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Barchart
Barchart
Aditya Sarawgi

Is ConocoPhillips Stock Underperforming the S&P 500?

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 $122.2 billion, ConocoPhillips employs over 10,300 people and operates in 13 countries across the Americas, Indo-Pacific, and the EMEA region.

Companies worth $10 billion or more are generally described as "large-cap stocks," ConocoPhillips fits this bill perfectly. Given its dominance in the oil & gas industry, its valuation above this mark is not surprising. With a commitment to safe and responsible development, the company accesses, develops and produces oil & natural gas to help meet the world's energy needs.

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