Conocophillips (COP) Divestments (2011 - 2014)

Conocophillips' (COP) quarterly Divestments came in at -$10.0 million in Q3 2014, up 93.79% year-on-year from -$5.2 million in Q3 2013, and up 75.61% on a QoQ basis from -$41.0 million in Q2 2014.

Conocophillips (COP) Divestments (2011 - 2014) Analysis & Trends

Conocophillips (COP) has 4 years of Divestments data on file, last reported at -$10.0 million in Q3 2014.

  • On a quarterly basis, Divestments rose 93.79% year-over-year to -$10.0 million in Q3 2014; TTM through Jun 2015 was -$10.0 million, a 96.52% increase from a year earlier, with the FY2014 full-year figure at -$73.0 million, up 87.89% from the prior year.
  • Divestments for Q3 2014 stood at -$10.0 million, up from -$41.0 million in the prior quarter.
  • Over the last five years, Divestments for COP reached as high as $1.3 billion in Q4 2011 and fell as low as -$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.
  • Across the five-year window, Divestments sank 1493.75% in 2012 and soared 93.79% in 2014, its largest moves.
  • Year by year, Divestments stood at $1.3 billion in 2011, then slumped by 113.98% to -$181.0 million in 2012, then soared by 65.19% to -$63.0 million in 2013, then jumped by 84.13% to -$10.0 million in 2014.
  • Per Business Quant data, the three most recent Divestments figures were -$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 141.43 Bn 135.06 Bn 9.48 Bn -
2 Eog Resources 74.61 Bn 70.76 Bn - -
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 604.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 9.46 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 9.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 10.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn -

Historic Data

Download Data
DateValue
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