Exxon Mobil (XOM) vs ConocoPhillips (COP): Stock Comparison
Data as of November 7, 2026. Refreshed weekly from SEC filings and market data.
The two are priced about the same on earnings (17.4 and 17.5 times); ConocoPhillips keeps the higher net margin (14.7% against 10.5%); Exxon Mobil grew revenue faster over the last year (19.5% against 9.6%); dividend yield is about the same (2.4% and 2.5%). Exxon Mobil clears 5 of this site's 8 value filters and ConocoPhillips 8. Figures are as of November 7, 2026; each is on the page below with its source.
How do Exxon Mobil and ConocoPhillips compare on the numbers?
| Measure | Exxon Mobil (XOM) | ConocoPhillips (COP) | Clearer lead |
|---|---|---|---|
| Share price | $165.87 | $136.27 | |
| Market value | $708 billion | $163 billion | |
| P/E ratio (trailing) | 17.4 | 17.5 | About the same |
| PEG ratio | 1.71 | 1.12 | COP |
| Free-cash-flow yield | 6.1% | 6.2% | About the same |
| Net profit margin | 10.5% | 14.7% | COP |
| Revenue growth, last year | 19.5% | 9.6% | XOM |
| Return on equity | 15.6% | 14.3% | XOM |
| Debt to equity | 0.13 | 0.36 | XOM |
| Dividend yield | 2.4% | 2.5% | About the same |
| Margin of safety (DCF) | +3.5% | +5.3% | COP |
| Value filters passed (of 8) | 5 | 8 | COP |
| Distance from 52-week high | -11.4% | -11.5% |
How have Exxon Mobil and ConocoPhillips shares done against each other?
Exxon Mobil 252ConocoPhillips 179
Each share price set to 100 on Nov 2021, to Nov 2026. Price only: dividends are not included.
From Nov 2021 to Nov 2026, Exxon Mobil shares are up 152% and ConocoPhillips shares up 79%, so Exxon Mobil has pulled ahead of ConocoPhillips by 73 points of the starting price. The deepest fall from a prior high in that window was 20% for Exxon Mobil and 36% for ConocoPhillips.
| Period | Exxon Mobil (XOM) | ConocoPhillips (COP) |
|---|---|---|
| Last 1 year | +44.9% | +59.1% |
| Last 3 years | +56.7% | +15.0% |
| Last 5 years | +155.1% | +80.6% |
Which has grown faster, Exxon Mobil or ConocoPhillips?
Over 5 years, Exxon Mobil grew revenue 12.9% a year and earnings per share n/a a year; ConocoPhillips grew revenue 25.7% and earnings per share n/a. Its net margin averaged 10.1% at Exxon Mobil and 18.3% at ConocoPhillips.
| Measure | Exxon Mobil (XOM) | ConocoPhillips (COP) |
|---|---|---|
| Latest fiscal year ended | Dec 2025 | Dec 2025 |
| Revenue, first year to latest | $182 billion to $332 billion | $18.8 billion to $58.9 billion |
| Revenue growth per year | 12.9% | 25.7% |
| Earnings per share, first year to latest | $-5.25 to $6.70 | $-2.51 to $6.37 |
| Earnings per share growth per year | n/a | n/a |
| Net margin, latest year | 8.7% | 13.6% |
| Net margin, average of the years | 10.1% | 18.3% |
| Free cash flow margin, latest year | 7.1% | n/a |
From each company's 10-K filings (SEC EDGAR), over its latest 5 years.
What growth does each share price assume?
| Measure | Exxon Mobil (XOM) | ConocoPhillips (COP) |
|---|---|---|
| Free cash flow growth the price implies | 7.1% a year | 6.6% a year |
| Free cash flow per share | $10.06 | $8.43 |
| Margin of safety on this site's DCF | +3.5% | +5.3% |
At $165.87, Exxon Mobil's price implies free cash flow growth of 7.1% a year, fading to 2.5% over 10 years. That is less growth than the 8% baseline.
At $136.27, ConocoPhillips's price implies free cash flow growth of 6.6% a year, fading to 2.5% over 10 years. That is less growth than the 8% baseline.
