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ConocoPhillips Balance Sheet Statement

Assets, liabilities, and shareholders' equity

ConocoPhillips holds $122.73B in total assets. Shareholders' equity is $64.5B against $23.3B in total debt. Cash and equivalents total $6.2B. The current ratio is 1.29 and debt-to-equity is 0.361. Based on the Q1 2026 filing.

Total Assets$122.73BTotal Stockholders Equity$64.5BLong Term Debt$23.3BCash And Equivalents$6.2BTotal Current Assets$16.2BTotal Current Liabilities$12.6B
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$144.94B
P/E Ratio19.80
ROE11.28%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$6.0B$7.3B$6.5B$6.2B$6.2B$7.0B
Accrued compensation$432.0M———$330.0M—
Accrued Environmental Liabilities$158.0M———$133.0M—
Compensation and benefits————$1.1B$505.0M
Other accrued liabilities————$1.8B$1.9B
Derivative Liabilities - Fair Value$480.0M$658.0M$558.0M$489.0M$538.0M$226.0M
Finance Lease Liability Payment Due$1.1B———$904.0M—
Finance Lease Liability - Undiscounted Excess Amount$122.0M———$103.0M—
Income taxes payable$2.5B$2.9B$1.7B$1.9B$1.8B$2.1B
Lease Liability Payments - 2021$354.0M———$363.0M—
Lease Liability Payments - Due Year Two$200.0M———$164.0M—
Lease Liability Payments - Due Year Three$159.0M———$181.0M—
Lease Liability Payments - Due Year Four$177.0M———$91.0M—
Lease Liability Payments - Due Year Five$88.0M———$57.0M—
Lease Liability Payments - Remainder of Fiscal Year$382.0M———$417.0M—
Operating lease liabilities, current$1.0B———$950.0M—
Operating Lease Liability Payments Due$1.1B———$1.0B—
Operating Lease Liability - Undiscounted Excess Amount$82.0M———$95.0M—
Payables to Broker Dealers and Clearing Organizations$5.0M———$2.0M—
Total current liabilities$12.1B$13.3B$11.0B$12.0B$12.0B$12.6B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$6.5B-$6.4B-$5.9B-$6.1B-$5.9B-$6.0B
Common Stock Shares Outstanding$113.0M———$44.0M—
Convertible Preferred Stock Authorized Shares500M———500M—
Convertible Preferred Stock Issued Shares0———0—
Convertible Preferred Stock Outstanding Shares0———0—
Additional paid-in capital————$77.7B$77.8B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively————$23.0M$23.0M
Treasury Stock, Value————$76.2B$77.2B
Number of Exercisable Options$113.0M———$44.0M—
Number of Vested and Expected to Vest Options$113.0M———$44.0M—
Preferred Stock Par Value Per Share$0.01———$0.01—
Retained earnings$96.0M$66.7B$67.7B$68.5B$112.0M$70.0B
Share-Based Payment Award Options Outstanding - Number2.1M———964.7K—
Share Repurchase Authorization Limit$65.0B—————
Total liabilities and stockholders' equity$122.8B$124.3B$122.6B$122.5B$121.9B$122.7B
Total stockholders' equity$64.8B$65.2B$65.6B$64.9B$64.5B$64.5B
Weighted Average Exercise Price of Exercisable Options$43.16———$48.17—
Weighted Average Exercise Price of Outstanding Options$43.16———$48.17—
Weighted Average Exercise Price of Vested and Expected to Vest Options$43.16———$48.17—

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asset retirement obligations$8.4B———$8.6B—
Contingent Consideration Liability (Non-Current)$145.0M———$0.0—
Debt Maturity - 2027$997.0M———$1.6B—
Deferred Credits$2.0B$1.9B$1.9B$1.8B$1.6B$1.6B
Operating Lease Liability Payments - 2026 (Lessee)$55.0M———$55.0M—
Lease Liability Payments - Due After Year Five$84.0M———$48.0M—
Long-term debt$24.3B$23.8B$23.5B$23.5B$23.4B$23.3B
Long-Term Debt and Finance Lease Obligations————$22.4B$22.3B
Asset Retirement Obligations and Accrued Environmental Cost Non Current————$8.2B$8.4B
Retirement and nonpension postretirement benefit obligations————$969.0M$944.0M
Total liabilities$58.0B$59.0B$57.0B$57.5B$538.0M$1.3B
Unrecognized Tax Benefits$377.0M———$374.0M—
Unrecognized Tax Benefits - Impacting Effective Tax Rate$368.0M———$365.0M—
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued$26.0M———$47.0M—

