ConocoPhillips vs Chevron Corporation
WatchlistCOP / CVXPrices through Oct 22, 2026
Why these are rivals: #2 and #3 by market value ($443B vs $174B) in Nasdaq's "Integrated oil Companies" industry; SEC SIC 2911 / 2911 (same major group); #2 and #3 by market value ($443B vs $174B) with SEC SIC 2911 (Petroleum Refining).
Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.
- Mean reversion: ADF t-statistic of the spread: -2.66 (needs <= -2.873 (5% critical value))
Business leadership
CVX is the larger business
Annual revenue reported to the SEC. Scale, not market share.
| Year | COP | CVX | Larger |
|---|---|---|---|
| 2025 | $58.9B | $189.0B | CVX |
| 2024 | $54.7B | $202.8B | CVX |
| 2023 | $56.1B | $200.9B | CVX |
| 2022 | $78.5B | $246.3B | CVX |
| 2021 | $45.8B | $162.5B | CVX |
| 2020 | $18.8B | $94.7B | CVX |
CVX led in every year with figures for both. Market value: COP $174.5B, CVX $443.3B.
Stock leadership
COP is ahead now
Measured against the pair's own last 252 trading days.
COP leads CVX by 0.99 standard deviations: +3.9% over its usual price ratio. 3 lead switches in the last year.
| Price change | 3 mo | 6 mo | 12 mo |
|---|---|---|---|
| COP | +21.1% | +17.1% | +68.5% |
| CVX | +16.4% | +20.8% | +47.4% |
Relationship
Not a measured twin today
Only these tests can make a pair tradable on paper.
- Pass
- Aligned sessions: 2520 (needs >= 254)
- Pass
- Co-movement: daily return correlation, 252 sessions: 0.82 (needs >= 0.60)
- Fail
- Mean reversion: ADF t-statistic of the spread: -2.66 (needs <= -2.873 (5% critical value))
- Pass
- Speed: half-life of the spread, sessions: 13.26 (needs <= 63)
- Data
- Both stocks current
The twins over two years
Prices side by side, and the gap between them
COP ConocoPhillips CVX Chevron CorporationPrice index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
Spread z-score: COP relative to CVX, against the 252 sessions before each day. Above 0: COP ahead; below 0: CVX ahead. Lines at +/-2 (idea) and +/-4 (stop).
Data table (504 sessions)
| Date | COP index | CVX index | z | Ahead |
|---|---|---|---|---|
| 2026-10-22 | 137.82 | 150.37 | +0.99 | COP ahead |
| 2026-10-21 | 137.85 | 150.43 | +0.99 | COP ahead |
| 2026-10-20 | 138.12 | 149.72 | +1.16 | COP ahead |
| 2026-10-19 | 137.45 | 148.84 | +1.19 | COP ahead |
| 2026-10-16 | 138.65 | 149.25 | +1.35 | COP ahead |
| 2026-10-15 | 134.13 | 145.49 | +1.17 | COP ahead |
| 2026-10-14 | 134.70 | 147.29 | +0.97 | COP ahead |
| 2026-10-13 | 133.34 | 144.43 | +1.22 | COP ahead |
| 2026-10-12 | 130.18 | 142.62 | +0.94 | COP ahead |
| 2026-10-09 | 126.90 | 140.62 | +0.66 | COP ahead |
| 2026-10-08 | 126.99 | 140.33 | +0.73 | COP ahead |
| 2026-10-07 | 122.87 | 136.09 | +0.68 | COP ahead |
| 2026-10-06 | 122.41 | 137.70 | +0.29 | near the usual relationship |
| 2026-10-05 | 121.51 | 136.96 | +0.24 | near the usual relationship |
| 2026-10-02 | 119.95 | 137.11 | -0.11 | near the usual relationship |
| 2026-10-01 | 120.24 | 137.38 | -0.10 | near the usual relationship |
| 2026-09-30 | 118.43 | 135.46 | -0.12 | near the usual relationship |
| 2026-09-29 | 118.71 | 135.58 | -0.09 | near the usual relationship |
| 2026-09-28 | 119.28 | 136.90 | -0.21 | near the usual relationship |
| 2026-09-25 | 120.47 | 135.62 | +0.28 | near the usual relationship |
| 2026-09-24 | 122.40 | 136.42 | +0.54 | COP ahead |
| 2026-09-23 | 121.22 | 136.33 | +0.31 | near the usual relationship |
| 2026-09-22 | 118.55 | 134.27 | +0.14 | near the usual relationship |
| 2026-09-21 | 120.69 | 135.10 | +0.44 | near the usual relationship |
| 2026-09-18 | 124.76 | 138.98 | +0.57 | COP ahead |
| 2026-09-17 | 126.04 | 140.34 | +0.58 | COP ahead |
| 2026-09-16 | 125.43 | 140.33 | +0.47 | near the usual relationship |
| 2026-09-15 | 133.64 | 144.46 | +1.34 | COP ahead |
| 2026-09-14 | 129.34 | 140.74 | +1.18 | COP ahead |
| 2026-09-11 | 129.98 | 142.00 | +1.09 | COP ahead |
| 2026-09-10 | 129.69 | 141.13 | +1.20 | COP ahead |
