Conocophillips (COP) Tax Provisions (2009 - 2026)

Conocophillips (COP) has reported Tax Provisions for 18 consecutive years, with $2.2 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Tax Provisions rose 105.64% year-over-year to $2.2 billion in Q2 2026; TTM through Jun 2026 was $5.3 billion, a 54.89% increase from a year earlier, with the FY2025 full-year figure at $4.7 billion, up 5.44% from the prior year.
• Tax Provisions was $2.2 billion for Q2 2026 at Conocophillips, up from $1.2 billion 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.
• A 5-year average of $1.5 billion and a median of $1.3 billion in 2023 frame the typical range for Tax Provisions.
• Across the five-year window, Tax Provisions tumbled 131.34% in 2024 and surged 303.81% in 2025, its largest moves.
• Over 5 years, Tax Provisions stood at $2.0 billion in 2022, then tumbled by 36.71% to $1.3 billion in 2023, then plunged by 131.34% to -$394.0 million in 2024, then surged by 303.81% to $803.0 million in 2025, then jumped by 167.87% to $2.2 billion in 2026.
• The last three Tax Provisions figures came in at $2.2 billion (Q2 2026), $1.2 billion (Q1 2026), and $803.0 million (Q4 2025), per Business Quant data.