Oil & Gas Integrated
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CVX vs XOM vs COP vs BP
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Integrated
Oil & Gas Exploration & Production
Oil & Gas Integrated
CVX vs XOM vs COP vs BP — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Oil & Gas Integrated | Oil & Gas Integrated | Oil & Gas Exploration & Production | Oil & Gas Integrated |
| Market Cap | $384.42B | $656.38B | $150.31B | $121.38B |
| Revenue (TTM) | $184.43B | $323.90B | $58.31B | $194.60B |
| Net Income (TTM) | $12.30B | $28.84B | $7.32B | $3.20B |
| Gross Margin | 30.4% | 21.7% | 29.2% | 19.3% |
| Operating Margin | 9.0% | 10.5% | 18.3% | 10.7% |
| Forward P/E | 15.9x | 15.6x | 14.3x | 9.1x |
| Total Debt | $46.74B | $43.54B | $23.44B | $84.27B |
| Cash & Equiv. | $6.47B | $10.68B | $6.50B | $36.56B |
CVX vs XOM vs COP vs BP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Chevron Corporation (CVX) | 100 | 210.1 | +110.1% |
| Exxon Mobil Corpora… (XOM) | 100 | 340.6 | +240.6% |
| ConocoPhillips (COP) | 100 | 292.4 | +192.4% |
| BP p.l.c. (BP) | 100 | 201.0 | +101.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CVX vs XOM vs COP vs BP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CVX lags the leaders in this set but could rank higher in a more targeted comparison.
XOM is the #2 pick in this set and the best alternative if stability and efficiency is your priority.
- Lower D/E ratio (16.3% vs 113.9%)
- 6.4% ROA vs BP's 1.1%, ROIC 8.6% vs 9.8%
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 XOM's 115.7%
- Lower volatility, beta 0.08, Low D/E 36.4%, current ratio 1.30x
- 7.5% revenue growth vs CVX's -4.6%
BP carries the broadest edge in this set and is the clearest fit for income & stability and defensive.
- Dividend streak 4 yrs, beta -0.01, yield 4.1%
- Beta -0.01, yield 4.1%, current ratio 1.26x
- Lower P/E (9.1x vs 15.6x)
- 4.1% yield, 4-year raise streak, vs XOM's 2.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.5% revenue growth vs CVX's -4.6% | |
| Value | Lower P/E (9.1x vs 15.6x) | |
| Quality / Margins | 12.6% margin vs BP's 1.6% | |
| Stability / Safety | Lower D/E ratio (16.3% vs 113.9%) | |
| Dividends | 4.1% yield, 4-year raise streak, vs XOM's 2.6% | |
| Momentum (1Y) | +66.1% vs COP's +44.5% | |
| Efficiency (ROA) | 6.4% ROA vs BP's 1.1%, ROIC 8.6% vs 9.8% |
CVX vs XOM vs COP vs BP — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CVX vs XOM vs COP vs BP — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
COP leads in 2 of 6 categories
BP leads 1 • XOM leads 1 • CVX leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
COP leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
XOM is the larger business by revenue, generating $323.9B annually — 5.6x COP's $58.3B. COP is the more profitable business, keeping 12.6% of every revenue dollar as net income compared to BP's 1.6%. On growth, BP holds the edge at +11.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $184.4B | $323.9B | $58.3B | $194.6B |
| EBITDAEarnings before interest/tax | $37.1B | $59.9B | $22.4B | $38.8B |
| Net IncomeAfter-tax profit | $12.3B | $28.8B | $7.3B | $3.2B |
| Free Cash FlowCash after capex | $16.2B | $23.6B | $18.3B | $11.4B |
| Gross MarginGross profit ÷ Revenue | +30.4% | +21.7% | +29.2% | +19.3% |
| Operating MarginEBIT ÷ Revenue | +9.0% | +10.5% | +18.3% | +10.7% |
| Net MarginNet income ÷ Revenue | +6.7% | +8.9% | +12.6% | +1.6% |
| FCF MarginFCF ÷ Revenue | +8.8% | +7.3% | +31.4% | +5.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | -5.3% | -1.3% | -2.5% | +11.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -24.5% | -11.0% | -20.2% | +4.5% |
