Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.60 as of Sunday, July 26, 2026.
Forward PE Ratio (12.60) = Close Price ($120.26) / Consensus Forward EPS ($9.54)
FORWARD PE RATIO
12.60
SECTOR MEDIAN · ENERGY
13.43
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-6.18%
vs the sector median at left
ConocoPhillips
Market Cap
$146.51B
Forward PE Ratio
12.60
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| ConocoPhillips (COP) | $146.51B | 12.60 |
| Canadian Natural Resources Limited (CNQ)vs › | $96.86B | 11.33 |
| The Williams Companies, Inc. (WMB)vs › | $90.50B | 31.29 |
| Marathon Petroleum Corporation (MPC)vs › | $90.28B | 7.78 |
| Valero Energy Corporation (VLO)vs › | $89.82B | 8.88 |
| Enterprise Products Partners L.P. (EPD)vs › | $83.79B | 13.48 |
| Phillips 66 (PSX)vs › | $82.90B | 9.90 |
| Slb N.V. (SLB)vs › | $78.37B | 20.84 |
| EOG Resources, Inc. (EOG)vs › | $77.97B | 8.88 |
| Suncor Energy Inc. (SU)vs › | $77.71B | 6.89 |
Trailing P/E
20.4
reported TTM EPS
Forward P/E
12.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $9.54 implies +62.2% EPS growth vs the reported trailing $5.88.
At today's $120.26 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $9.54 | $8.73 – $10.95 | 10 | 12.6x |
| 2027-12-31 | $8.68 | $6.87 – $9.64 | 12 | 13.9x |
| 2028-12-31 | $9.33 | $6.37 – $11.03 | 7 | 12.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
