Diamondback Energy vs ConocoPhillips: Which Is the Stronger Buy Today?
ConocoPhillips surged 16% during the past Month. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Diamondback Energy gives you more. Diamondback Energy (FANG) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs ConocoPhillips (COP) stock, suggesting you may be better off investing in FANG
- FANG’s quarterly revenue growth was 48.2%, vs. COP’s 15.3%.
- In addition, its Last 12 Months revenue growth came in at 60.1%, ahead of COP’s 8.2%.
- FANG leads on profitability over both periods – LTM margin of 36.5% and 3-year average of 46.8%.
These differences become even clearer when you look at the financials side by side. The table highlights how COP’s fundamentals stack up against those of FANG on growth, margins, momentum, and valuation multiples.
Valuation & Performance Overview
| COP | FANG | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 11.0 | 8.7 | FANG |
| Revenue Growth | |||
| Last Quarter | 15.3% | 48.2% | FANG |
| Last 12 Months | 8.2% | 60.1% | FANG |
| Last 3 Year Average | -6.6% | 20.8% | FANG |
| Operating Margins | |||
| Last 12 Months | 21.0% | 36.5% | FANG |
| Last 3 Year Average | 24.1% | 46.8% | FANG |
| Momentum | |||
| Last 3 Year Return | 6.8% | 28.3% | FANG |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: COP Revenue Comparison | FANG Revenue Comparison
See more margin details: COP Operating Income Comparison | FANG Operating Income Comparison
- Better Bet Than ConocoPhillips Stock: Pay Less To Get More From FANG, PR
- Better Bet Than ConocoPhillips Stock: Pay Less To Get More From FANG, PR
- How Will ConocoPhillips’ Stock React To Its Upcoming Earnings?
- What’s Happening With ConocoPhillips’ Stock?
- Down 6% YTD, Will ConocoPhillips Stock Gain Following Q2 Results?
- What’s Next For ConocoPhillips’ Stock?
See detailed fundamentals on Buy or Sell FANG Stock and Buy or Sell COP Stock. Below we compare market return and related metrics across years.
Historical Market Performance
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| COP Return | 87% | 74% | 2% | -12% | -2% | 15% | 228% | ||
| FANG Return | 128% | 35% | 20% | 10% | -6% | 10% | 321% | <=== | |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 1% | 85% | ||
| Monthly Win Rates [3] | |||||||||
| COP Win Rate | 67% | 58% | 58% | 33% | 58% | 100% | 63% | ||
| FANG Win Rate | 83% | 50% | 67% | 67% | 67% | 100% | 72% | <=== | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | 71% | ||
| Max Drawdowns [4] | |||||||||
| COP Max Drawdown | -1% | 0% | -20% | -16% | -16% | 0% | -9% | ||
| FANG Max Drawdown | 0% | 0% | -8% | -4% | -27% | -7% | -8% | ||
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | -7% | <=== | |
[1] Cumulative total returns since the beginning of 2021
[2] 2026 data is for the year up to 2/11/2026 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read FANG Dip Buyer Analyses and COP Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.
Still not sure about COP or FANG? Consider portfolio approach.
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