Home Compare COP vs EQNR.OL
Stock Comparison · Single-driver result

ConocoPhillips vs Equinor A: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Equinor ASA carrying a narrow edge on growth. ConocoPhillips still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (COP: Russell 1000, EQNR.OL: STOXX 600).

Updated 2026-05-17

Most of the separation is still concentrated in growth.

Trajectory Similarity
0.64
Moderately similar
Peer-set rank: #19
within ConocoPhillips's functional peer set

These two companies are linked by measured long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

The strongest overlap appears in revenue growth trajectory and capital structure.

Similarity drivers
revenue growth trajectorycapital structure
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
COP
ConocoPhillips
55
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
EQNR.OL
Equinor ASA
56
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in growth.

Dimension spread: COP vs EQNR.OL Profitability 53 55 Stability 60 63 Valuation 78 66 Growth 21 37 COP EQNR.OL
Gap Ranking
#1 Growth +16
#2 Valuation +12
#3 Stability +3
#4 Profitability +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for COP and EQNR.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer COPEQNR.OL Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for ConocoPhillips.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where COP and EQNR.OL each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY COP Elevated · above norm 0th 50th 100th 0 pct gap EQNR.OL Elevated · above norm 0th 50th 100th 98th 98th
COP (98th percentile) and EQNR.OL (98th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
Both sit in the weaker half on growth, with Equinor ASA still coming out ahead.
Valuation
Both sit in the stronger range on valuation, with ConocoPhillips holding the higher position.
Growth — Dominant Gap
COP
21
EQNR.OL
37
Gap+16in favour of EQNR.OL

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Valuation still leans toward ConocoPhillips, so the lead is real without reading as one-way.

What this means for the comparison

Growth is the clearest driver of the lead, with valuation adding further support — though valuation still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the COP vs EQNR.OL comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-and-valuation comparisons

Explore how COP and EQNR.OL each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.