Oil & Gas Integrated
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PBR vs SHEL vs XOM vs CVX
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Integrated
Oil & Gas Integrated
Oil & Gas Integrated
PBR vs SHEL vs XOM vs CVX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Oil & Gas Integrated | Oil & Gas Integrated | Oil & Gas Integrated | Oil & Gas Integrated |
| Market Cap | $75.87B | $238.35B | $620.85B | $364.18B |
| Revenue (TTM) | $86.40B | $266.38B | $323.90B | $184.43B |
| Net Income (TTM) | $13.96B | $17.80B | $28.84B | $12.30B |
| Gross Margin | 48.1% | 16.4% | 21.7% | 30.4% |
| Operating Margin | 25.3% | 11.1% | 10.5% | 9.0% |
| Forward P/E | 5.4x | 8.6x | 14.8x | 15.0x |
| Total Debt | $60.31B | $104.58B | $43.54B | $46.74B |
| Cash & Equiv. | $3.27B | $30.22B | $10.68B | $6.47B |
PBR vs SHEL vs XOM vs CVX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Petróleo Brasileiro… (PBR) | 100 | 267.2 | +167.2% |
| Shell plc (SHEL) | 100 | 263.5 | +163.5% |
| Exxon Mobil Corpora… (XOM) | 100 | 322.2 | +222.2% |
| Chevron Corporation (CVX) | 100 | 199.0 | +99.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PBR vs SHEL vs XOM vs CVX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
PBR carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 0 yrs, beta 0.13, yield 27.9%
- 428.3% 10Y total return vs CVX's 135.8%
- Lower volatility, beta 0.13, current ratio 0.69x
- Beta 0.13, yield 27.9%, current ratio 0.69x
SHEL plays a supporting role in this comparison — it may shine differently against other peers.
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%
- -4.5% revenue growth vs PBR's -13.4%
CVX lags the leaders in this set but could rank higher in a more targeted comparison.
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -4.5% revenue growth vs PBR's -13.4% | |
| Value | Lower P/E (5.4x vs 15.0x) | |
| Quality / Margins | 16.2% margin vs CVX's 6.7% | |
| Stability / Safety | Beta 0.13 vs SHEL's 0.19 | |
| Dividends | 27.9% yield, vs XOM's 2.7% | |
| Momentum (1Y) | +90.1% vs SHEL's +33.9% | |
| Efficiency (ROA) | 6.8% ROA vs CVX's 4.2%, ROIC 15.7% vs 6.2% |
PBR vs SHEL vs XOM vs CVX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
PBR vs SHEL vs XOM vs CVX — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
PBR leads in 3 of 6 categories
SHEL leads 0 • XOM leads 0 • CVX leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
PBR leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
XOM is the larger business by revenue, generating $323.9B annually — 3.7x PBR's $86.4B. PBR is the more profitable business, keeping 16.2% of every revenue dollar as net income compared to CVX's 6.7%. On growth, PBR holds the edge at +0.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $86.4B | $266.4B | $323.9B | $184.4B |
| EBITDAEarnings before interest/tax | $35.9B | $51.8B | $59.9B | $37.1B |
| Net IncomeAfter-tax profit | $14.0B | $17.8B | $28.8B | $12.3B |
| Free Cash FlowCash after capex | $16.7B | $22.7B | $23.6B | $16.2B |
| Gross MarginGross profit ÷ Revenue | +48.1% | +16.4% | +21.7% | +30.4% |
| Operating MarginEBIT ÷ Revenue | +25.3% | +11.1% | +10.5% | +9.0% |
| Net MarginNet income ÷ Revenue | +16.2% | +6.7% | +8.9% | +6.7% |
| FCF MarginFCF ÷ Revenue | +19.4% | +8.5% | +7.3% | +8.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +0.5% | -3.4% | -1.3% | -5.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +2.2% | +3.7% | -11.0% | -24.5% |
Valuation Metrics
PBR leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 8.7x trailing earnings, PBR trades at a 68% valuation discount to CVX's 27.5x P/E. On an enterprise value basis, PBR's 3.5x EV/EBITDA is more attractive than XOM's 10.9x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $75.9B | $238.4B | $620.8B | $364.2B |
| Enterprise ValueMkt cap + debt − cash | $132.9B | $312.7B | $653.7B | $404.5B |
| Trailing P/EPrice ÷ TTM EPS | 8.71x | 13.99x | 21.86x | 27.53x |
| Forward P/EPrice ÷ next-FY EPS est. | 5.44x | 8.59x | 14.79x | 15.02x |
| PEG RatioP/E ÷ EPS growth rate | 0.21x | — | — | — |
| EV / EBITDAEnterprise value multiple | 3.48x | 7.48x | 10.91x | 10.89x |
| Price / SalesMarket cap ÷ Revenue | 0.83x | 0.89x | 1.92x | 1.97x |
| Price / BookPrice ÷ Book value/share | 1.11x | 1.43x | 2.37x | 1.76x |
| Price / FCFMarket cap ÷ FCF | 3.25x | 10.92x | 26.29x | 21.95x |
Profitability & Efficiency
Evenly matched — PBR and XOM each lead in 4 of 9 comparable metrics.
