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Current Assets

Cash & Equivalents

ConocoPhillips Cash & Equivalents decreased by 9.7% to $6.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.6%, from $6.62B to $6.25B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 15.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2012
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher levels provide a buffer against market downturns and support capital flexibility, while excessive cash may suggest inefficient capital deployment.

Detailed definition

This includes highly liquid assets such as cash on hand, bank deposits, and short-term investments with original maturit...

Peer comparison

Varies by company strategy regarding cash reserves versus debt repayment or shareholder returns.

Metric ID: cash_and_equivalents

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.96B$10.19B$5.4B$6.74B$7.23B$8.32B$6.69B$7.22B$5.97B$9.08B$5.9B$5.85B$4.57B$5.52B$5.91B$6.62B$5.23B$5.6B$6.92B$6.25B
QoQ Change+46.4%-47.0%+24.8%+7.2%+15.1%-19.5%+7.8%-17.2%+51.9%-35.0%-0.9%-21.7%+20.7%+6.9%+12.1%-21.1%+7.1%+23.5%-9.7%
YoY Change+3.9%-18.4%+24.0%+7.1%-17.3%+9.1%-11.9%-19.0%-23.4%-39.2%+0.1%+13.3%+14.3%+1.4%+17.1%-5.6%
Range$4.57B$10.19B
CAGR-2.2%
Avg YoY Growth-2.8%
Median YoY Growth+0.7%

Frequently Asked Questions

What is ConocoPhillips's cash & equivalents?
ConocoPhillips (COP) reported cash & equivalents of $6.25B in Q1 2026.
How has ConocoPhillips's cash & equivalents changed year-over-year?
ConocoPhillips's cash & equivalents decreased by 5.6% year-over-year, from $6.62B to $6.25B.
What is the long-term trend for ConocoPhillips's cash & equivalents?
Over 5 years (2020 to 2025), ConocoPhillips's cash & equivalents has grown at a 15.8% compound annual growth rate (CAGR), from $3.32B to $6.92B.
What does cash & equivalents mean?
The total amount of cash and highly liquid investments the company has available for immediate use.