ConocoPhillips (COP) vs Marathon Petroleum (MPC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Marathon Petroleum (MPC) has outperformed ConocoPhillips (COP) over the past year, gaining 130.9% versus a gain of 36.3%. Over five years, MPC leads with a +562.1% price change compared with +75.1% for COP. ConocoPhillips is the larger company by market cap ($161.21 billion vs $130.12 billion), about 1.2 times the size.
On valuation, Marathon Petroleum trades at a lower forward P/E (9.1x vs 13.9x for ConocoPhillips). ConocoPhillips offers the higher dividend yield (2.46% vs 0.86%). ConocoPhillips converts more of its revenue into profit, with a net margin of 13.6% versus 3.0%.
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 | MPC |
|---|---|---|
| Share price | $134.19 | $463.34 |
| Market cap | $161.21B | $130.12B |
| 1-day change | +3.35% | +4.77% |
| YTD return | +38.70% | +171.94% |
| 1-year return | +36.34% | +130.90% |
| 5-year return | +75.13% | +562.07% |
| P/E ratio (TTM) | 17.77 | 16.04 |
| Forward P/E | 13.87 | 9.13 |
| EPS (TTM) | $7.55 | $28.88 |
| Dividend yield | 2.46% | 0.86% |
| Annual dividend | $3.30 | $4.00 |
| Revenue (latest FY) | $58.94B | $132.70B |
| Revenue growth (YoY) | +7.67% | -4.44% |
| Net income (latest FY) | $7.99B | $4.05B |
| Gross margin | 62.13% | 9.99% |
| Operating margin | — | 6.25% |
| Net margin | 13.55% | 3.05% |
| 52-week high | $141.62 | $467.77 |
| 52-week low | $85.57 | $161.93 |
| Distance from 52-week high | -5.25% | -0.95% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +9.46% | -16.79% |
| Average volume | 6.59M | 2.52M |
| Shares outstanding | 1.20B | 280.82M |
| Employees | 9,600 | 18,500 |
| Sector | Energy | Energy |
| Industry | Integrated oil Companies | Integrated oil Companies |
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
- MPC has outperformed COP by 94.6 percentage points over the past year.
- ConocoPhillips offers a meaningfully higher dividend yield (2.46% vs 0.86%).
- ConocoPhillips is more profitable, keeping 13.6 cents of every revenue dollar as net income versus 3.0 cents for Marathon Petroleum.
- ConocoPhillips grew revenue faster in its latest fiscal year (+7.67% vs -4.44%).
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 Marathon Petroleum
MPC stock →Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel.
Energy · Integrated oil Companies · 18,500 employees
COP vs MPC FAQ
Which is bigger, ConocoPhillips or Marathon Petroleum?
ConocoPhillips (COP) is larger, with a market capitalization of $161.21B compared with $130.12B for Marathon Petroleum (MPC).
Which stock has performed better over the past year, COP or MPC?
MPC returned +130.90% over the past 12 months, compared with +36.34% for COP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, COP or MPC?
MPC has the lower trailing P/E at 16.0, versus 17.8 for COP. 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 Marathon Petroleum?
ConocoPhillips has the higher yield at 2.46%, compared with 0.86% for Marathon Petroleum.
Are ConocoPhillips and Marathon Petroleum in the same industry?
Yes. Both are classified in the Integrated oil Companies industry within the Energy sector.