Conocophillips (COP) Change in Inventory (2009 - 2026)
Conocophillips (COP) posted quarterly Change in Inventory of $39.0 million for Q1 2026, up 50.0% year-over-year from $26.0 million in Q1 2025, and down 76.36% quarter-over-quarter from $165.0 million in Q4 2025.
Conocophillips (COP) Change in Inventory (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Change in Inventory for 18 consecutive years, with $39.0 million the latest figure, recorded in 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 fell to $39.0 million in Q1 2026 per COP's latest filing, from $165.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $165.0 million in Q4 2025 and bottomed at -$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.
- Conocophillips' Change in Inventory stood at -$26.0 million in 2022, then surged by 57.69% to -$11.0 million in 2023, then slumped by 190.91% to -$32.0 million in 2024, then soared by 615.62% to $165.0 million in 2025, then slumped by 76.36% to $39.0 million in 2026.
- Business Quant data shows COP's Change in Inventory at $39.0 million in Q1 2026, $165.0 million in Q4 2025, and -$133.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | -20.00 Mn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | -26.00 Mn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | - |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 308.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -20.00 Mn |
| Jun 30, 2026 | -20.00 Mn |
| 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 |