ConocoPhillips (COP) vs Chevron (CVX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
ConocoPhillips (COP) has outperformed Chevron (CVX) over the past year, gaining 43.1% versus a gain of 37.6%. Over five years, CVX leads with a +93.0% price change compared with +81.0% for COP. Chevron is the larger company by market cap ($414.98 billion vs $161.21 billion), about 2.6 times the size, while ConocoPhillips is growing revenue faster (+7.7% vs -6.8%).
On valuation, ConocoPhillips trades at a lower forward P/E (13.9x vs 14.4x for Chevron). Chevron offers the higher dividend yield (3.30% vs 2.46%). ConocoPhillips converts more of its revenue into profit, with a net margin of 13.6% versus 6.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | COP | CVX |
|---|---|---|
| Share price | $134.19 | $211.55 |
| Market cap | $161.21B | $414.98B |
| 1-day change | +3.35% | +3.12% |
| YTD return | +43.35% | +38.80% |
| 1-year return | +43.14% | +37.60% |
| 5-year return | +81.00% | +93.00% |
| P/E ratio (TTM) | 17.77 | 20.36 |
| Forward P/E | 13.87 | 14.43 |
| EPS (TTM) | $7.55 | $10.39 |
| Dividend yield | 2.46% | 3.30% |
| Annual dividend | $3.30 | $6.98 |
| Revenue (latest FY) | $58.94B | $189.03B |
| Revenue growth (YoY) | +7.67% | -6.79% |
| Net income (latest FY) | $7.99B | $12.30B |
| Gross margin | 62.13% | 42.75% |
| Net margin | 13.55% | 6.51% |
| 52-week high | $141.62 | $217.78 |
| 52-week low | $85.57 | $146.49 |
| Distance from 52-week high | -5.25% | -2.86% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +9.46% | +6.48% |
| Average volume | 6.58M | 8.27M |
| Shares outstanding | 1.20B | 1.96B |
| Employees | 9,600 | 43,039 |
| Sector | Energy | Energy |
| Industry | Integrated oil Companies | Oil & Gas Integrated |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Chevron is about 2.6 times larger than ConocoPhillips by market value ($414.98B vs $161.21B).
- ConocoPhillips is more profitable, keeping 13.6 cents of every revenue dollar as net income versus 6.5 cents for Chevron.
- ConocoPhillips grew revenue faster in its latest fiscal year (+7.67% vs -6.79%).
About ConocoPhillips
COP stock →ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific.
Energy · Integrated oil Companies · 9,600 employees
About Chevron
CVX stock →Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations. It operates through Upstream and Downstream segments.
Energy · Oil & Gas Integrated · 43,039 employees
COP vs CVX FAQ
Which is bigger, ConocoPhillips or Chevron?
Chevron (CVX) is larger, with a market capitalization of $414.98B compared with $161.21B for ConocoPhillips (COP).
Which stock has performed better over the past year, COP or CVX?
COP returned +43.14% over the past 12 months, compared with +37.60% for CVX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, COP or CVX?
COP has the lower trailing P/E at 17.8, versus 20.4 for CVX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ConocoPhillips or Chevron?
Chevron has the higher yield at 3.30%, compared with 2.46% for ConocoPhillips.
Are ConocoPhillips and Chevron in the same industry?
Both are in the Energy sector, but in different industries: Integrated oil Companies for ConocoPhillips and Oil & Gas Integrated for Chevron.