COP vs. EQT: ConocoPhillips vs. EQT Stock Comparison

November 11, 2026

How do ConocoPhillips (COP) and EQT (EQT) 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 EQT (EQT) 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 EQT (EQT)
Profile Item	COP	EQT
Name	ConocoPhillips	EQT Corporation
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	30.90 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 31, 1981	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

COP

EQT

GSPC

ConocoPhillips (COP) vs. EQT (EQT), 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 EQT (EQT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for ConocoPhillips (COP) and EQT (EQT)
Metric	COP	EQT
Total Return (1Y)	62.02%	-12.42%
Total Return (3Y, Annualized)	9.29%	9.89%
Total Return (5Y, Annualized)	16.40%	21.61%

Risk Profile

Drawdown History

COP

EQT

GSPC

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

Risk Metrics

Risk profile metrics for ConocoPhillips (COP) and EQT (EQT)
Metric	COP	EQT
Volatility (1Y, Annualized)	31.63%	30.02%
Beta (5Y)	0.19	0.70
Max Drawdown (5Y)	-36.30%	-42.56%
Avg. Volume (3M)	6.60M	7.75M

Risk-Adjusted Performance

Risk-Return Positioning

COP and EQT 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 EQT (EQT)
Metric	COP	EQT
Sharpe Ratio (1Y)	1.83	-0.56
Sortino Ratio (1Y)	2.70	-0.80

Profitability

ROE (TTM)

Both ConocoPhillips (COP) at 17.66% and EQT (EQT) at 10.49% 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%

EQT

Energy industry group

10.49%

Max: 53.85%
Q3: 24.79%
Median: 12.85%
EQT: 10.49%
Q1: 2.03%
Min: -29.09%

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

Net Margin (TTM)

EQT (EQT) at 29.01% 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%

EQT

Energy industry group

29.01%

Max: 56.92%
EQT: 29.01%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

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

Operating Margin (TTM)

Both ConocoPhillips (COP) at 30.05% and EQT (EQT) at 28.24% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

COP

Energy industry group

30.05%

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

EQT

Energy industry group

28.24%

Max: 71.31%
Q3: 33.75%
EQT: 28.24%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

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

Profitability Metrics

Profitability metrics for ConocoPhillips (COP) and EQT (EQT)
Metric	COP	EQT
ROE (TTM)	17.66%	10.49%
ROA (TTM)	8.98%	6.25%
Net Margin (TTM)	16.76%	29.01%
Operating Margin (TTM)	30.05%	28.24%
Gross Margin (TTM)	49.01%	80.40%

Growth

Revenue Growth

EQT (EQT) at 59.96% clears its industry range for revenue growth, far stronger top-line momentum than ConocoPhillips (COP) at 7.67%, which is closer to a typical peer reading.

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

EPS Growth

EQT (EQT) at 635.56% clears its industry range for EPS growth, a much stronger earnings trajectory than ConocoPhillips (COP) at -18.69%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for ConocoPhillips (COP) and EQT (EQT)
Metric	COP	EQT
Revenue Growth (YoY)	7.67%	59.96%
Revenue Growth (3Y CAGR)	-9.11%	-11.72%
EPS Growth (YoY)	-18.69%	635.56%
EPS Growth (3Y CAGR)	-24.18%	-8.91%

Financial Strength

Current Ratio (MRQ)

ConocoPhillips (COP) at 1.52 keeps current ratio within its industry’s typical mid-range, while EQT (EQT) at 0.71 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EQT.

COP

Energy industry group

1.52

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

EQT

Energy industry group

0.71

Max: 3.64
Q3: 2.21
Median: 1.41
Q1: 0.88
EQT: 0.71
Min: 0.24

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

Debt / Equity (MRQ)

EQT (EQT) at 0.19 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

EQT

Energy industry group

0.19

Max: 1.75
Q3: 0.93
Median: 0.54
Q1: 0.30
EQT: 0.19
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for ConocoPhillips (COP) and EQT (EQT)
Metric	COP	EQT
Current Ratio (MRQ)	1.52	0.71
Debt / Equity (MRQ)	0.35	0.19
Net Debt / EBITDA	0.45	0.81

Dividends

Dividend Yield (TTM)

Both ConocoPhillips (COP) at 2.48% and EQT (EQT) at 1.30% 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%

EQT

Energy industry group

1.30%

Max: 8.57%
Q3: 3.58%
Median: 1.71%
EQT: 1.30%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both ConocoPhillips (COP) at 35.41% and EQT (EQT) at 15.64% 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%

EQT

Energy industry group

15.64%

Max: 133.24%
Q3: 53.31%
Median: 25.24%
EQT: 15.64%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for ConocoPhillips (COP) and EQT (EQT)
Metric	COP	EQT
Dividend Yield (TTM)	2.48%	1.30%
Dividend Payout Ratio (TTM)	35.41%	15.64%

Valuation

P/E Ratio (TTM)

Both ConocoPhillips (COP) at 14.36 and EQT (EQT) at 11.71 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

EQT

Energy industry group

11.71

Max: 39.54
Q3: 21.72
Median: 12.19
EQT: 11.71
Q1: 7.71
Min: 2.99

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

P/S Ratio (TTM)

ConocoPhillips (COP) at 2.34 is priced about in line with its industry on P/S ratio, while EQT (EQT) at 3.38 sits in the pricier quartile — EQT costs more per dollar of 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

EQT

Energy industry group

3.38

Max: 5.40
EQT: 3.38
Q3: 2.85
Median: 1.69
Q1: 0.88
Min: 0.00

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

P/B Ratio (MRQ)

EQT (EQT) at 1.21 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

EQT

Energy industry group

1.21

Max: 4.21
Q3: 2.38
Median: 1.51
EQT: 1.21
Q1: 1.08
Min: 0.01

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

Valuation Metrics

Valuation metrics for ConocoPhillips (COP) and EQT (EQT)
Metric	COP	EQT
P/E Ratio (TTM)	14.36	11.71
P/S Ratio (TTM)	2.34	3.38
P/B Ratio (MRQ)	2.44	1.21
Free Cash Flow Yield (TTM)	7.12%	8.01%