ConocoPhillips (COP) vs ONEOK, Inc. (OKE)

COP and OKE are evenly matched — 8 metrics each of 16.

A side-by-side comparison of ConocoPhillips and ONEOK, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — COP vs OKE

growth of $100 · last 30y
COP +613.8%OKE +1477.0%OKE compounded faster
05001k2k2kStart $100200120062011201620212026$714$1,577
COP OKE

COP vs OKE: by the numbers

  • COP is the larger company ($134.58B vs $54.03B market cap).
  • OKE trades at the lower earnings multiple (15.39 vs 18.94 P/E).
  • COP converts more revenue to profit (12.56% vs 10.04% net margin).
  • OKE grew revenue faster over the past five years (29.16% vs 20.71% CAGR).
  • OKE pays the higher dividend yield (4.87% vs 2.96%).

Which is better, COP or OKE?

Metric tally: COP 8 · OKE 8

It depends on what you're optimizing for:

ValueOKE(lower P/E)
GrowthOKE(faster 5Y revenue CAGR)
IncomeOKE(higher dividend yield)
QualityOKE(higher ROIC)

Metrics side by side

Valuation

MetricCOPOKE
P/E ratio18.9415.39
Forward P/E12.3813.90
P/S ratio2.341.55
P/B ratio2.112.44
PEG ratio2.95
EV / EBITDA6.2911.21
FCF yield11.27%4.11%

Profitability

MetricCOPOKE
Gross margin29.18%23.95%
Operating margin18.28%20.26%
Net margin12.56%10.04%
ROE11.34%15.80%
ROIC6.54%8.62%

Dividends

MetricCOPOKE
Dividend yield2.96%4.87%
Payout ratio51.89%77.35%

Growth (annualized)

MetricCOPOKE
Revenue CAGR (5Y)20.71%29.16%
EPS CAGR (5Y)-0.18%30.77%
FCF CAGR (5Y)97.59%30.73%
Total return CAGR (5Y)17.49%15.90%

Frequently asked

Which is better, COP or OKE?
It depends on your goal. value: OKE (lower P/E); growth: OKE (faster 5Y revenue CAGR); income: OKE (higher dividend yield); quality: OKE (higher ROIC). Across all compared metrics, they are evenly matched.
Is COP or OKE cheaper?
On trailing earnings, OKE is cheaper: COP trades at a 18.94 P/E and OKE at 15.39.
Which has grown faster, COP or OKE?
Over the past five years, OKE grew revenue faster — COP at a 20.71% CAGR versus OKE at 29.16%.
Does COP or OKE pay a bigger dividend?
COP yields 2.96% and OKE yields 4.87% based on trailing dividends and the latest price.
Is COP or OKE more profitable?
COP runs the higher net margin — COP at 12.56% versus OKE at 10.04%.
Which has been the better investment, COP or OKE?
Over the past 10-year, OKE delivered the higher annualized total return — COP at 13.06% versus OKE at 13.23%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 17, 2026.