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COP vs. EQNR: ConocoPhillips vs. Equinor Stock Comparison

How do ConocoPhillips (COP) and Equinor (EQNR) 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 Equinor (EQNR) both belong to the Oil, Gas & Consumable Fuels industry, though COP is classified under Oil & Gas Exploration & Production while EQNR falls under Integrated Oil & Gas.

ConocoPhillips (COP) trades as ordinary local shares, while Equinor (EQNR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for ConocoPhillips (COP) and Equinor (EQNR)
Profile ItemCOPEQNR
NameConocoPhillipsEquinor ASA Sponsored ADR
Country/RegionUnited StatesNorway
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryOil & Gas Exploration & ProductionIntegrated Oil & Gas
Market Capitalization161.12 billion USD99.39 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateDecember 31, 1981June 18, 2001
Security TypeCommon StockADR

Price Performance

Cumulative Growth

COP
EQNR
GSPC
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ConocoPhillips (COP) vs. Equinor (EQNR), 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 Equinor (EQNR). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for ConocoPhillips (COP) and Equinor (EQNR)
MetricCOPEQNR
Total Return (1Y)62.02%78.03%
Total Return (3Y, Annualized)9.29%17.56%
Total Return (5Y, Annualized)16.40%17.66%

Risk Profile

Drawdown History

COP
EQNR
GSPC
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ConocoPhillips (COP) vs. Equinor (EQNR), 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 Equinor (EQNR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ConocoPhillips (COP) and Equinor (EQNR)
MetricCOPEQNR
Volatility (1Y, Annualized)31.63%40.50%
Beta (5Y)0.190.18
Max Drawdown (5Y)-36.30%-34.57%
Avg. Volume (3M)6.60M3.77M

Risk-Adjusted Performance

Risk-Return Positioning

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COP and EQNR 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 Equinor (EQNR)
MetricCOPEQNR
Sharpe Ratio (1Y)1.831.82
Sortino Ratio (1Y)2.702.76

Profitability

ROE (TTM)

Equinor (EQNR) at 27.57% sits in the top ROE quartile, while ConocoPhillips (COP) at 17.66% is closer to the peer norm — stronger capital efficiency for EQNR.

COP

Energy industry group

17.66%

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

EQNR

Energy industry group

27.57%

Max
53.85%
EQNR
27.57%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both ConocoPhillips (COP) at 16.76% and Equinor (EQNR) at 9.79% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

COP

Energy industry group

16.76%

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

EQNR

Energy industry group

9.79%

Max
56.92%
Q3
22.92%
Median
10.10%
EQNR
9.79%
Q1
0.07%
Min
-27.38%
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Equinor (EQNR) at 37.00% 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%

EQNR

Energy industry group

37.00%

Max
71.31%
EQNR
37.00%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for ConocoPhillips (COP) and Equinor (EQNR)
MetricCOPEQNR
ROE (TTM)17.66%27.57%
ROA (TTM)8.98%17.10%
Net Margin (TTM)16.76%9.79%
Operating Margin (TTM)30.05%37.00%
Gross Margin (TTM)49.01%43.18%

Growth

Revenue Growth

Both ConocoPhillips (COP) at 7.67% and Equinor (EQNR) at 3.24% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both ConocoPhillips (COP) at -18.69% and Equinor (EQNR) at -37.62% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for ConocoPhillips (COP) and Equinor (EQNR)
MetricCOPEQNR
Revenue Growth (YoY)7.67%3.24%
Revenue Growth (3Y CAGR)-9.11%-10.78%
EPS Growth (YoY)-18.69%-37.62%
EPS Growth (3Y CAGR)-24.18%-40.11%

Financial Strength

Current Ratio (MRQ)

Both ConocoPhillips (COP) at 1.52 and Equinor (EQNR) at 1.18 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

EQNR

Energy industry group

1.18

Max
3.64
Q3
2.21
Median
1.41
EQNR
1.18
Q1
0.88
Min
0.24
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both ConocoPhillips (COP) at 0.35 and Equinor (EQNR) at 0.66 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

EQNR

Energy industry group

0.66

Max
1.75
Q3
0.93
EQNR
0.66
Median
0.54
Q1
0.30
Min
0.00
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ConocoPhillips (COP) and Equinor (EQNR)
MetricCOPEQNR
Current Ratio (MRQ)1.521.18
Debt / Equity (MRQ)0.350.66
Net Debt / EBITDA0.450.12

Dividends

Dividend Yield (TTM)

Equinor (EQNR) at 3.67% delivers top-quartile income for its industry, while ConocoPhillips (COP) at 2.48% pays a more typical yield — both are credible income propositions, EQNR the richer one.

COP

Energy industry group

2.48%

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

EQNR

Energy industry group

3.67%

Max
8.57%
EQNR
3.67%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both ConocoPhillips (COP) at 35.41% and Equinor (EQNR) at 31.54% 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%

EQNR

Energy industry group

31.54%

Max
133.24%
Q3
53.31%
EQNR
31.54%
Median
25.24%
Q1
0.00%
Min
0.00%
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for ConocoPhillips (COP) and Equinor (EQNR)
MetricCOPEQNR
Dividend Yield (TTM)2.48%3.67%
Dividend Payout Ratio (TTM)35.41%31.54%

Valuation

P/E Ratio (TTM)

Both ConocoPhillips (COP) at 14.36 and Equinor (EQNR) at 8.71 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

EQNR

Energy industry group

8.71

Max
39.54
Q3
21.72
Median
12.19
EQNR
8.71
Q1
7.71
Min
2.99
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Equinor (EQNR) at 0.82 sits in the cheaper P/S ratio quartile while ConocoPhillips (COP) at 2.34 prices around its industry’s middle — EQNR costs less per dollar of sales, though read it alongside growth and margins.

COP

Energy industry group

2.34

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

EQNR

Energy industry group

0.82

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
EQNR
0.82
Min
0.00
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: ConocoPhillips (COP) at 2.44 sits in the upper P/B ratio quartile, and Equinor (EQNR) at 4.44 prices even higher, above its industry range.

COP

Energy industry group

2.44

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

EQNR

Energy industry group

4.44

EQNR
4.44
Max
4.21
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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ConocoPhillips (COP) vs. Equinor (EQNR): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for ConocoPhillips (COP) and Equinor (EQNR)
MetricCOPEQNR
P/E Ratio (TTM)14.368.71
P/S Ratio (TTM)2.340.82
P/B Ratio (MRQ)2.444.44
Free Cash Flow Yield (TTM)7.12%32.55%