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ConocoPhillips COP Impairment Charges
Impairment Charges at other companies
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Where this comes from
Reported directly by ConocoPhillips in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
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 item | Millions of Dollars / Three Months Ended June 30 / 2026 | Millions of Dollars / Three Months Ended June 30 / 2025 | Millions of Dollars / Six Months Ended June 30 / 2026 | Millions of Dollars / Six Months Ended June 30 / 2025 |
|---|---|---|---|---|
| Selling, general and administrative expenses | 188 | 250 | 381 | 441 |
| Exploration expenses | 75 | 81 | 184 | 198 |
| Depreciation, depletion and amortization | 2,983 | 2,838 | 5,889 | 5,584 |
| Impairments | 2 | 1 | 21 | 2 |
| Taxes other than income taxes | 793 | 572 | 1,400 | 1,123 |
| Accretion on discounted liabilities | 99 | 95 | 196 | 189 |
| Interest and debt expense | 182 | 232 | 380 | 437 |
| Foreign currency transaction (gain) loss | (25) | (3) | (25) | 27 |
Item 1. Financial Statements
FAQ
- What is ConocoPhillips's impairment charges?
- ConocoPhillips (COP) reported impairment charges of $2M in Q2 2026.
- How has ConocoPhillips's impairment charges changed year-over-year?
- ConocoPhillips's impairment charges increased by 100.0% year-over-year, from $1M to $2M.
- What is the long-term trend for ConocoPhillips's impairment charges?
- Over 4 years (2021 to 2025), ConocoPhillips's impairment charges has grown at a -55.7% compound annual growth rate (CAGR), from $674M to $26M.
- What does impairment charges mean?
- Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.
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