Conocophillips (COP) Capital Expenditures (2009 - 2026)
Conocophillips (COP) recorded quarterly Capital Expenditures of $2.9 billion in Q1 2026, down 2.48% quarter-over-quarter from $3.0 billion in Q4 2025, and down 12.73% on a YoY basis from $3.4 billion in Q1 2025.
Conocophillips (COP) Capital Expenditures (2009 - 2026) Analysis & Trends
Conocophillips' Capital Expenditures history runs 18 years deep, the most recent figure standing at $2.9 billion for 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 was $2.9 billion for Q1 2026 at Conocophillips, down from $3.0 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $11.9 billion in Q4 2023 to a low of -$6.4 billion in Q3 2023.
- Historically, Capital Expenditures has averaged $2.9 billion across 5 years, with a median of $2.9 billion in 2026.
- Biggest YoY gain for Capital Expenditures was 4315.25% in 2022; the steepest drop was 13817.65% in 2022.
- A 5-year view of Capital Expenditures shows it stood at $2.5 billion in 2022, then surged by 368.26% to $11.9 billion in 2023, then slumped by 72.03% to $3.3 billion in 2024, then declined by 8.86% to $3.0 billion in 2025, then fell by 2.48% to $2.9 billion in 2026.
- The last three Capital Expenditures figures came in at $2.9 billion (Q1 2026), $3.0 billion (Q4 2025), and $2.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | 1.81 Bn |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | -1.53 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 2.95 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 153.00 Mn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 25.00 Mn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 933.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | - |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 598.51 Mn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 98.14 Bn |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | 839.00 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 | 11.86 Bn |
| Dec 31, 2023 | 11.86 Bn |