ConocoPhillips is Not so Pricey: Should Investors Bet on the Stock Now?
Key Takeaways ConocoPhillips trades at 5.24X EV/EBITDA, below the industry's 10.90X and key peers' valuations.Marathon Oil assets add efficiency, with 7B in yearly free cash flow from 2029, aided by LNG and Alaska projects.ConocoPhillips (COP) is currently trading at a 12-month enterprise value to EBITDA (EV/EBITDA) of 5.24X. This is below the broader industry average of 10.90X, Exxon Mobil Corporation’s (XOM) 7.02X and EOG Resources Inc’s (EOG) 5.42X. ...