COP vs DVN

ConocoPhillips (COP) and Devon Energy (DVN) compared side by side. ConocoPhillips (COP) is larger, with a market cap of $181.2B versus $56.5B for Devon Energy, about 3.2 times the size. On trailing earnings, DVN is cheaper at 11.2x versus 20.0x for COP.

Head to head

MetricCOPDVN
Market cap$181.2B$56.5B
P/E (TTM)20.0x11.2x
Forward P/E14.0x9.5x
Revenue (TTM)$64.5B$18.8B
Revenue growth35.5%64.2%
Gross margin47.6%50.3%
Operating margin31.5%41.1%
Free cash flow$10.1B$1.5B
Dividend yield2.23%2.49%
1-year return+72.7%+57.6%
5-year return (annual)+18.9%+10.0%
Max drawdown-71%-95%
FI Handbook gradeBC+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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COPDVN

COP vs DVN FAQ

Which is bigger, COP or DVN?

ConocoPhillips (COP) is larger, with a market cap of $181.2B versus $56.5B for Devon Energy, about 3.2 times the size.

Is COP or DVN cheaper?

On trailing earnings, DVN is cheaper at 11.2x versus 20.0x for COP. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, COP or DVN?

COP returned +72.7% over the past year including dividends, versus +57.6% for DVN, through October 23, 2026.

Which pays a higher dividend, COP or DVN?

DVN yields 2.49% versus 2.23% for COP.

Full pages: ConocoPhillips · Devon Energy