Key Takeaways ConocoPhillips relies on shale synergies while ExxonMobil leverages Permian and Guyana assets.XOM offers decades of production potential and a long record of consistent dividend hikes.COP faces dividend volatility, while XOM shows lower debt and stronger valuation premiums.ExxonMobil Corporation (XOM) and ConocoPhillips (COP) are two energy giants. While XOM has an integrated business model, COP is mainly focused on upstream activities. The price performance of both stocks does not reflect str ...