Valuation Metrics
BP leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 19.4x trailing earnings, COP trades at a 99% valuation discount to BP's 2279.4x P/E. On an enterprise value basis, BP's 5.0x EV/EBITDA is more attractive than XOM's 11.5x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $384.4B | $656.4B | $150.3B | $121.4B |
| Enterprise ValueMkt cap + debt − cash | $424.7B | $689.2B | $167.3B | $169.1B |
| Trailing P/EPrice ÷ TTM EPS | 29.06x | 23.12x | 19.42x | 2279.41x |
| Forward P/EPrice ÷ next-FY EPS est. | 15.86x | 15.64x | 14.27x | 9.06x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 11.44x | 11.50x | 7.22x | 5.03x |
| Price / SalesMarket cap ÷ Revenue | 2.08x | 2.03x | 2.56x | 0.64x |
| Price / BookPrice ÷ Book value/share | 1.86x | 2.50x | 2.40x | 1.67x |
| Price / FCFMarket cap ÷ FCF | 23.17x | 27.80x | 8.96x | 10.74x |
Profitability & Efficiency
COP leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
COP delivers a 11.3% return on equity — every $100 of shareholder capital generates $11 in annual profit, vs $4 for BP. XOM carries lower financial leverage with a 0.16x debt-to-equity ratio, signaling a more conservative balance sheet compared to BP's 1.14x. On the Piotroski fundamental quality scale (0–9), BP scores 7/9 vs XOM's 3/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +7.2% | +10.7% | +11.3% | +4.2% |
| ROA (TTM)Return on assets | +4.2% | +6.4% | +6.0% | +1.1% |
| ROICReturn on invested capital | +6.2% | +8.6% | +10.4% | +9.8% |
| ROCEReturn on capital employed | +6.6% | +8.9% | +10.4% | +7.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 3 | 6 | 7 |
| Debt / EquityFinancial leverage | 0.24x | 0.16x | 0.36x | 1.14x |
| Net DebtTotal debt minus cash | $40.3B | $32.9B | $16.9B | $47.7B |
| Cash & Equiv.Liquid assets | $6.5B | $10.7B | $6.5B | $36.6B |
| Total DebtShort + long-term debt | $46.7B | $43.5B | $23.4B | $84.3B |
| Interest CoverageEBIT ÷ Interest expense | 17.22x | 69.44x | 9.42x | 3.55x |
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 $28,473 today (with dividends reinvested), compared to $20,454 for BP. Over the past 12 months, BP leads with a +66.1% total return vs COP's +44.5%. The 3-year compound annual growth rate (CAGR) favors XOM at 15.3% vs CVX's 9.8% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +24.7% | +27.1% | +28.4% | +31.2% |
| 1-Year ReturnPast 12 months | +47.3% | +53.9% | +44.5% | +66.1% |
| 3-Year ReturnCumulative with dividends | +32.5% | +53.2% | +32.8% | +40.2% |
| 5-Year ReturnCumulative with dividends | +105.2% | +184.7% | +154.1% | +104.5% |
| 10-Year ReturnCumulative with dividends | +143.3% | +115.7% | +240.9% | +107.2% |
| CAGR (3Y)Annualised 3-year return | +9.8% | +15.3% | +9.9% | +11.9% |
Risk & Volatility
Evenly matched — XOM and BP 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. BP currently trades 96.3% from its 52-week high vs XOM's 87.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.05x | -0.15x | 0.08x | -0.01x |
| 52-Week HighHighest price in past year | $214.71 | $176.41 | $135.87 | $48.27 |
| 52-Week LowLowest price in past year | $133.77 | $101.19 | $84.28 | $27.99 |
| % of 52W HighCurrent price vs 52-week peak | +89.7% | +87.8% | +90.8% | +96.3% |
| RSI (14)Momentum oscillator 0–100 | 52.4 | 51.2 | 52.9 | 57.1 |
| Avg Volume (50D)Average daily shares traded | 11.0M | 18.8M | 9.4M | 15.0M |
Analyst Outlook
Evenly matched — XOM and BP each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: CVX as "Buy", XOM as "Hold", COP as "Buy", BP as "Hold". Consensus price targets imply 3.6% upside for XOM (target: $160) vs -5.6% for BP (target: $44). For income investors, BP offers the higher dividend yield at 4.11% vs XOM's 2.58%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Hold |
