ConocoPhillips Total Segments — Capital expenditures and investments decreased by 12.9% to $2.92B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.9%, from $3.35B to $2.92B.
Higher spending indicates aggressive growth or maintenance investment, while lower spending may signal capital discipline or a focus on cash flow preservation.
The total cash outflows used by the segment to acquire, maintain, or upgrade physical assets such as drilling rigs, infr...
Standard industry metric known as 'CapEx' or 'Capital Spending', used to evaluate investment intensity relative to peers in the exploration and production sector.
cop_segment_total_segments_capital_expenditures_and_investments| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.53B | $2.53B | $2.53B | $2.53B | $2.91B | $2.91B | $2.91B | $2.91B | $3.35B | $2.92B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +15.2% | +0.0% | +0.0% | +0.0% | +15.2% | -12.9% |
| YoY Change | — | — | — | — | +15.2% | +15.2% | +15.2% | +15.2% | +15.2% | -12.9% |