Oil & Gas Exploration & Production Stocks
Oil & Gas Exploration & Production: ConocoPhillips owns the largest revenue base; Gulfport Energy Corporation has the fastest current growth.
How has Oil & Gas Exploration & Production moved against S&P 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 0% ahead of S&P 500. Earnings across its companies fell 35% on average over the last four reported quarters. It has been ahead of S&P 500 on a rolling three-month view for 4 weeks running.
RS ↑4w · 38/57 >200d (−5) · 41/57 lead (+29) · EPS 23/57↑
Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 57 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Is Oil & Gas Exploration & Production outperforming S&P 500?
Oil & Gas Exploration & Production has outperformed S&P 500 by 20.6% over the last 52 weeks. Over 13 weeks the gap is a lead of 13.2%. 18 of 30 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. SM Energy Company is the strongest against the sector itself at +29.6%.
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Oil & Gas Exploration & Production has outperformed S&P 500 by 20.6% over 52 weeks and 13.2% over 13 weeks. 18 of 30 covered companies beat the S&P 500 on Mansfield relative strength, while 16 of 30 beat the sector itself. ConocoPhillips leads with revenue of $63,345 million, based on 20 of 30 comparable companies through Jun 2026.
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Canadian Natural Resources LimitedCNQ | 76.1/100Favorable setup85% evidence | BREAKING OUT | 30.3/35 Revenue 17.6% · PAT 41.3% · OPM change 19.4 pp 95% evidence | 16.0/25 ROCE 7.8% · OPM 43.1% 76% evidence | 14.3/20 P/E 10× · PEG 0.23 65% evidence | 15.5/20 RS sector 9.1% · RS bench 14.4% · 1Y 58.5%4 of 12 weeks ahead 100% evidence |
| Exact sum: 30.3 + 16 + 14.3 + 15.5 = 76.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2APA CorporationAPA | 70.3/100Favorable setup81% evidence | BREAKING OUT | 21.6/35 Revenue -17.4% · PAT 37.2% · OPM change 15.2 pp 83% evidence | 14.3/25 ROCE 6.4% · OPM 42.9% 76% evidence | 15.1/20 P/E 9.9× · PEG 0.18 65% evidence | 19.3/20 RS sector 24.4% · RS bench 29.9% · 1Y 90.8%5 of 12 weeks ahead 100% evidence |
| Exact sum: 21.6 + 14.3 + 15.1 + 19.3 = 70.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Occidental Petroleum CorporationOXY | 69.1/100Favorable setup85% evidence | BREAKING OUT | 26.0/35 Revenue -11.3% · PAT 82.1% · OPM change 30.9 pp 95% evidence | 14.3/25 ROCE 5.2% · OPM 46.7% 76% evidence | 15.3/20 P/E 7.5× · PEG 0.22 65% evidence | 13.5/20 RS sector 3.6% · RS bench 8.8% · 1Y 28.8%2 of 12 weeks ahead 100% evidence |
| Exact sum: 26 + 14.3 + 15.3 + 13.5 = 69.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4EOG Resources, Inc.EOG | 67.9/100Favorable setup85% evidence | BREAKING OUT | 27.2/35 Revenue 19.1% · PAT 20% · OPM change 9 pp 95% evidence | 15.8/25 ROCE 7.8% · OPM 40.9% 76% evidence | 12.6/20 P/E 10.1× · PEG 0.41 65% evidence | 12.3/20 RS sector 2.4% · RS bench 7.9% · 1Y 24.9%4 of 12 weeks ahead 100% evidence |
| Exact sum: 27.2 + 15.8 + 12.6 + 12.3 = 67.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5ConocoPhillipsCOP | 66.0/100Favorable setup85% evidence | BREAKING OUT | 22.0/35 Revenue 9.6% · PAT 1.1% · OPM change 12.8 pp 95% evidence | 14.7/25 ROCE 5.3% · OPM 30.7% 76% evidence | 13.0/20 P/E 13.8× · PEG 0.27 65% evidence | 16.3/20 RS sector 7.5% · RS bench 13% · 1Y 44.2%5 of 12 weeks ahead 100% evidence |
