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Barchart
Kritika Sarmah

Is ConocoPhillips Stock Underperforming the S&P 500?

COP ConocoPhillips

Houston, Texas-based ConocoPhillips (COP) explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. The company has a market capitalization of $136.7 billion and operates through Alaska, Lower 48, Canada, Europe, Middle East and North Africa, and Asia Pacific segments.

Companies with a market capitalization of $10 billion or more are typically referred to as “large-cap stocks.” COP fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the oil and gas E&P industry. 

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