Conocophillips (COP) Capital Expenditures (2009 - 2026)
Conocophillips' (COP) quarterly Capital Expenditures came in at $2.9 billion in Q1 2026, down 12.73% year-on-year from $3.4 billion in Q1 2025, and down 2.48% on a QoQ basis from $3.0 billion in Q4 2025.
Conocophillips (COP) Capital Expenditures (2009 - 2026) Analysis & Trends
Conocophillips (COP) has 18 years of Capital Expenditures data on file, last reported at $2.9 billion in Q1 2026.
- On a quarterly basis, Capital Expenditures fell 12.73% year-over-year to $2.9 billion in Q1 2026; TTM through Mar 2026 was $12.1 billion, a 3.63% decrease from a year earlier, with the FY2025 full-year figure at $12.6 billion, up 3.59% from the prior year.
- Capital Expenditures for Q1 2026 stood at $2.9 billion, down from $3.0 billion in the prior quarter.
- Over the last five years, Capital Expenditures for COP reached as high as $13.5 billion in Q4 2022 and fell as low as -$8.5 billion in Q3 2022.
- Historically, Capital Expenditures has averaged $2.9 billion across 5 years, with a median of $2.9 billion in 2026.
- On a YoY basis, Capital Expenditures climbed as much as 18494.12% in 2022 and fell as far as 751.54% in 2022.
- Year by year, Capital Expenditures stood at $13.5 billion in 2022, then plunged by 78.66% to $2.9 billion in 2023, then increased by 15.05% to $3.3 billion in 2024, then fell by 8.86% to $3.0 billion in 2025, then retreated by 2.48% to $2.9 billion in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $2.9 billion in Q1 2026, $3.0 billion in Q4 2025, and $2.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.95 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 153.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 933.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 1.55 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 650.17 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 839.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 707.00 Mn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 574.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.95 Bn |
| Mar 31, 2026 | 2.95 Bn |
| Dec 31, 2025 | 3.02 Bn |
| Dec 31, 2025 | 3.02 Bn |
| Sep 30, 2025 | 2.87 Bn |
| Sep 30, 2025 | 2.87 Bn |
| Jun 30, 2025 | 3.29 Bn |
| Jun 30, 2025 | 3.29 Bn |
| Mar 31, 2025 | 3.38 Bn |
| Mar 31, 2025 | 3.38 Bn |
| Dec 31, 2024 | 3.32 Bn |
| Dec 31, 2024 | 3.32 Bn |
| Sep 30, 2024 | 2.92 Bn |
| Sep 30, 2024 | 2.92 Bn |
| Jun 30, 2024 | 2.97 Bn |
| Jun 30, 2024 | 2.97 Bn |
| Mar 31, 2024 | 2.92 Bn |
| Mar 31, 2024 | 2.92 Bn |
| Dec 31, 2023 | 2.88 Bn |
| Dec 31, 2023 | 2.88 Bn |