| Exact sum: 22 + 14.7 + 13 + 16.3 = 66 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Ovintiv Inc.OVV | 60.5/100Thin evidence · provisional58% evidence | BREAKING OUT | 20.1/35 Revenue — · PAT — · OPM change 1.8 pp 45% evidence | 15.9/25 ROCE 15.8% · OPM 29.2% 76% evidence | 9.4/20 P/E 16.1× · PEG — 15% evidence | 15.1/20 RS sector 10.8% · RS bench 16.1% · 1Y 52.2%6 of 12 weeks ahead 100% evidence |
| Exact sum: 20.1 + 15.9 + 9.4 + 15.1 = 60.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 7Devon Energy CorporationDVN | 59.1/100Mixed-positive evidence75% evidence | BREAKING OUT | 22.2/35 Revenue 14.6% · PAT 13.2% · OPM change 8.3 pp 95% evidence | 14.2/25 ROCE 5% · OPM 31% 76% evidence | 10.9/20 P/E 9.8× · PEG — 15% evidence | 11.8/20 RS sector 2.4% · RS bench 7.6% · 1Y 42.6%2 of 12 weeks ahead 100% evidence |
| Exact sum: 22.2 + 14.2 + 10.9 + 11.8 = 59.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Crescent Energy CompanyCRGY | 58.3/100Mixed-positive evidence64% evidence | BREAKING OUT | 20.3/35 Revenue 18.3% · PAT — · OPM change 9.6 pp 62% evidence | 9.4/25 ROCE 3.4% · OPM 27.7% 76% evidence | 9.5/20 P/E 15.5× · PEG — 15% evidence | 19.1/20 RS sector 18.9% · RS bench 24.4% · 1Y 71.2%4 of 12 weeks ahead 100% evidence |
| Exact sum: 20.3 + 9.4 + 9.5 + 19.1 = 58.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Diamondback Energy, Inc.FANG | 57.4/100Mixed-positive evidence85% evidence | TURNING | 22.5/35 Revenue 21.4% · PAT -64.1% · OPM change 14.2 pp 95% evidence | 13.7/25 ROCE 3.8% · OPM 45.2% 76% evidence | 13.8/20 P/E 34.3× · PEG 0.1 65% evidence | 7.4/20 RS sector -1.2% · RS bench 4% · 1Y 39.3%1 of 12 weeks ahead 100% evidence |
| Exact sum: 22.5 + 13.7 + 13.8 + 7.4 = 57.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Permian Resources CorporationPR | 54.2/100Mixed-positive evidence81% evidence | BREAKING OUT | 12.7/35 Revenue -1.1% · PAT -46.3% · OPM change -2.9 pp 83% evidence | 12.4/25 ROCE 2.9% · OPM 33.7% 76% evidence | 11.5/20 P/E 24.8× · PEG 0.38 65% evidence | 17.6/20 RS sector 15.3% · RS bench 20.7% · 1Y 73.2%5 of 12 weeks ahead 100% evidence |
| Exact sum: 12.7 + 12.4 + 11.5 + 17.6 = 54.2 · Decision use: Price leads the evidence: RS versus the benchmark is 20.7%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 11Vista Energy, S.A.B. de C.V.VIST | 53.5/100Thin evidence · provisional58% evidence | TURNING | 15.1/35 Revenue — · PAT — · OPM change -7.5 pp 45% evidence | 15.6/25 ROCE 8.9% · OPM 24.9% 76% evidence | 11.0/20 P/E 8.4× · PEG — 15% evidence | 11.8/20 RS sector 11.4% · RS bench 16.6% · 1Y 120.4%1 of 12 weeks ahead 100% evidence |
| Exact sum: 15.1 + 15.6 + 11 + 11.8 = 53.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 12Gulfport Energy CorporationGPOR | 53.4/100Mixed-positive evidence64% evidence | BASING | 25.9/35 Revenue 90.8% · PAT — · OPM change 45.9 pp 62% evidence | 14.2/25 ROCE 8.9% · OPM 52% 76% evidence | 11.4/20 P/E 7.2× · PEG — 15% evidence | 1.9/20 RS sector -23.9% · RS bench -19.2% · 1Y -3%0 of 12 weeks ahead 100% evidence |
