ConocoPhillips vs Consolidated Edison, Inc. — how do they compare? ConocoPhillips trades at $112 (market cap $137.48B), while Consolidated Edison, Inc. trades at $111.89 (market cap $41.21B). The key difference: ConocoPhillips is far larger — about 3.3× Consolidated Edison, Inc.'s market cap, and Consolidated Edison, Inc. pays the higher dividend (3.11%). Which is the better fit depends on your goals.
| COP | ED | |
|---|---|---|
Market Cap | $137.48B | $41.21B |
Sector | Energy | Utilities |
52-Week High | $133.80 | $115.46 |
52-Week Low | $85.66 | $95.37 |
Enterprise Value | $154.45B | $68.24B |
Dividend Yield | 2.98% | 3.11% |
Trailing returns across standard periods
ConocoPhillips is a U.S.-based independent exploration and production firm. In 2021, it produced 1.0 million barrels per day of oil and natural gas liquids and 3.2 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2021 were 6.1 billion barrels of oil equivalent.
Read more on COP →Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →