Oil & Gas Exploration & Production
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WTI vs CVX
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Integrated
WTI vs CVX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Exploration & Production | Oil & Gas Integrated |
| Market Cap | $626M | $384.42B |
| Revenue (TTM) | $501M | $184.43B |
| Net Income (TTM) | $-150M | $12.30B |
| Gross Margin | 21.2% | 30.4% |
| Operating Margin | -10.5% | 9.0% |
| Forward P/E | — | 15.9x |
| Total Debt | $351M | $46.74B |
| Cash & Equiv. | $141M | $6.47B |
WTI vs CVX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| W&T Offshore, Inc. (WTI) | 100 | 161.3 | +61.3% |
| Chevron Corporation (CVX) | 100 | 210.1 | +110.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: WTI vs CVX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
WTI carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth -4.5%, EPS growth -71.2%, 3Y rev CAGR -18.3%
- -4.5% revenue growth vs CVX's -4.6%
- Better valuation composite
CVX is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 8 yrs, beta -0.05, yield 3.6%
- 143.3% 10Y total return vs WTI's 85.8%
- Lower volatility, beta -0.05, Low D/E 24.3%, current ratio 1.15x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -4.5% revenue growth vs CVX's -4.6% | |
| Value | Better valuation composite | |
| Quality / Margins | 6.7% margin vs WTI's -29.9% | |
| Dividends | 3.6% yield, 8-year raise streak, vs WTI's 1.0% | |
| Momentum (1Y) | +269.6% vs CVX's +47.3% | |
| Efficiency (ROA) | 4.2% ROA vs WTI's -15.1%, ROIC 6.2% vs -32.5% |
WTI vs CVX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
WTI vs CVX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — WTI and CVX each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CVX is the larger business by revenue, generating $184.4B annually — 367.8x WTI's $501M. CVX is the more profitable business, keeping 6.7% of every revenue dollar as net income compared to WTI's -29.9%. On growth, WTI holds the edge at +1.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $501M | $184.4B |
| EBITDAEarnings before interest/tax | $80M | $37.1B |
| Net IncomeAfter-tax profit | -$150M | $12.3B |
| Free Cash FlowCash after capex | $45M | $16.2B |
| Gross MarginGross profit ÷ Revenue | +21.2% | +30.4% |
| Operating MarginEBIT ÷ Revenue | -10.5% | +9.0% |
| Net MarginNet income ÷ Revenue | -29.9% | +6.7% |
| FCF MarginFCF ÷ Revenue | +8.9% | +8.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +1.1% | -5.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -12.5% | -24.5% |
Valuation Metrics
WTI leads this category, winning 4 of 4 comparable metrics.
Valuation Metrics
On an enterprise value basis, WTI's 8.6x EV/EBITDA is more attractive than CVX's 11.4x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $626M | $384.4B |
| Enterprise ValueMkt cap + debt − cash | $837M | $424.7B |
| Trailing P/EPrice ÷ TTM EPS | -4.17x | 29.06x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 15.86x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 8.63x | 11.44x |
| Price / SalesMarket cap ÷ Revenue | 1.25x | 2.08x |
| Price / BookPrice ÷ Book value/share | — | 1.86x |
| Price / FCFMarket cap ÷ FCF | 22.56x | 23.17x |
Profitability & Efficiency
CVX leads this category, winning 5 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), CVX scores 5/9 vs WTI's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | — | +7.2% |
| ROA (TTM)Return on assets | -15.1% | +4.2% |
| ROICReturn on invested capital | -32.5% | +6.2% |
| ROCEReturn on capital employed | -6.7% | +6.6% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | — | 0.24x |
| Net DebtTotal debt minus cash | $210M | $40.3B |
| Cash & Equiv.Liquid assets | $141M | $6.5B |
| Total DebtShort + long-term debt | $351M | $46.7B |
| Interest CoverageEBIT ÷ Interest expense | -1.80x | 17.22x |
Total Returns (Dividends Reinvested)
CVX leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CVX five years ago would be worth $20,515 today (with dividends reinvested), compared to $12,529 for WTI. Over the past 12 months, WTI leads with a +269.6% total return vs CVX's +47.3%. The 3-year compound annual growth rate (CAGR) favors CVX at 9.8% vs WTI's 0.3% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +162.1% | +24.7% |
| 1-Year ReturnPast 12 months | +269.6% | +47.3% |
| 3-Year ReturnCumulative with dividends | +0.9% | +32.5% |
| 5-Year ReturnCumulative with dividends | +25.3% | +105.2% |
| 10-Year ReturnCumulative with dividends | +85.8% | +143.3% |
| CAGR (3Y)Annualised 3-year return | +0.3% | +9.8% |
Risk & Volatility
Evenly matched — WTI and CVX each lead in 1 of 2 comparable metrics.
