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

Conocophillips (COP) has reported Asset Writedowns and Impairment for 18 consecutive years, with $19.0 million the latest figure, recorded in 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 improved to $19.0 million in Q1 2026 per COP's latest filing, from $14.0 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $46.0 million in Q4 2024 and bottomed at -$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.
• Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment tumbled 102.36% — and 2024, when it soared 2200.0%.
• Conocophillips' Asset Writedowns and Impairment stood at -$18.0 million in 2022, then jumped by 111.11% to $2.0 million in 2023, then jumped by 2200.0% to $46.0 million in 2024, then tumbled by 69.57% to $14.0 million in 2025, then jumped by 35.71% to $19.0 million in 2026.
• Business Quant data shows COP's Asset Writedowns and Impairment at $19.0 million in Q1 2026, $14.0 million in Q4 2025, and $10.0 million in Q3 2025.