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ConocoPhillips COP Asset retirement obligations

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Other financials

Income statement

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Revenue$19.2B+36.8%
Gross profit$12.4B+39.6%
Net income$3.9B+99.4%
EPS (diluted)$3.23+107%

Balance sheet

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Cash & equivalents$7.0B+33.3%
Total debt$23.8B-0.6%
Total equity$65.3B-0.3%
Total assets$124.26B+1.4%

Cash flow

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Operating cash flow$7.4B+113%
CapEx$3.0B-8.9%
Free cash flow$1.3B+13.6%

Valuation

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Market cap$141.29B+21.0%
Enterprise value$158.09B+16.7%
P/E15.2×+2.5×
P/S2.2×+0.2×

Profitability

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Gross margin62%-1.5pp
Net margin14.7%-1.2pp
FCF margin12.3%-2.3pp

Returns & leverage

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Return on equity14.2%-1.8pp
Debt / equity0.4×0.0×
Current ratio1.5×+0.3×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:AssetRetirementObligation.

The source filing: ConocoPhillips’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 11:32 AM EST
Fiscal year
FY2025
Accession
0001163165-26-000009
Line itemMillions of Dollars / 2025Millions of Dollars / 2024
Asset retirement obligations$8,3648,215
Accrued environmental costs220206
Total asset retirement obligations and accrued environmental costs8,5848,421
Asset retirement obligations and accrued environmental costs due within one year*(370)(332)
Long-term asset retirement obligations and accrued environmental costs$8,2148,089

Item 8. Financial Statements and Supplementary Data

FAQ

What is ConocoPhillips's asset retirement obligations?
ConocoPhillips (COP) reported asset retirement obligations of $8.36B in Q4 2025.
How has ConocoPhillips's asset retirement obligations changed year-over-year?
ConocoPhillips's asset retirement obligations increased by 1.8% year-over-year, from $8.22B to $8.36B.
What is the long-term trend for ConocoPhillips's asset retirement obligations?
Over 5 years (2020 to 2025), ConocoPhillips's asset retirement obligations has grown at a 8.5% compound annual growth rate (CAGR), from $5.57B to $8.36B.
What does asset retirement obligations mean?
Estimated costs to dismantle, remove, and restore assets at the end of their useful lives — nuclear decommissioning, mine reclamation, oil well plugging.

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