Conocophillips (COP) Change in Taxes (2009 - 2014)
Conocophillips (COP) posted quarterly Change in Taxes of -$66.0 million for Q3 2014, up 68.57% year-over-year from -$39.2 million in Q3 2013, and up 86.02% quarter-over-quarter from -$472.0 million in Q2 2014.
Conocophillips (COP) Change in Taxes (2009 - 2014) Analysis & Trends
Conocophillips (COP) has reported Change in Taxes for 6 consecutive years, with -$66.0 million the latest figure, recorded in Q3 2014.
- In Q3 2014, Change in Taxes rose 68.57% year-over-year to -$66.0 million; the TTM figure through Sep 2014 stood at $89.0 million (up 107.16% YoY), while the FY2013 annual figure was -$518.0 million, up 56.8% from the prior year.
- Change in Taxes rose to -$66.0 million in Q3 2014 per COP's latest filing, from -$472.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $1.4 billion in Q3 2010 and bottomed at -$853.0 million in Q2 2013.
- Historically, Change in Taxes has averaged -$39.9 million across 5 years, with a median of -$66.0 million in 2014.
- Annual changes were most pronounced in 2012 — Change in Taxes slumped 715.29% — and 2013, when it soared 766.23%.
- Conocophillips' Change in Taxes stood at -$813.0 million in 2010, then jumped by 89.54% to -$85.0 million in 2011, then plunged by 715.29% to -$693.0 million in 2012, then soared by 104.62% to $32.0 million in 2013, then slumped by 306.25% to -$66.0 million in 2014.
- Business Quant data shows COP's Change in Taxes at -$66.0 million in Q3 2014, -$472.0 million in Q2 2014, and $595.0 million in Q1 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 454.72 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | -69.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | -287.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | -32.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -8.34 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2014 | -66.00 Mn |
| Sep 30, 2014 | -66.00 Mn |
| Jun 30, 2014 | -472.00 Mn |
| Jun 30, 2014 | -472.00 Mn |
| Mar 31, 2014 | 595.00 Mn |
| Mar 31, 2014 | 595.00 Mn |
| Dec 31, 2013 | 32.00 Mn |
| Dec 31, 2013 | 32.00 Mn |
| Sep 30, 2013 | -210.00 Mn |
| Sep 30, 2013 | -210.00 Mn |
| Jun 30, 2013 | -853.00 Mn |
| Jun 30, 2013 | -853.00 Mn |
| Mar 31, 2013 | 513.00 Mn |
| Mar 31, 2013 | 513.00 Mn |
| Dec 31, 2012 | -693.00 Mn |
| Dec 31, 2012 | -693.00 Mn |
| Sep 30, 2012 | 65.00 Mn |
| Sep 30, 2012 | 65.00 Mn |
| Jun 30, 2012 | -494.00 Mn |
| Jun 30, 2012 | -494.00 Mn |