Equity

Share Repurchase Authorization Limit

ConocoPhillips Share Repurchase Authorization Limit increased by 44.4% to $65.00B in Q4 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2024Feb 17, 2026

How to read this metric

Higher limits suggest strong cash flow and management's belief that the stock is undervalued.

Detailed definition

This is the maximum dollar value or share count authorized by the Board of Directors for the repurchase of the company's...

Peer comparison

Common among mature, cash-generative companies seeking to optimize their capital structure.

Metric ID: share_repurchase_authorization_limit

Historical Data

4 periods
 Q3 '22Q4 '22Q3 '24Q4 '24
Value$25.00B$45.00B$45.00B$65.00B
QoQ Change+80.0%+0.0%+44.4%
Range$25.00B$65.00B
Current Streak3+ quarters growth

Frequently Asked Questions

What is ConocoPhillips's share repurchase authorization limit?
ConocoPhillips (COP) reported share repurchase authorization limit of $65.00B in Q4 2024.
What does share repurchase authorization limit mean?
The maximum amount the company is allowed to spend on buying back its own stock.