Current Assets
Inventories
ConocoPhillips Inventories increased by 2.0% to $1.91B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.6%, from $1.84B to $1.91B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 13.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase may signal rising production levels or a buildup due to logistical constraints or weak market demand.
Detailed definition
This includes the value of raw materials, work-in-progress, and finished goods, such as extracted oil and gas held in st...
Peer comparison
Highly dependent on the specific commodity cycle and the company's logistics and storage capabilities.
Metric ID:
inventoriesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.14B | $1.04B | $1.21B | $1.17B | $1.23B | $1.23B | $1.22B | $1.26B | $1.24B | $1.33B | $1.4B | $1.44B | $1.45B | $1.5B | $1.81B | $1.84B | $1.9B | $1.72B | $1.87B | $1.91B |
| QoQ Change | — | -8.3% | +15.8% | -2.8% | +5.1% | -0.6% | -0.6% | +3.2% | -1.7% | +7.3% | +5.4% | +3.2% | +0.3% | +3.4% | +20.9% | +1.9% | +2.9% | -9.3% | +8.8% | +2.0% |
| YoY Change | — | — | — | — | +8.4% | +17.5% | +0.9% | +7.2% | +0.2% | +8.2% | +14.7% | +14.7% | +17.1% | +12.8% | +29.4% | +27.8% | +31.1% | +15.0% | +3.5% | +3.6% |
Range$1.04B – $1.91B
CAGR+11.5%
Avg YoY Growth+13.3%
Median YoY Growth+13.8%
Current Streak2 quarters growth
Inventories at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's inventories?
- ConocoPhillips (COP) reported inventories of $1.91B in Q1 2026.
- How has ConocoPhillips's inventories changed year-over-year?
- ConocoPhillips's inventories increased by 3.6% year-over-year, from $1.84B to $1.91B.
- What is the long-term trend for ConocoPhillips's inventories?
- Over 5 years (2020 to 2025), ConocoPhillips's inventories has grown at a 13.3% compound annual growth rate (CAGR), from $1B to $1.87B.
- What does inventories mean?
- The value of the company's unsold products and materials held for production or sale.