Conocophillips (COP) Current Taxes (2009 - 2026)
Conocophillips (COP) posted Current Taxes of $2.54 billion for Q2 2026, up 45.8% from $1.74 billion a year earlier and up 19.3% from the prior quarter.
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Analysis
Conocophillips (COP) Current Taxes (2009 - 2026) Analysis & Trends
At the end of FY2025, Conocophillips' Current Taxes came in at $1.84 billion, down 25.4% from FY2024.
- Annual Current Taxes shows a five-year compound annual growth rate of 41.8% (FY2020 to FY2025).
- In prior years, Conocophillips' Current Taxes was $2.46 billion in FY2024 (+35.8%), $1.81 billion in FY2023 (-43.3%), $3.19 billion in FY2022 (+11.6%) and $2.86 billion in FY2021 (+794.4%).
- The Q2 2026 figure stands as the highest quarterly Current Taxes since Q1 2025.
- On a year-over-year basis, Current Taxes increased in four of the last eight quarters, with growth averaging 7.6%.
- The strongest year-over-year quarter for Current Taxes in the past five years was Q4 2021, with growth of 794.4%; the weakest was Q4 2023, with a decline of 43.3%.
- According to Business Quant data, Current Taxes for the three prior quarters was $2.13 billion (Q1 2026), $1.84 billion (Q4 2025) and $1.94 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 744.22 Bn | 700.71 Bn | - | 4.20 Bn |
| 2 | Chevron | 442.27 Bn | 414.39 Bn | 33.45 Bn | 2.20 Bn |
| 3 | Shell | 308.83 Bn | 238.57 Bn | 30.13 Bn | 4.35 Bn |
| 4 | TotalEnergies SE | 197.25 Bn | 77.83 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 176.36 Bn | 149.07 Bn | 12.81 Bn | 2.54 Bn |
| 6 | Equinor Asa | 119.62 Bn | 34.07 Bn | - | 14.33 Bn |
| 7 | Phillips 66 | 116.49 Bn | 104.28 Bn | 8.38 Bn | 2.01 Bn |
| 8 | Canadian Natural Resources | 113.27 Bn | 110.27 Bn | 8.84 Bn | 693.93 Mn |
| 9 | Suncor Energy | 95.51 Bn | 81.26 Bn | - | 87.00 Mn |
| 10 | Eni Spa | 88.76 Bn | 33.32 Bn | - | 479.73 Mn |
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 |
API Access
Conocophillips Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "COP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();