Produces oil and gas without the refining and chemicals operations the integrated majors carry.
ConocoPhillips (COP) scores 5.8 out of 10 as of , computed from its reported financial statements. That reads as solid quality. The reading rests on solvency, and predictability is what holds it back.
One pillar, efficiency, is unscored because the filings behind it carry too little to judge. It is shown as a dash rather than a zero, and the overall score is the weighted average of what could be scored.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge ConocoPhillips yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
Stripping out downstream leaves a purer commodity producer, so profitability and predictability swing harder than at an integrated peer. Efficiency and solvency are where a low-cost producer proves itself, since the selling price is the same for everyone. This is the cleanest read in the sector of what production costs are actually worth.
On the filings behind it, ConocoPhillips earns 5.8 out of 10 for business quality as of October 19, 2026. That is solid quality on our scale. A solid reading is a respectable business with clear strengths and at least one area that falls short of the best in its field. The figure is a weighted average of five pillars, each scored from 0 to 10 against sector-aware benchmarks from reported statements.
Among the 87 Energy companies with a published score, that ranks at the 73rd percentile, in the upper half of the group, short of the top quarter. A typical company in the group scores 5.0, and the best quarter starts from 5.9. ConocoPhillips is above that typical reading.
Profitability scores 7.2 out of 10, which reads as strong. The median across 84 Energy companies is 5.5, so ConocoPhillips is well above its peers on this pillar and ranks at the 72nd percentile. Returns and margins at this level leave room to reinvest, absorb a bad year or return cash to shareholders without straining the business.
Solvency scores 8.2 out of 10, which reads as strong. The median across 79 Energy companies is 6.5, so ConocoPhillips is well above its peers on this pillar and ranks at the 73rd percentile. A high solvency score means leverage is modest relative to earnings and cash flow, which gives management room to act in a bad year.
Growth scores 4.1 out of 10, which reads as average. The median across 66 Energy companies is 5.2, so ConocoPhillips is below its peers on this pillar and ranks at the 28th percentile. Average growth reflects a business expanding at roughly the pace of its sector, without a clear acceleration or decline.
There is no efficiency score for ConocoPhillips: too little of the pillar could be measured from the filings to give an honest reading. The overall is therefore the weighted average of the other pillars. Across 81 Energy companies the median for this pillar is 5.5. Without it the overall cannot say how well reported profit turns into cash.
ConocoPhillips’s predictability score is 3.6 out of 10 (weak). Against a median of 3.1 among 86 Energy companies, that is above the group and the 65th percentile. An average predictability reading means results have wobbled about as much as is normal for the sector.
This is a lopsided profile. Solvency scores 8.2 but predictability only 3.6, a gap of 4.6 points, so the overall hides a business that is excellent in one respect and weak in another. A solvency lead means the balance sheet is the company’s strongest asset, a cushion that buys time when trading gets harder. A predictability shortfall means the record is volatile, so the averages behind the other pillars move more than they appear to.
The pillar with the most room to move the score is growth. If it rose to the median of Energy companies, 5.2, ConocoPhillips’s overall score would go from 5.8 to about 6.1. Only four of the five pillars could be scored. Together they carry 85 of the 100 weight points (the full set is profitability 25, solvency 20, growth 20, efficiency 15, predictability 20), and the overall is the weighted average of those alone.
These are the Energy companies closest to ConocoPhillips in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading ConocoPhillips scores 5.8 out of 10, which reads as solid quality. Its strongest pillar is solvency, its weakest is predictability. Quality is not the same as a good investment: the score says nothing about the price you would pay.
ConocoPhillips ranks at the 73rd percentile of the 87 Energy companies Lemma publishes a score for. The median there is 5.0 and the top quarter starts at 5.9, against ConocoPhillips’s 5.8.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 19, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for COP are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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