Oil & Gas Refining & Marketing
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5 / 10Stock Comparison
PSX vs XOM vs CVX vs VLO vs MPC
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Integrated
Oil & Gas Integrated
Oil & Gas Refining & Marketing
Oil & Gas Refining & Marketing
PSX vs XOM vs CVX vs VLO vs MPC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Oil & Gas Refining & Marketing | Oil & Gas Integrated | Oil & Gas Integrated | Oil & Gas Refining & Marketing | Oil & Gas Refining & Marketing |
| Market Cap | $67.49B | $620.85B | $364.18B | $70.66B | $70.73B |
| Revenue (TTM) | $135.77B | $323.90B | $184.43B | $126.17B | $135.75B |
| Net Income (TTM) | $4.12B | $28.84B | $12.30B | $4.21B | $4.63B |
| Gross Margin | 7.0% | 21.7% | 30.4% | 7.2% | 8.8% |
| Operating Margin | 4.7% | 10.5% | 9.0% | 4.6% | 5.0% |
| Forward P/E | 11.4x | 14.3x | 15.0x | 10.0x | 10.9x |
| Total Debt | $22.88B | $43.54B | $46.74B | $11.70B | $34.36B |
| Cash & Equiv. | $1.12B | $10.68B | $6.47B | $4.69B | $3.67B |
PSX vs XOM vs CVX vs VLO vs MPC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Phillips 66 (PSX) | 100 | 219.2 | +119.2% |
| Exxon Mobil Corpora… (XOM) | 100 | 317.6 | +217.6% |
| Chevron Corporation (CVX) | 100 | 197.9 | +97.9% |
| Valero Energy Corpo… (VLO) | 100 | 361.7 | +261.7% |
| Marathon Petroleum … (MPC) | 100 | 696.8 | +596.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PSX vs XOM vs CVX vs VLO vs MPC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Among these 5 stocks, PSX doesn't own a clear edge in any measured category.
XOM is the #2 pick in this set and the best alternative if quality is your priority.
- 8.9% margin vs PSX's 3.0%
CVX ranks third and is worth considering specifically for dividends.
- 3.8% yield, 8-year raise streak, vs XOM's 2.7%
VLO carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 15 yrs, beta 0.27, yield 1.9%
- Lower volatility, beta 0.27, Low D/E 44.0%, current ratio 1.65x
- Beta 0.27, yield 1.9%, current ratio 1.65x
- Lower P/E (10.0x vs 10.9x)
MPC is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth -4.4%, EPS growth 31.5%, 3Y rev CAGR -9.2%
- 6.6% 10Y total return vs VLO's 397.5%
- -4.4% revenue growth vs PSX's -7.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -4.4% revenue growth vs PSX's -7.6% | |
| Value | Lower P/E (10.0x vs 10.9x) | |
| Quality / Margins | 8.9% margin vs PSX's 3.0% | |
| Stability / Safety | Beta 0.27 vs PSX's 0.43, lower leverage | |
| Dividends | 3.8% yield, 8-year raise streak, vs XOM's 2.7% | |
| Momentum (1Y) | +106.0% vs CVX's +39.5% | |
| Efficiency (ROA) | 7.1% ROA vs CVX's 4.2%, ROIC 9.5% vs 6.2% |
PSX vs XOM vs CVX vs VLO vs MPC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
PSX vs XOM vs CVX vs VLO vs MPC — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
VLO leads in 2 of 6 categories
MPC leads 1 • PSX leads 0 • XOM leads 0 • CVX leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — XOM and CVX 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 — 2.6x VLO's $126.2B. XOM is the more profitable business, keeping 8.9% of every revenue dollar as net income compared to PSX's 3.0%. On growth, PSX holds the edge at +11.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $135.8B | $323.9B | $184.4B | $126.2B | $135.8B |
| EBITDAEarnings before interest/tax | $9.4B | $59.9B | $37.1B | $9.0B | $10.1B |
| Net IncomeAfter-tax profit | $4.1B | $28.8B | $12.3B | $4.2B | $4.6B |
| Free Cash FlowCash after capex | $119M | $23.6B | $16.2B | $5.9B | $5.7B |
| Gross MarginGross profit ÷ Revenue | +7.0% | +21.7% | +30.4% | +7.2% | +8.8% |
| Operating MarginEBIT ÷ Revenue | +4.7% | +10.5% | +9.0% | +4.6% | +5.0% |
| Net MarginNet income ÷ Revenue | +3.0% | +8.9% | +6.7% | +3.3% | +3.4% |
| FCF MarginFCF ÷ Revenue | +0.1% | +7.3% | +8.8% | +4.7% | +4.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +11.7% | -1.3% | -5.3% | +7.0% | +9.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -56.8% | -11.0% | -24.5% | +3.2% | +8.2% |
Valuation Metrics
VLO leads this category, winning 3 of 6 comparable metrics.
