What is ConocoPhillips's change in inventories?

ConocoPhillips (COP) reported change in inventories of $39M in Q1 2026.

How has ConocoPhillips's change in inventories changed year-over-year?

ConocoPhillips's change in inventories increased by 50.0% year-over-year, from $26M to $39M.

What does change in inventories mean?

Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.

ConocoPhillips COP Change in Inventories

Change in Inventories at other companies

Occidental PetroleumOXY

$26M—

EOG ResourcesEOG

-$21M+72.4%

APA CorporationAPA

-$1M+92.9%

MTD

Matador ResourcesMTDR

-$1.05M-110%

Chord EnergyCHRD

-$14.98M-258%

Other financials

Income statement

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Revenue$15.8B-4.6%

Gross profit$9.5B-8.2%

Net income$2.2B-23.4%

EPS (diluted)$1.78-20.2%

Balance sheet

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Cash & equivalents$6.2B-5.6%

Total debt$23.3B-4.5%

Total equity$64.5B-1.1%

Total assets$122.73B-1.2%

Cash flow

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Operating cash flow$4.3B-29.8%

CapEx$3.0B-75.5%

Free cash flow$1.3B—

Valuation

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Market cap$126.65B+10.4%

Enterprise value$143.71B+7.7%

P/E17.3×+4.8×

P/S2.2×+0.2×

Profitability

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Gross margin61.5%-2.2pp

Net margin12.6%-4.0pp

FCF margin12.3%—

Returns & leverage

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Return on equity11.3%-5.4pp

Debt / equity0.4×0.0×

Current ratio1.3×0.0×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInventories.

The official record: ConocoPhillips’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ConocoPhillips's change in inventories?: ConocoPhillips (COP) reported change in inventories of $39M in Q1 2026.
How has ConocoPhillips's change in inventories changed year-over-year?: ConocoPhillips's change in inventories increased by 50.0% year-over-year, from $26M to $39M.
What does change in inventories mean?: Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.