Conocophillips COP
NYSE COP
$137.45 +0.92 (+0.67%)
As of: Sep 10, 2026 · 2:25 PM EDT

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

Historic Data

Download Data
DateValue
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