Valuation Metrics
At 15.6x trailing earnings, PSX trades at a 50% valuation discount to VLO's 31.2x P/E. On an enterprise value basis, VLO's 10.4x EV/EBITDA is more attractive than PSX's 13.1x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $67.5B | $620.8B | $364.2B | $70.7B | $70.7B |
| Enterprise ValueMkt cap + debt − cash | $89.3B | $653.7B | $404.5B | $77.7B | $101.4B |
| Trailing P/EPrice ÷ TTM EPS | 15.60x | 21.86x | 27.53x | 31.22x | 18.26x |
| Forward P/EPrice ÷ next-FY EPS est. | 11.44x | 14.31x | 15.02x | 10.02x | 10.91x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 13.09x | 10.91x | 10.89x | 10.40x | 11.24x |
| Price / SalesMarket cap ÷ Revenue | 0.51x | 1.92x | 1.97x | 0.58x | 0.53x |
| Price / BookPrice ÷ Book value/share | 2.27x | 2.37x | 1.76x | 2.74x | 3.07x |
| Price / FCFMarket cap ÷ FCF | 24.73x | 26.29x | 21.95x | 14.05x | 14.84x |
Profitability & Efficiency
VLO leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
MPC delivers a 19.6% 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 MPC's 1.43x. On the Piotroski fundamental quality scale (0–9), PSX scores 7/9 vs XOM's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +14.1% | +10.7% | +7.2% | +15.7% | +19.6% |
| ROA (TTM)Return on assets | +5.3% | +6.4% | +4.2% | +7.1% | +5.5% |
| ROICReturn on invested capital | +5.3% | +8.6% | +6.2% | +9.5% | +8.3% |
| ROCEReturn on capital employed | +6.0% | +8.9% | +6.6% | +9.7% | +9.3% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 3 | 5 | 6 | 7 |
| Debt / EquityFinancial leverage | 0.76x | 0.16x | 0.24x | 0.44x | 1.43x |
| Net DebtTotal debt minus cash | $21.8B | $32.9B | $40.3B | $7.0B | $30.7B |
| Cash & Equiv.Liquid assets | $1.1B | $10.7B | $6.5B | $4.7B | $3.7B |
| Total DebtShort + long-term debt | $22.9B | $43.5B | $46.7B | $11.7B | $34.4B |
| Interest CoverageEBIT ÷ Interest expense | 7.65x | 69.44x | 17.22x | 10.63x | 6.36x |
Total Returns (Dividends Reinvested)
MPC leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MPC five years ago would be worth $42,948 today (with dividends reinvested), compared to $19,396 for CVX. Over the past 12 months, VLO leads with a +106.0% total return vs CVX's +39.5%. The 3-year compound annual growth rate (CAGR) favors MPC at 32.5% vs CVX's 8.2% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +29.9% | +20.3% | +18.2% | +43.7% | +47.3% |
| 1-Year ReturnPast 12 months | +64.1% | +43.9% | +39.5% | +106.0% | +70.1% |
| 3-Year ReturnCumulative with dividends | +93.7% | +44.9% | +26.7% | +132.2% | +132.5% |
| 5-Year ReturnCumulative with dividends | +120.3% | +164.6% | +94.0% | +219.6% | +329.5% |
| 10-Year ReturnCumulative with dividends | +162.1% | +105.0% | +135.8% | +397.5% | +664.3% |
| CAGR (3Y)Annualised 3-year return | +24.7% | +13.2% | +8.2% | +32.4% | +32.5% |
Risk & Volatility
Evenly matched — XOM and MPC 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 PSX's 0.43 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MPC currently trades 92.6% 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 | 0.35x | -0.20x | -0.11x | 0.16x | 0.30x |
| 52-Week HighHighest price in past year | $190.61 | $176.41 | $214.71 | $258.43 | $261.61 |
| 52-Week LowLowest price in past year | $104.83 | $101.19 | $133.77 | $115.65 | $142.73 |
| % of 52W HighCurrent price vs 52-week peak | +88.3% | +83.0% | +85.0% | +91.4% | +92.6% |
| RSI (14)Momentum oscillator 0–100 | 52.9 | 42.4 | 42.1 | 47.8 | 58.0 |
| Avg Volume (50D)Average daily shares traded | 3.0M | 18.9M | 11.0M | 3.8M | 2.5M |
Analyst Outlook
Evenly matched — XOM and CVX each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PSX as "Buy", XOM as "Hold", CVX as "Buy", VLO as "Buy", MPC as "Buy". Consensus price targets imply 10.0% upside for XOM (target: $161) vs -11.3% for MPC (target: $215). For income investors, CVX offers the higher dividend yield at 3.76% vs MPC's 1.54%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $163.38 | $161.08 | $190.93 | $214.67 | $214.78 |
