Conocophillips COP
NYSE COP
$136.60 +1.56 (+1.16%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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