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Stock Comparison

OXY vs COP

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

Live fundamentals10-year financials5-year price chart
OXY
Occidental Petroleum Corporation

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$54.58B
5Y Perf.+325.0%
COP
ConocoPhillips

Oil & Gas Exploration & Production

EnergyNYSE • US
Market Cap$144.92B
5Y Perf.+181.9%

OXY vs COP — Key Financials

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

Company Snapshot
OXY logoOXY
COP logoCOP
IndustryOil & Gas Exploration & ProductionOil & Gas Exploration & Production
Market Cap$54.58B$144.92B
Revenue (TTM)$23.18B$58.31B
Net Income (TTM)$4.71B$7.32B
Gross Margin26.2%29.2%
Operating Margin12.4%18.3%
Forward P/E13.3x13.8x
Total Debt$23.96B$23.44B
Cash & Equiv.$1.99B$6.50B

OXY vs COPLong-Term Stock Performance

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

OXY
COP
StockMay 20May 26Return
Occidental Petroleu… (OXY)100425.0+325.0%
ConocoPhillips (COP)100281.9+181.9%

Price return only. Dividends and distributions are not included.

Quick Verdict: OXY vs COP

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

Bottom line: OXY leads in 4 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 capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
OXY
Occidental Petroleum Corporation
The Income Pick

OXY carries the broadest edge in this set and is the clearest fit for income & stability and defensive.

  • Dividend streak 4 yrs, beta -0.13, yield 2.9%
  • Beta -0.13, yield 2.9%, current ratio 0.94x
  • Lower P/E (13.3x vs 13.8x)
Best for: income & stability and defensive
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 OXY's -6.9%
  • Lower volatility, beta 0.08, Low D/E 36.4%, current ratio 1.30x
Best for: growth exposure and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthCOP logoCOP7.5% revenue growth vs OXY's -20.3%
ValueOXY logoOXYLower P/E (13.3x vs 13.8x)
Quality / MarginsOXY logoOXY20.3% margin vs COP's 12.6%
Stability / SafetyCOP logoCOPLower D/E ratio (36.4% vs 65.5%)
DividendsOXY logoOXY2.9% yield, 4-year raise streak, vs COP's 2.7%
Momentum (1Y)OXY logoOXY+42.6% vs COP's +39.4%
Efficiency (ROA)COP logoCOP6.0% ROA vs OXY's 5.6%, ROIC 10.4% vs 4.7%

OXY vs COP — Revenue Breakdown by Segment

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

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

OXY vs COP — 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 4 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 20.3% 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.

MetricOXY logoOXYOccidental Petrol…COP logoCOPConocoPhillips
RevenueTrailing 12 months$23.2B$58.3B
EBITDAEarnings before interest/tax$10.6B$22.4B
Net IncomeAfter-tax profit$4.7B$7.3B
Free Cash FlowCash after capex$3.6B$18.3B
Gross MarginGross profit ÷ Revenue+26.2%+29.2%
Operating MarginEBIT ÷ Revenue+12.4%+18.3%
Net MarginNet income ÷ Revenue+20.3%+12.6%
FCF MarginFCF ÷ Revenue+15.4%+31.4%
Rev. Growth (YoY)Latest quarter vs prior year-23.1%-2.5%
EPS Growth (YoY)Latest quarter vs prior year+3.1%-20.2%
COP leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

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

At 18.7x trailing earnings, COP trades at a 45% valuation discount to OXY's 34.2x P/E. On an enterprise value basis, OXY's 6.7x EV/EBITDA is more attractive than COP's 7.0x.

MetricOXY logoOXYOccidental Petrol…COP logoCOPConocoPhillips
Market CapShares × price$54.6B$144.9B
Enterprise ValueMkt cap + debt − cash$76.5B$161.9B
Trailing P/EPrice ÷ TTM EPS34.18x18.72x
Forward P/EPrice ÷ next-FY EPS est.13.25x13.76x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple6.74x6.98x
Price / SalesMarket cap ÷ Revenue2.53x2.47x
Price / BookPrice ÷ Book value/share1.50x2.31x
Price / FCFMarket cap ÷ FCF13.30x8.64x
Evenly matched — OXY and COP each lead in 3 of 6 comparable metrics.

Profitability & Efficiency

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

OXY delivers a 12.6% return on equity — every $100 of shareholder capital generates $13 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.

