Conocophillips (COP) Debt to Equity (2009 - 2026)

Conocophillips (COP) recorded quarterly Debt to Equity of $0.36 in Q1 2026, down 0.58% quarter-over-quarter from $0.36 in Q4 2025, and down 0.86% on a YoY basis from $0.36 in Q1 2025.

Conocophillips (COP) Debt to Equity (2009 - 2026) Analysis & Trends

Conocophillips' Debt to Equity history runs 18 years deep, the most recent figure standing at $0.36 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 0.86% year-over-year to $0.36; the TTM figure through Mar 2026 stood at $0.36 (down 0.86% YoY), while the FY2025 annual figure was $0.36, down 3.16% from the prior year.
  • Debt to Equity was $0.36 for Q1 2026 at Conocophillips, down from $0.36 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.4 in Q3 2023 to a low of $0.34 in Q2 2022.
  • Historically, Debt to Equity has averaged $0.36 across 5 years, with a median of $0.36 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity slipped 25.2% in 2022, then gained 15.53% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.35 in 2022, then grew by 10.84% to $0.38 in 2023, then dropped by 2.31% to $0.38 in 2024, then retreated by 3.16% to $0.36 in 2025, then fell by 0.58% to $0.36 in 2026.
  • The last three Debt to Equity figures came in at $0.36 (Q1 2026), $0.36 (Q4 2025), and $0.36 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 0.31
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.36
4 Eog Resources 72.93 Bn 69.08 Bn - 0.26
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.40
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.38
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.03
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 0.54

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.36
Sep 30, 2025 0.36
Jun 30, 2025 0.36
Mar 31, 2025 0.36
Dec 31, 2024 0.38
Sep 30, 2024 0.37
Jun 30, 2024 0.37
Mar 31, 2024 0.37
Dec 31, 2023 0.38
Sep 30, 2023 0.40
Jun 30, 2023 0.35
Mar 31, 2023 0.35
Dec 31, 2022 0.35
Sep 30, 2022 0.35
Jun 30, 2022 0.34
Mar 31, 2022 0.38
Dec 31, 2021 0.41
Sep 30, 2021 0.43
Jun 30, 2021 0.45