ConocoPhillips (COP)

ConocoPhillips, FCFE calculation

USD $ in millions

	12 months ended	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	Net income (loss) attributable to ConocoPhillips
	Net income attributable to noncontrolling interests
	Net noncash charges
	Working capital adjustments
	Net cash provided by operating activities
	Capital expenditures and investments
	Proceeds from asset dispositions
	Issuance of debt
	Repayment of debt
	Free cash flow to equity (FCFE)

Based on: 10-K (filing date: 2019-02-19), 10-K (filing date: 2018-02-20), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

ConocoPhillips, current P/FCFE calculation, comparison to benchmarks

No. shares of common stock outstanding
Selected Financial Data (USD $)
Free cash flow to equity (FCFE) (in millions)
FCFE per share
Current share price (P)
Ratio
P/FCFE
Benchmarks
P/FCFE, Competitors
Chevron Corp.
EOG Resources Inc.
Exxon Mobil Corp.
Occidental Petroleum Corp.
Phillips 66
P/FCFE, Sector
Oil & Gas Producers
P/FCFE, Industry
Oil & Gas

Based on: 10-K (filing date: 2019-02-19).

If company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.

Otherwise, if company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.

ConocoPhillips, historical P/FCFE calculation, comparison to benchmarks

		Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
	No. shares of common stock outstanding1
	Selected Financial Data (USD $)
	Free cash flow to equity (FCFE) (in millions)2
	FCFE per share4
	Share price1, 3
	Ratio
	P/FCFE5
	Benchmarks
	P/FCFE, Competitors
	Chevron Corp.
	EOG Resources Inc.
	Exxon Mobil Corp.
	Occidental Petroleum Corp.
	Phillips 66
	P/FCFE, Sector
	Oil & Gas Producers
	P/FCFE, Industry
	Oil & Gas

Based on: 10-K (filing date: 2019-02-19), 10-K (filing date: 2018-02-20), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-24).

2018 Calculations