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| Date | Value |
|---|---|
| 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 |