What is ConocoPhillips's derivative, gross, assets?

ConocoPhillips (COP) reported derivative, gross, assets of $1.32B in Q1 2026.

What does derivative, gross, assets mean?

The total market value of all derivative contracts that currently have a positive value for the company.

ConocoPhillips Derivative, gross, assets increased by 118.4% to $1.32B in Q1 2026 compared to the prior quarter.

StatementBalance Sheet Statement

SectionOther

CategoryRisk

SignalContext dependent

VolatilityVolatile

First reportedQ4 2025

Last reportedQ1 2026

An increase indicates that the company's hedging positions are gaining value, potentially offsetting risks in the underlying physical assets.

This represents the aggregate fair market value of all derivative financial instruments that are in an asset position at...

Highly dependent on market conditions; peers in the energy sector often show significant fluctuations based on commodity price cycles.

Metric ID: other_derivative_fair_value_of_derivative_asset

2 periods

	Q4 '25	Q1 '26
Value	$602.00M	$1.32B
QoQ Change	—	+118.4%

Range$602.00M – $1.32B

What is ConocoPhillips's derivative, gross, assets?: ConocoPhillips (COP) reported derivative, gross, assets of $1.32B in Q1 2026.
What does derivative, gross, assets mean?: The total market value of all derivative contracts that currently have a positive value for the company.