Conocophillips (COP) Asset Writedowns and Impairment (2009 - 2026)
Conocophillips (COP) posted Asset Writedowns and Impairment of $2 million for Q2 2026, up 100.0% from $1 million a year earlier but down 89.5% from the prior quarter.
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Analysis
Conocophillips (COP) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Asset Writedowns and Impairment at Conocophillips was $45 million, down 6.3% year-over-year; for FY2025, it was $26 million, down 67.5% from FY2024.
- Annual Asset Writedowns and Impairment shows a five-year compound annual growth rate of -49.8% (FY2020 to FY2025).
- In prior years, Conocophillips' Asset Writedowns and Impairment was $80 million in FY2024 (+471.4%), $14 million in FY2023, -$12 million in FY2022 and $674 million in FY2021 (-17.1%).
- Quarterly Asset Writedowns and Impairment has run from a low of -$89 million in Q3 2021 to a high of $764 million in Q4 2021 over five years.
- According to Business Quant data, Asset Writedowns and Impairment for the three prior quarters was $19 million (Q1 2026), $14 million (Q4 2025) and $10 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Mn |
| Mar 31, 2026 | 34.00 Mn |
| Dec 31, 2025 | 76.00 Mn |
| Sep 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | 61.00 Mn |
| Dec 31, 2024 | 32.00 Mn |
| Jun 30, 2024 | 34.00 Mn |
| Mar 31, 2024 | 19.00 Mn |
| Dec 31, 2023 | 11.00 Mn |
| Sep 30, 2023 | 11.00 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Dec 31, 2022 | 204.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 7.00 Mn |
| Dec 31, 2021 | 764.00 Mn |
| Sep 30, 2021 | -89.00 Mn |
| Jun 30, 2021 | 2.00 Mn |
| Mar 31, 2021 | 6.00 Mn |
API Access
Conocophillips Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "COP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();