Conocophillips (COP) Tax Provisions (2009 - 2026)

Conocophillips' Tax Provisions history runs 18 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

• In Q1 2026, Tax Provisions fell 27.03% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $4.2 billion (up 13.46% YoY), while the FY2025 annual figure was $4.7 billion, up 5.44% from the prior year.
• Tax Provisions was $1.2 billion for Q1 2026 at Conocophillips, up from $803.0 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $2.9 billion in Q3 2022 to a low of -$394.0 million in Q4 2024.
• Historically, Tax Provisions has averaged $1.4 billion across 5 years, with a median of $1.3 billion in 2023.
• The sharpest annual moves came in 2024 and 2025: Tax Provisions tumbled 131.34% in 2024, then jumped 303.81% in 2025.
• A 5-year view of Tax Provisions shows it stood at $2.0 billion in 2022, then plunged by 36.71% to $1.3 billion in 2023, then sank by 131.34% to -$394.0 million in 2024, then surged by 303.81% to $803.0 million in 2025, then jumped by 46.95% to $1.2 billion in 2026.
• The last three Tax Provisions figures came in at $1.2 billion (Q1 2026), $803.0 million (Q4 2025), and $1.2 billion (Q3 2025), per Business Quant data.