COP vs. WMB: ConocoPhillips vs. Williams Stock Comparison

November 11, 2026

How do ConocoPhillips (COP) and Williams (WMB) 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 Williams (WMB) both belong to the Oil, Gas & Consumable Fuels industry, though COP is classified under Oil & Gas Exploration & Production while WMB falls under Oil & Gas Storage & Transportation.

Company profile comparison for ConocoPhillips (COP) and Williams (WMB)
Profile Item	COP	WMB
Name	ConocoPhillips	The Williams Companies, 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	80.11 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 31, 1981	December 31, 1981
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

COP

WMB

GSPC

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

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for ConocoPhillips (COP) and Williams (WMB)
Metric	COP	WMB
Total Return (1Y)	62.02%	14.81%
Total Return (3Y, Annualized)	9.29%	28.70%
Total Return (5Y, Annualized)	16.40%	23.72%

Risk Profile

Drawdown History

COP

WMB

GSPC

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

Risk Metrics

Risk profile metrics for ConocoPhillips (COP) and Williams (WMB)
Metric	COP	WMB
Volatility (1Y, Annualized)	31.63%	26.38%
Beta (5Y)	0.19	0.65
Max Drawdown (5Y)	-36.30%	-23.01%
Avg. Volume (3M)	6.60M	7.88M

Risk-Adjusted Performance

Risk-Return Positioning

COP and WMB 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 Williams (WMB)
Metric	COP	WMB
Sharpe Ratio (1Y)	1.83	0.40
Sortino Ratio (1Y)	2.70	0.56

Profitability

ROE (TTM)

Both ConocoPhillips (COP) at 17.66% and Williams (WMB) at 18.31% 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%

WMB

Energy industry group

18.31%

Max: 53.85%
Q3: 24.79%
WMB: 18.31%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

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

Net Margin (TTM)

Williams (WMB) at 24.66% 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%

WMB

Energy industry group

24.66%

Max: 56.92%
WMB: 24.66%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

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

Operating Margin (TTM)

Both ConocoPhillips (COP) at 30.05% and Williams (WMB) at 32.69% 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%

WMB

Energy industry group

32.69%

Max: 71.31%
Q3: 33.75%
WMB: 32.69%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

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

Profitability Metrics

Profitability metrics for ConocoPhillips (COP) and Williams (WMB)
Metric	COP	WMB
ROE (TTM)	17.66%	18.31%
ROA (TTM)	8.98%	4.59%
Net Margin (TTM)	16.76%	24.66%
Operating Margin (TTM)	30.05%	32.69%
Gross Margin (TTM)	49.01%	63.05%

Growth

Revenue Growth

Both ConocoPhillips (COP) at 7.67% and Williams (WMB) at 13.78% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Both ConocoPhillips (COP) at -18.69% and Williams (WMB) at 17.58% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for ConocoPhillips (COP) and Williams (WMB)
Metric	COP	WMB
Revenue Growth (YoY)	7.67%	13.78%
Revenue Growth (3Y CAGR)	-9.11%	2.91%
EPS Growth (YoY)	-18.69%	17.58%
EPS Growth (3Y CAGR)	-24.18%	8.62%

Financial Strength

Current Ratio (MRQ)

ConocoPhillips (COP) at 1.52 keeps current ratio within its industry’s typical mid-range, while Williams (WMB) at 0.75 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WMB.

COP

Energy industry group

1.52

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

WMB

Energy industry group

0.75

Max: 3.64
Q3: 2.21
Median: 1.41
Q1: 0.88
WMB: 0.75
Min: 0.24

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

Debt / Equity (MRQ)

ConocoPhillips (COP) at 0.35 carries an industry-typical debt-to-equity mix, while Williams (WMB) at 1.58 uses more debt funding than most peers.

COP

Energy industry group

0.35

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

WMB

Energy industry group

1.58

Max: 1.75
WMB: 1.58
Q3: 0.93
Median: 0.54
Q1: 0.30
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for ConocoPhillips (COP) and Williams (WMB)
Metric	COP	WMB
Current Ratio (MRQ)	1.52	0.75
Debt / Equity (MRQ)	0.35	1.58
Net Debt / EBITDA	0.45	4.58

Dividends

Dividend Yield (TTM)

Both ConocoPhillips (COP) at 2.48% and Williams (WMB) at 3.23% 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%

WMB

Energy industry group

3.23%

Max: 8.57%
Q3: 3.58%
WMB: 3.23%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

ConocoPhillips (COP) vs. Williams (WMB): 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 Williams (WMB) at 81.69% 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%

WMB

Energy industry group

81.69%

Max: 133.24%
WMB: 81.69%
Q3: 53.31%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for ConocoPhillips (COP) and Williams (WMB)
Metric	COP	WMB
Dividend Yield (TTM)	2.48%	3.23%
Dividend Payout Ratio (TTM)	35.41%	81.69%

Valuation

P/E Ratio (TTM)

ConocoPhillips (COP) at 14.36 is near its industry’s usual P/E ratio, while Williams (WMB) at 25.23 sits in the richer quartile — WMB 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

WMB

Energy industry group

25.23

Max: 39.54
WMB: 25.23
Q3: 21.72
Median: 12.19
Q1: 7.71
Min: 2.99

ConocoPhillips (COP) vs. Williams (WMB): 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 Williams (WMB) at 6.32 clears its benchmark range — WMB 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

WMB

Energy industry group

6.32

WMB: 6.32
Max: 5.40
Q3: 2.85
Median: 1.69
Q1: 0.88
Min: 0.00

ConocoPhillips (COP) vs. Williams (WMB): 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 Williams (WMB) at 5.11 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

WMB

Energy industry group

5.11

WMB: 5.11
Max: 4.21
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

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

Valuation Metrics

Valuation metrics for ConocoPhillips (COP) and Williams (WMB)
Metric	COP	WMB
P/E Ratio (TTM)	14.36	25.23
P/S Ratio (TTM)	2.34	6.32
P/B Ratio (MRQ)	2.44	5.11
Free Cash Flow Yield (TTM)	7.12%	-3.56%