Conocophillips COP
NYSE COP
$136.60 +1.56 (+1.16%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

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
Mar 31, 2021 -382.00 Mn