| 2026-09-09 | 129.20 | 141.83 | +0.99 | COP ahead |
| 2026-09-08 | 127.79 | 139.17 | +1.20 | COP ahead |
| 2026-09-04 | 127.06 | 138.37 | +1.20 | COP ahead |
| 2026-09-03 | 128.44 | 140.18 | +1.16 | COP ahead |
| 2026-09-02 | 129.84 | 140.48 | +1.39 | COP ahead |
| 2026-09-01 | 128.88 | 140.00 | +1.30 | COP ahead |
| 2026-08-31 | 125.38 | 136.74 | +1.20 | COP ahead |
| 2026-08-28 | 123.36 | 133.90 | +1.33 | COP ahead |
| 2026-08-27 | 122.57 | 132.52 | +1.44 | COP ahead |
| 2026-08-26 | 123.60 | 132.81 | +1.62 | COP ahead |
| 2026-08-25 | 124.77 | 132.60 | +1.92 | COP ahead |
| 2026-08-24 | 126.19 | 134.72 | +1.82 | COP ahead |
| 2026-08-21 | 127.63 | 136.17 | +1.86 | COP ahead |
| 2026-08-20 | 127.65 | 136.50 | +1.82 | COP ahead |
| 2026-08-19 | 123.57 | 136.49 | +0.97 | COP ahead |
| 2026-08-18 | 122.76 | 136.48 | +0.80 | COP ahead |
| 2026-08-17 | 120.72 | 134.46 | +0.75 | COP ahead |
| 2026-08-14 | 119.98 | 132.67 | +0.95 | COP ahead |
| 2026-08-13 | 117.84 | 131.14 | +0.78 | COP ahead |
| 2026-08-12 | 120.47 | 130.41 | +1.53 | COP ahead |
| 2026-08-11 | 119.16 | 130.45 | +1.24 | COP ahead |
| 2026-08-10 | 116.43 | 129.29 | +0.87 | COP ahead |
| 2026-08-07 | 111.30 | 123.75 | +0.84 | COP ahead |
| 2026-08-06 | 110.49 | 125.53 | +0.26 | near the usual relationship |
| 2026-08-05 | 108.87 | 123.66 | +0.27 | near the usual relationship |
| 2026-08-04 | 111.61 | 126.30 | +0.37 | near the usual relationship |
| 2026-08-03 | 112.77 | 128.15 | +0.25 | near the usual relationship |
| 2026-07-31 | 114.02 | 130.57 | +0.04 | near the usual relationship |
| 2026-07-30 | 112.64 | 127.57 | +0.34 | near the usual relationship |
| 2026-07-29 | 111.73 | 127.27 | +0.18 | near the usual relationship |
| 2026-07-28 | 107.98 | 124.43 | -0.13 | near the usual relationship |
| 2026-07-27 | 109.38 | 126.04 | -0.13 | near the usual relationship |
| 2026-07-24 | 113.81 | 129.21 | +0.27 | near the usual relationship |
| 2026-07-23 | 113.75 | 128.97 | +0.31 | near the usual relationship |
| 2026-07-22 | 112.42 | 128.01 | +0.19 | near the usual relationship |
| 2026-07-21 | 111.20 | 126.75 | +0.17 | near the usual relationship |
| 2026-07-20 | 109.47 | 125.84 | -0.06 | near the usual relationship |
| 2026-07-17 | 108.55 | 124.30 | +0.04 | near the usual relationship |
| 2026-07-16 | 106.79 | 121.96 | +0.11 | near the usual relationship |
| 2026-07-15 | 105.48 | 120.46 | +0.11 | near the usual relationship |
| 2026-07-14 | 105.87 | 120.57 | +0.19 | near the usual relationship |
| 2026-07-13 | 106.79 | 120.86 | +0.36 | near the usual relationship |
| 2026-07-10 | 103.19 | 117.01 | +0.30 | near the usual relationship |
| 2026-07-09 | 102.22 | 115.46 | +0.41 | near the usual relationship |
| 2026-07-08 | 104.78 | 116.73 | +0.78 | COP ahead |
| 2026-07-07 | 102.62 | 115.43 | +0.52 | COP ahead |
| 2026-07-06 | 98.02 | 111.51 | +0.21 | near the usual relationship |
| 2026-07-02 | 99.11 | 112.24 | +0.33 | near the usual relationship |
| 2026-07-01 | 97.68 | 109.91 | +0.50 | COP ahead |
| 2026-06-30 | 98.38 | 109.96 | +0.68 | COP ahead |
| 2026-06-29 | 98.61 | 111.75 | +0.31 | near the usual relationship |
| 2026-06-26 | 100.27 | 113.47 | +0.35 | near the usual relationship |
| 2026-06-25 | 100.70 | 114.26 | +0.27 | near the usual relationship |
| 2026-06-24 | 101.18 | 113.73 | +0.52 | COP ahead |
| 2026-06-23 | 104.07 | 116.74 | +0.58 | COP ahead |
| 2026-06-22 | 103.81 | 116.13 | +0.65 | COP ahead |
| 2026-06-18 | 101.96 | 115.18 | +0.38 | near the usual relationship |
| 2026-06-17 | 105.24 | 117.80 | +0.62 | COP ahead |
| 2026-06-16 | 105.37 | 119.48 | +0.27 | near the usual relationship |
| 2026-06-15 | 106.24 | 119.67 | +0.43 | near the usual relationship |
| 2026-06-12 | 110.70 | 124.19 | +0.53 | COP ahead |
| 2026-06-11 | 109.17 | 123.26 | +0.36 | near the usual relationship |
| 2026-06-10 | 113.49 | 125.90 | +0.82 | COP ahead |
| 2026-06-09 | 110.52 | 123.89 | +0.55 | COP ahead |
