Conocophillips (COP) Acquisitions (2021 - 2024)
Conocophillips (COP) recorded quarterly Acquisitions of $73.0 million in Q4 2024, up 248.98% quarter-over-quarter from -$49.0 million in Q1 2024, and down 97.32% on a YoY basis from $2.7 billion in Q1 2024.
Conocophillips (COP) Acquisitions (2021 - 2024) Analysis & Trends
Conocophillips' Acquisitions history runs 4 years deep, the most recent figure standing at $73.0 million for Q4 2024.
- In Q4 2024, Acquisitions fell 97.32% year-over-year to $73.0 million; the TTM figure through Sep 2025 stood at $73.0 million (down 97.27% YoY), while the FY2024 annual figure was $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.
- In the past five years, Acquisitions ranged from a high of $8.7 billion in Q4 2021 to a low of -$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.
- The sharpest annual moves came in 2022 and 2023: Acquisitions sank 109.69% in 2022, then surged 2708.25% in 2023.
- A 4-year view of Acquisitions shows it stood at $8.7 billion in 2021, then sank by 98.88% to $97.0 million in 2022, then soared by 2708.25% to $2.7 billion in 2023, then sank 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | - |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | - |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -4.40 Mn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 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 |