Sep. 12 at 6:16 PM
$COP trading at a bargain or just cheap for a reason? 🤔
Shares are down 9.1% over the past year, yet COP's EV/EBITDA of 5.3x is well below the industry's 11.02x. Plus, COP has a high-quality, low-cost asset base in U.S. shale basins, supporting profitability even at lower oil prices.
Valuation insights here 👉 https://www.zacks.com/stock/news/2750918/conocophillips-high-quality-assets-key-to-long-term-profitability?cid=sm-stocktwits-2-2750918-body-12309&ADID=SYND_STOCKTWITS_TWEET_2_2750918_BODY_12309