Conocophillips (COP) Non-Current Deferred Tax Liability (2009 - 2026)
Conocophillips (COP) recorded quarterly Non-Current Deferred Tax Liability of $12.4 billion in Q1 2026, up 1.24% quarter-over-quarter from $12.2 billion in Q4 2025, and up 7.89% on a YoY basis from $11.5 billion in Q1 2025.
Conocophillips (COP) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
Conocophillips' Non-Current Deferred Tax Liability history runs 18 years deep, the most recent figure standing at $12.4 billion for Q1 2026.
- In Q1 2026, Non-Current Deferred Tax Liability rose 7.89% year-over-year to $12.4 billion; the TTM figure through Mar 2026 stood at $12.4 billion (up 7.89% YoY), while the FY2025 annual figure was $12.2 billion, down 22.82% from the prior year.
- Non-Current Deferred Tax Liability was $12.4 billion for Q1 2026 at Conocophillips, up from $12.2 billion in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $15.9 billion in Q4 2024 to a low of $6.6 billion in Q1 2022.
- Historically, Non-Current Deferred Tax Liability has averaged $9.8 billion across 5 years, with a median of $8.9 billion in 2024.
- The sharpest annual moves came in 2024 and 2025: Non-Current Deferred Tax Liability jumped 79.9% in 2024, then retreated 22.82% in 2025.
- A 5-year view of Non-Current Deferred Tax Liability shows it stood at $11.3 billion in 2022, then retreated by 22.27% to $8.8 billion in 2023, then jumped by 79.9% to $15.9 billion in 2024, then declined by 22.82% to $12.2 billion in 2025, then grew by 1.24% to $12.4 billion in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at $12.4 billion (Q1 2026), $12.2 billion (Q4 2025), and $12.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.39 Bn |
| Mar 31, 2026 | 12.39 Bn |
| Dec 31, 2025 | 12.24 Bn |
| Dec 31, 2025 | 12.24 Bn |
| Sep 30, 2025 | 12.11 Bn |
| Sep 30, 2025 | 12.11 Bn |
| Jun 30, 2025 | 11.77 Bn |
| Jun 30, 2025 | 11.77 Bn |
| Mar 31, 2025 | 11.48 Bn |
| Mar 31, 2025 | 11.48 Bn |
| Dec 31, 2024 | 15.86 Bn |
| Dec 31, 2024 | 15.86 Bn |
| Sep 30, 2024 | 8.99 Bn |
| Sep 30, 2024 | 8.99 Bn |
| Jun 30, 2024 | 8.93 Bn |
| Jun 30, 2024 | 8.93 Bn |
| Mar 31, 2024 | 8.78 Bn |
| Mar 31, 2024 | 8.78 Bn |
| Dec 31, 2023 | 8.81 Bn |
| Dec 31, 2023 | 8.81 Bn |