Oil & Gas Exploration & Production
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5 / 10Stock Comparison
APA vs XOM vs CVX vs DVN vs COP
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Integrated
Oil & Gas Integrated
Oil & Gas Exploration & Production
Oil & Gas Exploration & Production
APA vs XOM vs CVX vs DVN vs COP — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Integrated | Oil & Gas Integrated | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production |
| Market Cap | $12.81B | $620.85B | $364.18B | $28.19B | $140.02B |
| Revenue (TTM) | $8.61B | $323.90B | $184.43B | $12.24B | $58.31B |
| Net Income (TTM) | $1.53B | $28.84B | $12.30B | $2.15B | $7.32B |
| Gross Margin | 53.9% | 21.7% | 30.4% | 21.8% | 29.2% |
| Operating Margin | 34.6% | 10.5% | 9.0% | 18.9% | 18.3% |
| Forward P/E | 6.6x | 14.8x | 15.0x | 8.6x | 13.3x |
| Total Debt | $4.81B | $43.54B | $46.74B | $8.78B | $23.44B |
| Cash & Equiv. | $516M | $10.68B | $6.47B | $1.43B | $6.50B |
APA vs XOM vs CVX vs DVN vs COP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| APA Corporation (APA) | 100 | 335.9 | +235.9% |
| Exxon Mobil Corpora… (XOM) | 100 | 322.2 | +222.2% |
| Chevron Corporation (CVX) | 100 | 199.0 | +99.0% |
| Devon Energy Corpor… (DVN) | 100 | 419.6 | +319.6% |
| ConocoPhillips (COP) | 100 | 272.4 | +172.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: APA vs XOM vs CVX vs DVN vs COP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
APA carries the broadest edge in this set and is the clearest fit for value and quality.
- Lower P/E (6.6x vs 13.3x)
- 17.8% margin vs CVX's 6.7%
- +140.6% vs COP's +34.7%
XOM lags the leaders in this set but could rank higher in a more targeted comparison.
CVX ranks third and is worth considering specifically for income & stability.
- Dividend streak 8 yrs, beta -0.05, yield 3.8%
- 3.8% yield, 8-year raise streak, vs XOM's 2.7%
DVN is the #2 pick in this set and the best alternative if growth exposure and sleep-well-at-night is your priority.
- Rev growth 10.0%, EPS growth -8.1%, 3Y rev CAGR -4.8%
- Lower volatility, beta 0.05, Low D/E 56.6%, current ratio 0.98x
- 10.0% revenue growth vs APA's -8.4%
- Beta 0.05 vs COP's 0.08
COP is the clearest fit if your priority is long-term compounding and defensive.
- 233.4% 10Y total return vs XOM's 105.0%
- Beta 0.08, yield 2.8%, current ratio 1.30x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 10.0% revenue growth vs APA's -8.4% | |
| Value | Lower P/E (6.6x vs 13.3x) | |
| Quality / Margins | 17.8% margin vs CVX's 6.7% | |
| Stability / Safety | Beta 0.05 vs COP's 0.08 | |
| Dividends | 3.8% yield, 8-year raise streak, vs XOM's 2.7% | |
| Momentum (1Y) | +140.6% vs COP's +34.7% | |
| Efficiency (ROA) | 9.1% ROA vs CVX's 4.2%, ROIC 12.3% vs 6.2% |
APA vs XOM vs CVX vs DVN vs COP — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
APA vs XOM vs CVX vs DVN vs COP — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
APA leads in 3 of 6 categories
XOM leads 1 • CVX leads 0 • DVN leads 0 • COP leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
APA leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
XOM is the larger business by revenue, generating $323.9B annually — 37.6x APA's $8.6B. APA is the more profitable business, keeping 17.8% of every revenue dollar as net income compared to CVX's 6.7%. On growth, XOM holds the edge at -1.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $8.6B | $323.9B | $184.4B | $12.2B | $58.3B |
| EBITDAEarnings before interest/tax | $5.3B | $59.9B | $37.1B | $5.0B | $22.4B |
| Net IncomeAfter-tax profit | $1.5B | $28.8B | $12.3B | $2.1B | $7.3B |
