Conocophillips (COP) Change in Inventory (2009 - 2026)

Conocophillips' (COP) quarterly Change in Inventory came in at $39.0 million in Q1 2026, up 50.0% year-on-year from $26.0 million in Q1 2025, and down 76.36% on a QoQ basis from $165.0 million in Q4 2025.

Conocophillips (COP) Change in Inventory (2009 - 2026) Analysis & Trends

Conocophillips (COP) has 18 years of Change in Inventory data on file, last reported at $39.0 million in Q1 2026.

  • On a quarterly basis, Change in Inventory rose 50.0% year-over-year to $39.0 million in Q1 2026; TTM through Mar 2026 was $129.0 million, a 230.77% increase from a year earlier, with the FY2025 full-year figure at $116.0 million, up 70.59% from the prior year.
  • Change in Inventory for Q1 2026 stood at $39.0 million, down from $165.0 million in the prior quarter.
  • Over the last five years, Change in Inventory for COP reached as high as $165.0 million in Q4 2025 and fell as low as -$133.0 million in Q3 2025.
  • Historically, Change in Inventory has averaged $21.4 million across 5 years, with a median of $26.0 million in 2025.
  • On a YoY basis, Change in Inventory climbed as much as 2800.0% in 2025 and fell as far as 409.3% in 2025.
  • Year by year, Change in Inventory stood at -$26.0 million in 2022, then jumped by 57.69% to -$11.0 million in 2023, then slumped by 190.91% to -$32.0 million in 2024, then surged by 615.62% to $165.0 million in 2025, then slumped by 76.36% to $39.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were $39.0 million in Q1 2026, $165.0 million in Q4 2025, and -$133.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 39.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - -21.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 26.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn -
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 39.00 Mn
Mar 31, 2026 39.00 Mn
Dec 31, 2025 165.00 Mn
Dec 31, 2025 165.00 Mn
Sep 30, 2025 -133.00 Mn
Sep 30, 2025 -133.00 Mn
Jun 30, 2025 58.00 Mn
Jun 30, 2025 58.00 Mn
Mar 31, 2025 26.00 Mn
Mar 31, 2025 26.00 Mn
Dec 31, 2024 -32.00 Mn
Dec 31, 2024 -32.00 Mn
Sep 30, 2024 43.00 Mn
Sep 30, 2024 43.00 Mn
Jun 30, 2024 2.00 Mn
Jun 30, 2024 2.00 Mn
Mar 31, 2024 55.00 Mn
Mar 31, 2024 55.00 Mn
Dec 31, 2023 -11.00 Mn
Dec 31, 2023 -11.00 Mn