COP vs. DTM: ConocoPhillips vs. DT Midstream Stock Comparison

November 11, 2026

How do ConocoPhillips (COP) and DT Midstream (DTM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

ConocoPhillips (COP) and DT Midstream (DTM) both belong to the Oil, Gas & Consumable Fuels industry, though COP is classified under Oil & Gas Exploration & Production while DTM falls under Oil & Gas Storage & Transportation.

ConocoPhillips (COP) has more than two decades of public-market history since December 31, 1981, whereas DT Midstream (DTM) listed on July 1, 2021 and has a much shorter record to draw on.

Company profile comparison for ConocoPhillips (COP) and DT Midstream (DTM)
Profile Item	COP	DTM
Name	ConocoPhillips	DT Midstream, Inc.
Country/Region	United States	United States
GICS Sector	Energy	Energy
GICS Industry Group	Energy	Energy
GICS Industry	Oil, Gas & Consumable Fuels	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Oil & Gas Exploration & Production	Oil & Gas Storage & Transportation
Market Capitalization	161.12 billion USD	11.60 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 31, 1981	July 1, 2021
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

COP

DTM

GSPC

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

Trailing Returns

Loading price history…

Trailing total returns for ConocoPhillips (COP) and DT Midstream (DTM). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for ConocoPhillips (COP) and DT Midstream (DTM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for ConocoPhillips (COP) and DT Midstream (DTM)
Metric	COP	DTM
Total Return (1Y)	62.02%	4.08%
Total Return (3Y, Annualized)	9.29%	32.58%
Total Return (5Y, Annualized)	16.40%	23.68%

Risk Profile

Drawdown History

COP

DTM

GSPC

ConocoPhillips (COP) vs. DT Midstream (DTM), with S&P 500 (GSPC) for reference: 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

Loading price history…

Distribution of monthly total returns for ConocoPhillips (COP) and DT Midstream (DTM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ConocoPhillips (COP) and DT Midstream (DTM)
Metric	COP	DTM
Volatility (1Y, Annualized)	31.63%	23.13%
Beta (5Y)	0.19	0.75
Max Drawdown (5Y)	-36.30%	-24.59%
Avg. Volume (3M)	6.60M	983.33K

Risk-Adjusted Performance

Risk-Return Positioning

COP and DTM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for ConocoPhillips (COP) and DT Midstream (DTM)
Metric	COP	DTM
Sharpe Ratio (1Y)	1.83	-0.01
Sortino Ratio (1Y)	2.70	-0.01

Profitability

ROE (TTM)

Both ConocoPhillips (COP) at 17.66% and DT Midstream (DTM) at 9.92% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

COP

Energy industry group

17.66%

Max: 53.85%
Q3: 24.79%
COP: 17.66%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

DTM

Energy industry group

9.92%

Max: 53.85%
Q3: 24.79%
Median: 12.85%
DTM: 9.92%
Q1: 2.03%
Min: -29.09%

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

DT Midstream (DTM) at 35.36% retains a top-quartile share of revenue as profit, ahead of ConocoPhillips (COP) at 16.76%, which keeps about the industry-typical share.

COP

Energy industry group

16.76%

Max: 56.92%
Q3: 22.92%
COP: 16.76%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

DTM

Energy industry group

35.36%

Max: 56.92%
DTM: 35.36%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

DT Midstream (DTM) at 49.11% operates in the top operating margin quartile, ahead of ConocoPhillips (COP) at 30.05%, which runs around its industry’s norm.

COP

Energy industry group

30.05%

Max: 71.31%
Q3: 33.75%
COP: 30.05%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

DTM

Energy industry group

49.11%

Max: 71.31%
DTM: 49.11%
Q3: 33.75%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for ConocoPhillips (COP) and DT Midstream (DTM)
Metric	COP	DTM
ROE (TTM)	17.66%	9.92%
ROA (TTM)	8.98%	4.05%
Net Margin (TTM)	16.76%	35.36%
Operating Margin (TTM)	30.05%	49.11%
Gross Margin (TTM)	49.01%	75.38%

Growth

Revenue Growth

DT Midstream (DTM) at 26.71% sits in the top revenue growth quartile, while ConocoPhillips (COP) at 7.67% is closer to the peer norm — faster top-line expansion for DTM.

