ConocoPhillips (COP) Stock Analysis

July 23, 2026

This is a peer-relative look at ConocoPhillips (COP): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Energy peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for ConocoPhillips (COP)
Profile Item	COP
Name	ConocoPhillips
Country/Region	United States
GICS Sector	Energy
GICS Industry Group	Energy
GICS Industry	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Oil & Gas Exploration & Production
Market Capitalization	143.15 billion USD
Currency	USD
Exchange	NYSE
Listing Date	December 31, 1981
Security Type	Common Stock

Price Performance

Cumulative Growth

COP

GSPC

ConocoPhillips (COP) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for ConocoPhillips (COP) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for ConocoPhillips (COP) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

ConocoPhillips (COP) metric values compared with Energy industry-group medians
Metric	Current stock: COP	Industry group median
Total Return (1Y)	33.40%	47.02%
Total Return (3Y, Annualized)	4.47%	16.02%
Total Return (5Y, Annualized)	19.75%	20.34%

Risk Profile

Drawdown History

COP

GSPC

ConocoPhillips (COP) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for ConocoPhillips (COP) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

ConocoPhillips (COP) metric values compared with Energy industry-group medians
Metric	Current stock: COP	Industry group median
Volatility (1Y, Annualized)	29.71%	41.47%
Beta (5Y)	0.12	0.59
Max Drawdown (5Y)	-36.30%	-52.50%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. COP is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

ConocoPhillips (COP) metric values compared with Energy industry-group medians
Metric	Current stock: COP	Industry group median
Sharpe Ratio (1Y)	0.99	1.21
Sortino Ratio (1Y)	1.44	1.87

Profitability

ROE (TTM)

ConocoPhillips (COP) posts ROE of 11.28%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

COP

Energy industry group

11.28%

Group distribution

Max: 37.23%
Q3: 15.97%
COP: 11.28%
Median: 9.26%
Q1: -1.11%
Min: -20.70%

Largest peers

PBR: 25.60%
TTE: 12.51%
COP: 11.28%
SHEL: 10.70%
ENB: 10.13%
XOM: 9.87%
CVX: 6.64%

Where ConocoPhillips (COP) stands on ROE within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

ConocoPhillips (COP) keeps 12.33% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

COP

Energy industry group

12.33%

Group distribution

Max: 46.37%
Q3: 18.84%
COP: 12.33%
Median: 6.23%
Q1: 0.00%
Min: -27.23%

Largest peers

PBR: 21.60%
COP: 12.33%
ENB: 10.00%
TTE: 8.20%
XOM: 7.77%
SHEL: 7.01%
CVX: 5.93%

Where ConocoPhillips (COP) stands on net margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

ConocoPhillips (COP) turns 22.05% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

COP

Energy industry group

22.05%

Group distribution

Max: 68.02%
Q3: 29.22%
COP: 22.05%
Median: 12.12%
Q1: 0.00%
Min: -41.46%

Largest peers

PBR: 31.95%
COP: 22.05%
TTE: 20.35%
SHEL: 14.87%
ENB: 14.73%
CVX: 7.31%
XOM: 6.36%

Where ConocoPhillips (COP) stands on operating margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

ConocoPhillips (COP) metric values compared with Energy industry-group medians
Metric	Current stock: COP	Industry group median
ROE (TTM)	11.28%	9.26%
ROA (TTM)	5.87%	4.22%
Net Margin (TTM)	12.33%	6.23%
Operating Margin (TTM)	22.05%	12.12%
Gross Margin (TTM)	45.59%	41.77%

Growth

Revenue Growth

ConocoPhillips (COP) grew revenue 7.67%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

ConocoPhillips (COP): Revenue Growth across different time periods, set against Energy industry-group medians.

EPS Growth

ConocoPhillips (COP) grew earnings per share -18.69%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

ConocoPhillips (COP): EPS Growth across different time periods, set against Energy industry-group medians.

