With a market cap of $152.2 billion, ConocoPhillips (COP) is one of the world’s largest independent exploration and production (E&P) energy companies, headquartered in Houston, Texas. ConocoPhillips focuses primarily on upstream operations, exploring for, developing, and producing crude oil, natural gas, LNG, and bitumen globally. The company operates across major energy-producing regions, including the U.S., Canada, Norway, Qatar, Australia, and Malaysia.
Shares of the E&P titan have outperformed the broader market over the past 52 weeks. COP stock has risen 40.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 28.5%. Moreover, shares of the company are up 31.7% on a YTD basis, outpacing SPX's 6% gain.
