Where Does Exxon Mobil Stock Rank Among Competitors?
Exxon Mobil’s stock largely outperformed many peers over the past year, but how does the energy giant truly measure up against key rivals like Chevron and ConocoPhillips as of January 28, 2026? A closer look reveals unparalleled scale and solid, albeit not industry-leading, profitability. The company has faced recent negative revenue growth, a trend shared by many in the sector, and maintains a moderate valuation. While Exxon Mobil’s market leadership is clear, sustaining top-tier growth and margin expansion amidst evolving market dynamics remains a key challenge for investors. Analyst ratings as of late January 2026 show mixed sentiment, with some maintaining “Neutral” or “Overweight” ratings while others suggest a “Sell” due to stretched valuation.
- XOM’s 11.0% operating margin, strong for an integrated major, trails COP’s 21.0% due to COP’s upstream-focused, higher-margin E&P model.
- XOM’s -4.4% LTM revenue decline, impacted by lower refining margins, lags E&P peers like CVX, COP, OXY, yet surpasses refiners MPC, VLO amidst market shifts.
- XOM’s stock gained 32.0% (PE 19.7) driven by Permian/Guyana growth, but VLO delivered stronger returns (+38%) on robust refining margins.
Here’s how Exxon Mobil stacks up across size, valuation, and profitability versus key peers.
| XOM | CVX | COP | OXY | MPC | VLO | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 589.5 | 329.5 | 126.3 | 44.2 | 52.1 | 56.9 |
| Revenue ($ Bil) | 324.9 | 187.0 | 59.8 | 26.6 | 133.3 | 123.1 |
| PE Ratio | 19.7 | 25.8 | 14.3 | 21.1 | 18.1 | 38.0 |
| LTM Revenue Growth | -4.4% | -3.6% | 8.2% | -2.0% | -6.1% | -8.5% |
| LTM Operating Margin | 11.0% | 8.1% | 21.0% | 18.1% | 3.6% | 2.5% |
| LTM FCF Margin | 7.3% | 8.2% | 11.9% | 14.3% | 3.2% | 3.2% |
| 12M Market Return | 32.0% | 13.8% | 3.5% | -6.5% | 16.7% | 37.4% |
For more details on Exxon Mobil, read Buy or Sell XOM Stock. Below we compare XOM’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| XOM | -4.4% | 1.4% | -16.0% | 44.1% |
| CVX | -3.6% | -1.8% | -16.5% | 51.5% |
| COP | 8.2% | -2.5% | -28.5% | 71.3% |
| OXY | -2.0% | -5.4% | -22.9% | 41.1% |
| MPC | -6.1% | -6.4% | -16.4% | 47.9% |
| VLO | -8.5% | -10.3% | -17.9% | 54.8% |
Operating Margin Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| XOM | 11.0% | 11.7% | 13.3% | 16.1% |
| CVX | 8.1% | 9.8% | 13.3% | 16.9% |
| COP | 21.0% | 23.4% | 26.8% | 32.4% |
| OXY | 18.1% | 20.9% | 22.7% | 37.3% |
| MPC | 3.6% | 3.8% | 8.5% | 10.7% |
| VLO | 2.5% | 2.9% | 8.2% | 8.9% |
PE Ratio Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| XOM | 19.7 | 15.4 | 12.1 | 7.5 |
| CVX | 25.8 | 15.6 | 12.7 | 8.1 |
| COP | 14.3 | 11.9 | 10.9 | 7.9 |
| OXY | 21.1 | 12.3 | 9.4 | 4.2 |
| MPC | 18.1 | 16.1 | 5.9 | 5.2 |
| VLO | 38.0 | 18.9 | 4.9 | 4.5 |
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