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Stock Comparison

COP vs OXY

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$150.31B
5Y Perf.+192.4%
OXY
Occidental Petroleum Corporation

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$58.85B
5Y Perf.+367.8%

COP vs OXY — Key Financials

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

Company Snapshot
COP logoCOP
OXY logoOXY
IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & Production
Market Cap$150.31B$58.85B
Revenue (TTM)$58.31B$23.18B
Net Income (TTM)$7.32B$4.54B
Gross Margin29.2%23.6%
Operating Margin18.3%11.8%
Forward P/E14.3x14.3x
Total Debt$23.44B$23.96B
Cash & Equiv.$6.50B$1.99B

COP vs OXYLong-Term Stock Performance

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

COP
OXY
StockMay 20May 26Return
ConocoPhillips (COP)100292.4+192.4%
Occidental Petroleu… (OXY)100467.8+367.8%

Price return only. Dividends and distributions are not included.

Quick Verdict: COP vs OXY

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

Bottom line: COP leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. Occidental Petroleum Corporation is the stronger pick specifically for profitability and margin quality and dividend income and shareholder returns. As sector peers, any of these can serve as alternatives in the same allocation.
COP
ConocoPhillips
The Growth Play

COP carries the broadest edge in this set and is the clearest fit for 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 OXY's -1.4%
  • Lower volatility, beta 0.08, Low D/E 36.4%, current ratio 1.30x
Best for: growth exposure and long-term compounding
OXY
Occidental Petroleum Corporation
The Income Pick

OXY is the clearest fit if your priority is income & stability.

  • Dividend streak 4 yrs, beta -0.13, yield 2.7%
  • 19.6% margin vs COP's 12.6%
  • 2.7% yield, 4-year raise streak, vs COP's 2.6%
Best for: income & stability
See the full category breakdown
CategoryWinnerWhy
GrowthCOP logoCOP7.5% revenue growth vs OXY's -20.3%
ValueCOP logoCOPLower P/E (14.3x vs 14.3x)
Quality / MarginsOXY logoOXY19.6% margin vs COP's 12.6%
Stability / SafetyCOP logoCOPLower D/E ratio (36.4% vs 65.5%)
DividendsOXY logoOXY2.7% yield, 4-year raise streak, vs COP's 2.6%
Momentum (1Y)OXY logoOXY+55.4% vs COP's +44.5%
Efficiency (ROA)COP logoCOP6.0% ROA vs OXY's 5.4%, ROIC 10.4% vs 4.7%

COP vs OXY — 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
OXYOccidental Petroleum Corporation
FY 2025
Oil And Gas Segment
94.3%$20.9B
Midstream Segment
5.7%$1.3B

COP vs OXY — Financial Metrics

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

BEST OVERALLCOPLAGGINGOXY

Income & Cash Flow (Last 12 Months)

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

COP is the larger business by revenue, generating $58.3B annually — 2.5x OXY's $23.2B. OXY is the more profitable business, keeping 19.6% of every revenue dollar as net income compared to COP's 12.6%. On growth, COP holds the edge at -2.5% YoY revenue growth, suggesting stronger near-term business momentum.

MetricCOP logoCOPConocoPhillipsOXY logoOXYOccidental Petrol…
RevenueTrailing 12 months$58.3B$23.2B
EBITDAEarnings before interest/tax$22.4B$10.5B
Net IncomeAfter-tax profit$7.3B$4.5B
Free Cash FlowCash after capex$18.3B$2.2B
Gross MarginGross profit ÷ Revenue+29.2%+23.6%
Operating MarginEBIT ÷ Revenue+18.3%+11.8%
Net MarginNet income ÷ Revenue+12.6%+19.6%
FCF MarginFCF ÷ Revenue+31.4%+9.5%
Rev. Growth (YoY)Latest quarter vs prior year-2.5%-24.3%
EPS Growth (YoY)Latest quarter vs prior year-20.2%-100.0%
COP leads this category, winning 5 of 6 comparable metrics.

