Conocophillips (COP) Current Taxes (2009 - 2026)

Conocophillips (COP) recorded quarterly Current Taxes of $2.1 billion in Q1 2026, up 16.02% quarter-over-quarter from $1.8 billion in Q4 2025, and down 27.06% on a YoY basis from $2.9 billion in Q1 2025.

Conocophillips (COP) Current Taxes (2009 - 2026) Analysis & Trends

Conocophillips' Current Taxes history runs 18 years deep, the most recent figure standing at $2.1 billion for Q1 2026.

  • In Q1 2026, Current Taxes fell 27.06% year-over-year to $2.1 billion; the TTM figure through Mar 2026 stood at $2.1 billion (down 27.06% YoY), while the FY2025 annual figure was $1.8 billion, down 25.41% from the prior year.
  • Current Taxes was $2.1 billion for Q1 2026 at Conocophillips, up from $1.8 billion in the prior quarter.
  • In the past five years, Current Taxes ranged from a high of $3.2 billion in Q4 2022 to a low of $1.7 billion in Q2 2023.
  • Historically, Current Taxes has averaged $2.4 billion across 5 years, with a median of $2.1 billion in 2026.
  • The sharpest annual moves came in 2022 and 2023: Current Taxes surged 229.72% in 2022, then plunged 43.28% in 2023.
  • A 5-year view of Current Taxes shows it stood at $3.2 billion in 2022, then slumped by 43.28% to $1.8 billion in 2023, then soared by 35.84% to $2.5 billion in 2024, then decreased by 25.41% to $1.8 billion in 2025, then gained by 16.02% to $2.1 billion in 2026.
  • The last three Current Taxes figures came in at $2.1 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 539.00 Mn
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 352.94 Mn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.13 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 766.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn -
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 517.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 96.08 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn -
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 21.97 Mn
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 1.41 Bn