| Exact sum: 25.9 + 14.2 + 11.4 + 1.9 = 53.4 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -23.9% and the one-year return is -3%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 13Baytex Energy Corp.BTE | 51.5/100Thin evidence · provisional53% evidence | TURNING | 17.8/35 Revenue — · PAT — · OPM change -10.5 pp 32% evidence | 9.9/25 ROCE 4.3% · OPM 12.8% 76% evidence | 10.1/20 P/E 11.6× · PEG — 15% evidence | 13.7/20 RS sector 14.5% · RS bench 19.9% · 1Y 104.6%2 of 12 weeks ahead 100% evidence |
| Exact sum: 17.8 + 9.9 + 10.1 + 13.7 = 51.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14SM Energy CompanySM | 50.6/100Mixed-positive evidence81% evidence | BREAKING OUT | 11.7/35 Revenue 27.3% · PAT -84% · OPM change -52.8 pp 83% evidence | 6.5/25 ROCE -2.6% · OPM -20.1% 76% evidence | 12.4/20 P/E 13.1× · PEG 0.35 65% evidence | 20.0/20 RS sector 29.6% · RS bench 35.8% · 1Y 48.7%7 of 12 weeks ahead 100% evidence |
| Exact sum: 11.7 + 6.5 + 12.4 + 20 = 50.6 · Decision use: Price leads the evidence: RS versus the benchmark is 35.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 15Black Stone Minerals, L.P.BSM | 49.3/100Mixed-negative evidence81% evidence | FADING | 21.8/35 Revenue 20.9% · PAT 33.2% · OPM change -1 pp 83% evidence | 9.8/25 ROCE 1.3% · OPM 28% 76% evidence | 13.0/20 P/E 11.9× · PEG 0.31 65% evidence | 4.7/20 RS sector -8.1% · RS bench -2.5% · 1Y 14.1%2 of 12 weeks ahead 100% evidence |
| Exact sum: 21.8 + 9.8 + 13 + 4.7 = 49.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Antero Resources CorporationAR | 46.6/100Thin evidence · provisional58% evidence | BREAKING OUT | 20.5/35 Revenue — · PAT — · OPM change 17.4 pp 45% evidence | 10.8/25 ROCE 3% · OPM 37.5% 76% evidence | 10.5/20 P/E 10.1× · PEG — 15% evidence | 4.8/20 RS sector -11.8% · RS bench -6.9% · 1Y 12.6%4 of 12 weeks ahead 100% evidence |
| Exact sum: 20.5 + 10.8 + 10.5 + 4.8 = 46.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 17Texas Pacific Land CorporationTPL | 46.2/100Mixed-negative evidence85% evidence | ASLEEP | 19.1/35 Revenue 20.7% · PAT 17.1% · OPM change 1.4 pp 95% evidence | 21.7/25 ROCE 38.2% · OPM 78.2% 76% evidence | 3.8/20 P/E 55.8× · PEG 3.21 65% evidence | 1.6/20 RS sector -17.7% · RS bench -13.9% · 1Y 19.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.1 + 21.7 + 3.8 + 1.6 = 46.2 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 18Chord Energy CorporationCHRD | 46.0/100Mixed-negative evidence71% evidence | TURNING | 10.0/35 Revenue -1% · PAT -89.1% · OPM change -7.8 pp 83% evidence | 10.3/25 ROCE 2.9% · OPM 20% 76% evidence | 8.5/20 P/E 125.3× · PEG — 15% evidence | 17.2/20 RS sector 12.1% · RS bench 17.5% · 1Y 46.5%3 of 12 weeks ahead 100% evidence |
| Exact sum: 10 + 10.3 + 8.5 + 17.2 = 46 · Decision use: Price leads the evidence: RS versus the benchmark is 17.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 19Range Resources CorporationRRC | 45.8/100Thin evidence · provisional58% evidence | TURNING | 19.7/35 Revenue — · PAT — · OPM change 11.9 pp 45% evidence | 11.6/25 ROCE 2.8% · OPM 46.7% 76% evidence | 10.4/20 P/E 10.3× · PEG — 15% evidence | 4.1/20 RS sector -11.9% · RS bench -7% · 1Y 12.6%1 of 12 weeks ahead 100% evidence |