Valuation Metrics

COP leads this category, winning 4 of 6 comparable metrics.

At 19.4x trailing earnings, COP trades at a 47% valuation discount to OXY's 36.9x P/E. On an enterprise value basis, OXY's 7.1x EV/EBITDA is more attractive than COP's 7.2x.

MetricCOP logoCOPConocoPhillipsOXY logoOXYOccidental Petrol…
Market CapShares × price$150.3B$58.8B
Enterprise ValueMkt cap + debt − cash$167.3B$80.8B
Trailing P/EPrice ÷ TTM EPS19.42x36.86x
Forward P/EPrice ÷ next-FY EPS est.14.27x14.29x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple7.22x7.11x
Price / SalesMarket cap ÷ Revenue2.56x2.73x
Price / BookPrice ÷ Book value/share2.40x1.62x
Price / FCFMarket cap ÷ FCF8.96x14.34x
COP leads this category, winning 4 of 6 comparable metrics.

Profitability & Efficiency

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

OXY delivers a 16.6% return on equity — every $100 of shareholder capital generates $17 in annual profit, vs $11 for COP. COP carries lower financial leverage with a 0.36x debt-to-equity ratio, signaling a more conservative balance sheet compared to OXY's 0.65x. On the Piotroski fundamental quality scale (0–9), COP scores 6/9 vs OXY's 4/9, reflecting solid financial health.

MetricCOP logoCOPConocoPhillipsOXY logoOXYOccidental Petrol…
ROE (TTM)Return on equity+11.3%+16.6%
ROA (TTM)Return on assets+6.0%+5.4%
ROICReturn on invested capital+10.4%+4.7%
ROCEReturn on capital employed+10.4%+4.9%
Piotroski ScoreFundamental quality 0–964
Debt / EquityFinancial leverage0.36x0.65x
Net DebtTotal debt minus cash$16.9B$22.0B
Cash & Equiv.Liquid assets$6.5B$2.0B
Total DebtShort + long-term debt$23.4B$24.0B
Interest CoverageEBIT ÷ Interest expense9.42x2.88x
COP leads this category, winning 8 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

COP leads this category, winning 4 of 6 comparable metrics.

A $10,000 investment in COP five years ago would be worth $25,411 today (with dividends reinvested), compared to $23,183 for OXY. Over the past 12 months, OXY leads with a +55.4% total return vs COP's +44.5%. The 3-year compound annual growth rate (CAGR) favors COP at 9.9% vs OXY's 0.7% — a key indicator of consistent wealth creation.

MetricCOP logoCOPConocoPhillipsOXY logoOXYOccidental Petrol…
YTD ReturnYear-to-date+28.4%+40.6%
1-Year ReturnPast 12 months+44.5%+55.4%
3-Year ReturnCumulative with dividends+32.8%+2.1%
5-Year ReturnCumulative with dividends+154.1%+131.8%
10-Year ReturnCumulative with dividends+240.9%-1.4%
CAGR (3Y)Annualised 3-year return+9.9%+0.7%
COP leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — COP and OXY each lead in 1 of 2 comparable metrics.

OXY is the less volatile stock with a -0.13 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 logoCOPConocoPhillipsOXY logoOXYOccidental Petrol…
Beta (5Y)Sensitivity to S&P 5000.08x-0.13x
52-Week HighHighest price in past year$135.87$67.45
52-Week LowLowest price in past year$84.28$38.72
% of 52W HighCurrent price vs 52-week peak+90.8%+88.0%
RSI (14)Momentum oscillator 0–10052.956.4
Avg Volume (50D)Average daily shares traded9.4M16.8M
Evenly matched — COP and OXY each lead in 1 of 2 comparable metrics.

Analyst Outlook

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

Wall Street rates COP as "Buy" and OXY as "Buy". Consensus price targets imply 3.0% upside for COP (target: $127) vs -4.6% for OXY (target: $57). For income investors, OXY offers the higher dividend yield at 2.69% vs COP's 2.58%.

