ConocoPhillips vs Chevron Corporation

Full side-by-side comparison — 2026

Data as of May 14, 2026 · Updated automatically

10
COP Wins
0
Tie
9
CVX Wins

COP

Price USD 121.59
P/E Ratio 20.9x
Div Yield 0.0280%
Beta 0.19
Sector Energy

CVX

Price USD 189.16
P/E Ratio 33.2x
Div Yield 0.0378%
Beta 0.59
Sector Energy

Price Overview

Metric COP CVX
Current Price 121.59 189.16
Previous Close 118.97 186.64

Valuation

Metric COP CVX
Trailing P/E 20.88 33.21
Forward P/E 14.48 16.14
Price / Book 2.34 2.02
Price / Sales 2.53 2.04
EV / EBITDA 7.16 11.26

Dividends & Income

Metric COP CVX
Dividend Yield 0.0280% 0.0378%
Dividend Rate (Annual) 3.24 6.91
5-Year Avg Yield 2.67% 4.37%
Payout Ratio 0.5503% 1.2075%

Risk & Financial Health

Metric COP CVX
Beta (Volatility) 0.19 0.59
Debt / Equity 36.14 24.32
Quick Ratio 1.07 0.72
Current Ratio 1.29 1.16

Growth & Profitability

Metric COP CVX
Revenue Growth -0.0530% 0.0350%
Earnings Growth -0.2020% -0.4440%
Return on Equity 0.1128% 0.0723%
Revenue / Share 47.90 97.35
Trailing EPS 5.90 5.74
Forward EPS 8.51 11.81

Analyst Targets

Metric COP CVX
Analyst Mean Target 140.37 213.30
Analyst High Target 183.00 236.00
Analyst Low Target 121.00 165.00

Bottom Line: COP vs CVX

ConocoPhillips (COP) leads on 10 of 19 comparable metrics.

ConocoPhillips is the stronger pick for conservative investors, while Chevron Corporation may appeal to income investors.

Chevron Corporation has a higher Revenue Growth (3.50% vs -5.30%), which indicates the business is expanding faster
ConocoPhillips has a lower Beta (Volatility) (0.19 vs 0.59), which typically indicates less price volatility
ConocoPhillips has a higher Earnings Growth (-20.20% vs -44.40%), which indicates profits are growing more quickly

This comparison is based on publicly available financial data and is for informational purposes only. It is not investment advice. Past performance does not guarantee future results.

COP ConocoPhillips

Best for Conservative Investors
• Lower Beta (Volatility): 0.19
• Higher Quick Ratio: 1.07
• Higher Current Ratio: 1.29

CVX Chevron Corporation

Best for Income Investors
• Higher Dividend Yield: 3.78%
• Higher 5-Year Avg Yield: 4.37%

Watch Out

COP's earnings declined 20% — declining profits may mean current valuation metrics (PE, payout ratio) are misleading.

CVX's earnings declined 44% — declining profits may mean current valuation metrics (PE, payout ratio) are misleading.

Analyst Upside / Downside

COP
+15.4%
CVX
+12.8%

Based on analyst mean price targets. Estimates are not guaranteed and may not reflect future performance.

About These Companies

ConocoPhillips (COP)

Energy · United States · NYQ

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. It serves in the United States, Canada, China, Equatorial …

View COP details →

Chevron Corporation (CVX)

Energy · United States · NYQ

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. It operates through Upstream, Downstream, and All Other segments. The Upstream segment engages in the exploration for, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; carbon capture and storage; and operation of a gas-to-liquids plant. Its Downstream …

View CVX details →

Frequently Asked Questions

Which has a better dividend yield, COP or CVX?
Chevron Corporation currently has the higher dividend yield. ConocoPhillips (COP) yields 2.80% while Chevron Corporation (CVX) yields 3.78%. Past dividends do not guarantee future payments.
Which is more volatile, COP or CVX?
Chevron Corporation is more volatile based on beta. ConocoPhillips has a beta of 0.19 and Chevron Corporation has a beta of 0.59. A beta above 1.0 means higher volatility than the overall market.
Which is cheaper by P/E ratio, COP or CVX?
ConocoPhillips has the lower trailing P/E ratio. ConocoPhillips trades at 20.9x earnings while Chevron Corporation trades at 33.2x. A lower P/E may suggest better relative value, but could also reflect lower growth expectations.
Which has more analyst upside, COP or CVX?
Based on mean analyst price targets, ConocoPhillips has more upside potential. ConocoPhillips has +15.4% upside and Chevron Corporation has +12.8% upside from current prices. Analyst estimates are not guaranteed.
Can I track both COP and CVX in one portfolio?
Yes. AllInvestView lets you add both ConocoPhillips and Chevron Corporation to the same portfolio and monitor price changes, dividends, total return, and allocation — completely free.

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