Risk & Volatility
CVX is the less volatile stock with a -0.05 beta — it tends to amplify market swings less than WTI's 0.01 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WTI currently trades 93.8% from its 52-week high vs CVX's 89.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.01x | -0.05x |
| 52-Week HighHighest price in past year | $4.49 | $214.71 |
| 52-Week LowLowest price in past year | $1.15 | $133.77 |
| % of 52W HighCurrent price vs 52-week peak | +93.8% | +89.7% |
| RSI (14)Momentum oscillator 0–100 | 65.9 | 52.4 |
| Avg Volume (50D)Average daily shares traded | 9.4M | 11.0M |
Analyst Outlook
CVX leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates WTI as "Hold" and CVX as "Buy". For income investors, CVX offers the higher dividend yield at 3.57% vs WTI's 0.96%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | — | $190.93 |
| # AnalystsCovering analysts | 15 | 53 |
| Dividend YieldAnnual dividend ÷ price | +1.0% | +3.6% |
| Dividend StreakConsecutive years of raises | 2 | 8 |
| Dividend / ShareAnnual DPS | $0.04 | $6.87 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +3.1% |
CVX leads in 3 of 6 categories (Profitability & Efficiency, Total Returns). WTI leads in 1 (Valuation Metrics). 2 tied.
WTI vs CVX: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is WTI or CVX a better buy right now?
For growth investors, W&T Offshore, Inc.
(WTI) is the stronger pick with -4. 5% revenue growth year-over-year, versus -4. 6% for Chevron Corporation (CVX). Chevron Corporation (CVX) offers the better valuation at 29. 1x trailing P/E (15. 9x 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 is the better long-term investment — WTI or CVX?
Over the past 5 years, Chevron Corporation (CVX) delivered a total return of +105.
2%, compared to +25. 3% for W&T Offshore, Inc. (WTI). Over 10 years, the gap is even starker: CVX returned +143. 3% versus WTI's +85. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — WTI or CVX?
By beta (market sensitivity over 5 years), Chevron Corporation (CVX) is the lower-risk stock at -0.
05β versus W&T Offshore, Inc. 's 0. 01β — meaning WTI is approximately -121% more volatile than CVX relative to the S&P 500.
04Which is growing faster — WTI or CVX?
By revenue growth (latest reported year), W&T Offshore, Inc.
(WTI) is pulling ahead at -4. 5% versus -4. 6% for Chevron Corporation (CVX). On earnings-per-share growth, the picture is similar: Chevron Corporation grew EPS -31. 8% year-over-year, compared to -71. 2% for W&T Offshore, Inc.. Over a 3-year CAGR, CVX leads at -7. 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.
05Which has better profit margins — WTI or CVX?
Chevron Corporation (CVX) is the more profitable company, earning 6.
7% net margin versus -29. 9% for W&T Offshore, Inc. — meaning it keeps 6. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CVX leads at 9. 0% versus -10. 5% for WTI. 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.
06Which pays a better dividend — WTI or CVX?
All stocks in this comparison pay dividends.
Chevron Corporation (CVX) offers the highest yield at 3. 6%, versus 1. 0% for W&T Offshore, Inc. (WTI).
07Is WTI or CVX better for a retirement portfolio?
For long-horizon retirement investors, Chevron Corporation (CVX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
05), 3. 6% yield, +143. 3% 10Y return). Both have compounded well over 10 years (CVX: +143. 3%, WTI: +85. 8%), 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.
08What are the main differences between WTI 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: WTI is a small-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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