Asset Retirement Obligation
ConocoPhillips Asset Retirement Obligation increased by 1.8% to $8.36B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.8%, from $8.22B to $8.36B. Over 5 years (FY 2020 to FY 2025), Asset Retirement Obligation shows an upward trend with a 8.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase reflects expanded operational footprints or rising costs for future environmental remediation, impacting long-term balance sheet leverage.
Detailed definition
This represents the total estimated long-term liability for the future retirement of tangible long-lived assets. It acco...
Peer comparison
Standard across oil and gas companies; magnitude is highly correlated with the scale and age of the company's asset base.
other_asset_retirement_obligationHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $5.93B | $6.38B | $7.23B | $8.22B | $8.36B |
| QoQ Change | — | +7.7% | +13.3% | +13.7% | +1.8% |
| YoY Change | — | +7.7% | +13.3% | +13.7% | +1.8% |
Asset Retirement Obligation at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's asset retirement obligation?
- ConocoPhillips (COP) reported asset retirement obligation of $8.36B in Q4 2025.
- How has ConocoPhillips's asset retirement obligation changed year-over-year?
- ConocoPhillips's asset retirement obligation increased by 1.8% year-over-year, from $8.22B to $8.36B.
- What is the long-term trend for ConocoPhillips's asset retirement obligation?
- Over 5 years (2020 to 2025), ConocoPhillips's asset retirement obligation has grown at a 8.5% compound annual growth rate (CAGR), from $5.57B to $8.36B.
- What does asset retirement obligation mean?
- The total estimated cost to dismantle and clean up assets at the end of their useful life.