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

Conocophillips (COP) recorded quarterly Change in Inventory of $39.0 million in Q1 2026, down 76.36% quarter-over-quarter from $165.0 million in Q4 2025, and up 50.0% on a YoY basis from $26.0 million in Q1 2025.

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

Conocophillips' Change in Inventory history runs 18 years deep, the most recent figure standing at $39.0 million for Q1 2026.

  • In Q1 2026, Change in Inventory rose 50.0% year-over-year to $39.0 million; the TTM figure through Mar 2026 stood at $129.0 million (up 230.77% YoY), while the FY2025 annual figure was $116.0 million, up 70.59% from the prior year.
  • Change in Inventory was $39.0 million for Q1 2026 at Conocophillips, down from $165.0 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $165.0 million in Q4 2025 to a low of -$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.
  • Biggest YoY gain for Change in Inventory was 2800.0% in 2025; the steepest drop was 409.3% in 2025.
  • A 5-year view of Change in Inventory shows it stood at -$26.0 million in 2022, then soared by 57.69% to -$11.0 million in 2023, then tumbled by 190.91% to -$32.0 million in 2024, then jumped by 615.62% to $165.0 million in 2025, then tumbled by 76.36% to $39.0 million in 2026.
  • The last three Change in Inventory figures came in at $39.0 million (Q1 2026), $165.0 million (Q4 2025), and -$133.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Inventory (Qtr)
1 Woodside Energy 631.53 Bn 625.59 Bn - -
2 Canadian Natural Resources 402.73 Bn 402.73 Bn 6.72 Bn -
3 Conocophillips 145.39 Bn 139.02 Bn 9.48 Bn 39.00 Mn
4 Eog Resources 74.61 Bn 70.76 Bn - -21.00 Mn
5 Occidental Petroleum 57.00 Bn 53.82 Bn 4.87 Bn 26.00 Mn
6 Diamondback Energy 56.03 Bn 62.20 Bn 4.22 Bn -
7 Vista Energy, S.A.B. de C.V 36.26 Bn 35.65 Bn 472.36 Mn 9.71 Mn
8 Eqt 33.02 Bn 36.36 Bn 2.98 Bn -
9 Vermilion Energy 32.76 Bn 32.57 Bn 370.10 Mn -
10 Devon Energy 27.78 Bn 27.78 Bn 3.61 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