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Stock Comparison

COP vs EOG

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
COP
ConocoPhillips

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$144.92B
5Y Perf.+181.9%
EOG
EOG Resources, Inc.

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$72.16B
5Y Perf.+164.3%

COP vs EOG — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
COP logoCOP
EOG logoEOG
IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & Production
Market Cap$144.92B$72.16B
Revenue (TTM)$58.31B$23.48B
Net Income (TTM)$7.32B$5.50B
Gross Margin29.2%71.3%
Operating Margin18.3%36.9%
Forward P/E13.8x9.4x
Total Debt$23.44B$8.41B
Cash & Equiv.$6.50B$3.40B

COP vs EOGLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

COP
EOG
StockMay 20May 26Return
ConocoPhillips (COP)100281.9+181.9%
EOG Resources, Inc. (EOG)100264.3+164.3%

Price return only. Dividends and distributions are not included.

Quick Verdict: COP vs EOG

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: EOG leads in 5 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. ConocoPhillips is the stronger pick specifically for growth and revenue expansion and recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
COP
ConocoPhillips
The Growth Play

COP is the clearest fit if your priority is growth exposure and long-term compounding.

  • Rev growth 7.5%, EPS growth -18.7%, 3Y rev CAGR -9.3%
  • 234.2% 10Y total return vs EOG's 112.9%
  • 7.5% revenue growth vs EOG's -3.5%
Best for: growth exposure and long-term compounding
EOG
EOG Resources, Inc.
The Income Pick

EOG carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.

  • Dividend streak 1 yrs, beta -0.07, yield 3.0%
  • Lower volatility, beta -0.07, Low D/E 28.2%, current ratio 1.92x
  • Beta -0.07, yield 3.0%, current ratio 1.92x
Best for: income & stability and sleep-well-at-night
See the full category breakdown
CategoryWinnerWhy
GrowthCOP logoCOP7.5% revenue growth vs EOG's -3.5%
ValueEOG logoEOGLower P/E (9.4x vs 13.8x)
Quality / MarginsEOG logoEOG23.4% margin vs COP's 12.6%
Stability / SafetyEOG logoEOGLower D/E ratio (28.2% vs 36.4%)
DividendsEOG logoEOG3.0% yield, 1-year raise streak, vs COP's 2.7%
Momentum (1Y)COP logoCOP+39.4% vs EOG's +27.6%
Efficiency (ROA)EOG logoEOG10.8% ROA vs COP's 6.0%, ROIC 19.1% vs 10.4%

COP vs EOG — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

COPConocoPhillips
FY 2025
Crude oil product line
75.7%$39.1B
Natural Gas Product Line
17.1%$8.9B
Natural Gas Liquids
7.2%$3.7B
EOGEOG Resources, Inc.
FY 2025
Oil and Condensate
61.6%$12.5B
Natural Gas, Gathering, Transportation, Marketing and Processing
24.2%$4.9B
Natural Gas, Production
13.8%$2.8B
Other, Net
0.4%$72M

COP vs EOG — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLEOGLAGGINGCOP

Income & Cash Flow (Last 12 Months)

EOG leads this category, winning 5 of 6 comparable metrics.

COP is the larger business by revenue, generating $58.3B annually — 2.5x EOG's $23.5B. EOG is the more profitable business, keeping 23.4% of every revenue dollar as net income compared to COP's 12.6%. On growth, EOG holds the edge at +15.7% YoY revenue growth, suggesting stronger near-term business momentum.

MetricCOP logoCOPConocoPhillipsEOG logoEOGEOG Resources, In…
RevenueTrailing 12 months$58.3B$23.5B
EBITDAEarnings before interest/tax$22.4B$13.6B
Net IncomeAfter-tax profit$7.3B$5.5B
Free Cash FlowCash after capex$18.3B$4.2B
Gross MarginGross profit ÷ Revenue+29.2%+71.3%
Operating MarginEBIT ÷ Revenue+18.3%+36.9%
Net MarginNet income ÷ Revenue+12.6%+23.4%
FCF MarginFCF ÷ Revenue+31.4%+18.0%
Rev. Growth (YoY)Latest quarter vs prior year-2.5%+15.7%
EPS Growth (YoY)Latest quarter vs prior year-20.2%+39.6%
EOG leads this category, winning 5 of 6 comparable metrics.

