Business Segments · Total Assets
Lower 48 — Total Assets
ConocoPhillips Lower 48 — Total Assets increased by 1.2% to $62.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $66.29B to $62.68B.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2020
Last reportedQ1 2026
Rolls up toTotal Assets
How to read this metric
An increase suggests significant capital investment or asset acquisition, while a decrease may reflect asset depreciation, impairment, or divestment.
Detailed definition
This metric represents the total book value of all tangible and intangible assets specifically attributed to the Lower 4...
Peer comparison
Comparable to segment-specific asset bases reported by other upstream oil and gas producers.
Metric ID:
cop_segment_lower_48_assetsHistorical Data
7 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $41.70B | $42.95B | $42.42B | $66.98B | $66.29B | $61.93B | $62.68B |
| QoQ Change | — | +3.0% | -1.2% | +57.9% | -1.0% | -6.6% | +1.2% |
| YoY Change | — | +3.0% | -1.2% | +57.9% | — | -7.5% | -5.5% |
Range$41.70B – $66.98B
CAGR+31.2%
Avg YoY Growth+9.3%
Median YoY Growth-1.2%
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Frequently Asked Questions
- What is ConocoPhillips's lower 48 — total assets?
- ConocoPhillips (COP) reported lower 48 — total assets of $62.68B in Q1 2026.
- How has ConocoPhillips's lower 48 — total assets changed year-over-year?
- ConocoPhillips's lower 48 — total assets decreased by 5.5% year-over-year, from $66.29B to $62.68B.
- What does lower 48 — total assets mean?
- The total value of all assets owned by the company within the Lower 48 region.