Conocophillips (COP) Change in Inventory (2009 - 2026)
Conocophillips (COP) reported Change in Inventory of -$20 million for Q2 2026, compared with $58 million a year earlier.
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Analysis
Conocophillips (COP) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Conocophillips' Change in Inventory came in at $51 million, down 46.3% year-over-year; for FY2025, it was $116 million, up 70.6% from FY2024.
- Change in Inventory has a five-year compound annual growth rate of 35.9% (FY2020 to FY2025).
- By year, Change in Inventory came in at $68 million in FY2024 (-34.0%), $103 million in FY2023 (+171.1%), $38 million in FY2022 (-76.3%) and $160 million in FY2021 (+540.0%).
- Five-year quarterly Change in Inventory spans a low of -$133 million in Q3 2025 and a high of $165 million in Q4 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at $39 million (Q1 2026), $165 million (Q4 2025) and -$133 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 678.46 Bn | 636.61 Bn | - | - |
| 2 | Shell | 572.35 Bn | 454.96 Bn | - | -3.74 Bn |
| 3 | Chevron | 410.31 Bn | 377.35 Bn | 31.26 Bn | - |
| 4 | TotalEnergies SE | 190.98 Bn | 74.26 Bn | - | - |
| 5 | Eni Spa | 166.41 Bn | 117.77 Bn | - | - |
| 6 | Conocophillips | 163.94 Bn | 136.65 Bn | 12.81 Bn | -20.00 Mn |
| 7 | Equinor Asa | 104.52 Bn | 35.38 Bn | 12.28 Bn | - |
| 8 | Canadian Natural Resources | 100.46 Bn | 98.53 Bn | - | - |
| 9 | Phillips 66 | 99.08 Bn | 82.87 Bn | 10.69 Bn | 332.00 Mn |
| 10 | Suncor Energy | 82.03 Bn | 74.17 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 |
API Access
Conocophillips Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "COP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();