Conocophillips (COP) Acquisitions (2021 - 2024)
Conocophillips' (COP) quarterly Acquisitions came in at $73.0 million in Q4 2024, down 97.32% year-on-year from $2.7 billion in Q1 2024, and up 248.98% on a QoQ basis from -$49.0 million in Q1 2024.
Conocophillips (COP) Acquisitions (2021 - 2024) Analysis & Trends
Conocophillips (COP) has 4 years of Acquisitions data on file, last reported at $73.0 million in Q4 2024.
- On a quarterly basis, Acquisitions fell 97.32% year-over-year to $73.0 million in Q4 2024; TTM through Sep 2025 was $73.0 million, a 97.27% decrease from a year earlier, with the FY2024 full-year figure at $24.0 million, down 99.12% from the prior year.
- Acquisitions for Q4 2024 stood at $73.0 million, up from -$49.0 million in the prior quarter.
- Over the last five years, Acquisitions for COP reached as high as $8.7 billion in Q4 2021 and fell as low as -$764.0 million in Q2 2021.
- Historically, Acquisitions has averaged $1.4 billion across 4 years, with a median of $85.0 million in 2022.
- Across the five-year window, Acquisitions slumped 109.69% in 2022 and surged 2708.25% in 2023, its largest moves.
- Year by year, Acquisitions stood at $8.7 billion in 2021, then plunged by 98.88% to $97.0 million in 2022, then jumped by 2708.25% to $2.7 billion in 2023, then plunged by 97.32% to $73.0 million in 2024.
- Per Business Quant data, the three most recent Acquisitions figures were $73.0 million in Q4 2024, -$49.0 million in Q1 2024, and $2.7 billion in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | - |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | - |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | - |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | - |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | - |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 73.00 Mn |
| Mar 31, 2024 | -49.00 Mn |
| Dec 31, 2023 | 2.72 Bn |
| Dec 31, 2022 | 97.00 Mn |
| Mar 31, 2022 | -37.00 Mn |
| Dec 31, 2021 | 8.67 Bn |
| Jun 30, 2021 | -764.00 Mn |
| Mar 31, 2021 | 382.00 Mn |