Oil prices are at their highest levels in three years, and that means that oil companies -- both producers like ConocoPhillips (NYSE: COP) and integrated majors like BP (NYSE: BP) -- are rolling in the dough right now, in part because of cost-cutting during the price downturn.And if energy prices stay at these levels, investors should be rewarded handsomely.But even though a proverbial rising tide may lift all boats (not to mention offshore oil rigs), some companies within a hot sector are going to outperform others.Let's look at ConocoPhillips and BP to see which one is likely to benefit most from the current energy industry climate -- and why.Continue reading