Conocophillips (COP) Capital Expenditures (2009 - 2026)
Conocophillips (COP) posted quarterly Capital Expenditures of $2.9 billion for Q1 2026, down 12.73% year-over-year from $3.4 billion in Q1 2025, and down 2.48% quarter-over-quarter from $3.0 billion in Q4 2025.
Conocophillips (COP) Capital Expenditures (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Capital Expenditures for 18 consecutive years, with $2.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures fell 12.73% year-over-year to $2.9 billion; the TTM figure through Mar 2026 stood at $12.1 billion (down 3.63% YoY), while the FY2025 annual figure was $12.6 billion, up 3.59% from the prior year.
- Capital Expenditures eased to $2.9 billion in Q1 2026 per COP's latest filing, from $3.0 billion in the prior quarter.
- Across five years, Capital Expenditures topped out at $13.5 billion in Q4 2022 and bottomed at -$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.
- Conocophillips' Capital Expenditures stood at $13.5 billion in 2022, then plunged by 78.66% to $2.9 billion in 2023, then climbed by 15.05% to $3.3 billion in 2024, then dropped by 8.86% to $3.0 billion in 2025, then declined by 2.48% to $2.9 billion in 2026.
- Business Quant data shows COP's Capital Expenditures at $2.9 billion in Q1 2026, $3.0 billion in Q4 2025, and $2.9 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 3.02 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | -1.72 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 1.64 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 996.00 Mn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 1.32 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 1.59 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 650.17 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 102.81 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 753.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.02 Bn |
| Jun 30, 2026 | 3.02 Bn |
| 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 |