Conocophillips (COP) Other Operating Expenses (2009 - 2026)
Conocophillips (COP) posted quarterly Other Operating Expenses of $41.0 million for Q1 2026, down 48.1% year-over-year from $79.0 million in Q1 2025, and down 76.97% quarter-over-quarter from $178.0 million in Q4 2025.
Conocophillips (COP) Other Operating Expenses (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Other Operating Expenses for 18 consecutive years, with $41.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Other Operating Expenses fell 48.1% year-over-year to $41.0 million; the TTM figure through Mar 2026 stood at $539.0 million (up 590.0% YoY), while the FY2025 annual figure was $538.0 million, up 954.9% from the prior year.
- Other Operating Expenses declined to $41.0 million in Q1 2026 per COP's latest filing, from $178.0 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $669.0 million in Q4 2022 and bottomed at -$305.0 million in Q4 2024.
- Historically, Other Operating Expenses has averaged $144.7 million across 5 years, with a median of $118.0 million in 2024.
- Annual changes were most pronounced in 2022 — Other Operating Expenses surged 3900.0% — and 2024, when it sank 207.02%.
- Conocophillips' Other Operating Expenses stood at $669.0 million in 2022, then plunged by 57.4% to $285.0 million in 2023, then tumbled by 207.02% to -$305.0 million in 2024, then jumped by 158.36% to $178.0 million in 2025, then plunged by 76.97% to $41.0 million in 2026.
- Business Quant data shows COP's Other Operating Expenses at $41.0 million in Q1 2026, $178.0 million in Q4 2025, and $3.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 163.73 Bn | 156.04 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.48 Bn | 104.59 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.34 Bn | 75.43 Bn | - |
| 4 | Diamondback Energy | 59.62 Bn | 59.16 Bn | 5.55 Bn |
| 5 | Devon Energy | 46.20 Bn | 45.19 Bn | 6.02 Bn |
| 6 | Woodside Energy | 46.09 Bn | 40.15 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.35 Bn | 35.20 Bn | 7.73 Bn |
| 8 | Eqt | 33.91 Bn | 33.80 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.41 Bn | 26.16 Bn | - |
| 10 | Expand Energy | 23.06 Bn | 21.80 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 108.00 Mn |
| Mar 31, 2026 | 41.00 Mn |
| Dec 31, 2025 | 178.00 Mn |
| Sep 30, 2025 | 3.00 Mn |
| Jun 30, 2025 | 317.00 Mn |
| Mar 31, 2025 | 79.00 Mn |
| Dec 31, 2024 | -305.00 Mn |
| Sep 30, 2024 | -2.00 Mn |
| Jun 30, 2024 | 118.00 Mn |
| Mar 31, 2024 | 114.00 Mn |
| Dec 31, 2023 | 285.00 Mn |
| Sep 30, 2023 | 120.00 Mn |
| Jun 30, 2023 | 122.00 Mn |
| Mar 31, 2023 | 93.00 Mn |
| Dec 31, 2022 | 669.00 Mn |
| Sep 30, 2022 | 80.00 Mn |
| Jun 30, 2022 | 262.00 Mn |
| Mar 31, 2022 | 286.00 Mn |
| Dec 31, 2021 | 319.00 Mn |
| Sep 30, 2021 | 2.00 Mn |