ConocoPhillips (COP) vs Occidental Petroleum Corporation (OXY)
COP leads on 10 of 15 compared metrics, though OXY is the cheaper stock.
A side-by-side comparison of ConocoPhillips and Occidental Petroleum Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — COP vs OXY
growth of $100 · last 30yCOP +618.4%OXY +344.7%COP compounded faster
COP OXY
COP vs OXY: by the numbers
- •COP is the larger company ($134.88B vs $53.16B market cap).
- •OXY trades at the lower earnings multiple (13.58 vs 19.09 P/E).
- •OXY converts more revenue to profit (20.31% vs 12.56% net margin).
- •COP grew revenue faster over the past five years (20.71% vs 6.31% CAGR).
- •COP pays the higher dividend yield (2.94% vs 1.84%).
Which is better, COP or OXY?
Metric tally: COP 10 · OXY 5It depends on what you're optimizing for:
ValueOXY(lower P/E)
GrowthCOP(faster 5Y revenue CAGR)
IncomeCOP(higher dividend yield)
QualityCOP(higher ROIC)
Metrics side by side
Valuation
| Metric | COP | OXY |
|---|---|---|
| P/E ratio | 19.09 | 13.58● |
| Forward P/E | 12.48● | 13.88 |
| P/S ratio | 2.36 | 2.35 |
| P/B ratio | 2.13 | 1.40● |
| EV / EBITDA | 6.33 | 5.78● |
| FCF yield | 11.19%● | 6.55% |
Profitability
| Metric | COP | OXY |
|---|---|---|
| Gross margin | 29.18%● | 26.23% |
| Operating margin | 18.28%● | 12.39% |
| Net margin | 12.56% | 20.31%● |
| ROE | 11.34% | 12.09%● |
| ROIC | 6.54%● | 3.15% |
Dividends
| Metric | COP | OXY |
|---|---|---|
| Dividend yield | 2.94%● | 1.84% |
| Payout ratio | 51.89% | 59.17% |
Growth (annualized)
| Metric | COP | OXY |
|---|---|---|
| Revenue CAGR (5Y) | 20.71%● | 6.31% |
| EPS CAGR (5Y) | -0.18%● | -15.29% |
| FCF CAGR (5Y) | 97.59%● | 13.30% |
| Total return CAGR (5Y) | 16.81%● | 13.43% |
Frequently asked
- Which is better, COP or OXY?
- It depends on your goal. value: OXY (lower P/E); growth: COP (faster 5Y revenue CAGR); income: COP (higher dividend yield); quality: COP (higher ROIC). Across all compared metrics, COP leads 10 to 5.
- Is COP or OXY cheaper?
- On trailing earnings, OXY is cheaper: COP trades at a 19.09 P/E and OXY at 13.58.
- Which has grown faster, COP or OXY?
- Over the past five years, COP grew revenue faster — COP at a 20.71% CAGR versus OXY at 6.31%.
- Does COP or OXY pay a bigger dividend?
- COP yields 2.94% and OXY yields 1.84% based on trailing dividends and the latest price.
- Is COP or OXY more profitable?
- OXY runs the higher net margin — COP at 12.56% versus OXY at 20.31%.
- Which has been the better investment, COP or OXY?
- Over the past 10-year, COP delivered the higher annualized total return — COP at 13.39% versus OXY at -0.18%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
ConocoPhillips P/E ratioOccidental Petroleum P/E ratioConocoPhillips dividend yieldOccidental Petroleum dividend yieldConocoPhillips ROEOccidental Petroleum ROEConocoPhillips operating marginOccidental Petroleum operating marginConocoPhillips revenue growthOccidental Petroleum revenue growthConocoPhillips free cash flowOccidental Petroleum free cash flow
ConocoPhillips & Occidental Petroleum appear in these rankings
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 16, 2026.