ConocoPhillips vs Chevron
COP and CVX side by side, both in petroleum refining. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How COP and CVX compare
Chevron is the larger company, worth 2.5 times as much as ConocoPhillips ($465B against $185B).
On earnings, ConocoPhillips is cheaper: it trades at 20.4× trailing earnings, against 22.6× for Chevron.
Chevron grew revenue faster over the last twelve months (10.2% versus 9.6% for ConocoPhillips).
ConocoPhillips keeps more of each dollar of sales as profit, with a net margin of 14.7% compared with 9.6% at Chevron.
Both pay dividends: ConocoPhillips yields 2.2% and Chevron 3.0%.
Chevron scores higher on the StockData Score (12 against 10 for ConocoPhillips), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | COP | CVX |
|---|---|---|
| Size and price | ||
| Market cap | $185B | $465B |
| Share price | $154.03 | $235.52 |
| Change, 1 year | 74.9% | 51.9% |
| Change, 5 years | 104% | 105% |
| Beta (5Y) | 0.47 | 0.38 |
| Employees | 9,900 | 4,645 |
| StockData Score | ||
| Total score | 10 | 12 (better) |
| Valuation score | 1 | 1 |
| Growth score | 0 | 1 (better) |
| Performance score | 1 | 1 |
| Health score | 5 | 5 |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 20.4× (better) | 22.6× |
| P/S | 2.9× | 2.2× (better) |
| P/B | 2.8× | 2.5× (better) |
| EV/EBITDA | 7.6× (better) | 8.3× |
| P/FCF | – | 17.2× |
| FCF yield | – | 5.8% |
| Fair value | $153.11 | $195.40 |
| Margin of safety | −0.60% (better) | −20.5% |
| Growth | ||
| Revenue growth (TTM) | 9.6% | 10.2% (better) |
| Revenue growth, 5Y average | 25.7% (better) | 14.8% |
| Net income growth (TTM) | 1.1% | 50.1% (better) |
| EPS growth (TTM) | 1.3% | 34.6% (better) |
| Profitability | ||
| Gross margin | 62.0% (better) | 45.4% |
| Net margin | 14.7% (better) | 9.6% |
| FCF margin | – | 12.5% |
| Return on equity | 14.2% (better) | 12.2% |
| Financial health | ||
| Debt / equity | 0.36 | 0.00 (better) |
| Net debt / EBITDA | 0.59 (better) | −0.17 |
| Current ratio | 1.54 (better) | 1.25 |
| Altman Z-score | 3.28 | 3.66 (better) |
| Piotroski F-score | 5 | 5 |
| Dividends and buybacks | ||
| Dividend yield | 2.2% | 3.0% (better) |
| Payout ratio | 43.8% | 67.3% |
| Years of dividend growth | 9 (better) | 6 |
| Dividend growth, 5Y average | 13.5% (better) | 5.8% |
| Buyback yield | 2.9% (better) | 2.4% |
| Shareholder yield | 5.1% | 5.4% (better) |
| Ownership | ||
| Held by institutions | 85.1% | 74.3% |
| Held by insiders | 0.08% | 0.34% |
| Insider net buying, 12 months | −$145M (better) | −$637M |
| Superinvestors holding | 5 (better) | 4 |
| Short interest, % of float | 1.3% | 1.2% |
Go deeper
- COP stock overview
- COP income statement
- COP valuation and score
- CVX stock overview
- CVX income statement
- CVX valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.