ConocoPhillips Roe vs Free Cash Flow Yield Analysis

COP Stock

USD 100.91 1.28 1.25%

ConocoPhillips financial indicator trend analysis is way more than just evaluating ConocoPhillips prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ConocoPhillips is a good investment. Please check the relationship between ConocoPhillips Roe and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.

Roe vs Free Cash Flow Yield

Roe vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ConocoPhillips Roe account and Free Cash Flow Yield. At this time, the significance of the direction appears to have strong relationship.

The correlation between ConocoPhillips' Roe and Free Cash Flow Yield is 0.72. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of ConocoPhillips, assuming nothing else is changed. The correlation between historical values of ConocoPhillips' Roe and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of ConocoPhillips are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Roe i.e., ConocoPhillips' Roe and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Roe

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from ConocoPhillips' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ConocoPhillips current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.At this time, ConocoPhillips' Selling General Administrative is relatively stable compared to the past year. As of 12/13/2024, Tax Provision is likely to grow to about 5.6 B, while Enterprise Value Over EBITDA is likely to drop 4.17.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	31.1B	48.5B	29.7B	50.8B
EBITDA	21.1B	37.1B	25.8B	17.7B

Cost Of Revenue Ebitda

ConocoPhillips fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.77	0.17	0.87	0.96	0.96	0.62	0.58	0.48	0.99	-0.62	0.08	0.86	0.83	0.94	0.63	0.46	0.46	0.98	0.39	0.79	0.15	0.85	-0.66	-0.66	0.56
Short Long Term Debt Total	0.77		-0.2	0.45	0.69	0.81	0.94	0.33	0.21	0.83	-0.24	-0.11	0.42	0.79	0.89	0.25	0.24	0.54	0.8	0.21	0.34	0.42	0.43	-0.66	-0.66	0.83
Other Current Liab	0.17	-0.2		0.38	0.18	0.06	-0.23	-0.09	-0.06	0.09	-0.48	0.01	0.38	-0.04	0.04	0.22	0.45	0.23	0.15	-0.12	0.45	-0.4	0.34	0.19	0.19	-0.33
Total Current Liabilities	0.87	0.45	0.38		0.81	0.75	0.32	0.46	0.44	0.81	-0.85	0.07	1.0	0.59	0.73	0.82	0.51	0.44	0.87	0.35	0.9	0.13	0.98	-0.37	-0.37	0.22
Total Stockholder Equity	0.96	0.69	0.18	0.81		0.97	0.49	0.71	0.6	0.94	-0.52	0.25	0.81	0.87	0.84	0.58	0.38	0.29	0.88	0.52	0.8	0.11	0.77	-0.72	-0.72	0.55
Property Plant And Equipment Net	0.96	0.81	0.06	0.75	0.97		0.64	0.64	0.49	0.97	-0.46	0.08	0.74	0.86	0.9	0.49	0.34	0.39	0.9	0.51	0.67	0.19	0.71	-0.69	-0.69	0.66
Net Debt	0.62	0.94	-0.23	0.32	0.49	0.64		0.18	-0.09	0.7	-0.2	-0.37	0.28	0.58	0.8	0.17	0.24	0.54	0.69	0.12	0.13	0.4	0.32	-0.48	-0.48	0.75