MetricCOP logoCOPConocoPhillipsOXY logoOXYOccidental Petrol…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$127.07$56.64
# AnalystsCovering analysts5252
Dividend YieldAnnual dividend ÷ price+2.6%+2.7%
Dividend StreakConsecutive years of raises14
Dividend / ShareAnnual DPS$3.19$1.59
Buyback YieldShare repurchases ÷ mkt cap+3.3%0.0%
OXY leads this category, winning 2 of 2 comparable metrics.
Key Takeaway

COP leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). OXY leads in 1 (Analyst Outlook). 1 tied.

Best OverallConocoPhillips (COP)Leads 4 of 6 categories
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COP vs OXY: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is COP or OXY a better buy right now?

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

5% revenue growth year-over-year, versus -20. 3% for Occidental Petroleum Corporation (OXY). ConocoPhillips (COP) offers the better valuation at 19. 4x trailing P/E (14. 3x 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 OXY?

On trailing P/E, ConocoPhillips (COP) is the cheapest at 19.

4x versus Occidental Petroleum Corporation at 36. 9x. On forward P/E, ConocoPhillips is actually cheaper at 14. 3x.

03

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

Over the past 5 years, ConocoPhillips (COP) delivered a total return of +154.

1%, compared to +131. 8% for Occidental Petroleum Corporation (OXY). Over 10 years, the gap is even starker: COP returned +240. 9% versus OXY's -1. 4%. 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 OXY?

By beta (market sensitivity over 5 years), Occidental Petroleum Corporation (OXY) is the lower-risk stock at -0.

13β versus ConocoPhillips's 0. 08β — meaning COP is approximately -159% more volatile than OXY relative to the S&P 500. On balance sheet safety, ConocoPhillips (COP) carries a lower debt/equity ratio of 36% versus 65% for Occidental Petroleum Corporation — giving it more financial flexibility in a downturn.

05

Which is growing faster — COP or OXY?

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

5% versus -20. 3% for Occidental Petroleum Corporation (OXY). On earnings-per-share growth, the picture is similar: ConocoPhillips grew EPS -18. 7% year-over-year, compared to -34. 0% for Occidental Petroleum Corporation. Over a 3-year CAGR, COP leads at -9. 3% 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 OXY?

ConocoPhillips (COP) is the more profitable company, earning 13.

6% net margin versus 11. 0% for Occidental Petroleum Corporation — meaning it keeps 13. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: COP leads at 19. 6% versus 17. 2% for OXY. At the gross margin level — before operating expenses — OXY leads at 33. 8%, 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 OXY more undervalued right now?

On forward earnings alone, ConocoPhillips (COP) trades at 14.

3x forward P/E versus 14. 3x for Occidental Petroleum Corporation — 0. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for COP: 3. 0% to $127. 07.

08

Which pays a better dividend — COP or OXY?

All stocks in this comparison pay dividends.

Occidental Petroleum Corporation (OXY) offers the highest yield at 2. 7%, versus 2. 6% for ConocoPhillips (COP).

09

Is COP or OXY better for a retirement portfolio?

For long-horizon retirement investors, Occidental Petroleum Corporation (OXY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.

13), 2. 7% yield). Both have compounded well over 10 years (OXY: -1. 4%, 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.

10

What are the main differences between COP and OXY?

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

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

OXY

Income & Dividend Stock

  • Sector: Energy
  • Market Cap > $100B
  • Net Margin > 11%
  • Dividend Yield > 1.0%
Run This Screen
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Beat Both

Find stocks that outperform COP and OXY on the metrics below

Revenue Growth>
%
(COP: -2.5% · OXY: -24.3%)
Net Margin>
%
(COP: 12.6% · OXY: 19.6%)
P/E Ratio<
x
(COP: 19.4x · OXY: 36.9x)

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