ConocoPhillips Stock May Be Down, but Is It Out?

ConocoPhillips' (NYSE: COP) stock is down around 15% over the past year, but don't count this independent energy producer out. Once you understand the business you might actually view today's laggard stock performance as an opportunity to buy. You just need to weigh the risks and rewards properly and figure out how ConocoPhillips can help you diversify your portfolio.ConocoPhillips operates in what is known as the upstream in the broader energy sector. That basically means that the company drills for oil and natural gas. It is a fairly large business, with six operating segments that are defined by the geographic areas in which they operate: Lower 48; Europe, Middle East, and North Africa; Asia Pacific; Alaska; Canada; and "other international." Many of its smaller competitors drill for oil and natural gas in just the U.S. market.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool