ConocoPhillips (COP) is a leading independent exploration and production company with a market cap of $107 billion, focusing on crude oil, natural gas, and natural gas liquids. Despite a 20.1% dip from its 52-week high, the stock has outperformed the SPDR S&P Oil & Gas Exploration & Production ETF in the last three months.

Over the long term, ConocoPhillips has declined 12.2% year-to-date, underperforming its industry peers. The stock has fallen 18.4% in the past 52 weeks, trading below its moving averages since early October. On Nov. 21, COP declined over 1% due to a drop in WTI crude oil prices.

ConocoPhillips’ stock performance has lagged behind The Williams Companies, Inc. (WMB), which has seen a 3.2% rise in the past 52 weeks and an 11.3% increase year-to-date. Investor concerns about energy demand and market volatility have put pressure on ConocoPhillips and other upstream producers tied to crude price movements.

Read more at Yahoo Finance: How Is ConocoPhillips’s Stock Performance Compared to Other Oil & Gas E&P Stocks?