP shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.10% yearly.
The Revenue for COP has decreased by -26.96% in the past year. This is quite bad
COP shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.97% yearly.
EPS 1Y (TTM)-33.1%
EPS 3YN/A
EPS 5Y14.1%
EPS Q2Q%-14.71%
Revenue 1Y (TTM)-26.96%
Revenue growth 3Y44.04%
Revenue growth 5Y8.97%
Sales Q2Q%-6.71%
3.2 Future
COP is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.03% yearly.
Based on estimates for the next years, COP will show a decrease in Revenue. The Revenue will decrease by -3.46% on average per year.
EPS Next Y1.57%
EPS Next 2Y7.61%
EPS Next 3Y5.47%
EPS Next 5Y3.03%
Revenue Next Year-0.84%
Revenue Next 2Y3.34%
Revenue Next 3Y1.95%
Revenue Next 5Y-3.46%
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
With a Price/Earnings ratio of 13.15, COP is valued correctly.
COP's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of COP to the average of the S&P500 Index (24.41), we can say COP is valued slightly cheaper.
With a Price/Forward Earnings ratio of 10.90, the valuation of COP can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as COP.
The average S&P500 Price/Forward Earnings ratio is at 20.59. COP is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.15 | ||
| Fwd PE | 10.9 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of COP is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as COP.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.59 | ||
| EV/EBITDA | 6.09 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
COP has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)8.37
PEG (5Y)0.93
EPS Next 2Y7.61%
EPS Next 3Y5.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.99%, COP has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.93, COP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, COP has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
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
47.56% of the earnings are spent on dividend by COP. This is a bit on the high side, but may be sustainable.
COP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP47.56%
EPS Next 2Y7.61%
EPS Next 3Y5.47%
CONOCOPHILLIPS
NYSE:COP (7/26/2024, 7:23:12 PM)
After market: 110.75 -0.11 (-0.1%)110.86
-0.17 (-0.15%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap129.08B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.15 | ||
| Fwd PE | 10.9 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)8.37
PEG (5Y)0.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.07% | ||
| ROE | 21.39% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 26.51% | ||
| PM (TTM) | 19.13% | ||
| GM | 47.26% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-33.1%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y1.57%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-26.96%
Revenue growth 3Y44.04%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y