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
DateValue
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