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
DateValue
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