COP vs SLB: Which Is the Better Buy?
Side-by-side comparison of ConocoPhillips and SLB N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-07-08.
ConocoPhillips · Energy
$108.44
-21.6% upside to fair value
Grade D
VS
SLB N.V. · Energy
$48.09
-33.4% upside to fair value
Grade C
QuantHub Verdict
COP has more upside to fair value
(-21.6%).
COP trades at a lower forward P/E
(18.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
COP |
SLB |
| Current Price |
$108.44 |
$48.09 |
| Fair Value Estimate |
$85.04 |
$32.01 |
| Upside to Fair Value |
-21.6%
|
-33.4%
|
| Market Cap |
$132.1B |
$71.9B |
| Forward P/E |
18.4x
|
21.8x
|
| EV / EBITDA |
6.1x
|
10.9x
|
| Price / Sales |
2.3x
|
2.0x
|
| Price / FCF |
8.6x
|
15.4x
|
| Revenue Growth YoY |
-2.5%
|
+2.7%
|
| Gross Margin |
29.2%
|
17.3%
|
| Operating Margin |
18.3%
|
14.4%
|
| Return on Equity |
11.3%
|
13.5%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
11.64%
|
6.51%
|
| Analyst Consensus |
Strong Buy
|
Strong Buy
|
Investment Thesis
ConocoPhillips is a major player in the Energy sector focused on Oil & Gas Exploration & Production. The company demonstrates medium business quality with a stable competitive position but faces earnings pressure as reflected in a 23.4% decline in earnings and a 2.5% decline in revenue in the most recent quarter year-over-year. Despite a solid ROE of 11.3% and attractive margins (gross margin 29.…
SLB N.V. is a global leader in oilfield services, specializing in well construction, production systems, reservoir performance, and digital solutions. The company benefits from a durable competitive moat anchored in technology, integrated service breadth, and global infrastructure, with a management team that has long tenure and deep industry experience. Despite solid free cash flow generation of…
Accumulation Zones
| Metric |
COP |
SLB |
| Zone Low |
$63.78 |
$24.01 |
| Zone High |
$72.28 |
$27.21 |
| In Buy Zone? |
No
|
No
|