Oil & Gas Exploration & Production
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4 / 10Stock Comparison
OXY vs CVX vs XOM vs COP
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Integrated
Oil & Gas Integrated
Oil & Gas Exploration & Production
OXY vs CVX vs XOM 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 |
| Market Cap | $58.85B | $384.42B | $656.38B | $150.31B |
| Revenue (TTM) | $23.18B | $184.43B | $323.90B | $58.31B |
| Net Income (TTM) | $4.54B | $12.30B | $28.84B | $7.32B |
| Gross Margin | 23.6% | 30.4% | 21.7% | 29.2% |
| Operating Margin | 11.8% | 9.0% | 10.5% | 18.3% |
| Forward P/E | 14.3x | 15.9x | 15.6x | 13.8x |
| Total Debt | $23.96B | $46.74B | $43.54B | $23.44B |
| Cash & Equiv. | $1.99B | $6.47B | $10.68B | $6.50B |
OXY vs CVX vs XOM vs COP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Occidental Petroleu… (OXY) | 100 | 425.0 | +325.0% |
| Chevron Corporation (CVX) | 100 | 210.8 | +110.8% |
| Exxon Mobil Corpora… (XOM) | 100 | 339.7 | +239.7% |
| ConocoPhillips (COP) | 100 | 281.9 | +181.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: OXY vs CVX vs XOM vs COP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
OXY has the current edge in this matchup, primarily because of its strength in quality and momentum.
- 19.6% margin vs CVX's 6.7%
- +55.4% vs COP's +44.5%
CVX is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 8 yrs, beta -0.05, yield 3.6%
- Lower volatility, beta -0.05, Low D/E 24.3%, current ratio 1.15x
- Beta -0.05, yield 3.6%, current ratio 1.15x
- 3.6% yield, 8-year raise streak, vs XOM's 2.6%
XOM is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth -4.5%, EPS growth -14.5%, 3Y rev CAGR -6.7%
- Lower D/E ratio (16.3% vs 65.5%)
- 6.4% ROA vs CVX's 4.2%, ROIC 8.6% vs 6.2%
COP is the clearest fit if your priority is long-term compounding.
- 240.9% 10Y total return vs XOM's 115.7%
- 7.5% revenue growth vs OXY's -20.3%
- Lower P/E (13.8x vs 15.6x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.5% revenue growth vs OXY's -20.3% | |
| Value | Lower P/E (13.8x vs 15.6x) | |
| Quality / Margins | 19.6% margin vs CVX's 6.7% | |
| Stability / Safety | Lower D/E ratio (16.3% vs 65.5%) | |
| Dividends | 3.6% yield, 8-year raise streak, vs XOM's 2.6% | |
| Momentum (1Y) | +55.4% vs COP's +44.5% | |
| Efficiency (ROA) | 6.4% ROA vs CVX's 4.2%, ROIC 8.6% vs 6.2% |
OXY vs CVX vs XOM vs COP — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
OXY vs CVX vs XOM vs COP — 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
XOM leads 1 • OXY leads 0 • CVX leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — XOM and COP each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
XOM is the larger business by revenue, generating $323.9B annually — 14.0x OXY's $23.2B. OXY is the more profitable business, keeping 19.6% 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 | $23.2B | $184.4B | $323.9B | $58.3B |
| EBITDAEarnings before interest/tax | $10.5B | $37.1B | $59.9B | $22.4B |
| Net IncomeAfter-tax profit | $4.5B | $12.3B | $28.8B | $7.3B |
| Free Cash FlowCash after capex | $2.2B | $16.2B | $23.6B | $18.3B |
| Gross MarginGross profit ÷ Revenue | +23.6% | +30.4% | +21.7% | +29.2% |
| Operating MarginEBIT ÷ Revenue | +11.8% | +9.0% | +10.5% | +18.3% |
| Net MarginNet income ÷ Revenue | +19.6% | +6.7% | +8.9% | +12.6% |
| FCF MarginFCF ÷ Revenue | +9.5% | +8.8% | +7.3% | +31.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | -24.3% | -5.3% | -1.3% | -2.5% |
| EPS Growth (YoY)Latest quarter vs prior year | -100.0% | -24.5% | -11.0% | -20.2% |
Valuation Metrics
COP leads this category, winning 3 of 6 comparable metrics.