| 2026-06-08 | 112.51 | 125.53 | +0.67 | COP ahead |
| 2026-06-05 | 110.85 | 124.25 | +0.56 | COP ahead |
| 2026-06-04 | 112.83 | 124.94 | +0.87 | COP ahead |
| 2026-06-03 | 112.66 | 125.84 | +0.65 | COP ahead |
| 2026-06-02 | 110.60 | 124.41 | +0.46 | near the usual relationship |
| 2026-06-01 | 109.38 | 123.27 | +0.42 | near the usual relationship |
| 2026-05-29 | 107.86 | 121.03 | +0.53 | COP ahead |
| 2026-05-28 | 108.82 | 121.41 | +0.68 | COP ahead |
| 2026-05-27 | 108.95 | 121.00 | +0.80 | COP ahead |
| 2026-05-26 | 110.32 | 122.53 | +0.79 | COP ahead |
| 2026-05-22 | 114.00 | 126.99 | +0.72 | COP ahead |
| 2026-05-21 | 114.08 | 126.71 | +0.78 | COP ahead |
| 2026-05-20 | 115.79 | 126.92 | +1.12 | COP ahead |
| 2026-05-19 | 118.40 | 130.85 | +0.90 | COP ahead |
| 2026-05-18 | 117.86 | 130.10 | +0.93 | COP ahead |
| 2026-05-15 | 115.84 | 126.77 | +1.14 | COP ahead |
| 2026-05-14 | 112.59 | 123.81 | +1.01 | COP ahead |
| 2026-05-13 | 111.10 | 123.38 | +0.75 | COP ahead |
| 2026-05-12 | 111.55 | 123.35 | +0.86 | COP ahead |
| 2026-05-11 | 109.35 | 122.55 | +0.52 | COP ahead |
| 2026-05-08 | 107.76 | 120.48 | +0.57 | COP ahead |
| 2026-05-07 | 108.72 | 121.06 | +0.67 | COP ahead |
| 2026-05-06 | 112.52 | 122.83 | +1.16 | COP ahead |
| 2026-05-05 | 116.70 | 127.79 | +1.08 | COP ahead |
| 2026-05-04 | 118.21 | 127.55 | +1.43 | COP ahead |
| 2026-05-01 | 116.58 | 126.45 | +1.30 | COP ahead |
| 2026-04-30 | 119.03 | 128.23 | +1.47 | COP ahead |
| 2026-04-29 | 121.37 | 127.51 | +2.08 | COP ahead |
| 2026-04-28 | 117.65 | 124.95 | +1.82 | COP ahead |
| 2026-04-27 | 115.15 | 122.57 | +1.76 | COP ahead |
| 2026-04-24 | 115.23 | 122.86 | +1.72 | COP ahead |
| 2026-04-23 | 117.70 | 124.44 | +1.93 | COP ahead |
| 2026-04-22 | 116.02 | 123.60 | +1.75 | COP ahead |
| 2026-04-21 | 113.81 | 123.37 | +1.32 | COP ahead |
| 2026-04-20 | 110.20 | 121.56 | +0.89 | COP ahead |
| 2026-04-17 | 109.81 | 122.05 | +0.70 | COP ahead |
| 2026-04-16 | 115.05 | 124.81 | +1.30 | COP ahead |
| 2026-04-15 | 112.54 | 122.66 | +1.19 | COP ahead |
| 2026-04-14 | 112.42 | 124.06 | +0.88 | COP ahead |
| 2026-04-13 | 116.99 | 127.22 | +1.25 | COP ahead |
| 2026-04-10 | 115.97 | 125.07 | +1.47 | COP ahead |
| 2026-04-09 | 116.84 | 126.28 | +1.43 | COP ahead |
| 2026-04-08 | 118.50 | 127.95 | +1.47 | COP ahead |
| 2026-04-07 | 124.70 | 133.69 | +1.66 | COP ahead |
| 2026-04-06 | 124.58 | 131.91 | +1.99 | COP ahead |
| 2026-04-02 | 123.52 | 131.99 | +1.77 | COP ahead |
| 2026-04-01 | 121.49 | 130.95 | +1.56 | COP ahead |
| 2026-03-31 | 124.92 | 137.25 | +1.08 | COP ahead |
| 2026-03-30 | 125.76 | 139.77 | +0.79 | COP ahead |
| 2026-03-27 | 126.62 | 140.07 | +0.91 | COP ahead |
| 2026-03-26 | 126.10 | 137.84 | +1.23 | COP ahead |
| 2026-03-25 | 122.01 | 136.09 | +0.71 | COP ahead |
| 2026-03-24 | 122.41 | 137.17 | +0.59 | COP ahead |
| 2026-03-23 | 120.37 | 136.13 | +0.35 | near the usual relationship |
| 2026-03-20 | 120.11 | 133.82 | +0.74 | COP ahead |
| 2026-03-19 | 119.26 | 133.63 | +0.59 | COP ahead |
| 2026-03-18 | 117.02 | 131.75 | +0.47 | near the usual relationship |
| 2026-03-17 | 116.28 | 131.32 | +0.39 | near the usual relationship |
| 2026-03-16 | 114.81 | 130.57 | +0.20 | near the usual relationship |
| 2026-03-13 | 115.35 | 130.56 | +0.32 | near the usual relationship |
| 2026-03-12 | 113.81 | 130.66 | -0.05 | near the usual relationship |
| 2026-03-11 | 110.75 | 127.22 | -0.06 | near the usual relationship |
| 2026-03-10 | 108.02 | 123.58 | +0.06 | near the usual relationship |
| 2026-03-09 | 110.75 | 125.67 | +0.27 | near the usual relationship |
| 2026-03-06 | 110.79 | 126.00 | +0.22 | near the usual relationship |
| 2026-03-05 | 110.55 | 125.97 | +0.17 | near the usual relationship |
| 2026-03-04 | 109.44 | 123.40 | +0.44 | near the usual relationship |
| 2026-03-03 | 112.16 | 125.22 | +0.69 | COP ahead |
| 2026-03-02 | 111.90 | 125.77 | +0.52 | COP ahead |
