Conocophillips (COP) Total Debt (2009 - 2026)
Conocophillips' (COP) quarterly Total Debt came in at $23.3 billion in Q2 2026, down 1.02% year-over-year from $23.5 billion in Q2 2025, and little changed quarter-over-quarter from $23.3 billion in Q1 2026.
Analysis
Conocophillips (COP) Total Debt (2009 - 2026) Analysis & Trends
Conocophillips (COP) has reported Total Debt for 18 consecutive years, with $23.3 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Total Debt fell 1.02% year-over-year to $23.3 billion in Q2 2026; TTM through Jun 2026 was $23.3 billion, a 1.02% decrease from a year earlier, with the FY2025 full-year figure at $23.4 billion, down 3.62% from the prior year.
- Total Debt was $23.3 billion for Q2 2026 at Conocophillips, roughly flat from $23.3 billion in the prior quarter.
- Over five years, Total Debt peaked at $24.3 billion in Q4 2024 and troughed at $16.4 billion in Q2 2023.
- A 5-year average of $20.0 billion and a median of $18.9 billion in 2022 frame the typical range for Total Debt.
- Across the five-year window, Total Debt plunged 30.91% in 2022 and rose 29.14% in 2025, its largest moves.
- Over 5 years, Total Debt stood at $16.7 billion in 2022, then rose by 13.44% to $18.9 billion in 2023, then climbed by 28.45% to $24.3 billion in 2024, then retreated by 3.62% to $23.4 billion in 2025, then decreased by 0.66% to $23.3 billion in 2026.
- The last three Total Debt figures came in at $23.3 billion (Q2 2026), $23.3 billion (Q1 2026), and $23.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 165.63 Bn | 157.94 Bn | 12.81 Bn | 23.29 Bn |
| 2 | Canadian Natural Resources | 107.13 Bn | 105.24 Bn | 8.84 Bn | 12.39 Bn |
| 3 | Eog Resources | 77.02 Bn | 72.12 Bn | - | 7.93 Bn |
| 4 | Diamondback Energy | 57.32 Bn | 56.86 Bn | 5.55 Bn | 12.65 Bn |
| 5 | Devon Energy | 46.11 Bn | 45.10 Bn | 6.02 Bn | 14.38 Bn |
| 6 | Expand Energy | 22.90 Bn | 21.64 Bn | 2.33 Bn | 3.69 Bn |
| 7 | Permian Resources | 19.93 Bn | 19.66 Bn | - | 2.99 Bn |
| 8 | Ovintiv | 18.00 Bn | 17.12 Bn | 2.83 Bn | 3.73 Bn |
| 9 | Apa | 15.81 Bn | 15.36 Bn | 2.28 Bn | 3.74 Bn |
| 10 | Antero Resources | 12.06 Bn | 11.49 Bn | 1.56 Bn | 2.61 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.29 Bn |
| Mar 31, 2026 | 23.33 Bn |
| Dec 31, 2025 | 23.44 Bn |
| Sep 30, 2025 | 23.48 Bn |
| Jun 30, 2025 | 23.53 Bn |
| Mar 31, 2025 | 23.78 Bn |
| Dec 31, 2024 | 24.32 Bn |
| Sep 30, 2024 | 18.30 Bn |
| Jun 30, 2024 | 18.35 Bn |
| Mar 31, 2024 | 18.42 Bn |
| Dec 31, 2023 | 18.94 Bn |
| Sep 30, 2023 | 19.06 Bn |
| Jun 30, 2023 | 16.44 Bn |
| Mar 31, 2023 | 16.61 Bn |
| Dec 31, 2022 | 16.69 Bn |
| Sep 30, 2022 | 16.99 Bn |
| Jun 30, 2022 | 17.00 Bn |
| Mar 31, 2022 | 18.77 Bn |
| Dec 31, 2021 | 19.96 Bn |
| Sep 30, 2021 | 23.75 Bn |