Conocophillips (COP) Invested Capital (2009 - 2026)
Conocophillips (COP) recorded quarterly Invested Capital of $87.0 billion in Q1 2026, little changed quarter-over-quarter from $87.2 billion in Q4 2025, and down 1.31% on a YoY basis from $88.1 billion in Q1 2025.
Conocophillips (COP) Invested Capital (2009 - 2026) Analysis & Trends
Conocophillips' Invested Capital history runs 18 years deep, the most recent figure standing at $87.0 billion for Q1 2026.
- In Q1 2026, Invested Capital fell 1.31% year-over-year to $87.0 billion; the TTM figure through Mar 2026 stood at $87.0 billion (down 1.31% YoY), while the FY2025 annual figure was $87.2 billion, down 0.69% from the prior year.
- Invested Capital was $87.0 billion for Q1 2026 at Conocophillips, roughly flat from $87.2 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $88.2 billion in Q2 2025 to a low of $63.1 billion in Q1 2023.
- Historically, Invested Capital has averaged $73.5 billion across 5 years, with a median of $67.1 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Invested Capital fell 6.35% in 2022, then jumped 31.56% in 2025.
- A 5-year view of Invested Capital shows it stood at $63.5 billion in 2022, then grew by 6.85% to $67.9 billion in 2023, then grew by 29.3% to $87.8 billion in 2024, then dropped by 0.69% to $87.2 billion in 2025, then decreased by 0.26% to $87.0 billion in 2026.
- The last three Invested Capital figures came in at $87.0 billion (Q1 2026), $87.2 billion (Q4 2025), and $87.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 37.16 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 321.58 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 86.96 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 30.94 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 54.27 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 49.62 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 2.62 Bn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 34.78 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 177.38 Bn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 23.81 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 86.96 Bn |
| Dec 31, 2025 | 87.19 Bn |
| Sep 30, 2025 | 87.58 Bn |
| Jun 30, 2025 | 88.24 Bn |
| Mar 31, 2025 | 88.12 Bn |
| Dec 31, 2024 | 87.79 Bn |
| Sep 30, 2024 | 67.97 Bn |
| Jun 30, 2024 | 67.07 Bn |
| Mar 31, 2024 | 67.11 Bn |
| Dec 31, 2023 | 67.90 Bn |
| Sep 30, 2023 | 65.65 Bn |
| Jun 30, 2023 | 63.15 Bn |
| Mar 31, 2023 | 63.10 Bn |
| Dec 31, 2022 | 63.55 Bn |
| Sep 30, 2022 | 64.83 Bn |
| Jun 30, 2022 | 66.75 Bn |
| Mar 31, 2022 | 66.66 Bn |
| Dec 31, 2021 | 67.86 Bn |
| Sep 30, 2021 | 66.91 Bn |
| Jun 30, 2021 | 67.65 Bn |