| Exact sum: 19.7 + 11.6 + 10.4 + 4.1 = 45.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 20Magnolia Oil & Gas CorporationMGY | 44.5/100Mixed-negative evidence81% evidence | ASLEEP | 13.0/35 Revenue -1.9% · PAT -18.7% · OPM change -3.2 pp 83% evidence | 14.3/25 ROCE 4.9% · OPM 35.6% 76% evidence | 14.1/20 P/E 18.4× · PEG 0.1 65% evidence | 3.1/20 RS sector -10.9% · RS bench -6.2% · 1Y 8.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 13 + 14.3 + 14.1 + 3.1 = 44.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 21Talos Energy Inc.TALO | 42.3/100Thin evidence · provisional56% evidence | BREAKING OUT | 12.1/35 Revenue — · PAT — · OPM change -33.8 pp 39% evidence | 3.9/25 ROCE -2.4% · OPM -25.3% 76% evidence | 8.7/20 P/E 69.4× · PEG — 15% evidence | 17.6/20 RS sector 16.9% · RS bench 22.5% · 1Y 95.1%6 of 12 weeks ahead 100% evidence |
| Exact sum: 12.1 + 3.9 + 8.7 + 17.6 = 42.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 22CNX Resources CorporationCNX | 41.7/100Thin evidence · provisional58% evidence | BREAKING OUT | 16.5/35 Revenue — · PAT — · OPM change 347.8 pp 45% evidence | 11.5/25 ROCE 3.4% · OPM 60.4% 76% evidence | 11.5/20 P/E 5.7× · PEG — 15% evidence | 2.2/20 RS sector -18.4% · RS bench -13.6% · 1Y 11%3 of 12 weeks ahead 100% evidence |
| Exact sum: 16.5 + 11.5 + 11.5 + 2.2 = 41.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 23Matador Resources CompanyMTDR | 40.6/100Mixed-negative evidence81% evidence | BREAKING OUT | 9.2/35 Revenue -2.9% · PAT -42.9% · OPM change -33.7 pp 83% evidence | 7.3/25 ROCE 0.5% · OPM 5% 76% evidence | 10.5/20 P/E 16.2× · PEG 0.9 65% evidence | 13.6/20 RS sector 1.8% · RS bench 6.9% · 1Y 27.1%3 of 12 weeks ahead 100% evidence |
| Exact sum: 9.2 + 7.3 + 10.5 + 13.6 = 40.6 · Decision use: Price leads the evidence: RS versus the benchmark is 6.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 24Expand Energy CorporationEXE | 39.8/100Thin evidence · provisional58% evidence | TURNING | 16.6/35 Revenue — · PAT — · OPM change 47 pp 45% evidence | 9.3/25 ROCE 2.6% · OPM 34.8% 76% evidence | 11.2/20 P/E 7.9× · PEG — 15% evidence | 2.7/20 RS sector -23.7% · RS bench -18.8% · 1Y -9.9%0 of 12 weeks ahead 100% evidence |
| Exact sum: 16.6 + 9.3 + 11.2 + 2.7 = 39.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 25EQT CorporationEQT | 37.2/100Mixed-negative evidence85% evidence | BASING | 19.5/35 Revenue 32.3% · PAT 100% · OPM change -22.5 pp 95% evidence | 8.3/25 ROCE 1% · OPM 21.8% 76% evidence | 7.8/20 P/E 12.3× · PEG 1.84 65% evidence | 1.6/20 RS sector -20.6% · RS bench -15.9% · 1Y 2.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.5 + 8.3 + 7.8 + 1.6 = 37.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 26Comstock Resources, Inc.CRK | 37.2/100Thin evidence · provisional58% evidence | ASLEEP | 16.4/35 Revenue — · PAT — · OPM change 5.2 pp 45% evidence | 6.8/25 ROCE 0.4% · OPM 29.8% 76% evidence | 11.1/20 P/E 8.4× · PEG — 15% evidence | 2.9/20 RS sector -38.1% · RS bench -33.9% · 1Y -22.5%3 of 12 weeks ahead 100% evidence |
| Exact sum: 16.4 + 6.8 + 11.1 + 2.9 = 37.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 27Murphy Oil CorporationMUR | 36.5/100Mixed-negative evidence71% evidence | TURNING | 11.7/35 Revenue -5.1% · PAT -74.8% · OPM change -2.5 pp 83% evidence | 9.0/25 ROCE 1.6% · OPM 18.9% 76% evidence | 8.6/20 P/E 69.9× · PEG — 15% evidence | 7.2/20 RS sector -1.8% · RS bench 3.5% · 1Y 43.9%1 of 12 weeks ahead 100% evidence |
