Chevron vs ExxonMobil (CVX vs XOM)
Chevron (CVX) vs ExxonMobil (XOM) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Chevron (CVX) and ExxonMobil (XOM) compete in oil and gas. Here are Chevron and ExxonMobil side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Chevron or ExxonMobil.
Chevron vs ExxonMobil: the figures
| Figure | Chevron | ExxonMobil |
|---|---|---|
| Share price | $216.96 (November 4, 2026) | $169.27 (November 4, 2026) |
| Market cap | $423.3 billion | $690.5 billion |
| P/E (TTM) | 15.9x | 17.4x |
| Forward P/E | 13.3x | 14.1x |
| Revenue growth (quarter) | +34.8% | +32.6% |
| Net margin (TTM) | 11.9% | 10.5% |
| Net debt / EBITDA | 0.5x | 0.3x |
| Dividend yield | 3.16% | 2.41% |
| Beta | 0.45 | 0.14 |
Chevron and ExxonMobil figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Chevron or ExxonMobil figure is not available, and we never estimate it.
3 key differences between Chevron and ExxonMobil
- Volatility: Chevron stock moves more (beta 0.45) than ExxonMobil (beta 0.14); the higher the beta, the more it amplifies market swings.
- Dividend: Chevron yields 3.16% at today's price and ExxonMobil yields 2.41%.
- Valuation: ExxonMobil trades at 17.4x its annual earnings and Chevron at 15.9x; the market pays more for each dollar of ExxonMobil profit, usually because it expects more growth.
Chevron or ExxonMobil: which fits your profile
- If you want growth: Chevron is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Chevron pays the higher dividend relative to its price.
- If you prefer caution: ExxonMobil has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Chevron trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Chevron nor ExxonMobil wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Chevron and ExxonMobil make money
Chevron (CVX)
Chevron reports two segments. Upstream, its main profit engine, produces oil and gas in the U.S., where the Permian Basin is central, as well as Australia, Kazakhstan and Guyana, the latter added through the Hess deal. Downstream refines crude and sells fuel at Chevron and Texaco stations, plus lubricants and chemicals. Full Chevron analysis.
ExxonMobil (XOM)
Exxon Mobil reports four segments. Upstream, its biggest profit driver, produces oil and gas in the Permian Basin, Guyana and other countries. Energy Products refines crude and sells fuel under the Exxon, Mobil and Esso brands. Chemical Products makes plastics and chemicals, and Specialty Products sells Mobil lubricants and other specialty items. Full ExxonMobil analysis.
Frequently asked questions: Chevron vs ExxonMobil
Is Chevron or ExxonMobil the better stock?
Choosing between Chevron and ExxonMobil depends on what you are looking for. Chevron is growing faster right now, and Chevron trades on the lower P/E. Fintols does not tell you whether to buy Chevron or ExxonMobil: it shows you the differences so you can decide.
Which pays a higher dividend, Chevron or ExxonMobil?
As of November 4, 2026, Chevron yields 3.16% and ExxonMobil yields 2.41%. Also check how much of their profit Chevron and ExxonMobil pay out: if it is more than they earn, it cannot last.
Which is more expensive, Chevron or ExxonMobil?
On P/E, ExxonMobil (17.4x) is more expensive than Chevron (15.9x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Chevron and ExxonMobil?
Yes. Many people spread their money across several companies, such as Chevron and ExxonMobil, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Chevron or ExxonMobil.
More comparisons with Chevron or ExxonMobil
- ConocoPhillips vs Chevron
- Chevron vs Occidental
- ConocoPhillips vs ExxonMobil
- Occidental vs ExxonMobil
More companies like Chevron and ExxonMobil: oil and gas stocks. Educational content about Chevron and ExxonMobil, not investment advice.