Smart Money Ratings For 20 Most Undervalued Stocks

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14. ConocoPhillips (NYSE:COP)

Insider Transaction: 0.94%

Upside Potential: 36.23%

Forward P/E: 11.94

ConocoPhillips (NYSE:COP), headquartered in Texas, is one of the largest independent exploration and production companies globally. With a portfolio inclusive of North America, Europe, Asia, and Australia, the company strongly emphasizes shale, LNG, and deepwater assets. ConocoPhillips (NYSE:COP) prioritizes shareholder returns, operational efficiency, and low-carbon investments and leverages them to compete with other players in the market. The company’s performance is heavily linked to global crude oil and natural gas prices and environmental regulations.

ConocoPhillips (NYSE:COP) is currently trading at 9.73% above its 52-week low, showing moderate resilience in the market. Especially during the first quarter of 2025, the company has reported exceeding its production guidance by 2,389,000 barrels of oil equivalent per day. The macroeconomic environment remains uncertain and unfavorable for the company, causing the industry outlooks to be revised lower. However, the integration of Marathon Oil, which was completed ahead of schedule, is anticipated to provide opportunities that could optimize capital efficiency and reduce costs. The return of $2.5 billion to shareholders in the first quarter of 2025 further projects solid cash flows.

Insider conviction seems to be restrained, with insider purchases standing low at just 0.94% over the past 6 months. The company’s forward P/E ratio, standing at 11.94, points toward a possible mispricing in the valuation of the company. Meanwhile, ConocoPhillips (NYSE:COP) has undeniably high institutional confidence, with 86 hedge funds on board, as per Insider Monkey’s Q4 2024 database. With a 36.23% upside potential, the company attracts investors seeking growth opportunities amid the uncertain market conditions.

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