The same model and baseline as every stock page. A price that asks for less growth is not a better company, only a lower bar to clear.
Where is each stronger?
Where Exxon Mobil leads
- Faster revenue growth last year: 19.5% against 9.6%
- Higher return on equity: 15.6% against 14.3%
- Less debt for its equity: 0.13 against 0.36
Where ConocoPhillips leads
- Lower PEG: 1.12 against 1.71
- Higher net margin: 14.7% against 10.5%
- Higher margin of safety on this site's DCF: +5.3% against +3.5%
- More of the 8 value filters: 8 against 5
- Faster revenue growth over its filed record: 25.7% against 12.9%
- A higher net margin in its latest filed year: 13.6% against 8.7%
- A higher average net margin: 18.3% against 10.1%
About the same on: p/e ratio (trailing), free-cash-flow yield, dividend yield. A lead needs a clear gap (10% apart on a ratio, 1 point on a percentage), so a rounding difference never names a winner. A lead on one measure is not a verdict on the company.
How do the businesses differ?
Exxon Mobil. Exxon Mobil is one of the world's largest oil and gas companies. It produces crude oil and natural gas, refines it into fuels and makes chemicals, with major projects in Guyana and the Permian Basin.
ConocoPhillips. ConocoPhillips explores for and produces crude oil, natural gas and LNG worldwide. It has no refining or gas-station business, having split from Phillips 66 in 2012.
Both are in the Energy industry on this site.
What stands out about Exxon Mobil
- Misses 1 of the 8 value filters. It fails PEG Ratio < 1.5 (1.71); the other 5 pass and 2 were not evaluated.
- The margin of safety is rising. It went from -29% on Oct 7 to +3% on Nov 7 across 8 weekly readings.
- Strongest against peers: debt / equity. At 0.13 (peer median 0.45) it ranks 2nd of 21 among energy stocks this site tracks.
What stands out about ConocoPhillips
- No filter fails. COP passes 8 of the 8 value filters.
- The margin of safety is falling. It went from +10% on Oct 7 to +5% on Nov 7 across 8 weekly readings.
- Weakest against peers: return on equity. At 14% (peer median 18%) it ranks 16th of 21 among energy stocks this site tracks.
Frequently asked questions about Exxon Mobil and ConocoPhillips
Which is cheaper, Exxon Mobil or ConocoPhillips?
On trailing earnings, they are priced about the same: Exxon Mobil trades at 17.4 times and ConocoPhillips at 17.5 times. On free cash flow, the yields are 6.1% and 6.2%. Cheaper is not the same as better value: read the growth each price assumes below.
Which pays the higher dividend, Exxon Mobil or ConocoPhillips?
Their yields are about the same: Exxon Mobil 2.4% and ConocoPhillips 2.5% over the last year.
Which has grown faster, Exxon Mobil or ConocoPhillips?
Over their latest filed five years, Exxon Mobil grew revenue 12.9% a year and ConocoPhillips 25.7%; earnings per share grew n/a and n/a a year.
Which has more debt, Exxon Mobil or ConocoPhillips?
ConocoPhillips has more debt for its equity: debt to equity is 0.13 for Exxon Mobil and 0.36 for ConocoPhillips. A very high figure can also come from buybacks that shrank equity.
Which is more profitable, Exxon Mobil or ConocoPhillips?
ConocoPhillips keeps more of each sales dollar as profit: 10.5% for Exxon Mobil and 14.7% for ConocoPhillips, with a return on equity of 15.6% and 14.3%.
Which passes more of the 8 value filters?
ConocoPhillips clears more: Exxon Mobil 5 of 8 and ConocoPhillips 8 of 8. The filters are this site's own value rules, not a prediction.
Where do these numbers come from?
Prices, ratios and yield are from this site's weekly data as of November 7, 2026; growth and margins by year are from each company's 10-K filings (sources on Exxon Mobil and ConocoPhillips). The DCF is the same model on every stock page. See Editorial Standards. Educational, not investment advice.