Operating Expenses
Accretion Expense
ConocoPhillips Accretion Expense increased by 2.1% to $97.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $94.00M to $97.00M. Over 4 years (FY 2021 to FY 2025), Accretion Expense shows an upward trend with a 11.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase is a standard accounting function of long-term liabilities and does not necessarily reflect operational performance.
Detailed definition
Accretion expense represents the periodic increase in the carrying amount of an asset retirement obligation (ARO) due to...
Peer comparison
Standard for companies with significant environmental or decommissioning liabilities.
Metric ID:
cop_accretion_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $63.00M | $61.00M | $56.00M | $61.00M | $61.00M | $60.00M | $68.00M | $68.00M | $68.00M | $68.00M | $79.00M | $80.00M | $80.00M | $80.00M | $85.00M | $94.00M | $95.00M | $94.00M | $95.00M | $97.00M |
| QoQ Change | — | -3.2% | -8.2% | +8.9% | +0.0% | -1.6% | +13.3% | +0.0% | +0.0% | +0.0% | +16.2% | +1.3% | +0.0% | +0.0% | +6.3% | +10.6% | +1.1% | -1.1% | +1.1% | +2.1% |
| YoY Change | — | — | — | — | -3.2% | -1.6% | +21.4% | +11.5% | +11.5% | +13.3% | +16.2% | +17.6% | +17.6% | +17.6% | +7.6% | +17.5% | +18.8% | +17.5% | +11.8% | +3.2% |
Range$56.00M – $97.00M
CAGR+9.5%
Avg YoY Growth+12.4%
Median YoY Growth+14.8%
Current Streak2 quarters growth
Accretion Expense at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's accretion expense?
- ConocoPhillips (COP) reported accretion expense of $97.00M in Q1 2026.
- How has ConocoPhillips's accretion expense changed year-over-year?
- ConocoPhillips's accretion expense increased by 3.2% year-over-year, from $94.00M to $97.00M.
- What is the long-term trend for ConocoPhillips's accretion expense?
- Over 4 years (2021 to 2025), ConocoPhillips's accretion expense has grown at a 11.8% compound annual growth rate (CAGR), from $242.00M to $378.00M.
- What does accretion expense mean?
- The non-cash expense representing the growth of future environmental cleanup liabilities over time.