ConocoPhillips PE ratio COP

Share price divided by earnings per share over the last twelve months, since 2010.

Today, Oct 23, 2026: 19.9×
8-year median: 12.4×
Against its 8-year history: 90th; percentile: 0 is its lowest day, 100 its highest
8-year range: 4.2× to 65.3×
Peer median: 12.8×

ConocoPhillips' PE ratio is 19.9× as of Oct 23, 2026: a share price of $150.80 against $7.56 of earnings per share over the last twelve months.

That is above its 8-year median of 12.4×, higher than on 90% of days in the last 8 years.

Over that time it ranged from 4.2× in Mar 2020 to 65.3× in Oct 2021.

The median for 10 oil and gas producers of a similar size is 12.8×.

PE ratio over time

median 12.4×

The dashed line is the 8-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	19.9×	13.7×	21.1×
2025	12.9×	10.8×	13.5×
2024	11.5×	11.3×	14.7×
2023	12.7×	6.5×	13.1×
2022	8.5×	7.7×	27.8×
2021	21.5×	20.4×	65.3×
2020	14.1×	4.2×	20.1×
2019	8.8×	7.8×	13.9×
2018	12.2×	11.8×	20.6×
2017	n/m a value too high to mean anything
2016	n/m a value too high to mean anything
2015	24.1×	8.3×	25.4×
2014	9.3×	8.3×	11.7×
2013	10.8×	7.0×	12.3×
2012	7.1×	5.6×	7.3×
2011	7.2×	6.1×	8.4×
2010	7.5×	6.7×	10.6×

Against its peers

Companies in Oil & Gas Exploration & Production nearest ConocoPhillips' size, closest first, today.

Company	PE ratio
COPConocoPhillips	19.9×
EOGEOG Resources	12.7×
OXYOccidental Petroleum	9.9×
FANGDiamondback Energy	39.9×
DVNDevon Energy	12.2×
EQTEQT	12.9×
TPLTexas Pacific Land	43.1×
EXEExpand Energy	8.1×
PRPermian Resources	16.9×
OVVOvintiv	20.5×
APAAPA	11.0×
Peer median	12.8×

Where ConocoPhillips ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on ConocoPhillips

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.