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Conocophillips vs Exxon Mobil (COP vs XOM)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Exxon Mobil is the larger company by revenue ($332.2B vs $51.8B) and market value ($736.0B vs $176.0B). Conocophillips has grown revenue faster over the last 4 fiscal years (+49.8% cumulative vs +20.1%). Conocophillips trades at the lower trailing P/E (19.4x vs 23.0x).

About Conocophillips

ConocoPhillips is an energy company engaged in the exploration, production, and marketing of crude oil, natural gas, and natural gas liquids. It operates various projects and assets globally, including in North America, Asia Pacific, and Europe. The company serves customers in the energy sector and participates in joint ventures and partnerships for liquefied natural gas and other energy resources.

About Exxon Mobil

Exxon Mobil Corporation explores for and produces crude oil and natural gas, and manufactures, trades, transports, and sells petroleum products, petrochemicals, and specialty products. The company serves industrial and individual consumers worldwide through its various divisions and affiliates. ExxonMobil also invests in lower-emission energy technologies and conducts extensive research to support its business operations.

Head to head (COP FY2025 vs XOM FY2025)

MetricCOPFY2025XOMFY2025
Revenue$51.82B$332.24B
Revenue growth (YoY)4.9%-5.0%
Gross margin56.9%—
Operating margin——
Net margin15.4%8.7%
Net income$7.99B$28.84B
Diluted EPS$6.35$6.70
FCF margin—7.1%
ROE12.4%10.8%
Long-term debt / equity0.35×0.13×
Market cap$176.01B$735.95B
P/E19.4×23.0×

Fundamentals are from each company’s SEC filings (COP FY2025, XOM FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
COP$34.59B$61.05B$48.52B$49.42B$51.82B
XOM$276.69B$413.68B$344.58B$349.58B$332.24B
Net incomeFY2021FY2022FY2023FY2024FY2025
COP$8.08B$18.68B$10.96B$9.24B$7.99B
XOM$23.04B$55.74B$36.01B$33.68B$28.84B
Operating marginFY2021FY2022FY2023FY2024FY2025
COP—————
XOM—————

Peer standing

Where each company ranks among the 133 Energy companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.

MetricCOPXOM
Net margin
15.4%76th percentile of 128
8.7%55th percentile of 128
Revenue growth (YoY)
+4.9%54th percentile of 131
-5.0%29th percentile of 131
ROE
12.4%71st percentile of 104
10.8%65th percentile of 104
P/E
19.4×65th percentile of 84
23.0×75th percentile of 84
Long-term debt / equity
0.35×38th percentile of 87
0.13×14th percentile of 87
Short interest (days to cover)
1.96d13th percentile of 131
2.64d22nd percentile of 131

Short interest

FINRA settlement dataCOPXOM
Shares sold short15.3M39.2M
Change vs prior settlement-4.6%-1.2%
Days to cover1.962.64
As of settlement2026-09-302026-09-30

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 activity (codes P/S)COPXOM
Buys0—
Sells2 ($3.3M)—

Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.