Total Assets
ConocoPhillips Total Assets increased by 0.6% to $122.73B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.2%, from $124.25B to $122.73B. Over 5 years (FY 2020 to FY 2025), Total Assets shows an upward trend with a 14.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth in total assets generally signals company expansion, though it must be balanced against the debt or equity used to finance that growth.
Detailed definition
This is the sum of all current and non-current assets owned by the company, representing the total economic resources co...
Peer comparison
Total assets are highly dependent on the company's size and business model, making peer comparison most effective when normalized by production volume.
total_assetsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $85.40B | $87.30B | $90.66B | $93.31B | $93.69B | $94.84B | $93.83B | $91.44B | $89.61B | $93.65B | $95.92B | $95.35B | $95.99B | $96.70B | $122.78B | $124.25B | $122.60B | $122.47B | $121.94B | $122.73B |
| QoQ Change | — | +2.2% | +3.8% | +2.9% | +0.4% | +1.2% | -1.1% | -2.5% | -2.0% | +4.5% | +2.4% | -0.6% | +0.7% | +0.7% | +27.0% | +1.2% | -1.3% | -0.1% | -0.4% | +0.6% |
| YoY Change | — | — | — | — | +9.7% | +8.6% | +3.5% | -2.0% | -4.4% | -1.3% | +2.2% | +4.3% | +7.1% | +3.3% | +28.0% | +30.3% | +27.7% | +26.7% | -0.7% | -1.2% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Lower 48 | $42.66B | $42.35B | $66.98B | $66.29B | $65.09B | $64.39B | — | $62.68B |
| Alaska Segment | $17.12B | $17.40B | $18.03B | $18.59B | $19.37B | $19.74B | $20.22B | $20.81B |
| EMENA | — | — | $9.77B | $10.19B | $10.13B | $10.41B | $10.55B | $10.84B |
| Canada Operating Segment | $10.05B | $10.07B | $9.51B | $9.60B | $10.03B | $9.80B | $9.98B | $9.89B |
| Asia Pacific Operating Segment | $8.48B | $8.32B | $8.39B | $8.33B | $8.52B | $8.05B | $8.27B | $8.33B |
| Other International | $5.00M | $6.00M | $8.00M | $10.00M | $0.00 | $0.00 | — | — |
| Total | $95.99B | $96.70B | $122.78B | $124.25B | $122.60B | $122.47B | $121.94B | $122.73B |
Other International was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Lower Forty Eight | $42.95B | $41.85B | $41.54B | $42.44B | $42.42B | $42.59B | $42.66B | $42.35B |
| Alaska | $15.13B | $15.33B | $15.46B | $15.54B | $16.17B | $16.70B | $17.12B | $17.40B |
| Canada Operating | $6.97B | $6.83B | $6.87B | $7.10B | $10.28B | $10.03B | $10.05B | $10.07B |
| Asia Pacific Operating | $9.51B | $9.07B | $8.91B | $8.85B | $8.90B | $8.53B | $8.48B | $8.32B |
| Europe, Middle East and North Africa | $8.26B | $7.74B | $7.63B | $7.60B | $8.40B | $8.02B | $7.97B | $8.16B |
| Total | $93.83B | $91.44B | $89.61B | $93.65B | $95.92B | $95.35B | $95.99B | $96.70B |
Alaska, Asia Pacific Operating, Canada Operating, Europe, Middle East and North Africa, Lower Forty Eight were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Assets at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's total assets?
- ConocoPhillips (COP) reported total assets of $122.73B in Q1 2026.
- How has ConocoPhillips's total assets changed year-over-year?
- ConocoPhillips's total assets decreased by 1.2% year-over-year, from $124.25B to $122.73B.
- What is the long-term trend for ConocoPhillips's total assets?
- Over 5 years (2020 to 2025), ConocoPhillips's total assets has grown at a 14.3% compound annual growth rate (CAGR), from $62.62B to $121.94B.
- What does total assets mean?
- The total value of everything the company owns.