NEW YORK (TheStreet) -- Shares of ConocoPhillips are trading higher by 2.85% to $63.16 in late afternoon Friday, as oil and energy related stocks advance along with the price of the commodity, getting a boost partly by a bullish report on consumer sentiment, Reuters reports. Brent crude spiked above $50 a barrel, after the University of Michigan released a report showing consumer sentiment at its highest level in more than a decade due to low gasoline prices and job gains, Reuters added. Also, oil prices are soaring as the International Energy Agency is anticipating an end to the sell-off, according to Reuters. Must Read: Warren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Brent crude futures for March delivery is surging 3.31% to $49.87 a barrel as of 3:01 p.m. ET today, while WTI crude was trading up 4.65% to $48.40 a barrel. Houston, TX-based ConocoPhillips is an independent exploration and production company, based on proved reserves and production of liquids and natural gas. Separately, TheStreet Ratings team rates CONOCOPHILLIPS as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation: "We rate CONOCOPHILLIPS (COP) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, good cash flow from operations, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity." Highlights from the analysis by TheStreet Ratings Team goes as follows: 40.09% is the gross profit margin for CONOCOPHILLIPS which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 22.38% significantly outperformed against the industry average. Net operating cash flow has increased to $4,180.00 million or 12.82% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -1.95%. The current debt-to-equity ratio, 0.38, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.94 is somewhat weak and could be cause for future problems. The net income growth from the same quarter one year ago has exceeded that of the Oil, Gas & Consumable Fuels industry average, but is less than that of the S&P 500. The net income increased by 9.0% when compared to the same quarter one year prior, going from $2,480.00 million to $2,704.00 million. You can view the full analysis from the report here: COP Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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