COP vs. ENB: ConocoPhillips vs. Enbridge Stock Comparison
How do ConocoPhillips (COP) and Enbridge (ENB) 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 Enbridge (ENB) both belong to the Oil, Gas & Consumable Fuels industry, though COP is classified under Oil & Gas Exploration & Production while ENB falls under Oil & Gas Storage & Transportation.
| Profile Item | COP | ENB |
|---|---|---|
| Name | ConocoPhillips | Enbridge Inc. |
| Country/Region | United States | Canada |
| 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 | 143.15 billion USD | 121.11 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | March 15, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | COP | ENB |
|---|---|---|
| Total Return (1Y) | 33.40% | 29.48% |
| Total Return (3Y, Annualized) | 4.47% | 21.00% |
| Total Return (5Y, Annualized) | 19.75% | 14.30% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | COP | ENB |
|---|---|---|
| Volatility (1Y, Annualized) | 29.71% | 16.67% |
| Beta (5Y) | 0.12 | 0.59 |
| Max Drawdown (5Y) | -36.30% | -28.31% |
| Avg. Volume (3M) | 7.60M | 4.13M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | COP | ENB |
|---|---|---|
| Sharpe Ratio (1Y) | 0.99 | 1.53 |
| Sortino Ratio (1Y) | 1.44 | 2.35 |
Profitability
ROE (TTM)
Both ConocoPhillips (COP) at 11.28% and Enbridge (ENB) at 10.13% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
COP
Energy industry group
11.28%
- Max
- 37.23%
- Q3
- 15.97%
- COP
- 11.28%
- Median
- 9.26%
- Q1
- -1.11%
- Min
- -20.70%
ENB
Energy industry group
10.13%
- Max
- 37.23%
- Q3
- 15.97%
- ENB
- 10.13%
- Median
- 9.26%
- Q1
- -1.11%
- Min
- -20.70%
Net Margin (TTM)
Both ConocoPhillips (COP) at 12.33% and Enbridge (ENB) at 10.00% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
COP
Energy industry group
12.33%
- Max
- 46.37%
- Q3
- 18.84%
- COP
- 12.33%
- Median
- 6.23%
- Q1
- 0.00%
- Min
- -27.23%
ENB
Energy industry group
10.00%
- Max
- 46.37%
- Q3
- 18.84%
- ENB
- 10.00%
- Median
- 6.23%
- Q1
- 0.00%
- Min
- -27.23%
Operating Margin (TTM)
Both ConocoPhillips (COP) at 22.05% and Enbridge (ENB) at 14.73% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
COP
Energy industry group
22.05%
- Max
- 68.02%
- Q3
- 29.22%
- COP
- 22.05%
- Median
- 12.12%
- Q1
- 0.00%
- Min
- -41.46%
ENB
Energy industry group
14.73%
- Max
- 68.02%
- Q3
- 29.22%
- ENB
- 14.73%
- Median
- 12.12%
- Q1
- 0.00%
- Min
- -41.46%
Profitability Metrics
| Metric | COP | ENB |
|---|---|---|
| ROE (TTM) | 11.28% | 10.13% |
| ROA (TTM) | 5.87% | 3.17% |
| Net Margin (TTM) | 12.33% | 10.00% |
| Operating Margin (TTM) | 22.05% | 14.73% |
| Gross Margin (TTM) | 45.59% | 38.86% |
Growth
Revenue Growth
Enbridge (ENB) at 21.92% sits in the top revenue growth quartile, while ConocoPhillips (COP) at 7.67% is closer to the peer norm — faster top-line expansion for ENB.
EPS Growth
Enbridge (ENB) at 37.61% sits in the top EPS growth quartile, while ConocoPhillips (COP) at -18.69% is closer to the peer norm — faster per-share earnings growth for ENB.
Growth Metrics
| Metric | COP | ENB |
|---|---|---|
| Revenue Growth (YoY) | 7.67% | 21.92% |
| Revenue Growth (3Y CAGR) | -9.11% | 6.94% |
| EPS Growth (YoY) | -18.69% | 37.61% |
| EPS Growth (3Y CAGR) | -24.18% | 36.00% |
Financial Strength
Current Ratio (MRQ)
ConocoPhillips (COP) at 1.29 keeps current ratio within its industry’s typical mid-range, while Enbridge (ENB) at 0.81 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ENB.
