
Houston, Texas-based ConocoPhillips (COP) is one of the world’s largest independent E&P companies based on production and proved reserves. With a market cap of $110.8 billion, ConocoPhillips employs nearly 11,800 people and operates in 13 countries across the Americas, Indo-Pacific, and the EMEA region.
The oil and gas explorer has significantly underperformed the broader market over the past year and in 2025. COP’s stock prices have tanked 29.1% over the past 52 weeks and 11.6% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 8.2% gains over the past year and 4.7% decline on a YTD basis.