Conocophillips (COP) Current Taxes (2009 - 2026)
Conocophillips' (COP) quarterly Current Taxes came in at $2.5 billion in Q2 2026, up 45.81% year-over-year from $1.7 billion in Q2 2025, and up 19.3% quarter-over-quarter from $2.1 billion in Q1 2026.
Analysis
Conocophillips (COP) Current Taxes (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Current Taxes for 18 consecutive years, with $2.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Current Taxes rose 45.81% year-over-year to $2.5 billion in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 45.81% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, down 25.41% from the prior year.
- Current Taxes was $2.5 billion for Q2 2026 at Conocophillips, up from $2.1 billion in the prior quarter.
- Over five years, Current Taxes peaked at $3.2 billion in Q4 2022 and troughed at $1.7 billion in Q2 2023.
- A 5-year average of $2.4 billion and a median of $2.3 billion in 2024 frame the typical range for Current Taxes.
- Across the five-year window, Current Taxes soared 229.72% in 2022 and plunged 43.28% in 2023, its largest moves.
- Over 5 years, Current Taxes stood at $3.2 billion in 2022, then sank by 43.28% to $1.8 billion in 2023, then soared by 35.84% to $2.5 billion in 2024, then declined by 25.41% to $1.8 billion in 2025, then soared by 38.42% to $2.5 billion in 2026.
- The last three Current Taxes figures came in at $2.5 billion (Q2 2026), $2.1 billion (Q1 2026), and $1.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.07 Bn | 158.38 Bn | 12.81 Bn | 2.54 Bn |
| 2 | Canadian Natural Resources | 107.37 Bn | 105.48 Bn | 8.84 Bn | 712.80 Mn |
| 3 | Eog Resources | 77.26 Bn | 72.36 Bn | - | 697.00 Mn |
| 4 | Diamondback Energy | 56.93 Bn | 56.47 Bn | 5.55 Bn | 230.00 Mn |
| 5 | Devon Energy | 45.90 Bn | 44.89 Bn | 6.02 Bn | 414.00 Mn |
| 6 | Expand Energy | 23.03 Bn | 21.76 Bn | 2.33 Bn | - |
| 7 | Permian Resources | 19.81 Bn | 19.55 Bn | - | - |
| 8 | Ovintiv | 18.04 Bn | 17.15 Bn | 2.83 Bn | 2.00 Mn |
| 9 | Apa | 15.80 Bn | 15.36 Bn | 2.28 Bn | - |
| 10 | Antero Resources | 12.13 Bn | 11.56 Bn | 1.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.54 Bn |
| Mar 31, 2026 | 2.13 Bn |
| Dec 31, 2025 | 1.84 Bn |
| Sep 30, 2025 | 1.94 Bn |
| Jun 30, 2025 | 1.74 Bn |
| Mar 31, 2025 | 2.92 Bn |
| Dec 31, 2024 | 2.46 Bn |
| Sep 30, 2024 | 2.47 Bn |
| Jun 30, 2024 | 2.02 Bn |
| Mar 31, 2024 | 2.12 Bn |
| Dec 31, 2023 | 1.81 Bn |
| Sep 30, 2023 | 1.92 Bn |
| Jun 30, 2023 | 1.69 Bn |
| Mar 31, 2023 | 2.85 Bn |
| Dec 31, 2022 | 3.19 Bn |
| Sep 30, 2022 | 3.19 Bn |
| Jun 30, 2022 | 2.76 Bn |
| Mar 31, 2022 | 3.16 Bn |
| Dec 31, 2021 | 2.86 Bn |
| Sep 30, 2021 | 2.08 Bn |