Conocophillips (COP) Operating Expenses (2016 - 2025)

Conocophillips has reported Operating Expenses over the past 17 years, most recently at $2.6 billion for Q4 2025.

Quarterly results put Operating Expenses at $2.6 billion for Q4 2025, up 13.41% from a year ago — trailing twelve months through Dec 2025 was $10.3 billion (up 18.06% YoY), and the annual figure for FY2025 was $10.3 billion, up 18.06%.
Operating Expenses for Q4 2025 was $2.6 billion at Conocophillips, roughly flat from $2.6 billion in the prior quarter.
Over the last five years, Operating Expenses for COP hit a ceiling of $2.6 billion in Q3 2025 and a floor of $1.4 billion in Q2 2021.
Median Operating Expenses over the past 5 years was $1.9 billion (2023), compared with a mean of $2.0 billion.
Biggest five-year swings in Operating Expenses: soared 44.24% in 2021 and later increased 7.85% in 2023.
Conocophillips' Operating Expenses stood at $1.5 billion in 2021, then increased by 22.16% to $1.9 billion in 2022, then grew by 7.85% to $2.0 billion in 2023, then increased by 13.67% to $2.3 billion in 2024, then increased by 13.41% to $2.6 billion in 2025.
The last three reported values for Operating Expenses were $2.6 billion (Q4 2025), $2.6 billion (Q3 2025), and $2.6 billion (Q2 2025) per Business Quant data.

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