ConocoPhillips Average Equity vs Free Cash Flow Analysis

COP Stock  USD 126.84  0.85  0.67%   
Trend analysis of ConocoPhillips balance sheet accounts such as Short Long Term Debt Total of 15.1 B, Other Current Liabilities of 2.1 B or Total Current Liabilities of 11 B provides information on ConocoPhillips' total assets, liabilities, and equity, which is the actual value of ConocoPhillips to its prevalent stockholders. By breaking down trends over time using ConocoPhillips balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.

About ConocoPhillips Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of ConocoPhillips at a specified time, usually calculated after every quarter, six months, or one year. ConocoPhillips Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ConocoPhillips and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ConocoPhillips currently owns. An asset can also be divided into two categories, current and non-current.

ConocoPhillips Balance Sheet Chart

ConocoPhillips Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how ConocoPhillips uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, ConocoPhillips' Inventory is relatively stable compared to the past year. As of 03/28/2024, Other Current Assets is likely to grow to about 1.4 B, while Total Stockholder Equity is likely to drop slightly above 32.3 B.

Total Assets

Total assets refers to the total amount of ConocoPhillips assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ConocoPhillips books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on ConocoPhillips balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ConocoPhillips are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from ConocoPhillips' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ConocoPhillips current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.At this time, ConocoPhillips' Selling General Administrative is relatively stable compared to the past year. As of 03/28/2024, Tax Provision is likely to grow to about 5.6 B, while Discontinued Operations is likely to drop slightly above 1.2 B.
 2021 2022 2023 2024 (projected)
Cost Of Revenue31.1B48.5B38.2B51.0B
EBITDA21.2B35.6B23.5B17.6B

ConocoPhillips fundamental ratios Correlations

0.770.10.870.960.960.620.580.480.99-0.620.080.860.820.940.630.460.460.980.390.790.170.85-0.66-0.660.56
0.77-0.150.450.690.810.940.330.210.83-0.24-0.110.420.780.890.250.240.540.80.210.340.450.43-0.66-0.660.83
0.1-0.150.230.230.15-0.250.150.170.04-0.20.220.240.21-0.120.040.120.07-0.010.360.3-0.210.10.00.0-0.14
0.870.450.230.810.750.320.460.440.81-0.850.071.00.590.730.820.510.440.870.350.90.150.98-0.37-0.370.22
0.960.690.230.810.970.490.710.60.94-0.520.250.810.870.840.580.380.290.880.520.80.110.77-0.72-0.720.55
0.960.810.150.750.970.640.640.490.97-0.460.080.740.860.90.490.340.390.90.510.670.190.71-0.69-0.690.66
0.620.94-0.250.320.490.640.18-0.090.7-0.19-0.370.280.560.80.170.240.540.690.120.130.420.32-0.48-0.480.75
0.580.330.150.460.710.640.180.710.57-0.160.470.460.660.410.440.07-0.380.450.850.480.040.43-0.72-0.720.51
0.480.210.170.440.60.49-0.090.710.42-0.110.770.430.650.290.340.02-0.170.360.540.590.120.37-0.66-0.660.3
0.990.830.040.810.940.970.70.570.42-0.55-0.010.80.810.960.580.40.480.970.390.690.170.8-0.65-0.650.63
-0.62-0.24-0.2-0.85-0.52-0.46-0.19-0.16-0.11-0.550.12-0.84-0.31-0.53-0.7-0.61-0.39-0.67-0.09-0.76-0.06-0.840.080.08-0.03
0.08-0.110.220.070.250.08-0.370.470.77-0.010.120.060.43-0.110.1-0.14-0.41-0.060.230.410.090.0-0.56-0.560.1
0.860.420.241.00.810.740.280.460.430.8-0.840.060.560.710.840.470.440.850.350.880.090.98-0.34-0.340.18
0.820.780.210.590.870.860.560.660.650.81-0.310.430.560.750.370.250.270.750.470.670.310.51-0.91-0.910.77
0.940.89-0.120.730.840.90.80.410.290.96-0.53-0.110.710.750.490.440.580.970.20.610.210.74-0.61-0.610.64
0.630.250.040.820.580.490.170.440.340.58-0.70.10.840.370.490.070.250.630.290.660.10.87-0.22-0.220.15
0.460.240.120.510.380.340.240.070.020.4-0.61-0.140.470.250.440.070.260.490.020.590.010.45-0.2-0.2-0.03
0.460.540.070.440.290.390.54-0.38-0.170.48-0.39-0.410.440.270.580.250.260.57-0.350.270.20.440.020.020.15
0.980.8-0.010.870.880.90.690.450.360.97-0.67-0.060.850.750.970.630.490.570.260.740.20.87-0.57-0.570.54
0.390.210.360.350.520.510.120.850.540.39-0.090.230.350.470.20.290.02-0.350.260.270.140.27-0.43-0.430.35
0.790.340.30.90.80.670.130.480.590.69-0.760.410.880.670.610.660.590.270.740.270.110.84-0.52-0.520.16
0.170.45-0.210.150.110.190.420.040.120.17-0.060.090.090.310.210.10.010.20.20.140.110.06-0.26-0.260.44
0.850.430.10.980.770.710.320.430.370.8-0.840.00.980.510.740.870.450.440.870.270.840.06-0.32-0.320.18
-0.66-0.660.0-0.37-0.72-0.69-0.48-0.72-0.66-0.650.08-0.56-0.34-0.91-0.61-0.22-0.20.02-0.57-0.43-0.52-0.26-0.321.0-0.76
-0.66-0.660.0-0.37-0.72-0.69-0.48-0.72-0.66-0.650.08-0.56-0.34-0.91-0.61-0.22-0.20.02-0.57-0.43-0.52-0.26-0.321.0-0.76
0.560.83-0.140.220.550.660.750.510.30.63-0.030.10.180.770.640.15-0.030.150.540.350.160.440.18-0.76-0.76
Click cells to compare fundamentals

