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
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