| 2026-02-27 | 107.37 | 123.89 | -0.15 | near the usual relationship |
| 2026-02-26 | 104.76 | 122.16 | -0.42 | near the usual relationship |
| 2026-02-25 | 104.11 | 122.20 | -0.59 | CVX ahead |
| 2026-02-24 | 104.66 | 122.95 | -0.62 | CVX ahead |
| 2026-02-23 | 103.98 | 122.66 | -0.73 | CVX ahead |
| 2026-02-20 | 104.60 | 122.01 | -0.45 | near the usual relationship |
| 2026-02-19 | 105.60 | 122.57 | -0.33 | near the usual relationship |
| 2026-02-18 | 104.59 | 121.97 | -0.45 | near the usual relationship |
| 2026-02-17 | 102.94 | 119.77 | -0.39 | near the usual relationship |
| 2026-02-13 | 105.45 | 121.88 | -0.23 | near the usual relationship |
| 2026-02-12 | 104.88 | 121.00 | -0.19 | near the usual relationship |
| 2026-02-11 | 105.24 | 123.26 | -0.58 | CVX ahead |
| 2026-02-10 | 101.73 | 120.90 | -0.95 | CVX ahead |
| 2026-02-09 | 102.87 | 121.13 | -0.72 | CVX ahead |
| 2026-02-06 | 101.85 | 119.97 | -0.74 | CVX ahead |
| 2026-02-05 | 99.35 | 118.89 | -1.14 | CVX ahead |
| 2026-02-04 | 101.82 | 120.22 | -0.81 | CVX ahead |
| 2026-02-03 | 99.28 | 118.10 | -1.00 | CVX ahead |
| 2026-02-02 | 96.33 | 115.44 | -1.20 | CVX ahead |
| 2026-01-30 | 98.64 | 117.35 | -1.02 | CVX ahead |
| 2026-01-29 | 97.28 | 113.56 | -0.56 | CVX ahead |
| 2026-01-28 | 95.95 | 112.72 | -0.73 | CVX ahead |
| 2026-01-27 | 94.51 | 112.14 | -0.98 | CVX ahead |
| 2026-01-26 | 93.17 | 111.11 | -1.11 | CVX ahead |
| 2026-01-23 | 93.07 | 110.59 | -1.02 | CVX ahead |
| 2026-01-22 | 91.68 | 110.55 | -1.39 | CVX ahead |
| 2026-01-21 | 91.94 | 110.60 | -1.34 | CVX ahead |
| 2026-01-20 | 90.39 | 109.65 | -1.55 | CVX ahead |
| 2026-01-16 | 92.92 | 110.29 | -1.04 | CVX ahead |
| 2026-01-15 | 93.62 | 110.22 | -0.85 | CVX ahead |
| 2026-01-14 | 94.96 | 110.94 | -0.67 | CVX ahead |
| 2026-01-13 | 91.28 | 108.70 | -1.13 | CVX ahead |
| 2026-01-12 | 90.38 | 107.69 | -1.15 | CVX ahead |
| 2026-01-09 | 92.28 | 107.54 | -0.64 | CVX ahead |
| 2026-01-08 | 93.42 | 105.64 | +0.05 | near the usual relationship |
| 2026-01-07 | 88.90 | 102.95 | -0.50 | CVX ahead |
| 2026-01-06 | 91.90 | 103.84 | +0.05 | near the usual relationship |
| 2026-01-05 | 93.88 | 108.69 | -0.51 | CVX ahead |
| 2026-01-02 | 91.51 | 103.42 | +0.03 | near the usual relationship |
| 2025-12-31 | 88.59 | 101.10 | -0.20 | near the usual relationship |
| 2025-12-30 | 89.05 | 101.03 | -0.08 | near the usual relationship |
| 2025-12-29 | 87.66 | 100.16 | -0.24 | near the usual relationship |
| 2025-12-26 | 86.63 | 99.52 | -0.36 | near the usual relationship |
| 2025-12-24 | 86.87 | 99.83 | -0.37 | near the usual relationship |
| 2025-12-23 | 87.75 | 99.84 | -0.17 | near the usual relationship |
| 2025-12-22 | 88.30 | 99.37 | +0.06 | near the usual relationship |
| 2025-12-19 | 87.01 | 98.01 | +0.04 | near the usual relationship |
| 2025-12-18 | 87.28 | 97.97 | +0.10 | near the usual relationship |
| 2025-12-17 | 89.86 | 99.18 | +0.46 | near the usual relationship |
| 2025-12-16 | 85.90 | 97.35 | -0.10 | near the usual relationship |
| 2025-12-15 | 89.30 | 99.37 | +0.27 | near the usual relationship |
| 2025-12-12 | 90.41 | 99.50 | +0.51 | COP ahead |
| 2025-12-11 | 91.52 | 99.98 | +0.66 | COP ahead |
| 2025-12-10 | 91.61 | 100.44 | +0.57 | COP ahead |
| 2025-12-09 | 88.42 | 98.50 | +0.24 | near the usual relationship |
| 2025-12-08 | 87.90 | 98.65 | +0.08 | near the usual relationship |
| 2025-12-05 | 88.66 | 99.50 | +0.08 | near the usual relationship |
| 2025-12-04 | 88.12 | 101.00 | -0.36 | near the usual relationship |
| 2025-12-03 | 86.88 | 100.56 | -0.57 | CVX ahead |
| 2025-12-02 | 84.50 | 99.67 | -0.96 | CVX ahead |
| 2025-12-01 | 85.42 | 101.19 | -1.06 | CVX ahead |
| 2025-11-28 | 83.93 | 100.25 | -1.24 | CVX ahead |
| 2025-11-26 | 82.42 | 99.18 | -1.40 | CVX ahead |
| 2025-11-25 | 81.97 | 98.53 | -1.38 | CVX ahead |
| 2025-11-24 | 82.86 | 99.34 | -1.33 | CVX ahead |
| 2025-11-21 | 82.68 | 99.49 | -1.41 | CVX ahead |
| 2025-11-20 | 82.78 | 99.71 | -1.44 | CVX ahead |
