Conocophillips (COP) Total Debt (2009 - 2026)
Conocophillips (COP) posted quarterly Total Debt of $23.3 billion for Q1 2026, down 1.92% year-over-year from $23.8 billion in Q1 2025, and little changed quarter-over-quarter from $23.4 billion in Q4 2025.
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 Q1 2026.
- In Q1 2026, Total Debt fell 1.92% year-over-year to $23.3 billion; the TTM figure through Mar 2026 stood at $23.3 billion (down 1.92% YoY), while the FY2025 annual figure was $23.4 billion, down 3.62% from the prior year.
- Total Debt held at $23.3 billion in Q1 2026 per COP's latest filing, from $23.4 billion in the prior quarter.
- Across five years, Total Debt topped out at $24.3 billion in Q4 2024 and bottomed at $15.3 billion in Q1 2023.
- Historically, Total Debt has averaged $19.8 billion across 5 years, with a median of $18.7 billion in 2022.
- Annual changes were most pronounced in 2022 — Total Debt fell 25.7% — and 2025, when it gained 29.14%.
- Conocophillips' Total Debt stood at $16.6 billion in 2022, then grew by 13.78% to $18.9 billion in 2023, then increased by 28.45% to $24.3 billion in 2024, then slipped by 3.62% to $23.4 billion in 2025, then dropped by 0.5% to $23.3 billion in 2026.
- Business Quant data shows COP's Total Debt at $23.3 billion in Q1 2026, $23.4 billion in Q4 2025, and $23.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 23.29 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 12.39 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 7.93 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 12.61 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 12.89 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 11.96 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 13.74 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 5.77 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 3.69 Bn |
Historic Data
Download 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 | 15.29 Bn |
| Dec 31, 2022 | 16.64 Bn |
| Sep 30, 2022 | 16.96 Bn |
| Jun 30, 2022 | 16.97 Bn |
| Mar 31, 2022 | 18.75 Bn |
| Dec 31, 2021 | 18.76 Bn |
| Sep 30, 2021 | 22.83 Bn |