| Free Cash FlowCash after capex | $1.5B | $23.6B | $16.2B | $2.1B | $18.3B |
| Gross MarginGross profit ÷ Revenue | +53.9% | +21.7% | +30.4% | +21.8% | +29.2% |
| Operating MarginEBIT ÷ Revenue | +34.6% | +10.5% | +9.0% | +18.9% | +18.3% |
| Net MarginNet income ÷ Revenue | +17.8% | +8.9% | +6.7% | +17.6% | +12.6% |
| FCF MarginFCF ÷ Revenue | +17.2% | +7.3% | +8.8% | +16.8% | +31.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | -11.7% | -1.3% | -5.3% | -99.9% | -2.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +32.6% | -11.0% | -24.5% | -100.0% | -20.2% |
Valuation Metrics
APA leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
At 9.1x trailing earnings, APA trades at a 67% valuation discount to CVX's 27.5x P/E. On an enterprise value basis, APA's 3.2x EV/EBITDA is more attractive than XOM's 10.9x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $12.8B | $620.8B | $364.2B | $28.2B | $140.0B |
| Enterprise ValueMkt cap + debt − cash | $17.1B | $653.7B | $404.5B | $35.5B | $157.0B |
| Trailing P/EPrice ÷ TTM EPS | 9.08x | 21.86x | 27.53x | 10.80x | 18.09x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.58x | 14.79x | 15.02x | 8.62x | 13.29x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 3.24x | 10.91x | 10.89x | 4.79x | 6.77x |
| Price / SalesMarket cap ÷ Revenue | 1.44x | 1.92x | 1.97x | 1.65x | 2.38x |
| Price / BookPrice ÷ Book value/share | 1.86x | 2.37x | 1.76x | 1.84x | 2.23x |
| Price / FCFMarket cap ÷ FCF | 7.20x | 26.29x | 21.95x | 9.04x | 8.35x |
Profitability & Efficiency
APA leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
APA delivers a 21.8% return on equity — every $100 of shareholder capital generates $22 in annual profit, vs $7 for CVX. XOM carries lower financial leverage with a 0.16x debt-to-equity ratio, signaling a more conservative balance sheet compared to APA's 0.69x. On the Piotroski fundamental quality scale (0–9), COP scores 6/9 vs XOM's 3/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +21.8% | +10.7% | +7.2% | +18.6% | +11.3% |
| ROA (TTM)Return on assets | +8.4% | +6.4% | +4.2% | +9.1% | +6.0% |
| ROICReturn on invested capital | +17.8% | +8.6% | +6.2% | +12.3% | +10.4% |
| ROCEReturn on capital employed | +16.7% | +8.9% | +6.6% | +13.8% | +10.4% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 | 5 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.69x | 0.16x | 0.24x | 0.57x | 0.36x |
| Net DebtTotal debt minus cash | $4.3B | $32.9B | $40.3B | $7.3B | $16.9B |
| Cash & Equiv.Liquid assets | $516M | $10.7B | $6.5B | $1.4B | $6.5B |
| Total DebtShort + long-term debt | $4.8B | $43.5B | $46.7B | $8.8B | $23.4B |
| Interest CoverageEBIT ÷ Interest expense | 14.22x | 69.44x | 17.22x | 7.98x | 9.42x |
Total Returns (Dividends Reinvested)
XOM leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in XOM five years ago would be worth $26,464 today (with dividends reinvested), compared to $18,737 for APA. Over the past 12 months, APA leads with a +140.6% total return vs COP's +34.7%. The 3-year compound annual growth rate (CAGR) favors XOM at 13.2% vs DVN's -0.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +44.9% | +20.3% | +18.2% | +20.4% | +19.7% |
| 1-Year ReturnPast 12 months | +140.6% | +43.9% | +39.5% | +52.9% | +34.7% |
| 3-Year ReturnCumulative with dividends | +18.6% | +44.9% | +26.7% | -2.0% | +23.7% |
| 5-Year ReturnCumulative with dividends | +87.4% | +164.6% | +94.0% | +120.1% | +131.9% |
| 10-Year ReturnCumulative with dividends | -15.0% | +105.0% | +135.8% | +99.0% | +233.4% |
| CAGR (3Y)Annualised 3-year return | +5.9% | +13.2% | +8.2% | -0.7% | +7.3% |
Risk & Volatility
Evenly matched — XOM and DVN each lead in 1 of 2 comparable metrics.
