CONOCOPHILLIPS (COP)
US20825C1045 - Common Stock
Taking everything into account, COP scores 5 out of 10 in our fundamental rating. COP was compared to 214 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 is valued expensive and it does not seem to be growing.
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.
COP had positive earnings in 4 of the past 5 years.
Each year in the past 5 years COP had a positive operating cash flow.
1.2 Ratios
The Return On Assets of COP (11.38%) is better than 70.89% of its industry peers.
The Return On Equity of COP (22.16%) is better than 66.67% of its industry peers.
COP's Return On Invested Capital of 11.87% is fine compared to the rest of the industry. COP outperforms 63.38% of its industry peers.
COP had an Average Return On Invested Capital over the past 3 years of 14.29%. This is significantly below the industry average of 45.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.38% | ||
| ROE | 22.16% | ||
| ROIC | 11.87% |
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
Looking at the Profit Margin, with a value of 19.45%, COP is in line with its industry, outperforming 54.93% of the companies in the same industry.
COP's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 27.23%, COP perfoms like the industry average, outperforming 52.58% of the companies in the same industry.
In the last couple of years the Operating Margin of COP has grown nicely.
With a Gross Margin value of 47.15%, COP perfoms like the industry average, outperforming 47.89% of the companies in the same industry.
COP's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.23% | ||
| PM (TTM) | 19.45% | ||
| GM | 47.15% |
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
An Altman-Z score of 3.98 indicates that COP is not in any danger for bankruptcy at the moment.
COP has a better Altman-Z score (3.98) than 82.63% of its industry peers.
The Debt to FCF ratio of COP is 2.17, which is a good value as it means it would take COP, 2.17 years of fcf income to pay off all of its debts.
COP has a Debt to FCF ratio of 2.17. This is in the better half of the industry: COP outperforms 73.71% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that COP is not too dependend on debt financing.
COP has a Debt to Equity ratio (0.36) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 3.98 |
ROIC/WACC1.39
WACC8.55%
2.3 Liquidity
COP has a Current Ratio of 1.43. This is a normal value and indicates that COP is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.43, COP is doing good in the industry, outperforming 62.44% of the companies in the same industry.
A Quick Ratio of 1.29 indicates that COP should not have too much problems paying its short term obligations.
The Quick ratio of COP (1.29) is better than 65.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The earnings per share for COP have decreased strongly by -34.91% 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 -28.48% 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)-34.91%
EPS 3YN/A
EPS 5Y14.1%
EPS growth Q2Q-11.44%
Revenue 1Y (TTM)-28.48%
Revenue growth 3Y44.04%
Revenue growth 5Y8.97%
Revenue growth Q2Q-20.63%
3.2 Future
Based on estimates for the next years, COP will show a decrease in Earnings Per Share. The EPS will decrease by -3.57% on average per year.
COP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.27% yearly.
EPS Next Y0.57%
EPS Next 2Y5.97%
EPS Next 3Y3.3%
EPS Next 5Y-3.57%
Revenue Next Year-0.96%
Revenue Next 2Y1.47%
Revenue Next 3Y-0.01%
Revenue Next 5Y-2.27%
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
The Price/Earnings ratio is 14.79, which indicates a correct valuation of COP.
Compared to the rest of the industry, the Price/Earnings ratio of COP indicates a slightly more expensive valuation: COP is more expensive than 62.44% of the companies listed in the same industry.
COP is valuated rather cheaply when we compare the Price/Earnings ratio to 25.25, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 14.71 indicates a correct valuation of COP.
COP's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of COP to the average of the S&P500 Index (21.67), we can say COP is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.79 | ||
| Fwd PE | 14.71 |
4.2 Price Multiples
COP's Enterprise Value to EBITDA is on the same level as the industry average.
COP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.44 | ||
| EV/EBITDA | 6.91 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates COP does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of COP may justify a higher PE ratio.
PEG (NY)25.97
PEG (5Y)1.05
EPS Next 2Y5.97%
EPS Next 3Y3.3%
5. Dividend
5.1 Amount
COP has a Yearly Dividend Yield of 1.82%.
Compared to an average industry Dividend Yield of 5.79, COP has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.45, COP is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.82% |
5.2 History
The dividend of COP is nicely growing with an annual growth rate of 31.61%!
COP has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)31.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
COP pays out 51.13% of its income as dividend. This is a bit on the high side, but may be sustainable.
The Dividend Rate of COP has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP51.13%
EPS Next 2Y5.97%
EPS Next 3Y3.3%
CONOCOPHILLIPS
NYSE:COP (4/25/2024, 1:40:10 PM)
129.85
+0.57 (+0.44%)
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 Cap152.07B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.82% |
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)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min 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 | 14.79 | ||
| Fwd PE | 14.71 | ||
| 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)25.97
PEG (5Y)1.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.38% | ||
| ROE | 22.16% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 27.23% | ||
| PM (TTM) | 19.45% | ||
| GM | 47.15% | ||
| 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 Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.29 | ||
| 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)
Growth
EPS 1Y (TTM)-34.91%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y0.57%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-28.48%
Revenue growth 3Y44.04%
Revenue growth 5Y
Revenue growth 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