| What Does a Company’s Production Mix Tell Investors? | |
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How Did Energy Streams Look after the Fed's Rate Hike? (Continued from Prior Part) Production mix
ConocoPhillips (COP) has a production mix of 43% and 46% in natural gas and crude oil, respectively. In contrast, EQT (EQT) and Cabot Oil and Gas (COG) have production mixes of 90% and 95%, respectively, in natural gas. Companies with high exposure to natural gas and crude oil will likely be impacted the most by changes in these commodities’ prices. Integrated energy producer ExxonMobil’s (XOM) production mix was 46% in both natural gas and crude oil. ExxonMobil has the highest individual weight in the Energy Select Sector SPDR Fund (XLE).
Price-to-BOE reserves ratio
Below is a breakdown of three other companies’ price-to-BOE (barrels of oil equivalent) reserves ratios:
- ConocoPhillips (COP) has a price-to-BOE reserves ratio of 7x.
- EOG Resources (EOG) has a price-to-BOE reserves ratio of 18x.
- Apache (APA) has a price-to-BOE reserves ratio of 7.6x.
However, it’s important to note that a lower ratio usually indicates that a company is undervalued compared to its peers. In the next part, we’ll discuss the cash flow of these upstream companies.
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ConocoPhillips
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CODE : COP |
ISIN : US20825C1045 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
ConocoPhillips est une société de production minière basée aux Etats-Unis D'Amerique. ConocoPhillips est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 153,3 milliards US$ (143,3 milliards €). La valeur de son action a atteint son plus bas niveau récent le 31 décembre 1991 à 10,94 US$, et son plus haut niveau récent le 26 avril 2024 à 130,24 US$. ConocoPhillips possède 1 177 107 000 actions en circulation. |