Conocophillips (COP) Change in Inventory (2009 - 2026)
Conocophillips' (COP) quarterly Change in Inventory came in at -$20.0 million in Q2 2026, down 134.48% year-over-year from $58.0 million in Q2 2025, and down 151.28% quarter-over-quarter from $39.0 million in Q1 2026.
Analysis
Conocophillips (COP) Change in Inventory (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Change in Inventory for 18 consecutive years, with -$20.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Change in Inventory fell 134.48% year-over-year to -$20.0 million in Q2 2026; TTM through Jun 2026 was $51.0 million, a 46.32% decrease from a year earlier, with the FY2025 full-year figure at $116.0 million, up 70.59% from the prior year.
- Change in Inventory was -$20.0 million for Q2 2026 at Conocophillips, down from $39.0 million in the prior quarter.
- Over five years, Change in Inventory peaked at $165.0 million in Q4 2025 and troughed at -$133.0 million in Q3 2025.
- A 5-year average of $19.1 million and a median of $18.5 million in 2022 frame the typical range for Change in Inventory.
- The widest YoY moves for Change in Inventory: up 2800.0% in 2025, down 409.3% in 2025.
- Over 5 years, Change in Inventory stood at -$26.0 million in 2022, then soared by 57.69% to -$11.0 million in 2023, then slumped by 190.91% to -$32.0 million in 2024, then jumped by 615.62% to $165.0 million in 2025, then sank by 112.12% to -$20.0 million in 2026.
- The last three Change in Inventory figures came in at -$20.0 million (Q2 2026), $39.0 million (Q1 2026), and $165.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 167.00 Bn | 159.31 Bn | 12.81 Bn | -20.00 Mn |
| 2 | Canadian Natural Resources | 106.84 Bn | 104.94 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.67 Bn | 72.76 Bn | - | -26.00 Mn |
| 4 | Diamondback Energy | 57.77 Bn | 57.31 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.80 Bn | 45.79 Bn | 6.02 Bn | - |
| 6 | Expand Energy | 23.14 Bn | 21.87 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.99 Bn | 19.73 Bn | - | - |
| 8 | Ovintiv | 18.05 Bn | 17.16 Bn | 2.83 Bn | - |
| 9 | Apa | 15.89 Bn | 15.45 Bn | 2.28 Bn | 27.00 Mn |
| 10 | Antero Resources | 12.20 Bn | 11.63 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.00 Mn |
| Mar 31, 2026 | 39.00 Mn |
| Dec 31, 2025 | 165.00 Mn |
| Sep 30, 2025 | -133.00 Mn |
| Jun 30, 2025 | 58.00 Mn |
| Mar 31, 2025 | 26.00 Mn |
| Dec 31, 2024 | -32.00 Mn |
| Sep 30, 2024 | 43.00 Mn |
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | 55.00 Mn |
| Dec 31, 2023 | -11.00 Mn |
| Sep 30, 2023 | 91.00 Mn |
| Jun 30, 2023 | -22.00 Mn |
| Mar 31, 2023 | 45.00 Mn |
| Dec 31, 2022 | -26.00 Mn |
| Sep 30, 2022 | 11.00 Mn |
| Jun 30, 2022 | 80.00 Mn |
| Mar 31, 2022 | -27.00 Mn |
| Dec 31, 2021 | 147.00 Mn |
| Sep 30, 2021 | -76.00 Mn |