Conocophillips (COP) Acquisitions (2021 - 2024)
Conocophillips' (COP) quarterly Acquisitions came in at $73.0 million in Q4 2024, down 97.32% year-over-year from $2.7 billion in Q1 2024, and up 248.98% quarter-over-quarter from -$49.0 million in Q1 2024.
Analysis
Conocophillips (COP) Acquisitions (2021 - 2024) Analysis & Trends
Conocophillips (COP) has reported Acquisitions for 4 consecutive years, with $73.0 million the latest figure, recorded 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 was $73.0 million for Q4 2024 at Conocophillips, up from -$49.0 million in the prior quarter.
- Over five years, Acquisitions peaked at $8.7 billion in Q4 2021 and troughed at -$382.0 million in Q1 2021.
- A 4-year average of $1.6 billion and a median of $73.0 million in 2024 frame the typical range for Acquisitions.
- Across the five-year window, Acquisitions tumbled 98.88% in 2022 and soared 2708.25% in 2023, its largest moves.
- Over 4 years, Acquisitions stood at $8.7 billion in 2021, then plunged by 98.88% to $97.0 million in 2022, then soared by 2708.25% to $2.7 billion in 2023, then plunged by 97.32% to $73.0 million in 2024.
- The last three Acquisitions figures came in at $73.0 million (Q4 2024), -$49.0 million (Q1 2024), and $2.7 billion (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | - |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | - |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | - |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | 8.89 Mn |
Historic Data
Download Data
Historic 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 |
| Mar 31, 2021 | -382.00 Mn |