COP
Energy industry group
1.29
- Max
- 3.33
- Q3
- 2.11
- Median
- 1.30
- COP
- 1.29
- Q1
- 0.83
- Min
- 0.08
ENB
Energy industry group
0.81
- Max
- 3.33
- Q3
- 2.11
- Median
- 1.30
- Q1
- 0.83
- ENB
- 0.81
- Min
- 0.08
Debt / Equity (MRQ)
ConocoPhillips (COP) at 0.36 carries an industry-typical debt-to-equity mix, while Enbridge (ENB) at 1.60 uses more debt funding than most peers.
COP
Energy industry group
0.36
- Max
- 2.02
- Q3
- 1.01
- Median
- 0.61
- COP
- 0.36
- Q1
- 0.31
- Min
- 0.00
ENB
Energy industry group
1.60
- Max
- 2.02
- ENB
- 1.60
- Q3
- 1.01
- Median
- 0.61
- Q1
- 0.31
- Min
- 0.00
Financial Strength Metrics
| Metric | COP | ENB |
|---|---|---|
| Current Ratio (MRQ) | 1.29 | 0.81 |
| Debt / Equity (MRQ) | 0.36 | 1.60 |
| Net Debt / EBITDA | 0.73 | 6.33 |
Dividends
Dividend Yield (TTM)
Enbridge (ENB) at 6.82% delivers top-quartile income for its industry, while ConocoPhillips (COP) at 2.80% pays a more typical yield — both are credible income propositions, ENB the richer one.
COP
Energy industry group
2.80%
- Max
- 8.32%
- Q3
- 3.37%
- COP
- 2.80%
- Median
- 1.41%
- Q1
- 0.00%
- Min
- 0.00%
ENB
Energy industry group
6.82%
- Max
- 8.32%
- ENB
- 6.82%
- Q3
- 3.37%
- Median
- 1.41%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Enbridge (ENB) reports payout ratio above 100% at 128.73%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile ConocoPhillips (COP) reports 54.92%, ranking against industry peers normally.
COP
Energy industry group
54.92%
- Max
- 139.86%
- Q3
- 62.17%
- COP
- 54.92%
- Median
- 31.82%
- Q1
- 0.00%
- Min
- 0.00%
ENB
Energy industry group
128.73%
- Max
- 139.86%
- ENB
- 128.73%
- Q3
- 62.17%
- Median
- 31.82%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | COP | ENB |
|---|---|---|
| Dividend Yield (TTM) | 2.80% | 6.82% |
| Dividend Payout Ratio (TTM) | 54.92% | 128.73% |
Valuation
P/E Ratio (TTM)
Both ConocoPhillips (COP) at 19.62 and Enbridge (ENB) at 26.79 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
COP
Energy industry group
19.62
- Max
- 56.89
- Q3
- 30.88
- COP
- 19.62
- Median
- 17.62
- Q1
- 11.21
- Min
- 1.65
ENB
Energy industry group
26.79
- Max
- 56.89
- Q3
- 30.88
- ENB
- 26.79
- Median
- 17.62
- Q1
- 11.21
- Min
- 1.65
P/S Ratio (TTM)
On P/S ratio, both ConocoPhillips (COP) at 2.41 and Enbridge (ENB) at 1.75 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
COP
Energy industry group
2.41
- Max
- 5.86
- Q3
- 3.19
- COP
- 2.41
- Median
- 1.90
- Q1
- 1.00
- Min
- 0.00
ENB
Energy industry group
1.75
- Max
- 5.86
- Q3
- 3.19
- Median
- 1.90
- ENB
- 1.75
- Q1
- 1.00
- Min
- 0.00
P/B Ratio (MRQ)
ConocoPhillips (COP) at 2.22 is valued about in line with its industry on P/B ratio, while Enbridge (ENB) at 2.93 carries an above-peer premium to book — ENB is pricier on assets.
COP
Energy industry group
2.22
- Max
- 5.02
- Q3
- 2.85
- COP
- 2.22
- Median
- 1.76
- Q1
- 1.21
- Min
- 0.01
ENB
Energy industry group
2.93
- Max
- 5.02
- ENB
- 2.93
- Q3
- 2.85
- Median
- 1.76
- Q1
- 1.21
- Min
- 0.01
Valuation Metrics
| Metric | COP | ENB |
|---|---|---|
| P/E Ratio (TTM) | 19.62 | 26.79 |
| P/S Ratio (TTM) | 2.41 | 1.75 |
| P/B Ratio (MRQ) | 2.22 | 2.93 |
| Free Cash Flow Yield (TTM) | 3.69% | -1.18% |