With a strong presence across 16 countries, ConocoPhillips (COP), based in Houston, Texas, produces, transports, and markets everything from Crude Oil and bitumen to LNG and natural gas liquids. With a market cap of $117.8 billion, it is one of the largest independent oil and natural gas exploration and production companies in the world. It operates across key energy-producing regions, including the Lower 48 states, Alaska, Canada, the North Sea, the Middle East, and Asia-Pacific.
Over the past year, COP stock has been swimming against the tide, shedding 12% of its value, a sharp contrast to the S&P 500 Index ($SPX), which climbed 21.1% during the same time window. The underperformance has continued into 2025, as the stock is down 6.1%, while the S&P 500 has advanced 7.9%.