MetricOXY logoOXYOccidental Petrol…COP logoCOPConocoPhillips
ROE (TTM)Return on equity+12.6%+11.3%
ROA (TTM)Return on assets+5.6%+6.0%
ROICReturn on invested capital+4.7%+10.4%
ROCEReturn on capital employed+4.9%+10.4%
Piotroski ScoreFundamental quality 0–946
Debt / EquityFinancial leverage0.65x0.36x
Net DebtTotal debt minus cash$22.0B$16.9B
Cash & Equiv.Liquid assets$2.0B$6.5B
Total DebtShort + long-term debt$24.0B$23.4B
Interest CoverageEBIT ÷ Interest expense3.25x9.42x
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 $24,499 today (with dividends reinvested), compared to $21,916 for OXY. Over the past 12 months, OXY leads with a +42.6% total return vs COP's +39.4%. The 3-year compound annual growth rate (CAGR) favors COP at 8.5% vs OXY's -0.7% — a key indicator of consistent wealth creation.

MetricOXY logoOXYOccidental Petrol…COP logoCOPConocoPhillips
YTD ReturnYear-to-date+30.5%+23.8%
1-Year ReturnPast 12 months+42.6%+39.4%
3-Year ReturnCumulative with dividends-2.2%+27.7%
5-Year ReturnCumulative with dividends+119.2%+145.0%
10-Year ReturnCumulative with dividends-6.9%+234.2%
CAGR (3Y)Annualised 3-year return-0.7%+8.5%
COP leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — OXY and COP 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. COP currently trades 87.5% from its 52-week high vs OXY's 81.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricOXY logoOXYOccidental Petrol…COP logoCOPConocoPhillips
Beta (5Y)Sensitivity to S&P 500-0.13x0.08x
52-Week HighHighest price in past year$67.45$135.87
52-Week LowLowest price in past year$38.72$84.28
% of 52W HighCurrent price vs 52-week peak+81.6%+87.5%
RSI (14)Momentum oscillator 0–10053.250.2
Avg Volume (50D)Average daily shares traded17.0M9.6M
Evenly matched — OXY and COP each lead in 1 of 2 comparable metrics.

Analyst Outlook

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

Wall Street rates OXY as "Buy" and COP as "Buy". Consensus price targets imply 6.9% upside for COP (target: $127) vs 2.9% for OXY (target: $57). For income investors, OXY offers the higher dividend yield at 2.90% vs COP's 2.68%.

MetricOXY logoOXYOccidental Petrol…COP logoCOPConocoPhillips
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$56.64$127.07
# AnalystsCovering analysts5252
Dividend YieldAnnual dividend ÷ price+2.9%+2.7%
Dividend StreakConsecutive years of raises41
Dividend / ShareAnnual DPS$1.59$3.19
Buyback YieldShare repurchases ÷ mkt cap0.0%+3.5%
OXY leads this category, winning 2 of 2 comparable metrics.
Key Takeaway

COP leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). OXY leads in 1 (Analyst Outlook). 2 tied.

Best OverallConocoPhillips (COP)Leads 3 of 6 categories
Loading custom metrics...

OXY vs COP: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is OXY or COP 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 18. 7x trailing P/E (13. 8x forward), making it the more compelling value choice. Analysts rate Occidental Petroleum Corporation (OXY) 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 — OXY or COP?

On trailing P/E, ConocoPhillips (COP) is the cheapest at 18.

7x versus Occidental Petroleum Corporation at 34. 2x. On forward P/E, Occidental Petroleum Corporation is actually cheaper at 13. 3x — notably different from the trailing picture, reflecting expected earnings growth.

03

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

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

0%, compared to +119. 2% for Occidental Petroleum Corporation (OXY). Over 10 years, the gap is even starker: COP returned +234. 2% versus OXY's -6. 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 — OXY or COP?

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 — OXY or COP?

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 — OXY or COP?

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 OXY or COP more undervalued right now?

On forward earnings alone, Occidental Petroleum Corporation (OXY) trades at 13.

3x forward P/E versus 13. 8x for ConocoPhillips — 0. 5x 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 — OXY or COP?

All stocks in this comparison pay dividends.

Occidental Petroleum Corporation (OXY) offers the highest yield at 2. 9%, versus 2. 7% for ConocoPhillips (COP).

09

Is OXY or COP 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. 9% yield). Both have compounded well over 10 years (OXY: -6. 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 OXY 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.

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

OXY

Dividend Mega-Cap Quality

  • Sector: Energy
  • Market Cap > $100B
  • Net Margin > 12%
  • Dividend Yield > 1.1%
Run This Screen
Stocks Like

COP

Income & Dividend Stock

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

Beat Both

Find stocks that outperform OXY and COP on the metrics below

Revenue Growth>
%
(OXY: -23.1% · COP: -2.5%)
Net Margin>
%
(OXY: 20.3% · COP: 12.6%)
P/E Ratio<
x
(OXY: 34.2x · COP: 18.7x)

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