Operating

Accretion Expense Including Asset Retirement Obligations

ConocoPhillips Accretion Expense Including Asset Retirement Obligations increased by 2.1% to $97.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $94.00M to $97.00M. Over 4 years (FY 2021 to FY 2025), Accretion Expense Including Asset Retirement Obligations shows an upward trend with a 11.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase reflects the growing present value of future environmental remediation obligations.

Detailed definition

This represents the periodic increase in the carrying amount of a liability for asset retirement obligations due to the...

Peer comparison

Specific to industries with heavy environmental regulatory requirements like waste management, mining, and oil and gas.

Metric ID: operating_accretion_expense_including_asset_retirement_o_a2cce7

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$63.00M$61.00M$56.00M$61.00M$61.00M$60.00M$68.00M$68.00M$68.00M$68.00M$79.00M$80.00M$80.00M$80.00M$85.00M$94.00M$95.00M$94.00M$95.00M$97.00M
QoQ Change-3.2%-8.2%+8.9%+0.0%-1.6%+13.3%+0.0%+0.0%+0.0%+16.2%+1.3%+0.0%+0.0%+6.3%+10.6%+1.1%-1.1%+1.1%+2.1%
YoY Change-3.2%-1.6%+21.4%+11.5%+11.5%+13.3%+16.2%+17.6%+17.6%+17.6%+7.6%+17.5%+18.8%+17.5%+11.8%+3.2%
Range$56.00M$97.00M
CAGR+9.5%
Avg YoY Growth+12.4%
Median YoY Growth+14.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is ConocoPhillips's accretion expense including asset retirement obligations?
ConocoPhillips (COP) reported accretion expense including asset retirement obligations of $97.00M in Q1 2026.
How has ConocoPhillips's accretion expense including asset retirement obligations changed year-over-year?
ConocoPhillips's accretion expense including asset retirement obligations increased by 3.2% year-over-year, from $94.00M to $97.00M.
What is the long-term trend for ConocoPhillips's accretion expense including asset retirement obligations?
Over 4 years (2021 to 2025), ConocoPhillips's accretion expense including asset retirement obligations has grown at a 11.8% compound annual growth rate (CAGR), from $242.00M to $378.00M.
What does accretion expense including asset retirement obligations mean?
The non-cash cost of interest-like growth in environmental cleanup liabilities.