ConocoPhillips (COP) vs Diamondback Energy (FANG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
ConocoPhillips (COP) has outperformed Diamondback Energy (FANG) over the past year, gaining 36.3% versus a gain of 23.8%. Over five years, COP leads with a +75.1% price change compared with +70.3% for FANG. ConocoPhillips is the larger company by market cap ($159.64 billion vs $53.05 billion), about 3.0 times the size, while Diamondback Energy is growing revenue faster (+35.8% vs +7.7%).
On valuation, Diamondback Energy trades at a lower forward P/E (10.1x vs 13.7x for ConocoPhillips). ConocoPhillips offers the higher dividend yield (2.48% vs 2.24%). ConocoPhillips converts more of its revenue into profit, with a net margin of 13.6% versus 11.1%.
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 | FANG |
|---|---|---|
| Share price | $132.89 | $189.44 |
| Market cap | $159.64B | $53.05B |
| 1-day change | +2.34% | +2.74% |
| YTD return | +38.70% | +22.65% |
| 1-year return | +36.34% | +23.82% |
| 5-year return | +75.13% | +70.28% |
| P/E ratio (TTM) | 17.60 | 36.08 |
| Forward P/E | 13.74 | 10.11 |
| EPS (TTM) | $7.55 | $5.25 |
| Dividend yield | 2.48% | 2.24% |
| Annual dividend | $3.30 | $4.25 |
| Revenue (latest FY) | $58.94B | $15.03B |
| Revenue growth (YoY) | +7.67% | +35.79% |
| Net income (latest FY) | $7.99B | $1.66B |
| Gross margin | 62.13% | — |
| Operating margin | — | 8.43% |
| Net margin | 13.55% | 11.07% |
| 52-week high | $141.62 | $216.90 |
| 52-week low | $85.57 | $137.03 |
| Distance from 52-week high | -6.17% | -12.66% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +10.53% | +23.87% |
| Average volume | 6.59M | 2.34M |
| Shares outstanding | 1.20B | 280.02M |
| Employees | 9,600 | 1,762 |
| Sector | Energy | Energy |
| Industry | Integrated oil Companies | Oil & Gas Production |
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
- ConocoPhillips is about 3.0 times larger than Diamondback Energy by market value ($159.64B vs $53.05B).
- COP has outperformed FANG by 12.5 percentage points over the past year.
- Diamondback Energy trades at a higher earnings multiple (36.1x vs 17.6x trailing P/E).
- Diamondback Energy grew revenue faster in its latest fiscal year (+35.79% vs +7.67%).
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 Diamondback Energy
FANG stock →Diamondback Energy, Inc., an independent oil and natural gas company, acquires, develops, explores, and exploits unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas, the United States. The company primarily focuses on the development of the Spraberry and Wolfcamp formations of the Midland Basin; and the Wolfcamp and Bone Spring formations of the Delaware Basin, both of which are part of the Permian Basin in West Texas and New Mexico.
Energy · Oil & Gas Production · 1,762 employees
COP vs FANG FAQ
Which is bigger, ConocoPhillips or Diamondback Energy?
ConocoPhillips (COP) is larger, with a market capitalization of $159.64B compared with $53.05B for Diamondback Energy (FANG).
Which stock has performed better over the past year, COP or FANG?
COP returned +36.34% over the past 12 months, compared with +23.82% for FANG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, COP or FANG?
COP has the lower trailing P/E at 17.6, versus 36.1 for FANG. 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 Diamondback Energy?
ConocoPhillips has the higher yield at 2.48%, compared with 2.24% for Diamondback Energy.
Are ConocoPhillips and Diamondback Energy in the same industry?
Both are in the Energy sector, but in different industries: Integrated oil Companies for ConocoPhillips and Oil & Gas Production for Diamondback Energy.