Valuation Metrics

Evenly matched — COP and EOG each lead in 3 of 6 comparable metrics.

At 14.8x trailing earnings, EOG trades at a 21% valuation discount to COP's 18.7x P/E. On an enterprise value basis, EOG's 6.1x EV/EBITDA is more attractive than COP's 7.0x.

MetricCOP logoCOPConocoPhillipsEOG logoEOGEOG Resources, In…
Market CapShares × price$144.9B$72.2B
Enterprise ValueMkt cap + debt − cash$161.9B$77.2B
Trailing P/EPrice ÷ TTM EPS18.72x14.78x
Forward P/EPrice ÷ next-FY EPS est.13.76x9.38x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple6.98x6.09x
Price / SalesMarket cap ÷ Revenue2.47x3.20x
Price / BookPrice ÷ Book value/share2.31x2.43x
Price / FCFMarket cap ÷ FCF8.64x18.36x
Evenly matched — COP and EOG each lead in 3 of 6 comparable metrics.

Profitability & Efficiency

EOG leads this category, winning 8 of 9 comparable metrics.

EOG delivers a 18.3% return on equity — every $100 of shareholder capital generates $18 in annual profit, vs $11 for COP. EOG carries lower financial leverage with a 0.28x debt-to-equity ratio, signaling a more conservative balance sheet compared to COP's 0.36x. On the Piotroski fundamental quality scale (0–9), COP scores 6/9 vs EOG's 4/9, reflecting solid financial health.

MetricCOP logoCOPConocoPhillipsEOG logoEOGEOG Resources, In…
ROE (TTM)Return on equity+11.3%+18.3%
ROA (TTM)Return on assets+6.0%+10.8%
ROICReturn on invested capital+10.4%+19.1%
ROCEReturn on capital employed+10.4%+17.6%
Piotroski ScoreFundamental quality 0–964
Debt / EquityFinancial leverage0.36x0.28x
Net DebtTotal debt minus cash$16.9B$5.0B
Cash & Equiv.Liquid assets$6.5B$3.4B
Total DebtShort + long-term debt$23.4B$8.4B
Interest CoverageEBIT ÷ Interest expense9.42x30.26x
EOG leads this category, winning 8 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — COP and EOG each lead in 3 of 6 comparable metrics.

A $10,000 investment in COP five years ago would be worth $24,499 today (with dividends reinvested), compared to $21,118 for EOG. Over the past 12 months, COP leads with a +39.4% total return vs EOG's +27.6%. The 3-year compound annual growth rate (CAGR) favors EOG at 8.8% vs COP's 8.5% — a key indicator of consistent wealth creation.

MetricCOP logoCOPConocoPhillipsEOG logoEOGEOG Resources, In…
YTD ReturnYear-to-date+23.8%+27.5%
1-Year ReturnPast 12 months+39.4%+27.6%
3-Year ReturnCumulative with dividends+27.7%+28.9%
5-Year ReturnCumulative with dividends+145.0%+111.2%
10-Year ReturnCumulative with dividends+234.2%+112.9%
CAGR (3Y)Annualised 3-year return+8.5%+8.8%
Evenly matched — COP and EOG each lead in 3 of 6 comparable metrics.

Risk & Volatility

EOG leads this category, winning 2 of 2 comparable metrics.

EOG is the less volatile stock with a -0.07 beta — it tends to amplify market swings less than COP's 0.08 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricCOP logoCOPConocoPhillipsEOG logoEOGEOG Resources, In…
Beta (5Y)Sensitivity to S&P 5000.08x-0.07x
52-Week HighHighest price in past year$135.87$151.87
52-Week LowLowest price in past year$84.28$101.59
% of 52W HighCurrent price vs 52-week peak+87.5%+88.7%
RSI (14)Momentum oscillator 0–10050.259.0
Avg Volume (50D)Average daily shares traded9.6M4.8M
EOG leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

EOG leads this category, winning 1 of 1 comparable metric.

Wall Street rates COP as "Buy" and EOG as "Buy". Consensus price targets imply 6.9% upside for COP (target: $127) vs 2.4% for EOG (target: $138). For income investors, EOG offers the higher dividend yield at 2.98% vs COP's 2.68%.

