Conocophillips (COP) Dividend Coverage Ratio (2009 - 2026)
Conocophillips' (COP) quarterly Dividend Coverage Ratio came in at 3.84 in Q2 2026, up 91.46% year-over-year from 2.0 in Q2 2025, and up 81.3% quarter-over-quarter from 2.12 in Q1 2026.
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Conocophillips (COP) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Dividend Coverage Ratio for 18 consecutive years, with 3.84 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio rose 91.46% year-over-year to 3.84 in Q2 2026; TTM through Jun 2026 was 2.28, a 20.83% decrease from a year earlier, with the FY2025 full-year figure at 2.0, down 21.14% from the prior year.
- Dividend Coverage Ratio was 3.84 for Q2 2026 at Conocophillips, up from 2.12 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 8.6 in Q2 2022 and troughed at 1.36 in Q4 2022.
- A 5-year average of 3.53 and a median of 2.95 in 2024 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio soared 299.12% in 2022 and tumbled 70.56% in 2023, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 1.36 in 2022, then jumped by 57.1% to 2.14 in 2023, then surged by 75.6% to 3.75 in 2024, then slumped by 62.96% to 1.39 in 2025, then surged by 176.06% to 3.84 in 2026.
- The last three Dividend Coverage Ratio figures came in at 3.84 (Q2 2026), 2.12 (Q1 2026), and 1.39 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 3.84 |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | -3.69 |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 5.04 |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 6.61 |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 4.49 |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 3.78 |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | 5.83 |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 5.43 |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 8.49 |
| 10 | Antero Resources | 12.17 Bn | 11.60 Bn | 1.56 Bn | 37.93 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.84 |
| Mar 31, 2026 | 2.12 |
| Dec 31, 2025 | 1.39 |
| Sep 30, 2025 | 1.77 |
| Jun 30, 2025 | 2.00 |
| Mar 31, 2025 | 2.85 |
| Dec 31, 2024 | 3.75 |
| Sep 30, 2024 | 3.04 |
| Jun 30, 2024 | 3.43 |
| Mar 31, 2024 | 2.76 |
| Dec 31, 2023 | 2.14 |
| Sep 30, 2023 | 4.56 |
| Jun 30, 2023 | 3.60 |
| Mar 31, 2023 | 1.96 |
| Dec 31, 2022 | 1.36 |
| Sep 30, 2022 | 7.70 |
| Jun 30, 2022 | 8.60 |
| Mar 31, 2022 | 6.67 |
| Sep 30, 2021 | 2.00 |
| Jun 30, 2021 | 3.59 |