Growth Metrics

ConocoPhillips (COP) metric values compared with Energy industry-group medians
Metric	Current stock: COP	Industry group median
Revenue Growth (YoY)	7.67%	0.51%
Revenue Growth (3Y CAGR)	-9.11%	0.65%
EPS Growth (YoY)	-18.69%	-12.75%
EPS Growth (3Y CAGR)	-24.18%	-12.42%

Financial Strength

Current Ratio (MRQ)

ConocoPhillips (COP) has current ratio of 1.29, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

COP

Energy industry group

1.29

Group distribution

Max: 3.33
Q3: 2.11
Median: 1.30
COP: 1.29
Q1: 0.83
Min: 0.08

Largest peers

COP: 1.29
SHEL: 1.28
CVX: 1.09
TTE: 1.08
XOM: 1.04
ENB: 0.81
PBR: 0.74

Where ConocoPhillips (COP) stands on current ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

ConocoPhillips (COP) has debt-to-equity ratio of 0.36, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

COP

Energy industry group

0.36

Group distribution

Max: 2.02
Q3: 1.01
Median: 0.61
COP: 0.36
Q1: 0.31
Min: 0.00

Largest peers

ENB: 1.60
PBR: 0.83
TTE: 0.51
SHEL: 0.43
COP: 0.36
CVX: 0.24
XOM: 0.18

Where ConocoPhillips (COP) stands on debt-to-equity ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

ConocoPhillips (COP) metric values compared with Energy industry-group medians
Metric	Current stock: COP	Industry group median
Current Ratio (MRQ)	1.29	1.30
Debt / Equity (MRQ)	0.36	0.61
Net Debt / EBITDA	0.73	1.39

Dividends

Dividend Yield (TTM)

ConocoPhillips (COP) has dividend yield of 2.80%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

COP

Energy industry group

2.80%

Group distribution

Max: 8.32%
Q3: 3.37%
COP: 2.80%
Median: 1.41%
Q1: 0.00%
Min: 0.00%

Largest peers

PBR: 16.44%
ENB: 6.82%
TTE: 5.09%
CVX: 3.64%
COP: 2.80%
XOM: 2.72%
SHEL: 1.72%

Where ConocoPhillips (COP) stands on dividend yield within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

ConocoPhillips (COP) has payout ratio of 54.92%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

COP

Energy industry group

54.92%

Group distribution

Max: 139.86%
Q3: 62.17%
COP: 54.92%
Median: 31.82%
Q1: 0.00%
Min: 0.00%

Largest peers

ENB: 128.73%
CVX: 120.38%
XOM: 68.01%
TTE: 58.84%
COP: 54.92%
SHEL: 45.05%
PBR: 41.58%

Where ConocoPhillips (COP) stands on payout ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

ConocoPhillips (COP) metric values compared with Energy industry-group medians
Metric	Current stock: COP	Industry group median
Dividend Yield (TTM)	2.80%	1.41%
Dividend Payout Ratio (TTM)	54.92%	31.82%

Valuation

P/E Ratio (TTM)

ConocoPhillips (COP) trades at P/E ratio of 19.62, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

COP

Energy industry group

19.62

Group distribution

Max: 56.89
Q3: 30.88
COP: 19.62
Median: 17.62
Q1: 11.21
Min: 1.65

Largest peers

CVX: 33.00
ENB: 26.79
XOM: 24.99
COP: 19.62
SHEL: 13.58
TTE: 11.98
PBR: 5.79

Where ConocoPhillips (COP) stands on P/E ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

ConocoPhillips (COP) trades at 2.41 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

COP

Energy industry group

2.41

Group distribution

Max: 5.86
Q3: 3.19
COP: 2.41
Median: 1.90
Q1: 1.00
Min: 0.00

Largest peers

COP: 2.41
CVX: 2.05
XOM: 1.93
ENB: 1.75
TTE: 1.01
SHEL: 0.90
PBR: 0.24

Where ConocoPhillips (COP) stands on P/S ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

ConocoPhillips (COP) trades at 2.22 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

COP

Energy industry group

2.22

Group distribution

Max: 5.02
Q3: 2.85
COP: 2.22
Median: 1.76
Q1: 1.21
Min: 0.01

Largest peers

ENB: 2.93
XOM: 2.47
COP: 2.22
CVX: 2.06
TTE: 1.45
SHEL: 1.42
PBR: 1.37

Where ConocoPhillips (COP) stands on P/B ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

ConocoPhillips (COP) metric values compared with Energy industry-group medians
Metric	Current stock: COP	Industry group median
P/E Ratio (TTM)	19.62	17.62
P/S Ratio (TTM)	2.41	1.90
P/B Ratio (MRQ)	2.22	1.76
Free Cash Flow Yield (TTM)	3.69%	3.34%