| Exact sum: 11.7 + 9 + 8.6 + 7.2 = 36.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 28Northern Oil and Gas, Inc.NOG | 29.4/100Adverse evidence67% evidence | BREAKING OUT | 4.0/35 Revenue -22.7% · PAT -196.1% · OPM change -13060.2 pp 83% evidence | 6.5/25 ROCE -13.5% · OPM — 61% evidence | 8.9/20 P/E 55.1× · PEG — 15% evidence | 10.0/20 RS sector -6% · RS bench -1% · 1Y 1%5 of 12 weeks ahead 100% evidence |
| Exact sum: 4 + 6.5 + 8.9 + 10 = 29.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 29California Resources CorporationCRC | 22.8/100Adverse evidence71% evidence | BASING | 4.8/35 Revenue -21.3% · PAT -192.4% · OPM change -617.9 pp 83% evidence | 4.8/25 ROCE -12.3% · OPM -597.5% 76% evidence | 10.3/20 P/E 10.8× · PEG — 15% evidence | 2.9/20 RS sector -11.3% · RS bench -6.8% · 1Y -1%0 of 12 weeks ahead 100% evidence |
| Exact sum: 4.8 + 4.8 + 10.3 + 2.9 = 22.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 30Woodside Energy Group LtdWDS | 50.9/100Thin evidence · provisional32% evidence | TURNING | 17.4/35 Revenue — · PAT — · OPM change — 9% evidence | 10.1/25 ROCE 1.8% · OPM — 46% evidence | 10.2/20 P/E 11× · PEG — 15% evidence | 13.2/20 RS sector 4.1% · RS bench 9% · 1Y 52.4%2 of 12 weeks ahead 70% evidence |
| Exact sum: 17.4 + 10.1 + 10.2 + 13.2 = 50.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Market action
Vista Energy, S.A.B. de C.V. has the strongest one-year price move in Oil & Gas Exploration & Production at +120.4%. SM Energy Company leads on Mansfield relative strength against the S&P 500 at +35.8%. 18 of 30 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-09-16.
Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Oil & Gas Exploration & Production itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
Revenue Scale & Growth Durability
ConocoPhillips has the highest Revenue among the 30 Oil & Gas Exploration & Production companies compared here, at $63,345 million. Canadian Natural Resources Limited is next at $44,676 million. Gulfport Energy Corporation has the highest Revenue growth at 90.8%, so level and change sit with different companies. 20 of 30 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: ConocoPhillips is the scale leader at $63,345 million, 41.8% ahead of Canadian Natural Resources Limited. Gulfport Energy Corporation's growth is 90.8% from a $1,664 million base, with 18 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: ConocoPhillips is the scale benchmark; Gulfport Energy Corporation is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: ConocoPhillips's growth falls below Gulfport Energy Corporation's for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
Revenue · reported quarter history
Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Woodside Energy Group Ltd · WDS
Revenue growth · reported quarter history
Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Woodside Energy Group Ltd · WDS
Operating Economics & Margin Trend
Texas Pacific Land Corporation has the highest OPM among the 30 Oil & Gas Exploration & Production companies compared here, at 78.2%. CNX Resources Corporation is next at 60.4%. CNX Resources Corporation has the highest Margin change at +347.8 percentage points, so level and change sit with different companies. Its OPM series carries 20 reported observations across the 20-quarter window.
What the numbers say: Texas Pacific Land Corporation leads opm at 78.2%; CNX Resources Corporation leads margin change at +347.8 percentage points.
