COP vs. EOG: ConocoPhillips vs. EOG Resources Stock Comparison

November 11, 2026

How do ConocoPhillips (COP) and EOG Resources (EOG) 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 EOG Resources (EOG) are both classified in the Oil & Gas Exploration & Production sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.

Company profile comparison for ConocoPhillips (COP) and EOG Resources (EOG)
Profile Item	COP	EOG
Name	ConocoPhillips	EOG Resources, 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 Exploration & Production
Market Capitalization	161.12 billion USD	76.28 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 31, 1981	October 4, 1989
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

COP

EOG

GSPC

ConocoPhillips (COP) vs. EOG Resources (EOG), 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

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Trailing total returns for ConocoPhillips (COP) and EOG Resources (EOG). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for ConocoPhillips (COP) and EOG Resources (EOG)
Metric	COP	EOG
Total Return (1Y)	62.02%	45.14%
Total Return (3Y, Annualized)	9.29%	10.80%
Total Return (5Y, Annualized)	16.40%	14.14%

Risk Profile

Drawdown History

COP

EOG

GSPC

ConocoPhillips (COP) vs. EOG Resources (EOG), 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

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

Risk Metrics

Risk profile metrics for ConocoPhillips (COP) and EOG Resources (EOG)
Metric	COP	EOG
Volatility (1Y, Annualized)	31.63%	30.35%
Beta (5Y)	0.19	0.30
Max Drawdown (5Y)	-36.30%	-33.42%
Avg. Volume (3M)	6.60M	2.98M

Risk-Adjusted Performance

Risk-Return Positioning

COP and EOG 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 EOG Resources (EOG)
Metric	COP	EOG
Sharpe Ratio (1Y)	1.83	1.35
Sortino Ratio (1Y)	2.70	1.95

Profitability

ROE (TTM)

EOG Resources (EOG) at 25.83% sits in the top ROE quartile, while ConocoPhillips (COP) at 17.66% is closer to the peer norm — stronger capital efficiency for EOG.

COP

Energy industry group

17.66%

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

EOG

Energy industry group

25.83%

Max: 53.85%
EOG: 25.83%
Q3: 24.79%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

ConocoPhillips (COP) vs. EOG Resources (EOG): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

EOG Resources (EOG) at 28.06% 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%

EOG

Energy industry group

28.06%

Max: 56.92%
EOG: 28.06%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

ConocoPhillips (COP) vs. EOG Resources (EOG): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

EOG Resources (EOG) at 40.84% 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%

EOG

Energy industry group

40.84%

Max: 71.31%
EOG: 40.84%
Q3: 33.75%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

ConocoPhillips (COP) vs. EOG Resources (EOG): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for ConocoPhillips (COP) and EOG Resources (EOG)
Metric	COP	EOG
ROE (TTM)	17.66%	25.83%
ROA (TTM)	8.98%	11.90%
Net Margin (TTM)	16.76%	28.06%
Operating Margin (TTM)	30.05%	40.84%
Gross Margin (TTM)	49.01%	62.98%

Growth

Revenue Growth

Both ConocoPhillips (COP) at 7.67% and EOG Resources (EOG) at -3.40% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

ConocoPhillips (COP) vs. EOG Resources (EOG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both ConocoPhillips (COP) at -18.69% and EOG Resources (EOG) at -18.93% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

ConocoPhillips (COP) vs. EOG Resources (EOG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ConocoPhillips (COP) and EOG Resources (EOG)
Metric	COP	EOG
Revenue Growth (YoY)	7.67%	-3.40%
Revenue Growth (3Y CAGR)	-9.11%	-8.51%
EPS Growth (YoY)	-18.69%	-18.93%
EPS Growth (3Y CAGR)	-24.18%	-11.64%

Financial Strength

Current Ratio (MRQ)

Both ConocoPhillips (COP) at 1.52 and EOG Resources (EOG) at 1.90 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

EOG

Energy industry group

1.90

Max: 3.64
Q3: 2.21
EOG: 1.90
Median: 1.41
Q1: 0.88
Min: 0.24

ConocoPhillips (COP) vs. EOG Resources (EOG): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

EOG Resources (EOG) at 0.25 keeps leverage in the lower industry quartile, while ConocoPhillips (COP) at 0.35 runs a more typical debt-to-equity mix.

COP

Energy industry group

0.35

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

EOG

Energy industry group

0.25

Max: 1.75
Q3: 0.93
Median: 0.54
Q1: 0.30
EOG: 0.25
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for ConocoPhillips (COP) and EOG Resources (EOG)
Metric	COP	EOG
Current Ratio (MRQ)	1.52	1.90
Debt / Equity (MRQ)	0.35	0.25
Net Debt / EBITDA	0.45	0.16

Dividends

Dividend Yield (TTM)

Both ConocoPhillips (COP) at 2.48% and EOG Resources (EOG) at 2.82% 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%

EOG

Energy industry group

2.82%

Max: 8.57%
Q3: 3.58%
EOG: 2.82%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

ConocoPhillips (COP) vs. EOG Resources (EOG): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both ConocoPhillips (COP) at 35.41% and EOG Resources (EOG) at 26.34% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

COP

Energy industry group

35.41%

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

EOG

Energy industry group

26.34%

Max: 133.24%
Q3: 53.31%
EOG: 26.34%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

ConocoPhillips (COP) vs. EOG Resources (EOG): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for ConocoPhillips (COP) and EOG Resources (EOG)
Metric	COP	EOG
Dividend Yield (TTM)	2.48%	2.82%
Dividend Payout Ratio (TTM)	35.41%	26.34%

Valuation

P/E Ratio (TTM)

Both ConocoPhillips (COP) at 14.36 and EOG Resources (EOG) at 9.50 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

14.36

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

EOG

Energy industry group

9.50

Max: 39.54
Q3: 21.72
Median: 12.19
EOG: 9.50
Q1: 7.71
Min: 2.99

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

P/S Ratio (TTM)

On P/S ratio, both ConocoPhillips (COP) at 2.34 and EOG Resources (EOG) at 2.61 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

COP

Energy industry group

2.34

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

EOG

Energy industry group

2.61

Max: 5.40
Q3: 2.85
EOG: 2.61
Median: 1.69
Q1: 0.88
Min: 0.00

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

P/B Ratio (MRQ)

EOG Resources (EOG) at 2.31 is valued about in line with its industry on P/B ratio, while ConocoPhillips (COP) at 2.44 carries an above-peer premium to book — COP is pricier on assets.

COP

Energy industry group

2.44

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

EOG

Energy industry group

2.31

Max: 4.21
Q3: 2.38
EOG: 2.31
Median: 1.51
Q1: 1.08
Min: 0.01

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

Valuation Metrics

Valuation metrics for ConocoPhillips (COP) and EOG Resources (EOG)
Metric	COP	EOG
P/E Ratio (TTM)	14.36	9.50
P/S Ratio (TTM)	2.34	2.61
P/B Ratio (MRQ)	2.44	2.31
Free Cash Flow Yield (TTM)	7.12%	7.29%