Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.
In short
How the two compare
On the latest closes (28 Oct 2026), ConocoPhillips is the larger company by market value ($181.00B against $18.09B). Over the past year APA Corporation returned +124.1% and ConocoPhillips +73.4%, while the S&P 500 returned +12.7%. The latest filed P/E is 7.3 for APA Corporation and 12.7 for ConocoPhillips. Over the next 21 sessions the model expects −0.07% for APA Corporation, with a 41% chance of a rise, and −0.56% for ConocoPhillips, with a 27% chance. APA Corporation has no published fair value today. ConocoPhillips' long-run fair value is $125.76, a gap of −15.6% to its price; the long-run model view is negative.
Model view
What the model expects
Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.
Model readings:
MeasureAPA Corporation · APAConocoPhillips · COP
Expected returnnext 21 sessions
APA−0.07%
COP−0.56%
Chance of a risenext 21 sessions
APA41%
COP27%
Expected returnnext 63 sessions
APA+1.69%
COP+0.14%
Range of outcomes63 sessions, 80% band
APA−28.2% to +31.5%
COP−26.3% to +26.6%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
APA—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
COP$125.7628 Oct 2026
Gap to pricefair value against the close
APA—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
COP−15.6%
Past readings that matchedsign of the 21-session outcome
APA63.4%of 269
COP51.3%of 269
Price performance
How the prices moved
Price change over each period, with the S&P 500 (SPY) for comparison.
Closes to
MeasureAPA Corporation · APAConocoPhillips · COP
1 monthS&P 500: +1.1%
APA+21.1%
COP+18.8%
6 monthsS&P 500: +8.5%
APA+27.7%
COP+17.9%
Year to dateS&P 500: +13.3%
APA+113.8%
COP+62.7%
1 yearS&P 500: +12.7%
APA+124.1%
COP+73.4%
5 yearsS&P 500: +70.7%
APA+116.6%
COP+134.1%
1 year against the S&P 500percentage points
APA+111.4 pts
COP+60.7 pts
Position in the 52-week range0% low, 100% high
APA96%close $51.11 in $21.14 to $52.39
COP95%close $149.06 in $82.95 to $152.77
Against the 200-day average
APA+37.3%
COP+24.5%
Valuation
What the market pays
Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.
Filings: quarter to
MeasureAPA Corporation · APAConocoPhillips · COP
Market value
APA$18.09B28 Oct 2026
COP$181.00B28 Oct 2026
Enterprise valueat the last filing
APA$14.83B30 Jun 2026
COP$142.95B30 Jun 2026
P/Elatest filed
APA7.3
COP12.7
Price to book
APA1.45
COP1.93
EV / EBITDA
APA2.51
COP3.44
Free cash flow yield
APA39.27%
COP17.37%
Dividend yield
APA3.11%
COP3.22%
Profitability
How much of revenue becomes profit
Margins and returns on capital from the latest filing; revenue, net income and earnings per share over the trailing twelve months.
Filings: quarter to
MeasureAPA Corporation · APAConocoPhillips · COP
Gross margin
APA—Not in the latest filing data.
COP65%
Operating margin
APA—Not in the latest filing data.
COP52.3%
Net margin
APA—Not in the latest filing data.
COP20.5%
Return on equity
APA19.9%
COP15.2%
Return on invested capital
APA8.2%
COP7.3%
Revenuetrailing twelve months
APA—Not in the latest filing data.
COP$64.10B
Net incometrailing twelve months
APA$1.58B
COP$9.95B
Earnings per sharetrailing twelve months
APA$4.46
COP$8.19
Growth
How fast the business grew
Change against the same quarter a year earlier.
Filings: quarter to
MeasureAPA Corporation · APAConocoPhillips · COP
Revenue growthyear over year
APA—Not in the latest filing data.
COP+36.8%
Earnings growthyear over year
APA+23.9%
COP+99.4%
Free cash flow growthyear over year
APA−0.8%
COP+22.2%
Financial health
Balance sheet and quality scores
Leverage, liquidity and two published scores: Altman Z (below 1.8 the distress zone, above 3 the safe zone) and Piotroski F (0 to 9).
Filings: quarter to
MeasureAPA Corporation · APAConocoPhillips · COP
Debt to equity
APA0.47
COP0.36
Current ratiocurrent assets over current liabilities
APA0.95
COP1.54
Altman Z-score
APA—Not in the latest filing data.
COP2.59
Piotroski F-scoreout of 9
APA6 of 9
COP7 of 9
Trading and risk
How the shares trade
Volatility, sensitivity to the market, the deepest fall, short interest and how closely the two move together.
Closes to ; FINRA settlement
MeasureAPA Corporation · APAConocoPhillips · COP
Volatility21 sessions, annualised
APA31%
COP23.8%
Betaagainst the S&P 500, 5 years
APA0.63
COP0.47
Deepest fallpeak to trough, 5 years
APA−70.5%
COP−36.3%
Market regimeour reading at each model date
APAStrong risk-off
COPStrong risk-off
Short interestshare of the float
APA7.1%settled 30 Sep 2026
COP1.2%settled 30 Sep 2026
Days to covershort shares over average volume
APA3.8
COP2.0
Average volume3 months, shares a day
APA5.65M
COP6.53M
Moving togethercorrelation of daily returns, past year0.79, often together−1 opposite0 unrelated+1 together
Questions
APA Corporation or ConocoPhillips: common questions
Which is larger by market value, APA Corporation or ConocoPhillips?
ConocoPhillips, at $181.00B against $18.09B for APA Corporation, on the latest closes (28 Oct 2026).
Which has the higher P/E ratio, APA Corporation or ConocoPhillips?
ConocoPhillips has the higher latest filed P/E, 12.7; APA Corporation's is 7.3. Filings: quarter to 30 Jun 2026.
How did APA Corporation and ConocoPhillips move over the past year against the S&P 500?
Over the past year APA Corporation returned +124.1% and ConocoPhillips +73.4%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.
What does the model expect for APA Corporation and ConocoPhillips over the next month?
−0.07% for APA Corporation with a 41% chance of a rise, and −0.56% for ConocoPhillips with a 27% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.
Do APA Corporation and ConocoPhillips shares move together?
Over the past year the correlation of their daily returns was 0.79 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.
In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.