COP vs. SUN

Last updated Apr 1, 2026

Compare and contrast key facts about ConocoPhillips Company (COP) and Sunoco LP (SUN).

Performance

COP vs. SUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ConocoPhillips Company (COP) and Sunoco LP (SUN). The values are adjusted to include any dividend payments, if applicable.

COP vs. SUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COP ConocoPhillips Company	42.11%	-2.34%	-12.02%	1.98%	71.69%	86.60%	-36.04%	6.63%	15.63%	11.95%
SUN Sunoco LP	25.98%	8.88%	-8.59%	49.38%	13.95%	55.26%	6.28%	24.78%	7.71%	17.86%

Fundamentals

Market Cap COP : $162.88B SUN : $3.35T
EPS COP : $6.39 SUN : $0.02
PE Ratio COP : 20.64 SUN : 2.80K
PS Ratio COP : 2.76 SUN : 44.51
PB Ratio COP : 2.53 SUN : 1.32K
Total Revenue (TTM) COP : $59.65B SUN : $25.20B
Gross Profit (TTM) COP : $17.61B SUN : $1.54B
EBITDA (TTM) COP : $25.38B SUN : $1.48B

Returns By Period

In the year-to-date period, COP achieves a 42.11% return, which is significantly higher than SUN's 25.98% return. Over the past 10 years, COP has underperformed SUN with an annualized return of 16.28%, while SUN has yielded a comparatively higher 17.52% annualized return.

COP

• 1D: -0.67%
• 1M: 16.34%
• YTD: 42.11%
• 6M: 41.94%
• 1Y: 30.00%
• 3Y*: 13.58%
• 5Y*: 23.95%
• 10Y*: 16.28%

SUN

• 1D: -2.04%
• 1M: 1.85%
• YTD: 25.98%
• 6M: 34.34%
• 1Y: 19.66%
• 3Y*: 21.81%
• 5Y*: 23.44%
• 10Y*: 17.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

COP vs. SUN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COP

COP Risk / Return Rank: 68
COP Sharpe Ratio Rank: 72
COP Sortino Ratio Rank: 65
COP Omega Ratio Rank: 65
COP Calmar Ratio Rank: 72
COP Martin Ratio Rank: 68

SUN

SUN Risk / Return Rank: 64
SUN Sharpe Ratio Rank: 69
SUN Sortino Ratio Rank: 62
SUN Omega Ratio Rank: 59
SUN Calmar Ratio Rank: 67
SUN Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COP vs. SUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ConocoPhillips Company (COP) and Sunoco LP (SUN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	COP	SUN	Difference
Sharpe ratio Return per unit of total volatility	0.88	0.78	+0.10
Sortino ratio Return per unit of downside risk	1.32	1.19	+0.13
Omega ratio Gain probability vs. loss probability	1.18	1.15	+0.03
Calmar ratio Return relative to maximum drawdown	1.51	1.13	+0.38
Martin ratio Return relative to average drawdown	2.91	2.41	+0.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COP vs. SUN - Sharpe Ratio Comparison

The current COP Sharpe Ratio is 0.88, which is comparable to the SUN Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of COP and SUN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COP	SUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	0.78	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	1.02	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.55	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.53	-0.29

Correlation

The correlation between COP and SUN is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

COP vs. SUN - Dividend Comparison

COP's dividend yield for the trailing twelve months is around 2.45%, less than SUN's 5.63% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COP ConocoPhillips Company	2.45%	3.40%	3.35%	3.37%	4.23%	2.70%	4.23%	2.05%	1.86%	1.93%	1.99%	6.30%
SUN Sunoco LP	5.63%	6.89%	6.74%	5.59%	7.66%	8.09%	11.47%	10.79%	12.14%	11.63%	12.16%	6.78%

Drawdowns

COP vs. SUN - Drawdown Comparison

The maximum COP drawdown since its inception was -84.55%, which is greater than SUN's maximum drawdown of -65.47%. Use the drawdown chart below to compare losses from any high point for COP and SUN.

Drawdown Indicators

	COP	SUN	Difference
Max Drawdown Largest peak-to-trough decline	-84.55%	-65.47%	-19.08%
Max Drawdown (1Y) Largest decline over 1 year	-22.09%	-15.38%	-6.71%
Max Drawdown (5Y) Largest decline over 5 years	-36.19%	-21.29%	-14.90%
Max Drawdown (10Y) Largest decline over 10 years	-70.66%	-62.94%	-7.72%
Current Drawdown Current decline from peak	-1.35%	-3.40%	+2.05%
Average Drawdown Average peak-to-trough decline	-25.55%	-16.49%	-9.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.45%	7.19%	+4.26%

Volatility

COP vs. SUN - Volatility Comparison

The current volatility for ConocoPhillips Company (COP) is 6.82%, while Sunoco LP (SUN) has a volatility of 7.24%. This indicates that COP experiences smaller price fluctuations and is considered to be less risky than SUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COP	SUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.82%	7.24%	-0.42%
Volatility (6M) Calculated over the trailing 6-month period	20.55%	14.79%	+5.76%
Volatility (1Y) Calculated over the trailing 1-year period	34.39%	25.39%	+9.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.78%	23.19%	+9.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.68%	31.88%	+5.80%

Financials

COP vs. SUN - Profitability Comparison

The chart below illustrates the profitability comparison between ConocoPhillips Company and Sunoco LP over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

COP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, ConocoPhillips Company reported a gross profit of 5.64B and revenue of 14.19B. Therefore, the gross margin over that period was 39.8%.

SUN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sunoco LP reported a gross profit of 0.00 and revenue of 8.60B. Therefore, the gross margin over that period was 0.0%.

COP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, ConocoPhillips Company reported an operating income of 2.44B and revenue of 14.19B, resulting in an operating margin of 17.2%.

SUN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sunoco LP reported an operating income of 184.00M and revenue of 8.60B, resulting in an operating margin of 2.1%.

COP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, ConocoPhillips Company reported a net income of 1.44B and revenue of 14.19B, resulting in a net margin of 10.2%.

SUN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sunoco LP reported a net income of 101.00M and revenue of 8.60B, resulting in a net margin of 1.2%.