Conocophillips (COP) Research & Development (2009 - 2026)
Conocophillips' Research & Development came in at $75 million for Q2 2026, down 7.4% from $81 million a year earlier and down 31.2% from the prior quarter.
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Analysis
Conocophillips (COP) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Conocophillips reported Research & Development of $393 million, up 15.9% year-over-year; for FY2025, it was $407 million, up 14.6% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -22.5% (FY2020 to FY2025).
- Going back by year, Research & Development was $355 million in FY2024 (-10.8%), $398 million in FY2023 (-29.4%), $564 million in FY2022 (+64.0%) and $344 million in FY2021 (-76.4%).
- The five-year range for quarterly Research & Development is $65 million (Q3 2021) to $263 million (Q4 2022).
- Year-over-year, Research & Development increased in three of the last eight quarters, with growth averaging 3.1%.
- The fastest year-over-year change in Research & Development over five years came in Q2 2022 (growth of 150.9%), and the weakest in Q4 2021 (a decline of 86.8%).
- Business Quant data shows COP's Research & Development at $109 million (Q1 2026), $138 million (Q4 2025) and $71 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 277.00 Mn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 256.00 Mn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | -95.00 Mn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 75.00 Mn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -189.00 Mn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | - |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Eog Resources | 73.77 Bn | 58.09 Bn | - | 47.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.00 Mn |
| Mar 31, 2026 | 109.00 Mn |
| Dec 31, 2025 | 138.00 Mn |
| Sep 30, 2025 | 71.00 Mn |
| Jun 30, 2025 | 81.00 Mn |
| Mar 31, 2025 | 117.00 Mn |
| Dec 31, 2024 | 71.00 Mn |
| Sep 30, 2024 | 70.00 Mn |
| Jun 30, 2024 | 102.00 Mn |
| Mar 31, 2024 | 112.00 Mn |
| Dec 31, 2023 | 85.00 Mn |
| Sep 30, 2023 | 92.00 Mn |
| Jun 30, 2023 | 83.00 Mn |
| Mar 31, 2023 | 138.00 Mn |
| Dec 31, 2022 | 263.00 Mn |
| Sep 30, 2022 | 89.00 Mn |
| Jun 30, 2022 | 143.00 Mn |
| Mar 31, 2022 | 69.00 Mn |
| Dec 31, 2021 | 138.00 Mn |
| Sep 30, 2021 | 65.00 Mn |
API Access
Conocophillips Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=COP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "COP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=COP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();