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both ConocoPhillips (COP) at -18.69% and DT Midstream (DTM) at 19.44% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ConocoPhillips (COP) and DT Midstream (DTM)
Metric	COP	DTM
Revenue Growth (YoY)	7.67%	26.71%
Revenue Growth (3Y CAGR)	-9.11%	10.55%
EPS Growth (YoY)	-18.69%	19.44%
EPS Growth (3Y CAGR)	-24.18%	4.12%

Financial Strength

Current Ratio (MRQ)

Both ConocoPhillips (COP) at 1.52 and DT Midstream (DTM) at 1.16 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

COP

Energy industry group

1.52

Max: 3.64
Q3: 2.21
COP: 1.52
Median: 1.41
Q1: 0.88
Min: 0.24

DTM

Energy industry group

1.16

Max: 3.64
Q3: 2.21
Median: 1.41
DTM: 1.16
Q1: 0.88
Min: 0.24

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both ConocoPhillips (COP) at 0.35 and DT Midstream (DTM) at 0.67 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

COP

Energy industry group

0.35

Max: 1.75
Q3: 0.93
Median: 0.54
COP: 0.35
Q1: 0.30
Min: 0.00

DTM

Energy industry group

0.67

Max: 1.75
Q3: 0.93
DTM: 0.67
Median: 0.54
Q1: 0.30
Min: 0.00

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ConocoPhillips (COP) and DT Midstream (DTM)
Metric	COP	DTM
Current Ratio (MRQ)	1.52	1.16
Debt / Equity (MRQ)	0.35	0.67
Net Debt / EBITDA	0.45	3.30

Dividends

Dividend Yield (TTM)

Both ConocoPhillips (COP) at 2.48% and DT Midstream (DTM) at 3.07% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

COP

Energy industry group

2.48%

Max: 8.57%
Q3: 3.58%
COP: 2.48%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

DTM

Energy industry group

3.07%

Max: 8.57%
Q3: 3.58%
DTM: 3.07%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

ConocoPhillips (COP) at 35.41% pays out a band-typical share of earnings, while DT Midstream (DTM) at 75.38% distributes more than its industry norm — less retained, thinner cover.

COP

Energy industry group

35.41%

Max: 133.24%
Q3: 53.31%
COP: 35.41%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

DTM

Energy industry group

75.38%

Max: 133.24%
DTM: 75.38%
Q3: 53.31%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for ConocoPhillips (COP) and DT Midstream (DTM)
Metric	COP	DTM
Dividend Yield (TTM)	2.48%	3.07%
Dividend Payout Ratio (TTM)	35.41%	75.38%

Valuation

P/E Ratio (TTM)

ConocoPhillips (COP) at 14.36 is near its industry’s usual P/E ratio, while DT Midstream (DTM) at 24.76 sits in the richer quartile — DTM needs stronger growth or earnings quality to justify the premium.

COP

Energy industry group

14.36

Max: 39.54
Q3: 21.72
COP: 14.36
Median: 12.19
Q1: 7.71
Min: 2.99

DTM

Energy industry group

24.76

Max: 39.54
DTM: 24.76
Q3: 21.72
Median: 12.19
Q1: 7.71
Min: 2.99

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

ConocoPhillips (COP) at 2.34 prices around its industry’s typical P/S ratio, while DT Midstream (DTM) at 8.70 clears its benchmark range — DTM looks notably rich on sales.

COP

Energy industry group

2.34

Max: 5.40
Q3: 2.85
COP: 2.34
Median: 1.69
Q1: 0.88
Min: 0.00

DTM

Energy industry group

8.70

DTM: 8.70
Max: 5.40
Q3: 2.85
Median: 1.69
Q1: 0.88
Min: 0.00

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both ConocoPhillips (COP) at 2.44 and DT Midstream (DTM) at 2.41 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

COP

Energy industry group

2.44

Max: 4.21
COP: 2.44
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

DTM

Energy industry group

2.41

Max: 4.21
DTM: 2.41
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

ConocoPhillips (COP) vs. DT Midstream (DTM): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for ConocoPhillips (COP) and DT Midstream (DTM)
Metric	COP	DTM
P/E Ratio (TTM)	14.36	24.76
P/S Ratio (TTM)	2.34	8.70
P/B Ratio (MRQ)	2.44	2.41
Free Cash Flow Yield (TTM)	7.12%	2.27%