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$48.23 -5.60 (-10.40%)
10/10/2008 4:02 PM

ConocoPhillips (COP)

CAPS Rating:
*****

An international, integrated energy company organized into six operating segments: Exploration and Production, Midstream, Refining and Marketing, LUKOIL Investment, Chemicals and Emerging Businesses.

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Avatar ptevans79 (77.96) Submitted: 10/08/06 10:31 PM : Outperform Start Price: $56.45 COP Score: 19.81

Average P/E for the Integrated Oil and Gas giants is 8.6. Exxon Mobile sports a P/E just over 10.

COP's P/E is 5.38. Holding income steady, the stock goes up 60% to come in line with the industry average P/E.

I know everyone is excited that oil (and subsequently gasoline) prices have been coming down lately, but does anyone really think prices aren't headed back up in the longer term?

COP is simply undervalued.

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