Retained Earnings	0.58	0.33	-0.09	0.46	0.71	0.64	0.18		0.71	0.57	-0.13	0.47	0.46	0.65	0.41	0.44	0.07	-0.38	0.45	0.85	0.48	0.05	0.43	-0.72	-0.72	0.51
Cash	0.48	0.21	-0.06	0.44	0.6	0.49	-0.09	0.71		0.42	-0.09	0.77	0.43	0.64	0.29	0.34	0.02	-0.17	0.36	0.54	0.59	0.12	0.38	-0.66	-0.66	0.3
Non Current Assets Total	0.99	0.83	0.09	0.81	0.94	0.97	0.7	0.57	0.42		-0.55	-0.01	0.8	0.82	0.96	0.58	0.4	0.48	0.97	0.39	0.69	0.15	0.8	-0.65	-0.65	0.63
Non Currrent Assets Other	-0.62	-0.24	-0.48	-0.85	-0.52	-0.46	-0.2	-0.13	-0.09	-0.55		0.13	-0.84	-0.3	-0.53	-0.69	-0.61	-0.42	-0.67	-0.05	-0.76	-0.03	-0.84	0.07	0.07	-0.03
Cash And Short Term Investments	0.08	-0.11	0.01	0.07	0.25	0.08	-0.37	0.47	0.77	-0.01	0.13		0.06	0.41	-0.11	0.1	-0.14	-0.41	-0.06	0.23	0.41	0.13	0.0	-0.56	-0.56	0.1
Net Receivables	0.86	0.42	0.38	1.0	0.81	0.74	0.28	0.46	0.43	0.8	-0.84	0.06		0.57	0.71	0.84	0.47	0.44	0.85	0.35	0.88	0.07	0.98	-0.34	-0.34	0.18
Common Stock Shares Outstanding	0.83	0.79	-0.04	0.59	0.87	0.86	0.58	0.65	0.64	0.82	-0.3	0.41	0.57		0.76	0.37	0.26	0.28	0.76	0.45	0.66	0.34	0.52	-0.92	-0.92	0.77
Non Current Liabilities Total	0.94	0.89	0.04	0.73	0.84	0.9	0.8	0.41	0.29	0.96	-0.53	-0.11	0.71	0.76		0.49	0.44	0.58	0.97	0.2	0.61	0.17	0.74	-0.61	-0.61	0.64
Inventory	0.63	0.25	0.22	0.82	0.58	0.49	0.17	0.44	0.34	0.58	-0.69	0.1	0.84	0.37	0.49		0.07	0.25	0.63	0.29	0.66	0.08	0.87	-0.22	-0.22	0.15
Other Current Assets	0.46	0.24	0.45	0.51	0.38	0.34	0.24	0.07	0.02	0.4	-0.61	-0.14	0.47	0.26	0.44	0.07		0.26	0.49	0.02	0.59	-0.01	0.46	-0.2	-0.2	-0.03
Other Stockholder Equity	0.46	0.54	0.23	0.44	0.29	0.39	0.54	-0.38	-0.17	0.48	-0.42	-0.41	0.44	0.28	0.58	0.25	0.26		0.57	-0.35	0.27	0.17	0.44	0.02	0.02	0.15
Total Liab	0.98	0.8	0.15	0.87	0.88	0.9	0.69	0.45	0.36	0.97	-0.67	-0.06	0.85	0.76	0.97	0.63	0.49	0.57		0.26	0.74	0.17	0.87	-0.57	-0.57	0.54
Property Plant And Equipment Gross	0.39	0.21	-0.12	0.35	0.52	0.51	0.12	0.85	0.54	0.39	-0.05	0.23	0.35	0.45	0.2	0.29	0.02	-0.35	0.26		0.27	0.16	0.28	-0.43	-0.43	0.35
Total Current Assets	0.79	0.34	0.45	0.9	0.8	0.67	0.13	0.48	0.59	0.69	-0.76	0.41	0.88	0.66	0.61	0.66	0.59	0.27	0.74	0.27		0.11	0.84	-0.52	-0.52	0.16
Short Term Debt	0.15	0.42	-0.4	0.13	0.11	0.19	0.4	0.05	0.12	0.15	-0.03	0.13	0.07	0.34	0.17	0.08	-0.01	0.17	0.17	0.16	0.11		0.03	-0.27	-0.27	0.42
Accounts Payable	0.85	0.43	0.34	0.98	0.77	0.71	0.32	0.43	0.38	0.8	-0.84	0.0	0.98	0.52	0.74	0.87	0.46	0.44	0.87	0.28	0.84	0.03		-0.31	-0.31	0.18
Common Stock Total Equity	-0.66	-0.66	0.19	-0.37	-0.72	-0.69	-0.48	-0.72	-0.66	-0.65	0.07	-0.56	-0.34	-0.92	-0.61	-0.22	-0.2	0.02	-0.57	-0.43	-0.52	-0.27	-0.31		1.0	-0.76
Common Stock	-0.66	-0.66	0.19	-0.37	-0.72	-0.69	-0.48	-0.72	-0.66	-0.65	0.07	-0.56	-0.34	-0.92	-0.61	-0.22	-0.2	0.02	-0.57	-0.43	-0.52	-0.27	-0.31	1.0		-0.76
Other Liab	0.56	0.83	-0.33	0.22	0.55	0.66	0.75	0.51	0.3	0.63	-0.03	0.1	0.18	0.77	0.64	0.15	-0.03	0.15	0.54	0.35	0.16	0.42	0.18	-0.76	-0.76

