Conocophillips COP
NYSE COP
$136.60 +1.56 (+1.16%)
As of: Sep 9, 2026 · 3:59 PM EDT

Conocophillips (COP) Capital Expenditures (2009 - 2026)

Conocophillips' (COP) quarterly Capital Expenditures came in at $3.0 billion in Q2 2026, down 7.97% year-over-year from $3.3 billion in Q2 2025, and up 2.58% quarter-over-quarter from $2.9 billion in Q1 2026.

Analysis

Conocophillips (COP) Capital Expenditures (2009 - 2026) Analysis & Trends

Conocophillips (COP) has reported Capital Expenditures for 18 consecutive years, with $3.0 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Capital Expenditures fell 7.97% year-over-year to $3.0 billion in Q2 2026; TTM through Jun 2026 was $11.9 billion, a 8.03% decrease from a year earlier, with the FY2025 full-year figure at $12.6 billion, up 3.59% from the prior year.
  • Capital Expenditures was $3.0 billion for Q2 2026 at Conocophillips, up from $2.9 billion in the prior quarter.
  • Over five years, Capital Expenditures peaked at $3.4 billion in Q1 2025 and troughed at $2.0 billion in Q2 2022.
  • A 5-year average of $2.9 billion and a median of $2.9 billion in 2023 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures soared 163.42% in 2022 and retreated 12.73% in 2026, its largest moves.
  • Over 5 years, Capital Expenditures stood at $2.5 billion in 2022, then climbed by 13.82% to $2.9 billion in 2023, then gained by 15.05% to $3.3 billion in 2024, then decreased by 8.86% to $3.0 billion in 2025, then increased by 0.03% to $3.0 billion in 2026.
  • The last three Capital Expenditures figures came in at $3.0 billion (Q2 2026), $2.9 billion (Q1 2026), and $3.0 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Conocophillips 161.33 Bn 153.64 Bn 12.81 Bn 3.02 Bn
2 Canadian Natural Resources 104.99 Bn 103.10 Bn 8.84 Bn -1.72 Bn
3 Eog Resources 76.13 Bn 71.22 Bn - 1.64 Bn
4 Diamondback Energy 55.89 Bn 61.52 Bn 5.55 Bn 996.00 Mn
5 Devon Energy 52.87 Bn 51.86 Bn 6.02 Bn 1.32 Bn
6 Expand Energy 22.67 Bn 21.40 Bn 2.33 Bn 753.00 Mn
7 Permian Resources 19.56 Bn 19.30 Bn - 521.43 Mn
8 Ovintiv 17.91 Bn 17.03 Bn 2.83 Bn 574.00 Mn
9 Apa 14.98 Bn 15.46 Bn 2.28 Bn 569.00 Mn
10 Antero Resources 12.17 Bn 11.60 Bn 1.56 Bn 307.82 Mn
Historic Data

Historic Data

Download Data
DateValue
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