Conocophillips (COP) Asset Writedowns and Impairment (2009 - 2026)

Conocophillips' Asset Writedowns and Impairment history runs 18 years deep, the most recent figure standing at $19.0 million for Q1 2026.

• In Q1 2026, Asset Writedowns and Impairment rose 1800.0% year-over-year to $19.0 million; the TTM figure through Mar 2026 stood at $44.0 million (down 45.68% YoY), while the FY2025 annual figure was $26.0 million, down 67.5% from the prior year.
• Asset Writedowns and Impairment was $19.0 million for Q1 2026 at Conocophillips, up from $14.0 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $46.0 million in Q4 2024 to a low of -$18.0 million in Q4 2022.
• Historically, Asset Writedowns and Impairment has averaged $9.1 million across 5 years, with a median of $2.0 million in 2022.
• The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment plunged 102.36% in 2022, then jumped 2200.0% in 2024.
• A 5-year view of Asset Writedowns and Impairment shows it stood at -$18.0 million in 2022, then surged by 111.11% to $2.0 million in 2023, then surged by 2200.0% to $46.0 million in 2024, then plunged by 69.57% to $14.0 million in 2025, then surged by 35.71% to $19.0 million in 2026.
• The last three Asset Writedowns and Impairment figures came in at $19.0 million (Q1 2026), $14.0 million (Q4 2025), and $10.0 million (Q3 2025), per Business Quant data.