| 2025-11-19 | 83.26 | 100.63 | -1.51 | CVX ahead |
| 2025-11-18 | 84.87 | 101.90 | -1.39 | CVX ahead |
| 2025-11-17 | 83.96 | 102.70 | -1.76 | CVX ahead |
| 2025-11-14 | 86.47 | 104.56 | -1.54 | CVX ahead |
| 2025-11-13 | 84.62 | 103.20 | -1.71 | CVX ahead |
| 2025-11-12 | 84.29 | 101.70 | -1.51 | CVX ahead |
| 2025-11-11 | 85.82 | 103.64 | -1.53 | CVX ahead |
| 2025-11-10 | 83.50 | 103.25 | -1.99 | CVX ahead |
| 2025-11-07 | 82.17 | 102.83 | -2.23 | CVX ahead |
| 2025-11-06 | 81.06 | 101.45 | -2.25 | CVX ahead |
| 2025-11-05 | 82.99 | 101.27 | -1.78 | CVX ahead |
| 2025-11-04 | 83.19 | 101.75 | -1.83 | CVX ahead |
| 2025-11-03 | 83.82 | 102.18 | -1.78 | CVX ahead |
| 2025-10-31 | 84.09 | 104.62 | -2.19 | CVX ahead |
| 2025-10-30 | 83.41 | 101.84 | -1.85 | CVX ahead |
| 2025-10-29 | 83.35 | 102.89 | -2.08 | CVX ahead |
| 2025-10-28 | 82.13 | 102.24 | -2.26 | CVX ahead |
| 2025-10-27 | 83.93 | 103.00 | -2.01 | CVX ahead |
| 2025-10-24 | 83.31 | 103.19 | -2.21 | CVX ahead |
| 2025-10-23 | 85.25 | 103.85 | -1.91 | CVX ahead |
| 2025-10-22 | 82.72 | 103.20 | -2.39 | CVX ahead |
| 2025-10-21 | 81.77 | 102.02 | -2.42 | CVX ahead |
| 2025-10-20 | 82.39 | 102.47 | -2.39 | CVX ahead |
| 2025-10-17 | 81.84 | 101.55 | -2.37 | CVX ahead |
| 2025-10-16 | 82.25 | 100.64 | -2.11 | CVX ahead |
| 2025-10-15 | 83.03 | 100.90 | -1.98 | CVX ahead |
| 2025-10-14 | 83.44 | 101.09 | -1.93 | CVX ahead |
| 2025-10-13 | 84.02 | 100.79 | -1.74 | CVX ahead |
| 2025-10-10 | 82.94 | 98.77 | -1.60 | CVX ahead |
| 2025-10-09 | 87.02 | 100.59 | -1.05 | CVX ahead |
| 2025-10-08 | 88.72 | 101.98 | -0.94 | CVX ahead |
| 2025-10-07 | 90.12 | 102.76 | -0.80 | CVX ahead |
| 2025-10-06 | 89.82 | 102.17 | -0.76 | CVX ahead |
| 2025-10-03 | 89.11 | 101.86 | -0.85 | CVX ahead |
| 2025-10-02 | 88.37 | 101.74 | -0.99 | CVX ahead |
| 2025-10-01 | 90.34 | 102.54 | -0.75 | CVX ahead |
| 2025-09-30 | 89.51 | 103.01 | -0.99 | CVX ahead |
| 2025-09-29 | 90.71 | 103.55 | -0.86 | CVX ahead |
| 2025-09-26 | 93.20 | 106.24 | -0.84 | CVX ahead |
| 2025-09-25 | 91.62 | 106.61 | -1.19 | CVX ahead |
| 2025-09-24 | 90.50 | 105.59 | -1.24 | CVX ahead |
| 2025-09-23 | 88.45 | 104.42 | -1.43 | CVX ahead |
| 2025-09-22 | 87.07 | 103.52 | -1.55 | CVX ahead |
| 2025-09-19 | 86.99 | 103.62 | -1.59 | CVX ahead |
| 2025-09-18 | 88.46 | 105.37 | -1.60 | CVX ahead |
| 2025-09-17 | 88.79 | 106.20 | -1.67 | CVX ahead |
| 2025-09-16 | 89.47 | 105.83 | -1.50 | CVX ahead |
| 2025-09-15 | 87.38 | 104.35 | -1.67 | CVX ahead |
| 2025-09-12 | 87.47 | 104.22 | -1.64 | CVX ahead |
| 2025-09-11 | 89.08 | 104.98 | -1.47 | CVX ahead |
| 2025-09-10 | 89.26 | 104.67 | -1.39 | CVX ahead |
| 2025-09-09 | 86.93 | 102.72 | -1.52 | CVX ahead |
| 2025-09-08 | 86.50 | 102.16 | -1.52 | CVX ahead |
| 2025-09-05 | 87.96 | 101.93 | -1.23 | CVX ahead |
| 2025-09-04 | 90.63 | 104.60 | -1.17 | CVX ahead |
| 2025-09-03 | 89.57 | 104.85 | -1.39 | CVX ahead |
| 2025-09-02 | 93.68 | 107.35 | -1.07 | CVX ahead |
| 2025-08-29 | 93.66 | 106.53 | -0.96 | CVX ahead |
| 2025-08-28 | 93.17 | 105.68 | -0.93 | CVX ahead |
| 2025-08-27 | 92.65 | 105.63 | -1.01 | CVX ahead |
| 2025-08-26 | 91.84 | 104.38 | -0.97 | CVX ahead |
| 2025-08-25 | 92.91 | 104.94 | -0.88 | CVX ahead |
| 2025-08-22 | 91.59 | 104.93 | -1.10 | CVX ahead |
| 2025-08-21 | 89.69 | 103.18 | -1.16 | CVX ahead |
| 2025-08-20 | 89.80 | 101.64 | -0.94 | CVX ahead |
| 2025-08-19 | 88.73 | 100.83 | -1.00 | CVX ahead |
| 2025-08-18 | 88.96 | 103.03 | -1.28 | CVX ahead |
| 2025-08-15 | 90.21 | 103.85 | -1.20 | CVX ahead |
| 2025-08-14 | 90.52 | 102.93 | -1.03 | CVX ahead |
| 2025-08-13 | 90.74 | 103.40 | -1.07 | CVX ahead |
| 2025-08-12 | 89.51 | 102.45 | -1.14 | CVX ahead |
| 2025-08-11 | 88.51 | 101.79 | -1.21 | CVX ahead |
| 2025-08-08 | 88.87 | 102.83 | -1.31 | CVX ahead |
| 2025-08-07 | 87.63 | 101.60 | -1.34 | CVX ahead |
| 2025-08-06 | 88.11 | 101.35 | -1.24 | CVX ahead |
| 2025-08-05 | 88.20 | 101.52 | -1.27 | CVX ahead |
