What's the top 5 oil company pe ratios

**Quick take 🛢️📊**
Among publicly-traded, large-cap oil & gas companies, the five biggest by market value right now are Exxon Mobil, Chevron, Shell, TotalEnergies and ConocoPhillips. Their current trailing P/E ratios cluster in the low- to mid-teens—well below the S&P 500’s ~20× earnings—signaling that the market still discounts the sector’s cyclicality even after a strong run-up. Here are the numbers:

| Rank | Ticker | Company | Market-Cap (USD) | P/E (TTM) |
|-----:|:------:|:----------------------|--------------:|-----------:|
| 1 | XOM | Exxon Mobil | $489 B | **15.8×** |
| 2 | CVX | Chevron | $269 B | **19.6×** |
| 3 | SHEL | Shell | $220 B | **16.2×** |
| 4 | TTE | TotalEnergies | $137 B | **10.7×** |
| 5 | COP | ConocoPhillips | $109 B | **11.9×** |

**How to read this**

1. A P/E below the market average often hints at less-rosy growth expectations or higher perceived risk.
2. Integrated majors (XOM, CVX, SHEL, TTE) carry more downstream & trading earnings, which steadies cash flow and typically supports slightly higher P/Es than pure upstream names.
3. ConocoPhillips, primarily an upstream producer, trades at a discount despite a similar earnings boom—investors price in greater commodity sensitivity.

**What it means for you**

• If you’re hunting for value, TotalEnergies and ConocoPhillips screen cheapest on earnings.
• For defensive energy exposure with higher dividends, Exxon and Chevron remain the go-to but at a small premium.
• Always pair P/E with cash-flow metrics (EV/EBITDA, free-cash-flow yield) to see through accounting quirks—particularly in commodity sectors where non-cash impairments and inventory effects distort net income.

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Before we go deeper—such as comparing dividend sustainability or drilling into EV/EBITDA—could you share your typical investment horizon (short-term trade vs. multi-year hold) so I can tailor the analysis to your timeframe? ⏳🙂