Profitability & Efficiency
PBR delivers a 19.8% return on equity — every $100 of shareholder capital generates $20 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 PBR's 1.02x. On the Piotroski fundamental quality scale (0–9), SHEL scores 6/9 vs XOM's 3/9, reflecting solid financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +19.8% | +9.9% | +10.7% | +7.2% |
| ROA (TTM)Return on assets | +6.8% | +4.7% | +6.4% | +4.2% |
| ROICReturn on invested capital | +15.7% | +6.3% | +8.6% | +6.2% |
| ROCEReturn on capital employed | +15.4% | +6.7% | +8.9% | +6.6% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 | 3 | 5 |
| Debt / EquityFinancial leverage | 1.02x | 0.60x | 0.16x | 0.24x |
| Net DebtTotal debt minus cash | $57.0B | $74.4B | $32.9B | $40.3B |
| Cash & Equiv.Liquid assets | $3.3B | $30.2B | $10.7B | $6.5B |
| Total DebtShort + long-term debt | $60.3B | $104.6B | $43.5B | $46.7B |
| Interest CoverageEBIT ÷ Interest expense | 7.96x | 7.01x | 69.44x | 17.22x |
Total Returns (Dividends Reinvested)
PBR leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PBR five years ago would be worth $38,946 today (with dividends reinvested), compared to $19,396 for CVX. Over the past 12 months, PBR leads with a +90.1% total return vs SHEL's +33.9%. The 3-year compound annual growth rate (CAGR) favors PBR at 34.0% vs CVX's 8.2% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +72.7% | +12.6% | +20.3% | +18.2% |
| 1-Year ReturnPast 12 months | +90.1% | +33.9% | +43.9% | +39.5% |
| 3-Year ReturnCumulative with dividends | +140.6% | +51.9% | +44.9% | +26.7% |
| 5-Year ReturnCumulative with dividends | +289.5% | +135.6% | +164.6% | +94.0% |
| 10-Year ReturnCumulative with dividends | +428.3% | +127.2% | +105.0% | +135.8% |
| CAGR (3Y)Annualised 3-year return | +34.0% | +15.0% | +13.2% | +8.2% |
Risk & Volatility
Evenly matched — PBR and XOM 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 SHEL's 0.19 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PBR currently trades 91.7% from its 52-week high vs XOM's 83.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.13x | 0.19x | -0.15x | -0.05x |
| 52-Week HighHighest price in past year | $22.24 | $94.90 | $176.41 | $214.71 |
| 52-Week LowLowest price in past year | $11.04 | $64.81 | $101.19 | $133.77 |
| % of 52W HighCurrent price vs 52-week peak | +91.7% | +88.7% | +83.0% | +85.0% |
| RSI (14)Momentum oscillator 0–100 | 50.4 | 43.1 | 42.4 | 42.1 |
| Avg Volume (50D)Average daily shares traded | 29.6M | 8.1M | 18.9M | 11.0M |
Analyst Outlook
Evenly matched — PBR and XOM each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PBR as "Buy", SHEL as "Buy", XOM as "Hold", CVX as "Buy". Consensus price targets imply 12.4% upside for SHEL (target: $95) vs -8.4% for PBR (target: $19). For income investors, PBR offers the higher dividend yield at 27.89% vs XOM's 2.73%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $18.67 | $94.67 | $160.43 | $190.93 |
| # AnalystsCovering analysts | 22 | 12 | 55 | 53 |
| Dividend YieldAnnual dividend ÷ price | +27.9% | +3.4% | +2.7% | +3.8% |
| Dividend StreakConsecutive years of raises | 0 | 4 | 26 | 8 |
| Dividend / ShareAnnual DPS | $5.69 | $2.85 | $4.00 | $6.87 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.5% | +6.4% | +3.3% | +3.3% |
PBR leads in 3 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 3 categories are tied.