Investor read: Texas Pacific Land Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Texas Pacific Land Corporation TPL | 78% | +1.4 pp | Jun 2026 |
| CNX Resources Corporation CNX | 60% | +347.8 pp | Jun 2026 |
| Gulfport Energy Corporation GPOR | 52% | +45.9 pp | Mar 2026 |
| Occidental Petroleum Corporation OXY | 47% | +30.9 pp | Jun 2026 |
| Range Resources Corporation RRC | 47% | +11.9 pp | Jun 2026 |
| Diamondback Energy, Inc. FANG | 45% | +14.2 pp | Jun 2026 |
| Canadian Natural Resources Limited CNQ | 43% | +19.4 pp | Jun 2026 |
| APA Corporation APA | 43% | +15.2 pp | Mar 2026 |
| EOG Resources, Inc. EOG | 41% | +9.0 pp | Jun 2026 |
| Northern Oil and Gas, Inc. NOG | 39% | −13,060.2 pp | Mar 2026 |
| Antero Resources Corporation AR | 38% | +17.4 pp | Jun 2026 |
| Magnolia Oil & Gas Corporation MGY | 36% | −3.2 pp | Mar 2026 |
| Expand Energy Corporation EXE | 35% | +47.0 pp | Jun 2026 |
| Permian Resources Corporation PR | 34% | −2.9 pp | Mar 2026 |
| Devon Energy Corporation DVN | 31% | +8.3 pp | Jun 2026 |
| ConocoPhillips COP | 31% | +12.8 pp | Jun 2026 |
| Comstock Resources, Inc. CRK | 30% | +5.2 pp | Jun 2026 |
| Ovintiv Inc. OVV | 29% | +1.8 pp | Jun 2026 |
| Black Stone Minerals, L.P. BSM | 28% | −1.0 pp | Mar 2026 |
| Crescent Energy Company CRGY | 28% | +9.6 pp | Mar 2026 |
| Vista Energy, S.A.B. de C.V. VIST | 25% | −7.5 pp | Jun 2026 |
| EQT Corporation EQT | 22% | −22.5 pp | Jun 2026 |
| Chord Energy Corporation CHRD | 20% | −7.8 pp | Mar 2026 |
| Murphy Oil Corporation MUR | 19% | −2.5 pp | Mar 2026 |
| Baytex Energy Corp. BTE | 13% | −10.5 pp | Jun 2026 |
| Matador Resources Company MTDR | 5.0% | −33.7 pp | Mar 2026 |
| SM Energy Company SM | -20% | −52.8 pp | Mar 2026 |
| Talos Energy Inc. TALO | -25% | −33.8 pp | Mar 2026 |
| California Resources Corporation CRC | -598% | −617.9 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
APA Corporation · APA
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Margin change · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
APA Corporation · APA
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Profit Scale & Acceleration
Canadian Natural Resources Limited has the highest Net profit among the 30 Oil & Gas Exploration & Production companies compared here, at $11,754 million. ConocoPhillips is next at $9,282 million. EQT Corporation has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Canadian Natural Resources Limited leads with $11,754 million of TTM profit, 26.6% above ConocoPhillips. EQT Corporation shows ≥100% on the scoring scale (129.5% uncapped) growth from a $2,988 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Canadian Natural Resources Limited sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
All-company data · latest reported quarter
Full 20-quarter history · every available company
Net profit · reported quarter history
Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Woodside Energy Group Ltd · WDS
Profit growth · reported quarter history
Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Woodside Energy Group Ltd · WDS
Return On Capital Employed
Texas Pacific Land Corporation has the highest ROCE among the 30 Oil & Gas Exploration & Production companies compared here, at 38.2%. Ovintiv Inc. is next at 15.8%. Gulfport Energy Corporation has the highest ROCE change at +8.5 percentage points, so level and change sit with different companies. Its ROCE series carries 20 reported observations across the 20-quarter window.