| # AnalystsCovering analysts | 35 | 55 | 53 | 37 | 33 |
| Dividend YieldAnnual dividend ÷ price | +2.8% | +2.7% | +3.8% | +1.9% | +1.5% |
| Dividend StreakConsecutive years of raises | 13 | 26 | 8 | 15 | 4 |
| Dividend / ShareAnnual DPS | $4.71 | $4.00 | $6.87 | $4.55 | $3.74 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.8% | +3.3% | +3.3% | +3.7% | +4.9% |
VLO leads in 2 of 6 categories (Valuation Metrics, Profitability & Efficiency). MPC leads in 1 (Total Returns). 3 tied.
PSX vs XOM vs CVX vs VLO vs MPC: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is PSX or XOM or CVX or VLO or MPC a better buy right now?
For growth investors, Marathon Petroleum Corporation (MPC) is the stronger pick with -4.
4% revenue growth year-over-year, versus -7. 6% for Phillips 66 (PSX). Phillips 66 (PSX) offers the better valuation at 15. 6x trailing P/E (11. 4x forward), making it the more compelling value choice. Analysts rate Phillips 66 (PSX) a "Buy" — based on 35 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 — PSX or XOM or CVX or VLO or MPC?
On trailing P/E, Phillips 66 (PSX) is the cheapest at 15.
6x versus Valero Energy Corporation at 31. 2x. On forward P/E, Valero Energy Corporation is actually cheaper at 10. 0x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — PSX or XOM or CVX or VLO or MPC?
Over the past 5 years, Marathon Petroleum Corporation (MPC) delivered a total return of +329.
5%, compared to +94. 0% for Chevron Corporation (CVX). Over 10 years, the gap is even starker: MPC returned +664. 3% versus XOM's +102. 6%. 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 — PSX or XOM or CVX or VLO or MPC?
By beta (market sensitivity over 5 years), Exxon Mobil Corporation (XOM) is the lower-risk stock at -0.
20β versus Phillips 66's 0. 35β — meaning PSX is approximately -279% 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 143% for Marathon Petroleum Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — PSX or XOM or CVX or VLO or MPC?
By revenue growth (latest reported year), Marathon Petroleum Corporation (MPC) is pulling ahead at -4.
4% versus -7. 6% for Phillips 66 (PSX). On earnings-per-share growth, the picture is similar: Phillips 66 grew EPS 116. 2% year-over-year, compared to -31. 8% for Chevron 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 — PSX or XOM or CVX or VLO or MPC?
Exxon Mobil Corporation (XOM) is the more profitable company, earning 8.
9% net margin versus 1. 9% for Valero Energy Corporation — meaning it keeps 8. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: XOM leads at 10. 5% versus 2. 7% for PSX. 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 PSX or XOM or CVX or VLO or MPC more undervalued right now?
On forward earnings alone, Valero Energy Corporation (VLO) trades at 10.
0x forward P/E versus 15. 0x for Chevron Corporation — 5. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for XOM: 10. 0% to $161. 08.
08Which pays a better dividend — PSX or XOM or CVX or VLO or MPC?
All stocks in this comparison pay dividends.
Chevron Corporation (CVX) offers the highest yield at 3. 8%, versus 1. 5% for Marathon Petroleum Corporation (MPC).
09Is PSX or XOM or CVX or VLO or MPC 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.
20), 2. 7% yield, +102. 6% 10Y return). Both have compounded well over 10 years (XOM: +102. 6%, PSX: +166. 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 PSX and XOM and CVX and VLO and MPC?
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: PSX is a mid-cap deep-value stock; XOM is a large-cap quality compounder stock; CVX is a large-cap income-oriented stock; VLO is a mid-cap quality compounder stock; MPC 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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