In this part, we’ll discuss ConocoPhillips (COP), Occidental Petroleum (OXY), Devon Energy (DVN), EOG Resources (EOG), and Anadarko Petroleum’s (APC) YoY (year-over-year) stock performances. They were the top five upstream stocks with the highest revenues in the first quarter, as we saw in Part 1.
Outliers and underperformers
The above chart shows that ConocoPhillips (COP) was the outlier among its peers. ConocoPhillips has risen ~50.6% YoY, while Occidental Petroleum has risen ~42% YoY.
Notably, Devon Energy (DVN) has underperformed its peers. The company’s stock has increased ~11.2% YoY.
Next, we’ll discuss the top five companies that reported the highest adjusted EPS (earnings per share) in the first quarter.