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Equity

Share Repurchase Authorization Limit

ConocoPhillips Share Repurchase Authorization Limit increased by 44.4% to $65B in Q4 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionEquity
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2024Feb 17, 2026

How to read this metric

An increase signals management confidence and a commitment to returning excess cash to shareholders.

Detailed definition

This represents the total dollar value or share count that the board of directors has authorized the company to spend on...

Peer comparison

Commonly used by large-cap energy companies to manage share count and improve per-share metrics.

Metric ID: share_repurchase_authorization_limit

Historical Data

4 periods
 Q3 '22Q4 '22Q3 '24Q4 '24
Value$25B$45B$45B$65B
QoQ Change+80.0%+0.0%+44.4%
Range$25B$65B
Current Streak3+ quarters growth

Frequently Asked Questions

What is ConocoPhillips's share repurchase authorization limit?
ConocoPhillips (COP) reported share repurchase authorization limit of $65B in Q4 2024.
What does share repurchase authorization limit mean?
The maximum amount of money the company is allowed to spend on buying back its own shares.