Conocophillips (COP) Invested Capital (2009 - 2026)
Conocophillips' (COP) quarterly Invested Capital came in at $88.6 billion in Q2 2026, down 0.52% year-over-year from $89.1 billion in Q2 2025, and up 0.88% quarter-over-quarter from $87.9 billion in Q1 2026.
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Analysis
Conocophillips (COP) Invested Capital (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Invested Capital for 18 consecutive years, with $88.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital fell 0.52% year-over-year to $88.6 billion in Q2 2026; TTM through Jun 2026 was $88.6 billion, a 0.52% decrease from a year earlier, with the FY2025 full-year figure at $87.9 billion, down 1.33% from the prior year.
- Invested Capital was $88.6 billion for Q2 2026 at Conocophillips, up from $87.9 billion in the prior quarter.
- Over five years, Invested Capital peaked at $89.1 billion in Q4 2024 and troughed at $64.0 billion in Q2 2023.
- A 5-year average of $75.2 billion and a median of $68.1 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital retreated 5.29% in 2023 and surged 31.41% in 2025, its largest moves.
- Over 5 years, Invested Capital stood at $64.7 billion in 2022, then advanced by 5.44% to $68.2 billion in 2023, then surged by 30.64% to $89.1 billion in 2024, then decreased by 1.33% to $87.9 billion in 2025, then advanced by 0.81% to $88.6 billion in 2026.
- The last three Invested Capital figures came in at $88.6 billion (Q2 2026), $87.9 billion (Q1 2026), and $87.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 88.64 Bn |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | 20.96 Bn |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 39.79 Bn |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 56.64 Bn |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 56.13 Bn |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 23.10 Bn |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 15.00 Bn |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 15.23 Bn |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 11.69 Bn |
| 10 | Antero Resources | 10.48 Bn | 9.91 Bn | 1.56 Bn | 10.93 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.64 Bn |
| Mar 31, 2026 | 87.87 Bn |
| Dec 31, 2025 | 87.93 Bn |
| Sep 30, 2025 | 88.41 Bn |
| Jun 30, 2025 | 89.10 Bn |
| Mar 31, 2025 | 89.02 Bn |
| Dec 31, 2024 | 89.12 Bn |
| Sep 30, 2024 | 68.19 Bn |
| Jun 30, 2024 | 68.10 Bn |
| Mar 31, 2024 | 67.74 Bn |
| Dec 31, 2023 | 68.22 Bn |
| Sep 30, 2023 | 66.81 Bn |
| Jun 30, 2023 | 63.98 Bn |
| Mar 31, 2023 | 64.39 Bn |
| Dec 31, 2022 | 64.70 Bn |
| Sep 30, 2022 | 66.07 Bn |
| Jun 30, 2022 | 67.20 Bn |
| Mar 31, 2022 | 67.99 Bn |
| Dec 31, 2021 | 65.36 Bn |
| Sep 30, 2021 | 67.86 Bn |
API Access
Conocophillips Invested Capital 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=invested-capital&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();