PBR vs SHEL vs XOM vs CVX: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is PBR or SHEL or XOM or CVX a better buy right now?
For growth investors, Exxon Mobil Corporation (XOM) is the stronger pick with -4.
5% revenue growth year-over-year, versus -13. 4% for Petróleo Brasileiro S. A. - Petrobras (PBR). Petróleo Brasileiro S. A. - Petrobras (PBR) offers the better valuation at 8. 7x trailing P/E (5. 4x forward), making it the more compelling value choice. Analysts rate Petróleo Brasileiro S. A. - Petrobras (PBR) a "Buy" — based on 22 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 — PBR or SHEL or XOM or CVX?
On trailing P/E, Petróleo Brasileiro S.
A. - Petrobras (PBR) is the cheapest at 8. 7x versus Chevron Corporation at 27. 5x. On forward P/E, Petróleo Brasileiro S. A. - Petrobras is actually cheaper at 5. 4x.
03Which is the better long-term investment — PBR or SHEL or XOM or CVX?
Over the past 5 years, Petróleo Brasileiro S.
A. - Petrobras (PBR) delivered a total return of +289. 5%, compared to +94. 0% for Chevron Corporation (CVX). Over 10 years, the gap is even starker: PBR returned +428. 3% versus XOM's +105. 0%. 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 — PBR or SHEL or XOM or CVX?
By beta (market sensitivity over 5 years), Exxon Mobil Corporation (XOM) is the lower-risk stock at -0.
15β versus Shell plc's 0. 19β — meaning SHEL is approximately -230% 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 102% for Petróleo Brasileiro S. A. - Petrobras — giving it more financial flexibility in a downturn.
05Which is growing faster — PBR or SHEL or XOM or CVX?
By revenue growth (latest reported year), Exxon Mobil Corporation (XOM) is pulling ahead at -4.
5% versus -13. 4% for Petróleo Brasileiro S. A. - Petrobras (PBR). On earnings-per-share growth, the picture is similar: Shell plc grew EPS 19. 0% year-over-year, compared to -70. 3% for Petróleo Brasileiro S. A. - Petrobras. Over a 3-year CAGR, PBR leads at 2. 9% 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 — PBR or SHEL or XOM or CVX?
Exxon Mobil Corporation (XOM) is the more profitable company, earning 8.
9% net margin versus 6. 7% for Chevron Corporation — meaning it keeps 8. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: PBR leads at 28. 1% versus 7. 3% for SHEL. At the gross margin level — before operating expenses — PBR leads at 50. 3%, 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 PBR or SHEL or XOM or CVX more undervalued right now?
On forward earnings alone, Petróleo Brasileiro S.
A. - Petrobras (PBR) trades at 5. 4x forward P/E versus 15. 0x for Chevron Corporation — 9. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for SHEL: 12. 4% to $94. 67.
08Which pays a better dividend — PBR or SHEL or XOM or CVX?
All stocks in this comparison pay dividends.
Petróleo Brasileiro S. A. - Petrobras (PBR) offers the highest yield at 27. 9%, versus 2. 7% for Exxon Mobil Corporation (XOM).
09Is PBR or SHEL or XOM or CVX 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. 7% yield, +105. 0% 10Y return). Both have compounded well over 10 years (XOM: +105. 0%, SHEL: +127. 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 PBR and SHEL and XOM and CVX?
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: PBR is a mid-cap deep-value stock; SHEL is a large-cap deep-value stock; XOM is a large-cap quality compounder stock; CVX is a large-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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