What the numbers say: Texas Pacific Land Corporation leads ROCE at 38.2%, 22.4 percentage points above Ovintiv Inc.. Gulfport Energy Corporation has the strongest latest improvement at +8.5 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
Investor read: Texas Pacific Land Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Texas Pacific Land Corporation TPL | 38% | −3.7 pp | Jun 2026 |
| Ovintiv Inc. OVV | 16% | +2.9 pp | Jun 2026 |
| Vista Energy, S.A.B. de C.V. VIST | 8.9% | −1.5 pp | Jun 2026 |
| Gulfport Energy Corporation GPOR | 8.9% | +8.5 pp | Mar 2026 |
| Canadian Natural Resources Limited CNQ | 7.8% | +4.9 pp | Jun 2026 |
| EOG Resources, Inc. EOG | 7.8% | +3.5 pp | Jun 2026 |
| APA Corporation APA | 6.4% | +1.3 pp | Mar 2026 |
| ConocoPhillips COP | 5.3% | +2.8 pp | Jun 2026 |
| Occidental Petroleum Corporation OXY | 5.2% | +4.0 pp | Jun 2026 |
| Devon Energy Corporation DVN | 5.0% | +1.1 pp | Jun 2026 |
| Magnolia Oil & Gas Corporation MGY | 4.9% | −0.5 pp | Mar 2026 |
| Baytex Energy Corp. BTE | 4.3% | +3.5 pp | Jun 2026 |
| Diamondback Energy, Inc. FANG | 3.8% | +1.6 pp | Jun 2026 |
| CNX Resources Corporation CNX | 3.4% | −4.5 pp | Jun 2026 |
| Crescent Energy Company CRGY | 3.4% | +1.1 pp | Mar 2026 |
| Antero Resources Corporation AR | 3.0% | +1.2 pp | Jun 2026 |
| Permian Resources Corporation PR | 2.9% | −0.5 pp | Mar 2026 |
| Chord Energy Corporation CHRD | 2.9% | −1.1 pp | Mar 2026 |
| Range Resources Corporation RRC | 2.8% | +0.1 pp | Jun 2026 |
| Expand Energy Corporation EXE | 2.6% | −4.2 pp | Jun 2026 |
| Woodside Energy Group Ltd WDS | 1.8% | −0.2 pp | Dec 2025 |
| Murphy Oil Corporation MUR | 1.6% | 0.0 pp | Mar 2026 |
| Black Stone Minerals, L.P. BSM | 1.3% | −0.1 pp | Mar 2026 |
| EQT Corporation EQT | 1.0% | −2.8 pp | Jun 2026 |
| Matador Resources Company MTDR | 0.5% | −4.0 pp | Mar 2026 |
| Comstock Resources, Inc. CRK | 0.4% | −1.1 pp | Jun 2026 |
| Talos Energy Inc. TALO | -2.4% | −3.2 pp | Mar 2026 |
| SM Energy Company SM | -2.6% | −6.6 pp | Mar 2026 |
| California Resources Corporation CRC | -12% | −16.4 pp | Mar 2026 |
| Northern Oil and Gas, Inc. NOG | -14% | −18.4 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Woodside Energy Group Ltd · WDS
ROCE change · reported quarter history
Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Woodside Energy Group Ltd · WDS
Valuation Against Growth & Quality
Diamondback Energy, Inc. has the lowest PEG among the 30 Oil & Gas Exploration & Production companies compared here, at 0.1×. CNX Resources Corporation has the lowest P/E at 5.66×, so level and change sit with different companies. 13 of 30 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Diamondback Energy, Inc. has the lowest comparable PEG at 0.1×, 0% below Magnolia Oil & Gas Corporation. Only 13 of 30 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
All-company data · latest reported quarter
Full 20-quarter history · every available company
PEG · reported quarter history
Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
APA Corporation · APA
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Range Resources Corporation · RRC
SM Energy Company · SM
Texas Pacific Land Corporation · TPL
P/E · reported quarter history
Showing the 12 largest of 30 companies with a series here. The remaining 18 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Canadian Natural Resources Limited · CNQ
ConocoPhillips · COP
Devon Energy Corporation · DVN
Diamondback Energy, Inc. · FANG
EOG Resources, Inc. · EOG
EQT Corporation · EQT
Expand Energy Corporation · EXE
Occidental Petroleum Corporation · OXY
Ovintiv Inc. · OVV
Permian Resources Corporation · PR
Texas Pacific Land Corporation · TPL
Woodside Energy Group Ltd · WDS
What can make this comparison misleading?
