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STOCK COMPARISON

ConocoPhillips vs High Peak Royalties: Fair Value & Quality

Both stocks run through our valuation models. Here is how ConocoPhillips (COP) and High Peak Royalties (HPR) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees ConocoPhillips as the less overvalued of the two: ConocoPhillips trades at $129 versus a fair value of $90.15 (-30%), while High Peak Royalties trades at A$0.10 versus A$0.03 (-66%).
ConocoPhillips
COP · USD · Energy
-30%
upside to fair value
overvalued
Price$129
Fair Value$90.15
Quality58/100
High Peak Royalties
HPR.AU · AUD · Energy
-66%
upside to fair value
overvalued
PriceA$0.10
Fair ValueA$0.03
Quality60/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

ConocoPhillipsHigh Peak Royalties
Valuation
21.7×P/E (TTM)9.6×
21.0×P/E ex one-offs (FY2025)n/a
2.73×P/S (TTM)15.13×
2.51×P/B1.60×
7.6×EV/EBITDAn/a
0.94×PEGn/a
−30.3%Fair value upside−66.0%
2.5%Dividend yieldn/a
$3.24Dividend per sharen/a
Profitability
22%Operating margin-107%
11%Return on equity14%
6%Return on assets-3%
Growth
-5%Revenue growth (YoY)-27%
-9.3%Avg. growth/yr (3Y)0.2%
25.6%Avg. growth/yr (5Y)11.7%
+3.7%Value creation/yrn/a
Balance & size
9.3×Interest coverage (EBIT/interest)3.6×
0.34×Debt / equityn/a
$162BMarket cap$14M
weakGrowth qualitymixed
The P/E excluding one-off items is only shown where the special items are documented in the accounts (our own raw data or SEC filings). If one side lacks it, the reported P/E stays scored.

ConocoPhillips leads: 6 to 4 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

ConocoPhillipsof which business quality 61 · market factors 75 High Peak Royaltiesof which business quality 57 · market factors 81
ProfitabilityMargins and returns on capital today
42
4
Quality GrowthAre margins and returns improving?
31
24
CashflowEarnings quality: real cash, not paper profit
96
88
Fin. StrengthBalance sheet, leverage, solvency risk
69
64
InvestmentDisciplined investing over empire-building
62
100
Low VolatilityCalm price path (market factor)
82
62
MomentumPrice trend over the last 3–12 months (market factor)
67
84
52W MomentumDistance to the 52-week high (market factor)
80
99
Net IssuanceShare count: buybacks or dilution?
54
78

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyConocoPhillipsPrice $129High Peak RoyaltiesPrice A$0.10
DCF Models+8%close to the price$140-69%below the priceA$0.03
Earnings-Based-67%below the price$42.34n/a
Dividend Discount-57%below the price$54.97n/a
Multiples-33%below the price$86.74-90%below the priceA$0.01
Asset-Based-73%below the price$35.46-69%below the priceA$0.03
Growth DCF+23%above the price$159-69%below the priceA$0.03
Economic Profit-58%below the price$54.19n/a
Growth Earnings-37%below the price$81.65n/a
Minimum-73%below the price$35.46-90%below the priceA$0.01
Maximum+23%above the price$159-69%below the priceA$0.03
Median-47%below the price$68.31-69%below the priceA$0.03
Geometric mean-44%below the price$71.81-76%below the priceA$0.02

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

ConocoPhillips: 20 of 26 models see the stock below the current price.

High Peak Royalties: 10 of 10 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

ConocoPhillips
Price $129
Fair Value $90.15
Bear $67.61Bull $131
High Peak Royalties
Price A$0.10
Fair Value A$0.03
Bear A$0.02Bull A$0.03

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

ConocoPhillips · Energy

Quality score58 · above median
Fair value upside-30% · below median

High Peak Royalties · Energy

Quality score60 · Top 25%
Fair value upside-66% · bottom 25%

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees ConocoPhillips as the less overvalued of the two: ConocoPhillips trades at $129 versus a fair value of $90.15 (-30%), while High Peak Royalties trades at A$0.10 versus A$0.03 (-66%).

High Peak Royalties has the higher quality score (60/100).

Open ConocoPhillips live analysis →

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.