Conocophillips (COP) Prepaid Assets (2009 - 2026)
Conocophillips (COP) posted quarterly Prepaid Assets of $906.0 million for Q1 2026, down 36.51% year-over-year from $1.4 billion in Q1 2025, and up 4.74% quarter-over-quarter from $865.0 million in Q4 2025.
Conocophillips (COP) Prepaid Assets (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Prepaid Assets for 18 consecutive years, with $906.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Prepaid Assets fell 36.51% year-over-year to $906.0 million; the TTM figure through Mar 2026 stood at $906.0 million (down 36.51% YoY), while the FY2025 annual figure was $865.0 million, down 15.94% from the prior year.
- Prepaid Assets grew to $906.0 million in Q1 2026 per COP's latest filing, from $865.0 million in the prior quarter.
- Across five years, Prepaid Assets topped out at $2.2 billion in Q3 2025 and bottomed at $738.0 million in Q3 2023.
- Historically, Prepaid Assets has averaged $1.1 billion across 5 years, with a median of $963.0 million in 2024.
- Annual changes were most pronounced in 2022 — Prepaid Assets jumped 159.14% — and 2023, when it slumped 49.14%.
- Conocophillips' Prepaid Assets stood at $1.2 billion in 2022, then declined by 28.94% to $852.0 million in 2023, then increased by 20.77% to $1.0 billion in 2024, then dropped by 15.94% to $865.0 million in 2025, then advanced by 4.74% to $906.0 million in 2026.
- Business Quant data shows COP's Prepaid Assets at $906.0 million in Q1 2026, $865.0 million in Q4 2025, and $2.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 163.69 Bn | 156.00 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.39 Bn | 104.50 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.10 Bn | 75.19 Bn | - |
| 4 | Diamondback Energy | 59.33 Bn | 58.87 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.05 Bn | 45.04 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.50 Bn | 35.35 Bn | 7.73 Bn |
| 8 | Eqt | 33.85 Bn | 33.74 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.34 Bn | 26.10 Bn | - |
| 10 | Expand Energy | 23.01 Bn | 21.75 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.67 Bn |
| Mar 31, 2026 | 906.00 Mn |
| Dec 31, 2025 | 865.00 Mn |
| Sep 30, 2025 | 2.16 Bn |
| Jun 30, 2025 | 1.00 Bn |
| Mar 31, 2025 | 1.43 Bn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 881.00 Mn |
| Jun 30, 2024 | 963.00 Mn |
| Mar 31, 2024 | 759.00 Mn |
| Dec 31, 2023 | 852.00 Mn |
| Sep 30, 2023 | 738.00 Mn |
| Jun 30, 2023 | 919.00 Mn |
| Mar 31, 2023 | 953.00 Mn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 1.45 Bn |
| Jun 30, 2022 | 1.29 Bn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 1.58 Bn |
| Sep 30, 2021 | 1.75 Bn |