Equinor ASA (EQNR) vs Phillips 66 (PSX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Phillips 66 (PSX) has outperformed Equinor ASA (EQNR) over the past year, gaining 114.5% versus a gain of 74.3%. Over five years, PSX leads with a +246.7% price change compared with +52.7% for EQNR. Phillips 66 is the larger company by market cap ($112.90 billion vs $101.71 billion), about 1.1 times the size, while Equinor ASA is growing revenue faster (+2.6% vs -7.5%).
On valuation, Equinor ASA trades at a lower forward P/E (9.3x vs 10.6x for Phillips 66). Equinor ASA offers the higher dividend yield (3.59% vs 1.75%). Equinor ASA converts more of its revenue into profit, with a net margin of 4.7% versus 3.3%.
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 | EQNR | PSX |
|---|---|---|
| Share price | $42.93 | $281.60 |
| Market cap | $101.71B | $112.90B |
| 1-day change | +3.17% | +3.67% |
| YTD return | +81.68% | +118.23% |
| 1-year return | +74.30% | +114.47% |
| 5-year return | +52.70% | +246.71% |
| P/E ratio (TTM) | 11.73 | 16.09 |
| Forward P/E | 9.31 | 10.55 |
| EPS (TTM) | $3.66 | $17.50 |
| Dividend yield | 3.59% | 1.75% |
| Annual dividend | $1.54 | $4.94 |
| Revenue (latest FY) | $106.46B | $132.38B |
| Revenue growth (YoY) | +2.59% | -7.53% |
| Net income (latest FY) | $5.04B | $4.40B |
| Gross margin | 48.18% | 12.30% |
| Operating margin | 23.81% | — |
| Net margin | 4.74% | 3.33% |
| 52-week high | $45.84 | $282.64 |
| 52-week low | $22.26 | $126.74 |
| Distance from 52-week high | -6.35% | -0.37% |
| Analyst consensus | hold | buy |
| Avg. price target upside | -9.55% | -8.68% |
| Average volume | 3.48M | 2.84M |
| Shares outstanding | 2.37B | 400.94M |
| Employees | 23,545 | 12,600 |
| 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
- PSX has outperformed EQNR by 40.2 percentage points over the past year.
- Phillips 66 trades at a higher earnings multiple (16.1x vs 11.7x trailing P/E).
- Equinor ASA offers a meaningfully higher dividend yield (3.59% vs 1.75%).
- Equinor ASA grew revenue faster in its latest fiscal year (+2.59% vs -7.53%).
About Equinor ASA
EQNR stock →Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments.
Energy · Integrated oil Companies · 23,545 employees
About Phillips 66
PSX stock →Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels.
Energy · Integrated oil Companies · 12,600 employees
EQNR vs PSX FAQ
Which is bigger, Equinor ASA or Phillips 66?
Phillips 66 (PSX) is larger, with a market capitalization of $112.90B compared with $101.71B for Equinor ASA (EQNR).
Which stock has performed better over the past year, EQNR or PSX?
PSX returned +114.47% over the past 12 months, compared with +74.30% for EQNR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EQNR or PSX?
EQNR has the lower trailing P/E at 11.7, versus 16.1 for PSX. 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, Equinor ASA or Phillips 66?
Equinor ASA has the higher yield at 3.59%, compared with 1.75% for Phillips 66.
Are Equinor ASA and Phillips 66 in the same industry?
Yes. Both are classified in the Integrated oil Companies industry within the Energy sector.