Conocophillips (COP) Divestments (2011 - 2014)
Conocophillips (COP) posted quarterly Divestments of -$10.0 million for Q3 2014, up 93.79% year-over-year from -$5.2 million in Q3 2013, and up 75.61% quarter-over-quarter from -$41.0 million in Q2 2014.
Conocophillips (COP) Divestments (2011 - 2014) Analysis & Trends
Conocophillips (COP) has reported Divestments for 4 consecutive years, with -$10.0 million the latest figure, recorded in Q3 2014.
- In Q3 2014, Divestments rose 93.79% year-over-year to -$10.0 million; the TTM figure through Jun 2015 stood at -$10.0 million (up 96.52% YoY), while the FY2014 annual figure was -$73.0 million, up 87.89% from the prior year.
- Divestments climbed to -$10.0 million in Q3 2014 per COP's latest filing, from -$41.0 million in the prior quarter.
- Across five years, Divestments topped out at $1.3 billion in Q4 2011 and bottomed at -$431.0 million in Q1 2012.
- Historically, Divestments has averaged -$37.2 million across 4 years, with a median of -$161.0 million in 2013.
- Annual changes were most pronounced in 2012 — Divestments tumbled 1493.75% — and 2014, when it surged 93.79%.
- Conocophillips' Divestments stood at $1.3 billion in 2011, then slumped by 113.98% to -$181.0 million in 2012, then jumped by 65.19% to -$63.0 million in 2013, then surged by 84.13% to -$10.0 million in 2014.
- Business Quant data shows COP's Divestments at -$10.0 million in Q3 2014, -$41.0 million in Q2 2014, and -$22.0 million in Q1 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.76 Bn | 157.06 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.87 Bn | 104.98 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.46 Bn | 75.55 Bn | - | - |
| 4 | Diamondback Energy | 59.73 Bn | 59.27 Bn | 5.55 Bn | 53.00 Mn |
| 5 | Devon Energy | 46.52 Bn | 45.51 Bn | 6.02 Bn | 13.00 Mn |
| 6 | Woodside Energy | 46.23 Bn | 40.29 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 38.04 Bn | 34.52 Bn | 7.73 Bn | - |
| 8 | Eqt | 33.66 Bn | 33.55 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 25.84 Bn | 25.59 Bn | - | - |
| 10 | Expand Energy | 22.73 Bn | 21.46 Bn | 2.33 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2014 | -10.00 Mn |
| Jun 30, 2014 | -41.00 Mn |
| Mar 31, 2014 | -22.00 Mn |
| Dec 31, 2013 | -63.00 Mn |
| Sep 30, 2013 | -161.00 Mn |
| Jun 30, 2013 | -190.00 Mn |
| Mar 31, 2013 | -189.00 Mn |
| Dec 31, 2012 | -181.00 Mn |
| Sep 30, 2012 | -223.00 Mn |
| Jun 30, 2012 | -284.00 Mn |
| Mar 31, 2012 | -431.00 Mn |
| Dec 31, 2011 | 1.30 Bn |
| Sep 30, 2011 | 16.00 Mn |