MetricCOP logoCOPConocoPhillipsEOG logoEOGEOG Resources, In…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$127.07$137.93
# AnalystsCovering analysts5266
Dividend YieldAnnual dividend ÷ price+2.7%+3.0%
Dividend StreakConsecutive years of raises11
Dividend / ShareAnnual DPS$3.19$4.01
Buyback YieldShare repurchases ÷ mkt cap+3.5%+3.6%
EOG leads this category, winning 1 of 1 comparable metric.
Key Takeaway

EOG leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 2 categories are tied.

Best OverallEOG Resources, Inc. (EOG)Leads 4 of 6 categories
Loading custom metrics...

COP vs EOG: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is COP or EOG a better buy right now?

For growth investors, ConocoPhillips (COP) is the stronger pick with 7.

5% revenue growth year-over-year, versus -3. 5% for EOG Resources, Inc. (EOG). EOG Resources, Inc. (EOG) offers the better valuation at 14. 8x trailing P/E (9. 4x forward), making it the more compelling value choice. Analysts rate ConocoPhillips (COP) a "Buy" — based on 52 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — COP or EOG?

On trailing P/E, EOG Resources, Inc.

(EOG) is the cheapest at 14. 8x versus ConocoPhillips at 18. 7x. On forward P/E, EOG Resources, Inc. is actually cheaper at 9. 4x.

03

Which is the better long-term investment — COP or EOG?

Over the past 5 years, ConocoPhillips (COP) delivered a total return of +145.

0%, compared to +111. 2% for EOG Resources, Inc. (EOG). Over 10 years, the gap is even starker: COP returned +234. 2% versus EOG's +112. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — COP or EOG?

By beta (market sensitivity over 5 years), EOG Resources, Inc.

(EOG) is the lower-risk stock at -0. 07β versus ConocoPhillips's 0. 08β — meaning COP is approximately -207% more volatile than EOG relative to the S&P 500. On balance sheet safety, EOG Resources, Inc. (EOG) carries a lower debt/equity ratio of 28% versus 36% for ConocoPhillips — giving it more financial flexibility in a downturn.

05

Which is growing faster — COP or EOG?

By revenue growth (latest reported year), ConocoPhillips (COP) is pulling ahead at 7.

5% versus -3. 5% for EOG Resources, Inc. (EOG). On earnings-per-share growth, the picture is similar: ConocoPhillips grew EPS -18. 7% year-over-year, compared to -19. 0% for EOG Resources, Inc.. Over a 3-year CAGR, EOG leads at -8. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — COP or EOG?

EOG Resources, Inc.

(EOG) is the more profitable company, earning 22. 1% net margin versus 13. 6% for ConocoPhillips — meaning it keeps 22. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EOG leads at 35. 1% versus 19. 6% for COP. At the gross margin level — before operating expenses — EOG leads at 68. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is COP or EOG more undervalued right now?

On forward earnings alone, EOG Resources, Inc.

(EOG) trades at 9. 4x forward P/E versus 13. 8x for ConocoPhillips — 4. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for COP: 6. 9% to $127. 07.

08

Which pays a better dividend — COP or EOG?

All stocks in this comparison pay dividends.

EOG Resources, Inc. (EOG) offers the highest yield at 3. 0%, versus 2. 7% for ConocoPhillips (COP).

09

Is COP or EOG better for a retirement portfolio?

For long-horizon retirement investors, EOG Resources, Inc.

(EOG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0. 07), 3. 0% yield, +112. 9% 10Y return). Both have compounded well over 10 years (EOG: +112. 9%, COP: +234. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between COP and EOG?

Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: COP is a mid-cap quality compounder stock; EOG is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.

Stocks Like

COP

Income & Dividend Stock

  • Sector: Energy
  • Market Cap > $100B
  • Net Margin > 7%
  • Dividend Yield > 1.0%
Run This Screen
Stocks Like

EOG

High-Growth Quality Leader

  • Sector: Energy
  • Market Cap > $100B
  • Revenue Growth > 7%
  • Net Margin > 14%
Run This Screen
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Beat Both

Find stocks that outperform COP and EOG on the metrics below

Revenue Growth>
%
(COP: -2.5% · EOG: 15.7%)
Net Margin>
%
(COP: 12.6% · EOG: 23.4%)
P/E Ratio<
x
(COP: 18.7x · EOG: 14.8x)

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