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ConocoPhillips (ConocoPhillips) Cyclically Adjusted Revenue per Share : $38.21 (As of Dec. 2023)


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What is ConocoPhillips Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

ConocoPhillips's adjusted revenue per share for the three months ended in Dec. 2023 was $12.381. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $38.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ConocoPhillips's average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -0.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -4.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of ConocoPhillips was 19.00% per year. The lowest was -17.50% per year. And the median was 0.85% per year.

As of today (2024-04-28), ConocoPhillips's current stock price is $130.24. ConocoPhillips's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $38.21. ConocoPhillips's Cyclically Adjusted PS Ratio of today is 3.41.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ConocoPhillips was 3.51. The lowest was 0.40. And the median was 1.12.


ConocoPhillips Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ConocoPhillips's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ConocoPhillips Cyclically Adjusted Revenue per Share Chart

ConocoPhillips Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.58 38.52 35.52 38.03 38.21

ConocoPhillips Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.03 38.40 38.42 38.50 38.21

Competitive Comparison of ConocoPhillips's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, ConocoPhillips's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ConocoPhillips's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ConocoPhillips's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ConocoPhillips's Cyclically Adjusted PS Ratio falls into.



ConocoPhillips Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, ConocoPhillips's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.381/129.4194*129.4194
=12.381

Current CPI (Dec. 2023) = 129.4194.

ConocoPhillips Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.405 99.695 16.104
201406 11.100 100.560 14.286
201409 9.684 100.428 12.480
201412 9.016 99.070 11.778
201503 6.195 99.621 8.048
201506 6.682 100.684 8.589
201509 5.846 100.392 7.536
201512 5.060 99.792 6.562
201603 4.115 100.470 5.301
201606 4.296 101.688 5.468
201609 5.149 101.861 6.542
201612 5.463 101.863 6.941
201703 6.021 102.862 7.576
201706 5.483 103.349 6.866
201709 5.503 104.136 6.839
201712 6.812 104.011 8.476
201803 7.415 105.290 9.114
201806 7.200 106.317 8.765
201809 8.058 106.507 9.792
201812 8.334 105.998 10.175
201903 7.981 107.251 9.631
201906 7.030 108.070 8.419
201909 6.967 108.329 8.323
201912 7.001 108.420 8.357
202003 5.678 108.902 6.748
202006 2.551 108.767 3.035
202009 4.071 109.815 4.798
202012 5.115 109.897 6.024
202103 7.543 111.754 8.735
202106 7.062 114.631 7.973
202109 8.475 115.734 9.477
202112 11.449 117.630 12.597
202203 13.586 121.301 14.495
202206 16.330 125.017 16.905
202209 16.555 125.227 17.109
202212 14.932 125.222 15.433
202303 12.107 127.348 12.304
202306 10.205 128.729 10.260
202309 11.878 129.860 11.838
202312 12.381 129.419 12.381

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


ConocoPhillips  (NYSE:COP) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

ConocoPhillips's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=130.24/38.21
=3.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ConocoPhillips was 3.51. The lowest was 0.40. And the median was 1.12.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


ConocoPhillips Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of ConocoPhillips's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ConocoPhillips (ConocoPhillips) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ConocoPhillips (NYSE:COP) » Definitions » Cyclically Adjusted Revenue per Share
Address
925 North Eldridge Parkway, Houston, TX, USA, 77079
ConocoPhillips is a U.S.-based independent exploration and production firm. In 2022, it produced 1.2 million barrels per day of oil and natural gas liquids and 3.1 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2022 were 6.6 billion barrels of oil equivalent.
Executives
Timothy A Leach director, officer: Executive Vice President 7220 MEADOW ROAD, DALLAS TX 75230
Andrew D Lundquist officer: SVP 5205 N O'CONNOR BLVD, SUITE 200, IRVING TX 75039
Sharmila Mulligan director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Ryan Michael Lance officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
C William Giraud officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Kirk L. Johnson officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Caroline Maury Devine director ATLANTIC COAST AIRLINES INC, 45200 BUSINESS COURT, DULLES VA 20166
R A Walker director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Nicholas G Olds officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Christopher P. Delk officer: Vice President, Controller SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Kelly Brunetti Rose officer: SVP & General Counsel SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Andrew M. O'brien officer: Senior Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Dennis V Arriola director 162 CANCO ROAD, PORTLAND ME 04103
Jody Freeman director SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Jack F Harper officer: Executive Vice President SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084

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