Capital expenditures and investments
ConocoPhillips Capital expenditures and investments decreased by 2.5% to $2.95B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.7%, from $3.38B to $2.95B. Over 4 years (FY 2021 to FY 2025), Capital expenditures and investments shows an upward trend with a 23.9% CAGR.
Analysis
How to read this metric
Higher spending indicates growth investment, while lower spending may suggest a focus on cash preservation or asset maturity.
Detailed definition
The total cash outflows for the acquisition of property, plant, equipment, and other long-term assets within a specific...
Peer comparison
Standard disclosure in segment reporting for capital-intensive industries like energy, manufacturing, and telecommunications.
other_segment_reporting_information_capital_expenditures_0f7cc6Historical Data
| 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 | $1.33B | $1.33B | $1.33B | $2.54B | $2.54B | $2.54B | $2.54B | $2.81B | $2.81B | $2.81B | $2.81B | $2.92B | $2.97B | $2.92B | $3.32B | $3.38B | $3.29B | $2.87B | $3.02B | $2.95B |
| QoQ Change | — | +0.0% | +0.0% | +90.8% | +0.0% | +0.0% | +0.0% | +10.7% | +0.0% | +0.0% | +0.0% | +3.7% | +1.8% | -1.8% | +13.8% | +1.8% | -2.7% | -12.8% | +5.5% | -2.5% |
| YoY Change | — | — | — | — | +90.8% | +90.8% | +90.8% | +10.7% | +10.7% | +10.7% | +10.7% | +3.7% | +5.6% | +3.7% | +18.0% | +15.8% | +10.7% | -1.7% | -8.9% | -12.7% |
Business Segments — Total Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Lower 48 | $1.65B | $1.65B | $1.59B | $1.81B | $1.70B | $1.57B | — | $1.51B |
| Alaska Segment | $691.00M | $691.00M | $1.09B | $1.05B | $986.00M | $753.00M | $822.00M | $949.00M |
| EMENA | $227.00M | $248.00M | $327.00M | $274.00M | $356.00M | $293.00M | $271.00M | $262.00M |
| Canada Operating Segment | $131.00M | $136.00M | $132.00M | $165.00M | $144.00M | $152.00M | $132.00M | $121.00M |
| Asia Pacific Operating Segment | $90.00M | $100.00M | $135.00M | $54.00M | $64.00M | $70.00M | $154.00M | $82.00M |
| Lower Forty Eight | $1.65B | $1.65B | — | — | — | — | $1.61B | — |
| Other International | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total | $2.97B | $2.92B | $3.32B | $3.38B | $3.29B | $2.87B | $3.02B | $2.95B |
Other International was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Other International
| Segment | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|
| Other International | $0.00 | $0.00 | $0.00 |
| Total | $2.92B | $2.97B | $2.92B |
Other International was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Capital expenditures and investments at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's capital expenditures and investments?
- ConocoPhillips (COP) reported capital expenditures and investments of $2.95B in Q1 2026.
- How has ConocoPhillips's capital expenditures and investments changed year-over-year?
- ConocoPhillips's capital expenditures and investments decreased by 12.7% year-over-year, from $3.38B to $2.95B.
- What is the long-term trend for ConocoPhillips's capital expenditures and investments?
- Over 4 years (2021 to 2025), ConocoPhillips's capital expenditures and investments has grown at a 23.9% compound annual growth rate (CAGR), from $5.32B to $12.55B.
- What does capital expenditures and investments mean?
- The amount of money invested in long-term assets for a specific business segment.