Conocophillips (COP) Tax Provisions (2016 - 2026)

Conocophillips has reported Tax Provisions over the past 18 years, most recently at $1.2 billion for Q1 2026.

Quarterly Tax Provisions fell 27.03% to $1.2 billion in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $4.2 billion through Mar 2026, up 13.46% year-over-year, with the annual reading at $4.7 billion for FY2025, 5.44% up from the prior year.
Tax Provisions was $1.2 billion for Q1 2026 at Conocophillips, up from $803.0 million in the prior quarter.
Over five years, Tax Provisions peaked at $2.9 billion in Q3 2022 and troughed at -$394.0 million in Q4 2024.
The 5-year median for Tax Provisions is $1.3 billion (2023), against an average of $1.4 billion.
Year-over-year, Tax Provisions plummeted 131.34% in 2024 and then soared 303.81% in 2025.
A 5-year view of Tax Provisions shows it stood at $2.0 billion in 2022, then tumbled by 36.71% to $1.3 billion in 2023, then plummeted by 131.34% to -$394.0 million in 2024, then soared by 303.81% to $803.0 million in 2025, then surged by 46.95% to $1.2 billion in 2026.
Per Business Quant, the three most recent readings for COP's Tax Provisions are $1.2 billion (Q1 2026), $803.0 million (Q4 2025), and $1.2 billion (Q3 2025).

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