Oil & Gas Exploration & Production
Compare Stocks
2 / 10Stock Comparison
COP vs EOG
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Exploration & Production
COP vs EOG — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production |
| Market Cap | $150.31B | $75.44B |
| Revenue (TTM) | $58.31B | $23.48B |
| Net Income (TTM) | $7.32B | $5.50B |
| Gross Margin | 29.2% | 48.5% |
| Operating Margin | 18.3% | 36.9% |
| Forward P/E | 14.3x | 9.8x |
| Total Debt | $23.44B | $8.41B |
| Cash & Equiv. | $6.50B | $3.40B |
COP vs EOG — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| ConocoPhillips (COP) | 100 | 292.4 | +192.4% |
| EOG Resources, Inc. (EOG) | 100 | 276.3 | +176.3% |
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.
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%
- 240.9% 10Y total return vs EOG's 113.7%
- 7.5% revenue growth vs EOG's -3.5%
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 2.8%
- Lower volatility, beta -0.07, Low D/E 28.2%, current ratio 1.92x
- Beta -0.07, yield 2.8%, current ratio 1.92x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.5% revenue growth vs EOG's -3.5% | |
| Value | Lower P/E (9.8x vs 14.3x) | |
| Quality / Margins | 23.4% margin vs COP's 12.6% | |
| Stability / Safety | Lower D/E ratio (28.2% vs 36.4%) | |
| Dividends | 2.8% yield, 1-year raise streak, vs COP's 2.6% | |
| Momentum (1Y) | +44.5% vs EOG's +33.5% | |
| Efficiency (ROA) | 10.8% 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
COP vs EOG — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
EOG leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
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.
| Metric | ||
|---|---|---|
| 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% | +48.5% |
| 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% |
Valuation Metrics
Evenly matched — COP and EOG each lead in 3 of 6 comparable metrics.
Valuation Metrics
At 15.5x trailing earnings, EOG trades at a 20% valuation discount to COP's 19.4x P/E. On an enterprise value basis, EOG's 6.3x EV/EBITDA is more attractive than COP's 7.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $150.3B | $75.4B |
| Enterprise ValueMkt cap + debt − cash | $167.3B | $80.5B |
| Trailing P/EPrice ÷ TTM EPS | 19.42x | 15.46x |
| Forward P/EPrice ÷ next-FY EPS est. | 14.27x | 9.81x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 7.22x | 6.35x |
| Price / SalesMarket cap ÷ Revenue | 2.56x | 3.34x |
| Price / BookPrice ÷ Book value/share | 2.40x | 2.55x |
| Price / FCFMarket cap ÷ FCF | 8.96x | 19.20x |
Profitability & Efficiency
EOG leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
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.
| Metric | ||
|---|---|---|
| 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 0–9 | 6 | 4 |
| Debt / EquityFinancial leverage | 0.36x | 0.28x |
| 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 expense | 9.42x | 1.66x |
Total Returns (Dividends Reinvested)
Evenly matched — COP and EOG each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in COP five years ago would be worth $25,411 today (with dividends reinvested), compared to $21,991 for EOG. Over the past 12 months, COP leads with a +44.5% total return vs EOG's +33.5%. The 3-year compound annual growth rate (CAGR) favors EOG at 10.4% vs COP's 9.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +28.4% | +33.2% |
| 1-Year ReturnPast 12 months | +44.5% | +33.5% |
| 3-Year ReturnCumulative with dividends | +32.8% | +34.5% |
| 5-Year ReturnCumulative with dividends | +154.1% | +119.9% |
| 10-Year ReturnCumulative with dividends | +240.9% | +113.7% |
| CAGR (3Y)Annualised 3-year return | +9.9% | +10.4% |
Risk & Volatility
EOG leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
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.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.08x | -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 | +90.8% | +92.7% |
| RSI (14)Momentum oscillator 0–100 | 52.9 | 60.8 |
| Avg Volume (50D)Average daily shares traded | 9.4M | 4.8M |
Analyst Outlook
EOG leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates COP as "Buy" and EOG as "Buy". Consensus price targets imply 3.0% upside for COP (target: $127) vs -2.1% for EOG (target: $138). For income investors, EOG offers the higher dividend yield at 2.85% vs COP's 2.58%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $127.07 | $137.93 |
| # AnalystsCovering analysts | 52 | 66 |
| Dividend YieldAnnual dividend ÷ price | +2.6% | +2.8% |
| Dividend StreakConsecutive years of raises | 1 | 1 |
| Dividend / ShareAnnual DPS | $3.19 | $4.01 |
| Buyback YieldShare repurchases ÷ mkt cap | +3.3% | +3.4% |
EOG leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 2 categories are tied.
COP vs EOG: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is 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 15. 5x trailing P/E (9. 8x 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.
02Which has the better valuation — COP or EOG?
On trailing P/E, EOG Resources, Inc.
(EOG) is the cheapest at 15. 5x versus ConocoPhillips at 19. 4x. On forward P/E, EOG Resources, Inc. is actually cheaper at 9. 8x.
03Which is the better long-term investment — COP or EOG?
Over the past 5 years, ConocoPhillips (COP) delivered a total return of +154.
1%, compared to +119. 9% for EOG Resources, Inc. (EOG). Over 10 years, the gap is even starker: COP returned +240. 9% versus EOG's +113. 7%. 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 — 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.
05Which 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.
06Which 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.
07Is COP or EOG more undervalued right now?
On forward earnings alone, EOG Resources, Inc.
(EOG) trades at 9. 8x forward P/E versus 14. 3x for ConocoPhillips — 4. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for COP: 3. 0% to $127. 07.
08Which pays a better dividend — COP or EOG?
All stocks in this comparison pay dividends.
EOG Resources, Inc. (EOG) offers the highest yield at 2. 8%, versus 2. 6% for ConocoPhillips (COP).
09Is 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), 2. 8% yield, +113. 7% 10Y return). Both have compounded well over 10 years (EOG: +113. 7%, COP: +240. 9%), 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 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.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.