| 2025-08-04 | 87.87 | 100.19 | -1.14 | CVX ahead |
| 2025-08-01 | 87.78 | 100.43 | -1.20 | CVX ahead |
| 2025-07-31 | 90.22 | 100.59 | -0.85 | CVX ahead |
| 2025-07-30 | 91.48 | 101.86 | -0.83 | CVX ahead |
| 2025-07-29 | 92.73 | 104.17 | -0.96 | CVX ahead |
| 2025-07-28 | 91.81 | 103.67 | -1.05 | CVX ahead |
| 2025-07-25 | 89.86 | 102.71 | -1.23 | CVX ahead |
| 2025-07-24 | 90.49 | 103.37 | -1.23 | CVX ahead |
| 2025-07-23 | 89.94 | 101.57 | -1.08 | CVX ahead |
| 2025-07-22 | 87.99 | 99.53 | -1.11 | CVX ahead |
| 2025-07-21 | 86.12 | 99.29 | -1.39 | CVX ahead |
| 2025-07-18 | 86.72 | 99.53 | -1.33 | CVX ahead |
| 2025-07-17 | 87.83 | 100.42 | -1.29 | CVX ahead |
| 2025-07-16 | 86.60 | 99.45 | -1.36 | CVX ahead |
| 2025-07-15 | 87.58 | 99.96 | -1.29 | CVX ahead |
| 2025-07-14 | 89.12 | 100.60 | -1.14 | CVX ahead |
| 2025-07-11 | 90.48 | 103.02 | -1.27 | CVX ahead |
| 2025-07-10 | 90.25 | 102.27 | -1.22 | CVX ahead |
| 2025-07-09 | 89.46 | 101.51 | -1.24 | CVX ahead |
| 2025-07-08 | 90.65 | 101.65 | -1.09 | CVX ahead |
| 2025-07-07 | 87.58 | 97.78 | -1.03 | CVX ahead |
| 2025-07-03 | 88.65 | 98.42 | -0.96 | CVX ahead |
| 2025-07-02 | 89.37 | 98.16 | -0.82 | CVX ahead |
| 2025-07-01 | 87.05 | 96.56 | -0.96 | CVX ahead |
| 2025-06-30 | 84.92 | 94.99 | -1.09 | CVX ahead |
| 2025-06-27 | 85.33 | 95.38 | -1.09 | CVX ahead |
| 2025-06-26 | 86.01 | 95.81 | -1.05 | CVX ahead |
| 2025-06-25 | 84.22 | 95.01 | -1.24 | CVX ahead |
| 2025-06-24 | 84.59 | 95.22 | -1.22 | CVX ahead |
| 2025-06-23 | 86.79 | 97.42 | -1.19 | CVX ahead |
| 2025-06-20 | 89.61 | 99.20 | -1.00 | CVX ahead |
| 2025-06-18 | 88.77 | 98.30 | -1.01 | CVX ahead |
| 2025-06-17 | 90.38 | 98.74 | -0.82 | CVX ahead |
| 2025-06-16 | 89.90 | 96.87 | -0.63 | CVX ahead |
| 2025-06-13 | 91.76 | 96.79 | -0.34 | near the usual relationship |
| 2025-06-12 | 89.61 | 96.17 | -0.59 | CVX ahead |
| 2025-06-11 | 88.34 | 96.04 | -0.77 | CVX ahead |
| 2025-06-10 | 86.29 | 95.09 | -0.97 | CVX ahead |
| 2025-06-09 | 83.32 | 93.37 | -1.22 | CVX ahead |
| 2025-06-06 | 82.54 | 93.01 | -1.31 | CVX ahead |
| 2025-06-05 | 80.77 | 90.81 | -1.29 | CVX ahead |
| 2025-06-04 | 81.34 | 91.12 | -1.25 | CVX ahead |
| 2025-06-03 | 83.19 | 92.57 | -1.16 | CVX ahead |
| 2025-06-02 | 82.07 | 91.44 | -1.19 | CVX ahead |
| 2025-05-30 | 80.77 | 90.68 | -1.31 | CVX ahead |
| 2025-05-29 | 81.01 | 91.48 | -1.41 | CVX ahead |
| 2025-05-28 | 80.04 | 90.23 | -1.39 | CVX ahead |
| 2025-05-27 | 80.96 | 91.43 | -1.43 | CVX ahead |
| 2025-05-23 | 80.62 | 90.57 | -1.37 | CVX ahead |
| 2025-05-22 | 81.51 | 89.74 | -1.08 | CVX ahead |
| 2025-05-21 | 82.47 | 89.92 | -0.95 | CVX ahead |
| 2025-05-20 | 84.88 | 91.06 | -0.73 | CVX ahead |
| 2025-05-19 | 85.56 | 91.87 | -0.74 | CVX ahead |
| 2025-05-16 | 87.47 | 94.26 | -0.80 | CVX ahead |
| 2025-05-15 | 87.97 | 94.37 | -0.74 | CVX ahead |
| 2025-05-14 | 87.60 | 93.98 | -0.75 | CVX ahead |
| 2025-05-13 | 89.12 | 94.43 | -0.58 | CVX ahead |
| 2025-05-12 | 87.32 | 93.94 | -0.80 | CVX ahead |
| 2025-05-09 | 83.84 | 91.87 | -1.07 | CVX ahead |
| 2025-05-08 | 84.05 | 90.91 | -0.89 | CVX ahead |
| 2025-05-07 | 83.00 | 90.08 | -0.95 | CVX ahead |
| 2025-05-06 | 82.93 | 89.95 | -0.95 | CVX ahead |
| 2025-05-05 | 82.91 | 89.88 | -0.95 | CVX ahead |
| 2025-05-02 | 86.51 | 91.87 | -0.67 | CVX ahead |
| 2025-05-01 | 85.79 | 90.39 | -0.56 | CVX ahead |
| 2025-04-30 | 84.34 | 90.26 | -0.78 | CVX ahead |
| 2025-04-29 | 86.95 | 92.40 | -0.69 | CVX ahead |
| 2025-04-28 | 87.94 | 92.94 | -0.62 | CVX ahead |
| 2025-04-25 | 86.80 | 92.03 | -0.67 | CVX ahead |
| 2025-04-24 | 86.87 | 92.25 | -0.70 | CVX ahead |
| 2025-04-23 | 85.10 | 90.67 | -0.75 | CVX ahead |
| 2025-04-22 | 84.94 | 91.08 | -0.84 | CVX ahead |
| 2025-04-21 | 82.85 | 88.71 | -0.83 | CVX ahead |
| 2025-04-17 | 84.21 | 91.46 | -1.02 | CVX ahead |
| 2025-04-16 | 81.73 | 89.79 | -1.18 | CVX ahead |
| 2025-04-15 | 81.12 | 89.25 | -1.20 | CVX ahead |
