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ConocoPhillips COP Net pension liability increase

Net pension liability increase at other companies

ConocoPhillips logo
ConocoPhillipsCOP
-$24M
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-$191K-132%
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Darling Ingredients Inc.DAR
-$191K-132%
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Reading International, Inc.RDI
-$171K0.0%
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-$171K0.0%
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AdientADNT
$8M+300%

Other financials

Income statement

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Revenue$19.2B+36.8%
Gross profit$12.4B+39.6%
Net income$3.9B+99.4%
EPS (diluted)$3.23+107%

Balance sheet

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Cash & equivalents$7.0B+33.3%
Total debt$23.8B-0.6%
Total equity$65.3B-0.3%
Total assets$124.26B+1.4%

Cash flow

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Operating cash flow$7.4B+113%
CapEx$3.0B-8.9%
Free cash flow$1.3B+13.6%

Valuation

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Market cap$140.15B+19.2%
Enterprise value$156.95B+15.2%
P/E15.1×+2.3×
P/S2.2×+0.2×

Profitability

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Gross margin62%-1.5pp
Net margin14.7%-1.2pp
FCF margin12.3%-2.3pp

Returns & leverage

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Return on equity14.2%-1.8pp
Debt / equity0.4×0.0×
Current ratio1.5×+0.3×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPensionPlanObligations.

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

We recognized a proportionate share of prior actuarial losses from other comprehensive income as pension settlement expense of $5 million and $14 million for the three- and six-month periods ended June 30, 2026, respectively. In conjunction with the recognition of pension settlement expense, the fair market value of the pension plan assets was updated, and the pension benefit obligations of the U.S. qualified pension plan and the U.S. non-qualified supplemental retirement plan were remeasured at June 30, 2026. At the measurement date, the net pension liability decreased by $24 million, primarily due to an increase in the discount rate resulting in a corresponding increase to other comprehensive income.

Item 1. Financial Statements

FAQ

What is ConocoPhillips's net pension liability increase?
ConocoPhillips (COP) reported net pension liability increase of -$24M in Q2 2026.
What does net pension liability increase mean?
Net pension liability increase

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