With a market cap of $128.8 billion, ConocoPhillips (COP) is a global energy company engaged in the exploration, production, transportation, and marketing of crude oil, natural gas, LNG, and natural gas liquids. It operates across multiple regions worldwide with a diverse portfolio that includes unconventional, conventional, LNG, and oil sands assets.
Shares of the Houston, Texas-based company have underperformed the broader market over the past 52 weeks. COP stock has risen nearly 3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15%. However, shares of the company are up 8.7% on a YTD basis, outpacing SPX's 1.5% gain.
