Conocophillips (COP) Dividend Coverage Ratio (2009 - 2025)
Conocophillips' Dividend Coverage Ratio came in at 3.84 for Q2 2026, up 91.5% from 2.00 a year earlier and up 81.3% from the prior quarter.
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Analysis
Conocophillips (COP) Dividend Coverage Ratio (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Conocophillips reported Dividend Coverage Ratio of 2.28, down 5.9% year-over-year; for FY2025, it was 2.00, down 21.1% from FY2024.
- Going back by year, Dividend Coverage Ratio was 2.54 in FY2024 (+29.2%), 1.96 in FY2023 (-39.8%), 3.26 in FY2022 (-4.7%) and 3.42 in FY2021.
- The Q2 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q2 2022.
- Year-over-year, Dividend Coverage Ratio increased in four of the last eight quarters, with growth averaging 1.1%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q1 2022 (growth of 299.1%), and the weakest in Q1 2023 (a decline of 70.6%).
- Business Quant data shows COP's Dividend Coverage Ratio at 2.12 (Q1 2026), 1.39 (Q4 2025) and 1.77 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Yr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 702.68 Bn | 660.83 Bn | - | 1.67 |
| 2 | Chevron | 429.10 Bn | 401.22 Bn | 33.45 Bn | 0.96 |
| 3 | Shell | 298.97 Bn | 159.24 Bn | - | 2.07 |
| 4 | TotalEnergies SE | 197.58 Bn | 68.66 Bn | 31,614.00 | 1.55 |
| 5 | Eni Spa | 171.13 Bn | 110.76 Bn | - | 0.85 |
| 6 | Conocophillips | 166.75 Bn | 139.46 Bn | 12.81 Bn | 2.00 |
| 7 | Equinor Asa | 111.54 Bn | 24.39 Bn | 4.49 Bn | 1.05 |
| 8 | Canadian Natural Resources | 103.31 Bn | 100.32 Bn | 8.84 Bn | 2.22 |
| 9 | Phillips 66 | 100.98 Bn | 84.77 Bn | 10.69 Bn | 2.29 |
| 10 | Suncor Energy | 86.65 Bn | 67.34 Bn | - | 2.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.00 |
| Dec 31, 2024 | 2.54 |
| Dec 31, 2023 | 1.96 |
| Dec 31, 2022 | 3.26 |
| Dec 31, 2021 | 3.42 |
| Dec 31, 2020 | -1.48 |
| Dec 31, 2019 | 4.79 |
| Dec 31, 2018 | 4.59 |
| Dec 31, 2017 | -0.66 |
| Dec 31, 2016 | -2.89 |
| Dec 31, 2015 | -1.21 |
| Dec 31, 2014 | 1.95 |
| Dec 31, 2013 | 2.75 |
| Dec 31, 2012 | 2.57 |
| Dec 31, 2011 | 3.42 |
| Dec 31, 2010 | 3.58 |
| Dec 31, 2009 | 1.56 |
API Access
Conocophillips Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio-annual&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio-annual", "ticker": "COP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio-annual&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();