Risk & Volatility
XOM is the less volatile stock with a -0.15 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. DVN currently trades 86.0% from its 52-week high vs APA's 79.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.02x | -0.15x | -0.05x | 0.05x | 0.08x |
| 52-Week HighHighest price in past year | $45.66 | $176.41 | $214.71 | $52.71 | $135.87 |
| 52-Week LowLowest price in past year | $15.20 | $101.19 | $133.77 | $29.70 | $84.28 |
| % of 52W HighCurrent price vs 52-week peak | +79.4% | +83.0% | +85.0% | +86.0% | +84.6% |
| RSI (14)Momentum oscillator 0–100 | 48.3 | 42.4 | 42.1 | 43.5 | 43.4 |
| Avg Volume (50D)Average daily shares traded | 9.1M | 18.9M | 11.0M | 15.3M | 9.6M |
Analyst Outlook
Evenly matched — XOM and CVX each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: APA as "Hold", XOM as "Hold", CVX as "Buy", DVN as "Buy", COP as "Buy". Consensus price targets imply 18.6% upside for DVN (target: $54) vs -10.4% for APA (target: $32). For income investors, CVX offers the higher dividend yield at 3.76% vs DVN's 2.17%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $32.46 | $160.43 | $190.93 | $53.78 | $127.07 |
| # AnalystsCovering analysts | 51 | 55 | 53 | 64 | 52 |
| Dividend YieldAnnual dividend ÷ price | +2.8% | +2.7% | +3.8% | +2.2% | +2.8% |
| Dividend StreakConsecutive years of raises | 4 | 26 | 8 | 0 | 1 |
| Dividend / ShareAnnual DPS | $1.00 | $4.00 | $6.87 | $0.98 | $3.19 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.2% | +3.3% | +3.3% | +3.7% | +3.6% |
APA leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). XOM leads in 1 (Total Returns). 2 tied.
APA vs XOM vs CVX vs DVN vs COP: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is APA or XOM or CVX or DVN or COP a better buy right now?
For growth investors, Devon Energy Corporation (DVN) is the stronger pick with 10.
0% revenue growth year-over-year, versus -8. 4% for APA Corporation (APA). APA Corporation (APA) offers the better valuation at 9. 1x trailing P/E (6. 6x forward), making it the more compelling value choice. Analysts rate Chevron Corporation (CVX) a "Buy" — based on 53 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.
02Which has the better valuation — APA or XOM or CVX or DVN or COP?
On trailing P/E, APA Corporation (APA) is the cheapest at 9.
1x versus Chevron Corporation at 27. 5x. On forward P/E, APA Corporation is actually cheaper at 6. 6x.
03Which is the better long-term investment — APA or XOM or CVX or DVN or COP?
Over the past 5 years, Exxon Mobil Corporation (XOM) delivered a total return of +164.
6%, compared to +87. 4% for APA Corporation (APA). Over 10 years, the gap is even starker: COP returned +233. 4% versus APA's -15. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — APA or XOM or CVX or DVN or COP?
By beta (market sensitivity over 5 years), Exxon Mobil Corporation (XOM) is the lower-risk stock at -0.
15β versus ConocoPhillips's 0. 08β — meaning COP is approximately -154% more volatile than XOM relative to the S&P 500. On balance sheet safety, Exxon Mobil Corporation (XOM) carries a lower debt/equity ratio of 16% versus 69% for APA Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — APA or XOM or CVX or DVN or COP?
By revenue growth (latest reported year), Devon Energy Corporation (DVN) is pulling ahead at 10.
0% versus -8. 4% for APA Corporation (APA). On earnings-per-share growth, the picture is similar: APA Corporation grew EPS 75. 0% year-over-year, compared to -31. 8% for Chevron Corporation. Over a 3-year CAGR, DVN leads at -4. 8% 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.
06Which has better profit margins — APA or XOM or CVX or DVN or COP?
APA Corporation (APA) is the more profitable company, earning 16.
1% net margin versus 6. 7% for Chevron Corporation — meaning it keeps 16. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: APA leads at 30. 8% versus 9. 0% for CVX. At the gross margin level — before operating expenses — APA leads at 37. 3%, 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.
07Is APA or XOM or CVX or DVN or COP more undervalued right now?
On forward earnings alone, APA Corporation (APA) trades at 6.
6x forward P/E versus 15. 0x for Chevron Corporation — 8. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for DVN: 18. 6% to $53. 78.
08Which pays a better dividend — APA or XOM or CVX or DVN or COP?
All stocks in this comparison pay dividends.
Chevron Corporation (CVX) offers the highest yield at 3. 8%, versus 2. 2% for Devon Energy Corporation (DVN).
09Is APA or XOM or CVX or DVN or COP better for a retirement portfolio?
For long-horizon retirement investors, Exxon Mobil Corporation (XOM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
15), 2. 7% yield, +105. 0% 10Y return). Both have compounded well over 10 years (XOM: +105. 0%, APA: -15. 0%), 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.
10What are the main differences between APA and XOM and CVX and DVN and COP?
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: APA is a mid-cap deep-value stock; XOM is a large-cap quality compounder stock; CVX is a large-cap income-oriented stock; DVN is a mid-cap deep-value stock; COP is a mid-cap quality compounder 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.
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