Conocophillips (COP) Free Cash Flow (2009 - 2026)
Conocophillips (COP) posted quarterly Free Cash Flow of $1.3 billion for Q1 2026, down 50.79% year-over-year from $2.7 billion in Q1 2025, and up 4.02% quarter-over-quarter from $1.3 billion in Q4 2025.
Conocophillips (COP) Free Cash Flow (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Free Cash Flow for 18 consecutive years, with $1.3 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow fell 50.79% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $5.9 billion (down 32.52% YoY), while the FY2025 annual figure was $7.2 billion, down 9.53% from the prior year.
- Free Cash Flow improved to $1.3 billion in Q1 2026 per COP's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $17.2 billion in Q3 2022 and bottomed at -$6.9 billion in Q4 2022.
- Historically, Free Cash Flow has averaged $2.6 billion across 5 years, with a median of $2.1 billion in 2024.
- On a YoY basis, Free Cash Flow climbed as much as 392.79% in 2022 and fell as far as 260.54% in 2022.
- Conocophillips' Free Cash Flow stood at -$6.9 billion in 2022, then surged by 134.39% to $2.4 billion in 2023, then sank by 52.1% to $1.1 billion in 2024, then gained by 13.6% to $1.3 billion in 2025, then rose by 4.02% to $1.3 billion in 2026.
- Business Quant data shows COP's Free Cash Flow at $1.3 billion in Q1 2026, $1.3 billion in Q4 2025, and $3.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 4.41 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.72 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 3.03 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.59 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 2.36 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.50 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 397.84 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 70.05 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 343.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.41 Bn |
| Jun 30, 2026 | 4.41 Bn |
| Mar 31, 2026 | 1.35 Bn |
| Mar 31, 2026 | 1.35 Bn |
| Dec 31, 2025 | 1.30 Bn |
| Dec 31, 2025 | 1.30 Bn |
| Sep 30, 2025 | 3.01 Bn |
| Sep 30, 2025 | 3.01 Bn |
| Jun 30, 2025 | 199.00 Mn |
| Jun 30, 2025 | 199.00 Mn |
| Mar 31, 2025 | 2.74 Bn |
| Mar 31, 2025 | 2.74 Bn |
| Dec 31, 2024 | 1.14 Bn |
| Dec 31, 2024 | 1.14 Bn |
| Sep 30, 2024 | 2.85 Bn |
| Sep 30, 2024 | 2.85 Bn |
| Jun 30, 2024 | 1.95 Bn |
| Jun 30, 2024 | 1.95 Bn |
| Mar 31, 2024 | 2.07 Bn |
| Mar 31, 2024 | 2.07 Bn |