Valuation 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 XOM's 11.5x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $58.8B | $384.4B | $656.4B | $150.3B |
| Enterprise ValueMkt cap + debt − cash | $80.8B | $424.7B | $689.2B | $167.3B |
| Trailing P/EPrice ÷ TTM EPS | 36.86x | 29.06x | 23.12x | 19.42x |
| Forward P/EPrice ÷ next-FY EPS est. | 14.29x | 15.86x | 15.64x | 13.76x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 7.11x | 11.44x | 11.50x | 7.22x |
| Price / SalesMarket cap ÷ Revenue | 2.73x | 2.08x | 2.03x | 2.56x |
| Price / BookPrice ÷ Book value/share | 1.62x | 1.86x | 2.50x | 2.40x |
| Price / FCFMarket cap ÷ FCF | 14.34x | 23.17x | 27.80x | 8.96x |
Profitability & Efficiency
COP leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
OXY delivers a 16.6% return on equity — every $100 of shareholder capital generates $17 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 OXY's 0.65x. 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 | +16.6% | +7.2% | +10.7% | +11.3% |
| ROA (TTM)Return on assets | +5.4% | +4.2% | +6.4% | +6.0% |
| ROICReturn on invested capital | +4.7% | +6.2% | +8.6% | +10.4% |
| ROCEReturn on capital employed | +4.9% | +6.6% | +8.9% | +10.4% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 | 3 | 6 |
| Debt / EquityFinancial leverage | 0.65x | 0.24x | 0.16x | 0.36x |
| Net DebtTotal debt minus cash | $22.0B | $40.3B | $32.9B | $16.9B |
| Cash & Equiv.Liquid assets | $2.0B | $6.5B | $10.7B | $6.5B |
| Total DebtShort + long-term debt | $24.0B | $46.7B | $43.5B | $23.4B |
| Interest CoverageEBIT ÷ Interest expense | 2.88x | 17.22x | 69.44x | 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 $28,473 today (with dividends reinvested), compared to $20,515 for CVX. 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 XOM at 15.3% vs OXY's 0.7% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +40.6% | +24.7% | +27.1% | +28.4% |
| 1-Year ReturnPast 12 months | +55.4% | +47.3% | +53.9% | +44.5% |
| 3-Year ReturnCumulative with dividends | +2.1% | +32.5% | +53.2% | +32.8% |
| 5-Year ReturnCumulative with dividends | +131.8% | +105.2% | +184.7% | +154.1% |
| 10-Year ReturnCumulative with dividends | -1.4% | +143.3% | +115.7% | +240.9% |
| CAGR (3Y)Annualised 3-year return | +0.7% | +9.8% | +15.3% | +9.9% |
Risk & Volatility
Evenly matched — XOM and COP 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.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | -0.13x | -0.05x | -0.15x | 0.08x |
| 52-Week HighHighest price in past year | $67.45 | $214.71 | $176.41 | $135.87 |
| 52-Week LowLowest price in past year | $38.72 | $133.77 | $101.19 | $84.28 |
| % of 52W HighCurrent price vs 52-week peak | +88.0% | +89.7% | +87.8% | +90.8% |
| RSI (14)Momentum oscillator 0–100 | 56.4 | 52.4 | 51.2 | 52.9 |
| Avg Volume (50D)Average daily shares traded | 16.8M | 11.0M | 18.8M | 9.4M |
Analyst Outlook
Evenly matched — CVX and XOM each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: OXY as "Buy", CVX as "Buy", XOM as "Hold", COP as "Buy". Consensus price targets imply 3.6% upside for XOM (target: $160) vs -4.6% for OXY (target: $57). For income investors, CVX offers the higher dividend yield at 3.57% vs XOM's 2.58%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $56.64 | $190.93 | $160.43 | $127.07 |
| # AnalystsCovering analysts | 52 | 53 | 55 | 52 |
| Dividend YieldAnnual dividend ÷ price | +2.7% | +3.6% | +2.6% | +2.6% |
| Dividend StreakConsecutive years of raises | 4 | 8 | 26 | 1 |
| Dividend / ShareAnnual DPS | $1.59 | $6.87 | $4.00 | $3.19 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +3.1% | +3.1% | +3.3% |
COP leads in 2 of 6 categories (Valuation Metrics, Profitability & Efficiency). XOM leads in 1 (Total Returns). 3 tied.
OXY vs CVX vs XOM vs COP: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is OXY or CVX or XOM 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 19. 4x 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.
02Which has the better valuation — OXY or CVX or XOM or COP?
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 13. 8x.
03Which is the better long-term investment — OXY or CVX or XOM or COP?
Over the past 5 years, Exxon Mobil Corporation (XOM) delivered a total return of +184.
7%, compared to +105. 2% for Chevron Corporation (CVX). Over 10 years, the gap is even starker: COP returned +234. 2% 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.
04Which is safer — OXY or CVX or XOM 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 65% for Occidental Petroleum Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — OXY or CVX or XOM 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: Exxon Mobil Corporation grew EPS -14. 5% year-over-year, compared to -34. 0% for Occidental Petroleum Corporation. 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 — OXY or CVX or XOM or COP?
ConocoPhillips (COP) is the more profitable company, earning 13.
6% net margin versus 6. 7% for Chevron 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 9. 0% for CVX. 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.
07Is OXY or CVX or XOM or COP more undervalued right now?
On forward earnings alone, ConocoPhillips (COP) trades at 13.
8x forward P/E versus 15. 9x for Chevron Corporation — 2. 1x 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 — OXY or CVX or XOM or COP?
All stocks in this comparison pay dividends.
Chevron Corporation (CVX) offers the highest yield at 3. 6%, versus 2. 6% for Exxon Mobil Corporation (XOM).
09Is OXY or CVX or XOM 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. 6% yield, +115. 7% 10Y return). Both have compounded well over 10 years (XOM: +115. 7%, 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.
10What are the main differences between OXY and CVX and XOM 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: OXY is a mid-cap quality compounder stock; CVX is a large-cap income-oriented stock; XOM is a large-cap quality compounder 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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