ConocoPhillips Account Relationship Matchups

ConocoPhillips fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.5B62.6B90.7B93.8B95.9B74.6B
Short Long Term Debt Total14.9B15.4B19.9B16.6B19.6B15.1B
Other Current Liab3.7B2.0B5.7B6.3B1.8B2.1B
Total Current Liabilities7.0B5.4B12.0B12.8B10.0B11.0B
Total Stockholder Equity35.0B29.8B45.4B48.0B49.3B32.3B
Property Plant And Equipment Net42.3B39.9B64.9B64.9B70.7B45.1B
Net Debt9.8B12.4B14.9B10.2B14.0B12.6B
Retained Earnings39.7B35.2B40.7B53.0B59.3B62.2B
Cash5.1B3.0B5.0B6.5B5.6B5.9B
Non Current Assets Total53.6B50.6B74.6B75.1B81.6B62.1B
Non Currrent Assets Other2.6B2.6B2.6B(4.2B)1.1B1.2B
Cash And Short Term Investments10.2B7.9B6.6B9.2B6.6B6.9B
Net Receivables3.4B2.8B6.7B7.1B5.5B5.9B
Common Stock Shares Outstanding1.2B1.1B1.1B1.3B1.2B1.1B
Liabilities And Stockholders Equity70.5B62.6B90.7B93.8B95.9B74.6B
Non Current Liabilities Total28.4B27.4B33.2B33.0B36.6B31.1B
Inventory1.0B1.0B1.2B1.2B1.4B2.0B
Other Current Assets2.3B454M1.6B1.2B852M1.4B
Other Stockholder Equity578M(164M)9.7B953M(4.3B)(4.1B)
Total Liab35.5B32.8B45.3B45.8B46.6B42.0B
Property Plant And Equipment Gross42.3B39.9B129.6B131.5B144.4B151.6B
Total Current Assets16.9B12.1B16.1B18.7B14.3B12.5B
Accumulated Other Comprehensive Income(5.4B)(5.2B)(5.0B)(6B)(5.7B)(6.0B)
Short Term Debt105M619M1.2B417M1.3B766.6M
Accounts Payable3.2B2.7B5.0B6.2B5.1B6.9B
Other Liab13.0B12.7B14.5B16.4B18.8B14.4B
Other Assets2.0B2.6B2.6B2.0B2.1B1.3B
Long Term Debt14.8B14.8B18.7B16.2B17.9B21.5B
Treasury Stock(46.4B)(47.3B)(50.9B)(60.2B)(54.2B)(51.5B)
Property Plant Equipment42.3B39.9B64.9B64.9B74.6B66.6B
Net Tangible Assets35.0B29.8B45.4B48.0B43.2B36.3B
Retained Earnings Total Equity39.7B35.2B40.7B53.0B61.0B42.7B
Short Term Investments5.1B4.9B1.6B2.8B971M1.8B
Long Term Debt Total14.8B14.8B18.7B16.2B14.6B16.1B
Capital Surpluse47.0B47.1B60.6B61.1B70.3B52.8B

ConocoPhillips Investors Sentiment

The influence of ConocoPhillips' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ConocoPhillips. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ConocoPhillips' public news can be used to forecast risks associated with an investment in ConocoPhillips. The trend in average sentiment can be used to explain how an investor holding ConocoPhillips can time the market purely based on public headlines and social activities around ConocoPhillips. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ConocoPhillips' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ConocoPhillips' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ConocoPhillips' news discussions. The higher the estimated score, the more favorable is the investor's outlook on ConocoPhillips.

ConocoPhillips Implied Volatility

    
  38.83  
ConocoPhillips' implied volatility exposes the market's sentiment of ConocoPhillips stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ConocoPhillips' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ConocoPhillips stock will not fluctuate a lot when ConocoPhillips' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ConocoPhillips in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ConocoPhillips' short interest history, or implied volatility extrapolated from ConocoPhillips options trading.

Pair Trading with ConocoPhillips

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ConocoPhillips position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ConocoPhillips will appreciate offsetting losses from the drop in the long position's value.

Moving together with ConocoPhillips Stock

  0.68PR Permian Resources Financial Report 13th of May 2024 PairCorr
  0.69SD SandRidge EnergyPairCorr
  0.74SM SM Energy Financial Report 25th of April 2024 PairCorr

Moving against ConocoPhillips Stock

  0.49AETUF ARC ResourcesPairCorr
The ability to find closely correlated positions to ConocoPhillips could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConocoPhillips when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ConocoPhillips - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ConocoPhillips to buy it.
The correlation of ConocoPhillips is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ConocoPhillips moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConocoPhillips moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ConocoPhillips can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ConocoPhillips is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ConocoPhillips Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Conocophillips Stock. Highlighted below are key reports to facilitate an investment decision about Conocophillips Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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Is ConocoPhillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConocoPhillips. If investors know ConocoPhillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConocoPhillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
4.61
Earnings Share
9.06
Revenue Per Share
48.107
Quarterly Revenue Growth
(0.21)
The market value of ConocoPhillips is measured differently than its book value, which is the value of ConocoPhillips that is recorded on the company's balance sheet. Investors also form their own opinion of ConocoPhillips' value that differs from its market value or its book value, called intrinsic value, which is ConocoPhillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConocoPhillips' market value can be influenced by many factors that don't directly affect ConocoPhillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConocoPhillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConocoPhillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConocoPhillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.