| 2025-04-14 | 81.81 | 89.76 | -1.17 | CVX ahead |
| 2025-04-11 | 81.75 | 89.97 | -1.22 | CVX ahead |
| 2025-04-10 | 78.82 | 89.54 | -1.63 | CVX ahead |
| 2025-04-09 | 86.60 | 96.87 | -1.45 | CVX ahead |
| 2025-04-08 | 78.22 | 90.83 | -1.93 | CVX ahead |
| 2025-04-07 | 81.07 | 92.97 | -1.79 | CVX ahead |
| 2025-04-04 | 81.66 | 95.04 | -1.99 | CVX ahead |
| 2025-04-03 | 90.14 | 103.56 | -1.84 | CVX ahead |
| 2025-04-02 | 100.41 | 110.43 | -1.30 | CVX ahead |
| 2025-04-01 | 99.74 | 111.78 | -1.55 | CVX ahead |
| 2025-03-31 | 99.38 | 110.97 | -1.51 | CVX ahead |
| 2025-03-28 | 96.88 | 110.18 | -1.76 | CVX ahead |
| 2025-03-27 | 97.30 | 110.55 | -1.76 | CVX ahead |
| 2025-03-26 | 97.66 | 111.42 | -1.83 | CVX ahead |
| 2025-03-25 | 97.05 | 110.08 | -1.77 | CVX ahead |
| 2025-03-24 | 96.71 | 109.47 | -1.76 | CVX ahead |
| 2025-03-21 | 96.45 | 109.29 | -1.79 | CVX ahead |
| 2025-03-20 | 96.82 | 109.30 | -1.76 | CVX ahead |
| 2025-03-19 | 95.89 | 108.82 | -1.85 | CVX ahead |
| 2025-03-18 | 95.14 | 106.67 | -1.71 | CVX ahead |
| 2025-03-17 | 94.03 | 105.29 | -1.71 | CVX ahead |
| 2025-03-14 | 93.64 | 104.16 | -1.64 | CVX ahead |
| 2025-03-13 | 91.03 | 101.90 | -1.74 | CVX ahead |
| 2025-03-12 | 92.50 | 101.27 | -1.47 | CVX ahead |
| 2025-03-11 | 90.29 | 102.21 | -1.93 | CVX ahead |
| 2025-03-10 | 87.92 | 104.52 | -2.62 | CVX ahead |
| 2025-03-07 | 85.77 | 103.71 | -2.91 | CVX ahead |
| 2025-03-06 | 83.85 | 101.46 | -2.98 | CVX ahead |
| 2025-03-05 | 84.11 | 100.04 | -2.80 | CVX ahead |
| 2025-03-04 | 85.78 | 100.83 | -2.68 | CVX ahead |
| 2025-03-03 | 87.66 | 101.55 | -2.52 | CVX ahead |
| 2025-02-28 | 93.83 | 105.22 | -2.07 | CVX ahead |
| 2025-02-27 | 92.15 | 103.93 | -2.19 | CVX ahead |
| 2025-02-26 | 90.97 | 102.91 | -2.26 | CVX ahead |
| 2025-02-25 | 91.87 | 103.76 | -2.27 | CVX ahead |
| 2025-02-24 | 93.52 | 104.74 | -2.17 | CVX ahead |
| 2025-02-21 | 92.68 | 104.09 | -2.24 | CVX ahead |
| 2025-02-20 | 96.53 | 105.33 | -1.82 | CVX ahead |
| 2025-02-19 | 94.23 | 104.30 | -2.07 | CVX ahead |
| 2025-02-18 | 92.22 | 103.59 | -2.33 | CVX ahead |
| 2025-02-14 | 91.09 | 103.04 | -2.48 | CVX ahead |
| 2025-02-13 | 91.70 | 103.40 | -2.47 | CVX ahead |
| 2025-02-12 | 93.12 | 102.75 | -2.15 | CVX ahead |
| 2025-02-11 | 96.25 | 104.44 | -1.90 | CVX ahead |
| 2025-02-10 | 94.14 | 103.33 | -2.11 | CVX ahead |
| 2025-02-07 | 93.08 | 101.24 | -1.99 | CVX ahead |
| 2025-02-06 | 94.58 | 100.76 | -1.66 | CVX ahead |
| 2025-02-05 | 94.83 | 101.49 | -1.75 | CVX ahead |
| 2025-02-04 | 95.18 | 101.64 | -1.73 | CVX ahead |
| 2025-02-03 | 93.20 | 99.06 | -1.67 | CVX ahead |
| 2025-01-31 | 93.53 | 98.97 | -1.61 | CVX ahead |
| 2025-01-30 | 96.02 | 103.69 | -1.98 | CVX ahead |
| 2025-01-29 | 96.11 | 103.28 | -1.92 | CVX ahead |
| 2025-01-28 | 95.94 | 103.62 | -2.03 | CVX ahead |
| 2025-01-27 | 97.18 | 104.30 | -1.95 | CVX ahead |
| 2025-01-24 | 96.37 | 103.25 | -1.94 | CVX ahead |
| 2025-01-23 | 98.41 | 103.49 | -1.63 | CVX ahead |
| 2025-01-22 | 97.53 | 103.75 | -1.85 | CVX ahead |
| 2025-01-21 | 98.68 | 104.97 | -1.87 | CVX ahead |
| 2025-01-17 | 100.17 | 107.11 | -1.99 | CVX ahead |
| 2025-01-16 | 99.94 | 105.72 | -1.81 | CVX ahead |
| 2025-01-15 | 99.82 | 105.03 | -1.74 | CVX ahead |
| 2025-01-14 | 99.25 | 104.08 | -1.69 | CVX ahead |
| 2025-01-13 | 98.64 | 103.05 | -1.64 | CVX ahead |
| 2025-01-10 | 96.45 | 101.59 | -1.81 | CVX ahead |
| 2025-01-08 | 96.17 | 99.70 | -1.53 | CVX ahead |
| 2025-01-07 | 96.21 | 99.23 | -1.45 | CVX ahead |
| 2025-01-06 | 94.62 | 97.68 | -1.48 | CVX ahead |
| 2025-01-03 | 95.67 | 98.08 | -1.36 | CVX ahead |
| 2025-01-02 | 94.71 | 97.32 | -1.41 | CVX ahead |
| 2024-12-31 | 93.85 | 96.08 | -1.36 | CVX ahead |
| 2024-12-30 | 91.88 | 94.91 | -1.54 | CVX ahead |
| 2024-12-27 | 91.72 | 95.52 | -1.71 | CVX ahead |
| 2024-12-26 | 91.69 | 95.51 | -1.73 | CVX ahead |
| 2024-12-24 | 91.90 | 95.42 | -1.68 | CVX ahead |
| 2024-12-23 | 91.21 | 94.84 | -1.73 | CVX ahead |
