Non-Current Liabilities

Asset retirement obligations

ConocoPhillips Asset retirement obligations decreased by 0.6% to $8.21B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $8.09B to $8.21B. Over 5 years (FY 2020 to FY 2025), Asset retirement obligations shows an upward trend with a 8.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025

How to read this metric

Increases reflect higher future environmental remediation costs or changes in regulatory requirements for site restoration.

Detailed definition

This represents the estimated present value of costs required to decommission, dismantle, or restore assets at the end o...

Peer comparison

Standard across the energy and utility sectors; highly dependent on regulatory environment and asset age.

Metric ID: utility_asset_retirement_obligations

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$5.82B$5.72B$5.75B$5.82B$5.74B$5.73B$6.40B$6.32B$6.36B$6.43B$7.22B$7.14B$7.24B$7.34B$8.09B$8.15B$8.23B$8.26B$8.21B
QoQ Change-1.7%+0.6%+1.1%-1.3%-0.1%+11.7%-1.2%+0.5%+1.1%+12.4%-1.1%+1.4%+1.4%+10.2%+0.7%+1.0%+0.5%-0.6%
YoY Change-1.4%+0.1%+11.2%+8.8%+10.8%+12.1%+12.8%+12.9%+13.9%+14.2%+12.0%+14.1%+13.6%+12.6%+1.5%
Range$5.72B$8.26B
CAGR+8.0%
Avg YoY Growth+10.0%
Median YoY Growth+12.1%

Frequently Asked Questions

What is ConocoPhillips's asset retirement obligations?
ConocoPhillips (COP) reported asset retirement obligations of $8.21B in Q4 2025.
How has ConocoPhillips's asset retirement obligations changed year-over-year?
ConocoPhillips's asset retirement obligations increased by 1.5% year-over-year, from $8.09B to $8.21B.
What is the long-term trend for ConocoPhillips's asset retirement obligations?
Over 5 years (2020 to 2025), ConocoPhillips's asset retirement obligations has grown at a 8.6% compound annual growth rate (CAGR), from $5.43B to $8.21B.
What does asset retirement obligations mean?
The estimated future cost to clean up or decommission physical assets like wells or plants.

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