Conocophillips (COP) Profit After Tax (2009 - 2026)
Conocophillips (COP) posted quarterly Profit After Tax of $2.2 billion for Q1 2026, down 23.38% year-over-year from $2.8 billion in Q1 2025, and up 51.39% quarter-over-quarter from $1.4 billion in Q4 2025.
Conocophillips (COP) Profit After Tax (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Profit After Tax for 18 consecutive years, with $2.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax fell 23.38% year-over-year to $2.2 billion; the TTM figure through Mar 2026 stood at $7.3 billion (down 23.27% YoY), while the FY2025 annual figure was $8.0 billion, down 13.6% from the prior year.
- Profit After Tax rose to $2.2 billion in Q1 2026 per COP's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Profit After Tax topped out at $5.8 billion in Q1 2022 and bottomed at $119.0 million in Q4 2023.
- Historically, Profit After Tax has averaged $2.7 billion across 5 years, with a median of $2.3 billion in 2024.
- Annual changes were most pronounced in 2023 — Profit After Tax plunged 96.34% — and 2024, when it soared 1837.82%.
- Conocophillips' Profit After Tax stood at $3.2 billion in 2022, then slumped by 96.34% to $119.0 million in 2023, then jumped by 1837.82% to $2.3 billion in 2024, then tumbled by 37.47% to $1.4 billion in 2025, then soared by 51.39% to $2.2 billion in 2026.
- Business Quant data shows COP's Profit After Tax at $2.2 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.7 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 3.26 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 2.73 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 2.17 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.91 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 153.93 Mn |
| 10 | Expand Energy | 22.89 Bn | 21.63 Bn | 2.33 Bn | 522.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.93 Bn |
| Mar 31, 2026 | 2.18 Bn |
| Dec 31, 2025 | 1.44 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.97 Bn |
| Mar 31, 2025 | 2.85 Bn |
| Dec 31, 2024 | 2.31 Bn |
| Sep 30, 2024 | 2.06 Bn |
| Jun 30, 2024 | 2.33 Bn |
| Mar 31, 2024 | 2.55 Bn |
| Dec 31, 2023 | 119.00 Mn |
| Sep 30, 2023 | 2.80 Bn |
| Jun 30, 2023 | 2.23 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Dec 31, 2022 | 3.25 Bn |
| Sep 30, 2022 | 4.53 Bn |
| Jun 30, 2022 | 5.15 Bn |
| Mar 31, 2022 | 5.76 Bn |
| Dec 31, 2021 | 2.63 Bn |
| Sep 30, 2021 | 2.38 Bn |