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Allowance for credit losses$0.0———$0.0—
Deferred Tax Assets - Foreign Tax Credits$1.2B—————
Available-for-sale securities$1.1B———$1.1B—
Accumulated Amortization on Finance Lease Assets$1.3B———$1.5B—
Long-term receivables, net$113.0M———$110.0M—
Net Operating Loss Carryforwards$4.9B———$4.0B—
Accounts and notes receivable————$5.8B$7.1B
Investments and long-term receivables————$10.2B$10.3B
Other non-current assets————$3.0B$3.0B
Property, plant and equipment, net————$93.2B$93.1B
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)————$484.0M$486.0M
Operating lease right-of-use assets0.05———0.05—
Other Investments$90.0M———$94.0M—
Accumulated depreciation$81.1B$82.9B$86.5B$87.5B$90.4B$93.5B
Total property and equipment, gross$175.4B———$183.6B—
Tax Credit Carryforward Valuation Allowance$6.4B———$5.9B—
Total assets$210.0M$124.3B$122.6B$122.5B$2.2B$122.7B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash and cash equivalents$5.6B$6.3B$4.9B$5.2B$6.5B$6.2B
Cash, Cash Equivalents, and Marketable Securities$1.6B———$1.6B—
Derivative Assets - Fair Value————$241.0M$298.0M
Raw materials and supplies inventory, gross————$873.0M$856.0M
Inventories$1.8B$1.8B$1.9B$1.7B$1.9B$1.9B
Prepaid expenses and other current assets$1.0B$1.4B$1.0B$2.2B$865.0M$906.0M
Restricted cash$298.0M$311.0M$325.0M$339.0M$354.0M—
Total current assets$15.6B$16.9B$13.9B$15.9B$15.5B$16.2B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Components13.00———13.00—
Accounts Receivable, after Allowance for Credit Loss————$4.4B$5.8B
Accrual for Environmental Loss Contingencies————$220.0M$230.0M
Allowance for doubtful accounts————$4.0M$4.0M
Total————$1.6B$1.6B
Available for sale investments————$1.6B$1.6B
Business Combination, Contingent Consideration, Liability————$0.0$78.0M
Cash and cash equivalents, carried at cost plus accrued interest————$6.5B$5.9B
Collateral already posted, aggregate fair value————$0.0$0.0
Common stock, par value (in dollars per share)————$0.01$0.01
Common stock, shares authorized (in shares)————2.5B2.5B
Common stock, shares issued (in shares)————2.3B2.3B
Short-term debt and current portion of long-term debt————$1.0B$1.1B
Deferred income taxes————$12.2B$12.4B
Derivative Asset, Subject to Master Netting Arrangement, after Offset————$235.0M$256.0M
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash, Offset Against Derivative Asset————$6.0M$42.0M
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset————$361.0M$1.0B
Total derivatives not subject to netting arrangements————$2.0M$5.0M
Derivative, gross, assets————$602.0M$1.3B
Derivatives, gross, liabilities————$537.0M$1.2B
Commodity derivatives————$538.0M$1.2B
Derivative Liability, Subject to Master Netting Arrangement, after Offset————$123.0M$181.0M
Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Offset————$53.0M$45.0M
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset————$361.0M$1.0B
Total derivatives not subject to netting arrangements————$1.0M$1.0M
Derivative, Net Liability Position, Aggregate Fair Value————$73.0M$73.0M
Energy Related Inventory, Crude Oil, Products and Merchandise————$1.0B$1.1B
Total Investments—$8.8B———$9.0B
Investments Fair Value Disclosure————$1.6B$1.6B
LIFO Inventory Amount————$609.0M$672.0M
Purchase Obligation—————$391.0M
Restructuring Reserve————$378.0M$139.0M
Partner recoveries—————$53.0M
Severance accrual, current—————$82.0M
Short-term investments, carried at cost plus accrued interest————$31.0M$27.0M
Treasury stock, shares (in shares)————1B1B
Weighted-Average Discount Rate0.03———0.03—