SUN vs. COP

Last updated Apr 1, 2026

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

Performance

SUN vs. COP - Performance Comparison

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

SUN vs. COP - Yearly Performance Comparison

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

Fundamentals

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

Returns By Period

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

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%

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%

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

Return for Risk

SUN vs. COP — Risk / Return Rank

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

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

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

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.

SUN vs. COP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sunoco LP (SUN) and ConocoPhillips Company (COP). 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.

	SUN	COP	Difference
Sharpe ratio Return per unit of total volatility	0.78	0.88	-0.10
Sortino ratio Return per unit of downside risk	1.19	1.32	-0.13
Omega ratio Gain probability vs. loss probability	1.15	1.18	-0.03
Calmar ratio Return relative to maximum drawdown	1.13	1.51	-0.38
Martin ratio Return relative to average drawdown	2.41	2.91	-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.

SUN vs. COP - Sharpe Ratio Comparison

The current SUN Sharpe Ratio is 0.78, which is comparable to the COP Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of SUN and COP, 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

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

Correlation

The correlation between SUN and COP 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

SUN vs. COP - Dividend Comparison

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

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
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%

Drawdowns

SUN vs. COP - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

SUN vs. COP - Volatility Comparison

Sunoco LP (SUN) has a higher volatility of 7.24% compared to ConocoPhillips Company (COP) at 6.82%. This indicates that SUN's price experiences larger fluctuations and is considered to be riskier than COP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Financials

SUN vs. COP - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.