| Price TargetConsensus 12-month target | $190.93 | $160.43 | $127.07 | $43.89 |
| # AnalystsCovering analysts | 53 | 55 | 52 | 44 |
| Dividend YieldAnnual dividend ÷ price | +3.6% | +2.6% | +2.6% | +4.1% |
| Dividend StreakConsecutive years of raises | 8 | 26 | 1 | 4 |
| Dividend / ShareAnnual DPS | $6.87 | $4.00 | $3.19 | $1.91 |
| Buyback YieldShare repurchases ÷ mkt cap | +3.1% | +3.1% | +3.3% | +3.7% |
COP leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). BP leads in 1 (Valuation Metrics). 2 tied.
CVX vs XOM vs COP vs BP: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is CVX or XOM or COP or BP a better buy right now?
For growth investors, ConocoPhillips (COP) is the stronger pick with 7.
5% revenue growth year-over-year, versus -4. 6% for Chevron Corporation (CVX). ConocoPhillips (COP) offers the better valuation at 19. 4x trailing P/E (14. 3x 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 — CVX or XOM or COP or BP?
On trailing P/E, ConocoPhillips (COP) is the cheapest at 19.
4x versus BP p. l. c. at 2279. 4x. On forward P/E, BP p. l. c. is actually cheaper at 9. 1x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — CVX or XOM or COP or BP?
Over the past 5 years, Exxon Mobil Corporation (XOM) delivered a total return of +184.
7%, compared to +104. 5% for BP p. l. c. (BP). Over 10 years, the gap is even starker: COP returned +240. 9% versus BP's +107. 2%. 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 — CVX or XOM or COP or BP?
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 114% for BP p. l. c. — giving it more financial flexibility in a downturn.
05Which is growing faster — CVX or XOM or COP or BP?
By revenue growth (latest reported year), ConocoPhillips (COP) is pulling ahead at 7.
5% versus -4. 6% for Chevron Corporation (CVX). On earnings-per-share growth, the picture is similar: Exxon Mobil Corporation grew EPS -14. 5% year-over-year, compared to -85. 4% for BP p. l. c.. Over a 3-year CAGR, XOM leads at -6. 7% 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 — CVX or XOM or COP or BP?
ConocoPhillips (COP) is the more profitable company, earning 13.
6% net margin versus 0. 0% for BP p. l. c. — 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 8. 2% for BP. At the gross margin level — before operating expenses — CVX leads at 30. 4%, 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 CVX or XOM or COP or BP more undervalued right now?
On forward earnings alone, BP p.
l. c. (BP) trades at 9. 1x forward P/E versus 15. 9x for Chevron Corporation — 6. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for XOM: 3. 6% to $160. 43.
08Which pays a better dividend — CVX or XOM or COP or BP?
All stocks in this comparison pay dividends.
BP p. l. c. (BP) offers the highest yield at 4. 1%, versus 2. 6% for Exxon Mobil Corporation (XOM).
09Is CVX or XOM or COP or BP 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. 6% yield, +115. 7% 10Y return). Both have compounded well over 10 years (XOM: +115. 7%, BP: +107. 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.
10What are the main differences between CVX and XOM and COP and BP?
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: CVX is a large-cap income-oriented stock; XOM is a large-cap quality compounder stock; COP is a mid-cap quality compounder stock; BP is a mid-cap income-oriented 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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