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ConocoPhillips COP Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

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ChevronCVX
$3M-98.4%
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APA CorporationAPA
$0+100%
Devon Energy logo
Devon EnergyDVN
$25M-91.9%
Antero Resources logo
Antero ResourcesAR
$14.62M+2,777%
Comstock Resources logo
Comstock ResourcesCRK
-$2.49M-374%
Chord Energy logo
Chord EnergyCHRD
-$4K+99.2%

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$140.15B+19.2%
Enterprise value$156.95B+15.2%
P/E15.1×+2.3×
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:GainLossOnSaleOfPropertyPlantEquipment.

The source filing: ConocoPhillips’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:39 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001163165-26-000032
Line itemMillions of Dollars / Three Months Ended June 30 / 2026Millions of Dollars / Three Months Ended June 30 / 2025Millions of Dollars / Six Months Ended June 30 / 2026Millions of Dollars / Six Months Ended June 30 / 2025
Revenues and other income
Sales and other operating revenues$19,16114,00434,92230,521
Equity in earnings of affiliates239315486707
Gain (loss) on dispositions1431719396
Other income108104149217
Total revenues and other income19,52214,74035,57631,841
Costs and expenses
Purchased commodities6,7125,08512,99511,273

Item 1. Financial Statements

FAQ

What is ConocoPhillips's gain (loss) on disposal of assets?
ConocoPhillips (COP) reported gain (loss) on disposal of assets of $14M in Q2 2026.
How has ConocoPhillips's gain (loss) on disposal of assets changed year-over-year?
ConocoPhillips's gain (loss) on disposal of assets decreased by 95.6% year-over-year, from $317M to $14M.
What is the long-term trend for ConocoPhillips's gain (loss) on disposal of assets?
Over 2 years (2021 to 2025), ConocoPhillips's gain (loss) on disposal of assets has grown at a 22.6% compound annual growth rate (CAGR), from $486M to $731M.
What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

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