Conocophillips (COP) Capital Expenditures (2009 - 2026)
Conocophillips (COP) reported Capital Expenditures of $3.02 billion for Q2 2026, down 8.0% from $3.29 billion a year earlier but up 2.6% from the prior quarter.
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Analysis
Conocophillips (COP) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Conocophillips' Capital Expenditures came in at $11.86 billion, down 8.0% year-over-year; for FY2025, it came in at $12.55 billion, up 3.6% from FY2024.
- Capital Expenditures has increased for five consecutive years, with a five-year compound annual growth rate of 21.6% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $12.12 billion in FY2024 (+7.7%), $11.25 billion in FY2023 (+10.7%), $10.16 billion in FY2022 (+90.8%) and $5.32 billion in FY2021 (+12.9%).
- Five-year quarterly Capital Expenditures spans a low of $1.3 billion in Q3 2021 and a high of $3.38 billion in Q1 2025.
- Year over year, Capital Expenditures has now declined in each of the last four quarters, with growth averaging 3.1% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q1 2022 (growth of 163.4%); the low point was Q1 2026 (a decline of 12.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.95 billion (Q1 2026), $3.02 billion (Q4 2025) and $2.87 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | -4.24 Bn |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 4.54 Bn |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | -5.25 Bn |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | - |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 3.02 Bn |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 2.87 Bn |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 726.00 Mn |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 1.35 Bn |
| 10 | Eog Resources | 73.27 Bn | 57.59 Bn | - | 1.64 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.02 Bn |
| Mar 31, 2026 | 2.95 Bn |
| Dec 31, 2025 | 3.02 Bn |
| Sep 30, 2025 | 2.87 Bn |
| Jun 30, 2025 | 3.29 Bn |
| Mar 31, 2025 | 3.38 Bn |
| Dec 31, 2024 | 3.32 Bn |
| Sep 30, 2024 | 2.92 Bn |
| Jun 30, 2024 | 2.97 Bn |
| Mar 31, 2024 | 2.92 Bn |
| Dec 31, 2023 | 2.88 Bn |
| Sep 30, 2023 | 2.55 Bn |
| Jun 30, 2023 | 2.92 Bn |
| Mar 31, 2023 | 2.90 Bn |
| Dec 31, 2022 | 2.53 Bn |
| Sep 30, 2022 | 2.50 Bn |
| Jun 30, 2022 | 1.97 Bn |
| Mar 31, 2022 | 3.16 Bn |
| Dec 31, 2021 | 1.56 Bn |
| Sep 30, 2021 | 1.30 Bn |
API Access
Conocophillips Capital Expenditures 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=capital-expenditures&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();