This Oil & Gas Exploration & Production comparison names 5 specific ways its own evidence can mislead, all listed below. 1 of the 30 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
How was this comparison built?
This comparison is built from the reported filings of 30 Oil & Gas Exploration & Production companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-09-16.
Oil & Gas Exploration & Production company comparison FAQs
These 22 answers restate the Oil & Gas Exploration & Production comparison above in question form. Every one is computed from the same 30 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-16. Nothing here is estimated, and none of it is a recommendation.
Is the Oil & Gas Exploration & Production sector outperforming S&P 500?
Oil & Gas Exploration & Production has outperformed S&P 500 by 20.6% over 52 weeks and 13.2% over 13 weeks. 18 of 30 covered companies beat the S&P 500 on Mansfield relative strength, while 16 of 30 beat the sector itself.
Which Oil & Gas Exploration & Production company is largest by revenue?
ConocoPhillips leads with revenue of $63,345 million, based on 20 of 30 comparable companies through Jun 2026.
Which Oil & Gas Exploration & Production company is growing fastest?
Gulfport Energy Corporation has the fastest current revenue growth at 90.8%, across 20 of 30 comparable companies.
Which Oil & Gas Exploration & Production company has the strongest 4-Factor Sector Score?
Canadian Natural Resources Limited ranks first at 76.1/100 with 85.3% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Oil & Gas Exploration & Production company has the lowest comparable PEG?
Diamondback Energy, Inc. has the lowest comparable PEG at 0.1, among 13 of 30 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Oil & Gas Exploration & Production comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Which Oil & Gas Exploration & Production company is the biggest?
ConocoPhillips is the largest, with trailing-twelve-month revenue of $63,345 million, ahead of Canadian Natural Resources Limited at $44,676 million. That covers 20 of 30 companies with comparable reporting through Jun 2026.
Which Oil & Gas Exploration & Production company has the best profit margins?
Texas Pacific Land Corporation has the highest operating margin at 78.2%, from 28 of 30 comparable companies. CNX Resources Corporation shows the biggest improvement (+347.8 percentage points — see the chart above for the starting level). A high margin matters most when it is holding or rising, not when it is peaking.
Which Oil & Gas Exploration & Production company makes the most profit?
Canadian Natural Resources Limited earns the most, at $11,754 million of trailing-twelve-month net profit, from 20 of 30 comparable companies. EQT Corporation has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.
Which Oil & Gas Exploration & Production company earns the highest return on capital?
Texas Pacific Land Corporation leads on return on capital employed at 38.2%, across 30 of 30 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Oil & Gas Exploration & Production stock is the cheapest?
On PEG — where a LOWER number is cheaper — Diamondback Energy, Inc. screens cheapest at 0.1×. Only 13 of 30 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the Oil & Gas Exploration & Production sector beating the market?
Oil & Gas Exploration & Production has outperformed S&P 500 by 20.6% over the last 52 weeks and 13.2% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 18 of 30 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Oil & Gas Exploration & Production stock has the strongest price momentum?
SM Energy Company has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Oil & Gas Exploration & Production company scores highest for research priority?
Canadian Natural Resources Limited scores 76.1 out of 100 with 85.3% evidence confidence, from 30.3 points on growth and earnings, 16 on capital efficiency, 14.3 on valuation and 15.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Oil & Gas Exploration & Production companies does this comparison cover, and over what period?
It compares 30 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Oil & Gas Exploration & Production sector?
The 30 Oil & Gas Exploration & Production companies on this page carry $782,562 million of combined market value. ConocoPhillips is the largest at $159,225 million, about 20% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-16.
What is the Oil & Gas Exploration & Production sector's P/E ratio?
The median price-to-earnings ratio across the 30 Oil & Gas Exploration & Production companies on this page is 11.9×, measured on the 30 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-09-16.
How is the Oil & Gas Exploration & Production sector performing?
18 of the 30 covered Oil & Gas Exploration & Production companies are beating S&P 500 on Mansfield relative strength. The sector itself is 20.6% ahead of S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-16.
How many Oil & Gas Exploration & Production stocks are listed in the US?
This comparison covers 30 listed Oil & Gas Exploration & Production companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.
Not SEBI Registered !! Not Investment advice !!