| 2024-12-20 | 90.02 | 94.76 | -1.99 | CVX ahead |
| 2024-12-19 | 90.07 | 93.63 | -1.76 | CVX ahead |
| 2024-12-18 | 90.71 | 95.58 | -2.05 | CVX ahead |
| 2024-12-17 | 92.99 | 98.25 | -2.13 | CVX ahead |
| 2024-12-16 | 94.23 | 99.08 | -2.06 | CVX ahead |
| 2024-12-13 | 95.60 | 102.07 | -2.40 | CVX ahead |
| 2024-12-12 | 95.50 | 102.63 | -2.57 | CVX ahead |
| 2024-12-11 | 96.71 | 103.62 | -2.55 | CVX ahead |
| 2024-12-10 | 96.87 | 104.15 | -2.67 | CVX ahead |
| 2024-12-09 | 97.62 | 104.20 | -2.56 | CVX ahead |
| 2024-12-06 | 97.68 | 102.98 | -2.34 | CVX ahead |
| 2024-12-05 | 98.84 | 105.69 | -2.68 | CVX ahead |
| 2024-12-04 | 97.96 | 105.02 | -2.78 | CVX ahead |
| 2024-12-03 | 100.36 | 107.41 | -2.79 | CVX ahead |
| 2024-12-02 | 100.44 | 107.60 | -2.86 | CVX ahead |
| 2024-11-29 | 102.53 | 107.42 | -2.41 | CVX ahead |
| 2024-11-27 | 101.63 | 107.54 | -2.67 | CVX ahead |
| 2024-11-26 | 101.05 | 107.81 | -2.91 | CVX ahead |
| 2024-11-25 | 100.41 | 106.37 | -2.80 | CVX ahead |
| 2024-11-22 | 105.75 | 107.70 | -1.92 | CVX ahead |
| 2024-11-21 | 105.90 | 107.22 | -1.80 | CVX ahead |
| 2024-11-20 | 107.34 | 107.02 | -1.46 | CVX ahead |
| 2024-11-19 | 107.02 | 105.87 | -1.29 | CVX ahead |
| 2024-11-18 | 107.66 | 106.64 | -1.33 | CVX ahead |
| 2024-11-15 | 106.29 | 107.08 | -1.73 | CVX ahead |
| 2024-11-14 | 106.86 | 107.33 | -1.68 | CVX ahead |
| 2024-11-13 | 105.82 | 105.29 | -1.47 | CVX ahead |
| 2024-11-12 | 104.70 | 103.01 | -1.22 | CVX ahead |
| 2024-11-11 | 106.04 | 103.81 | -1.12 | CVX ahead |
| 2024-11-08 | 105.60 | 104.10 | -1.29 | CVX ahead |
| 2024-11-07 | 106.37 | 103.99 | -1.11 | CVX ahead |
| 2024-11-06 | 107.53 | 104.62 | -1.00 | CVX ahead |
| 2024-11-05 | 103.35 | 101.76 | -1.28 | CVX ahead |
| 2024-11-04 | 103.02 | 102.14 | -1.45 | CVX ahead |
| 2024-11-01 | 102.05 | 101.54 | -1.54 | CVX ahead |
| 2024-10-31 | 103.66 | 98.72 | -0.55 | CVX ahead |
| 2024-10-30 | 97.45 | 98.21 | -1.85 | CVX ahead |
| 2024-10-29 | 96.83 | 98.52 | -2.08 | CVX ahead |
| 2024-10-28 | 97.72 | 99.86 | -2.21 | CVX ahead |
| 2024-10-25 | 98.95 | 100.04 | -1.99 | CVX ahead |
| 2024-10-24 | 98.77 | 99.80 | -2.00 | CVX ahead |
| 2024-10-23 | 98.90 | 99.82 | -2.00 | CVX ahead |
| 2024-10-22 | 99.37 | 100.11 | -1.98 | CVX ahead |
| 2024-10-21 | 99.36 | 100.09 | -2.00 | CVX ahead |
| 2024-10-18 | 100.00 | 100.00 | -1.84 | CVX ahead |
One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 31, 2024 (COP +6.4%, CVX +0.5%); Nov 1, 2024 (COP -1.6%, CVX +2.9%); Nov 25, 2024 (COP -5.1%, CVX -1.2%); Mar 11, 2025 (COP +2.7%, CVX -2.2%). Upcoming earnings: CVX Oct 30, 2026 (pre-market); COP Nov 5, 2026 (pre-market).
Paired trades
The shared paper book and the replay, kept apart
Forward paper record
No paper position on this pair yet.
Historical simulation (a diagnostic, same rules)
1 simulated trade to Oct 20, 2026: -17.12% per trade on average after costs, 0 won.
| Legs | Entered | Exited | Why | Days | Before costs | Costs + borrow | After costs |
|---|---|---|---|---|---|---|---|
| Long CVX · Short COP | Feb 17, 2021 | Sep 16, 2021 | divergence stop | 211 | -$1,746.67 | -$65.57 | -$1,712.25 (-17.12%) |
Per $10,000 a leg. A replay on today's companies cannot prove an edge.
The companies
COP and CVX at a glance
COP ConocoPhillips
- Listing
- NYSE · SEC CIK 1163165
- Industry
- Integrated oil Companies · SIC 2911 Petroleum Refining
- Market value
- $174.5B
- Price history
- 2,520 daily closes, Oct 12, 2016 to Oct 22, 2026
CVX Chevron Corporation
- Listing
- NYSE · SEC CIK 93410
- Industry
- Integrated oil Companies · SIC 2911 Petroleum Refining
- Market value
- $443.3B
- Price history
- 2,521 daily closes, Oct 12, 2016 to Oct 22, 2026
Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.
Related
All pairs →Other rivals of COP and CVX
Follow the research behind the paper book
Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.
Explore the private betaPaper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.
