What is ConocoPhillips's gain (loss) on extinguishment of debt?

ConocoPhillips (COP) reported gain (loss) on extinguishment of debt of $500.00M in Q2 2025.

How has ConocoPhillips's gain (loss) on extinguishment of debt changed year-over-year?

ConocoPhillips's gain (loss) on extinguishment of debt increased by 1256.1% year-over-year, from -$43.25M to $500.00M.

What does gain (loss) on extinguishment of debt mean?

The profit or loss resulting from paying off debt early.

Discontinued — last reported Q2 '25

Gain (loss) on extinguishment of debt

ConocoPhillips Gain (loss) on extinguishment of debt remained flat by 0.0% to $500.00M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 1256.1%, from -$43.25M to $500.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement

SectionOther Income & Expense

CategoryLeverage

SignalHigher is better

VolatilityVolatile

First reportedQ3 2017

Last reportedQ2 2025

How to read this metric

A gain indicates favorable refinancing or market conditions, while a loss often reflects the cost of exiting high-interest debt to improve the balance sheet.

Detailed definition

This represents the financial gain or loss recognized when a company retires or refinances its debt obligations before t...

Peer comparison

Occasional non-operating item that reflects proactive balance sheet management in the energy sector.

Metric ID: is_gain_loss_on_debt_extinguishment

Historical Data

8 periods

	Q1 '22	Q2 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25
Value	-$28.00M	$27.00M	-$43.25M	-$43.25M	-$43.25M	-$43.25M	$500.00M	$500.00M
QoQ Change	—	+196.4%	-260.2%	+0.0%	+0.0%	+0.0%	>999%	+0.0%
YoY Change	—	—	—	-260.2%	—	—	>999%	>999%

Range-$43.25M – $500.00M

CAGR+419.2%

Avg YoY Growth+750.7%

Median YoY Growth>999%

Current Streak5 quarters growth

Frequently Asked Questions

What is ConocoPhillips's gain (loss) on extinguishment of debt?: ConocoPhillips (COP) reported gain (loss) on extinguishment of debt of $500.00M in Q2 2025.
How has ConocoPhillips's gain (loss) on extinguishment of debt changed year-over-year?: ConocoPhillips's gain (loss) on extinguishment of debt increased by 1256.1% year-over-year, from -$43.25M to $500.00M.
What does gain (loss) on extinguishment of debt mean?: The profit or loss resulting from paying off debt early.