Conocophillips (COP) Free Cash Flow (2009 - 2026)
Conocophillips (COP) recorded quarterly Free Cash Flow of $1.3 billion in Q1 2026, up 4.02% quarter-over-quarter from $1.3 billion in Q4 2025, and down 50.79% on a YoY basis from $2.7 billion in Q1 2025.
Conocophillips (COP) Free Cash Flow (2009 - 2026) Analysis & Trends
Conocophillips' Free Cash Flow history runs 18 years deep, the most recent figure standing at $1.3 billion for 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 was $1.3 billion for Q1 2026 at Conocophillips, up from $1.3 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $11.9 billion in Q3 2023 to a low of -$6.6 billion in Q4 2023.
- Historically, Free Cash Flow has averaged $2.6 billion across 5 years, with a median of $2.1 billion in 2024.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow jumped 1736.69% in 2022, then tumbled 575.5% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $4.1 billion in 2022, then tumbled by 262.55% to -$6.6 billion in 2023, then surged by 117.28% to $1.1 billion in 2024, then advanced by 13.6% to $1.3 billion in 2025, then gained by 4.02% to $1.3 billion in 2026.
- The last three Free Cash Flow figures came in at $1.3 billion (Q1 2026), $1.3 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | -1.81 Bn |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 1.53 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 1.35 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 2.81 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 1.26 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 895.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | 85.67 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 2.46 Bn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | -98.14 Bn |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | 816.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -6.60 Bn |
| Dec 31, 2023 | -6.60 Bn |