Click cells to compare fundamentals

ConocoPhillips Account Relationship Matchups

ConocoPhillips fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	70.5B	62.6B	90.7B	93.8B	95.9B	74.6B
Short Long Term Debt Total	14.9B	15.4B	19.9B	16.6B	19.6B	15.1B
Other Current Liab	3.7B	1.8B	2.7B	2.9B	1.8B	2.0B
Total Current Liabilities	7.0B	5.4B	12.0B	12.8B	10.0B	11.0B
Total Stockholder Equity	35.0B	29.8B	45.4B	48.0B	49.3B	32.3B
Property Plant And Equipment Net	42.3B	39.9B	64.9B	64.9B	70.7B	45.1B
Net Debt	9.8B	12.4B	14.9B	10.2B	14.0B	12.6B
Retained Earnings	39.7B	35.2B	40.7B	53.0B	59.3B	62.2B
Cash	5.1B	3.0B	5.0B	6.5B	5.6B	5.9B
Non Current Assets Total	53.6B	50.6B	74.6B	75.1B	81.6B	62.1B
Non Currrent Assets Other	2.6B	2.6B	2.6B	(4.2B)	1.9B	2.0B
Cash And Short Term Investments	10.2B	7.9B	6.6B	9.2B	6.6B	6.9B
Net Receivables	3.4B	2.8B	6.7B	7.1B	5.5B	5.9B
Common Stock Shares Outstanding	1.1B	1.1B	1.3B	1.3B	1.2B	1.1B
Liabilities And Stockholders Equity	70.5B	62.6B	90.7B	93.8B	95.9B	74.6B
Non Current Liabilities Total	28.4B	27.4B	33.2B	33.0B	36.6B	31.1B
Inventory	1.0B	1.0B	1.2B	1.2B	1.4B	2.0B
Other Current Assets	2.3B	454M	1.6B	1.2B	852M	1.4B
Other Stockholder Equity	578M	(164M)	9.7B	953M	(4.3B)	(4.1B)
Total Liab	35.5B	32.8B	45.3B	45.8B	46.6B	42.0B
Property Plant And Equipment Gross	42.3B	39.9B	129.6B	131.5B	144.4B	151.6B
Total Current Assets	16.9B	12.1B	16.1B	18.7B	14.3B	12.5B
Accumulated Other Comprehensive Income	(5.4B)	(5.2B)	(5.0B)	(6B)	(5.7B)	(6.0B)
Short Term Debt	105M	845M	1.4B	572M	1.3B	782.6M
Accounts Payable	3.2B	2.3B	5.0B	6.2B	5.1B	6.9B
Other Liab	13.0B	12.7B	14.5B	16.4B	18.8B	14.4B
Other Assets	2.0B	2.6B	2.6B	2.0B	2.1B	1.3B
Long Term Debt	14.8B	14.8B	18.7B	16.2B	17.9B	21.5B
Treasury Stock	(46.4B)	(47.3B)	(50.9B)	(60.2B)	(54.2B)	(51.5B)
Property Plant Equipment	42.3B	39.9B	64.9B	64.9B	74.6B	66.6B
Net Tangible Assets	35.0B	29.8B	45.4B	48.0B	43.2B	36.3B
Retained Earnings Total Equity	39.7B	35.2B	40.7B	53.0B	61.0B	42.7B
Short Term Investments	5.1B	4.9B	1.6B	2.8B	971M	1.9B
Long Term Debt Total	14.8B	14.8B	18.7B	16.2B	14.6B	16.1B
Capital Surpluse	47.0B	47.1B	60.6B	61.1B	70.3B	52.8B

Pair Trading with ConocoPhillips

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ConocoPhillips position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ConocoPhillips will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to ConocoPhillips could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConocoPhillips when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ConocoPhillips - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ConocoPhillips to buy it.

The correlation of ConocoPhillips is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ConocoPhillips moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConocoPhillips moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for ConocoPhillips can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for ConocoPhillips Stock Analysis

When running ConocoPhillips' price analysis, check to measure ConocoPhillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConocoPhillips is operating at the current time. Most of ConocoPhillips' value examination focuses on studying past and present price action to predict the probability of ConocoPhillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConocoPhillips' price. Additionally, you may evaluate how the addition of ConocoPhillips to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ConocoPhillips Roe vs Free Cash Flow Yield Analysis

Roe vs Free Cash Flow Yield

Roe vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Roe

Free Cash Flow Yield

ConocoPhillips fundamental ratios Correlations

ConocoPhillips Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ConocoPhillips fundamental ratios Accounts

Pair Trading with ConocoPhillips

Additional Tools for ConocoPhillips Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Accounts Payable	+ 0.98	Net Receivables

Common Stock	- 0.92	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.92	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.85	Total Current Liabilities
Accounts Payable	- 0.84	Non Currrent Assets Other
Net Receivables	- 0.84	Non Currrent Assets Other
Other Liab	- 0.76	Common Stock