ConocoPhillips Financial Statements From 2010 to 2024

COP Stock  USD 126.84  0.85  0.67%   
ConocoPhillips financial statements provide useful quarterly and yearly information to potential ConocoPhillips investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ConocoPhillips financial statements helps investors assess ConocoPhillips' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ConocoPhillips' valuation are summarized below:
Gross Profit
39.6 B
Profit Margin
0.1894
Market Capitalization
149.2 B
Enterprise Value Revenue
2.8775
Revenue
57.9 B
There are currently one hundred twenty fundamental signals for ConocoPhillips that can be evaluated and compared over time across rivals. Investors and active traders are advised to validate ConocoPhillips' prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction.
Check ConocoPhillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ConocoPhillips main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.8 B, Interest Expense of 1.3 B or Selling General Administrative of 1.3 B, as well as many exotic indicators such as Short Term Coverage Ratios of 23.98, Price Earnings Ratio of 7.61 or Price To Sales Ratio of 2.62. ConocoPhillips financial statements analysis is a perfect complement when working with ConocoPhillips Valuation or Volatility modules.
  
This module can also supplement ConocoPhillips' financial leverage analysis and stock options assessment as well as various ConocoPhillips Technical models . Check out the analysis of ConocoPhillips Correlation against competitors.
To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.

ConocoPhillips Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets74.6 B95.9 B89.2 B
Pretty Stable
Short and Long Term Debt Total15.1 B19.6 B18.9 B
Pretty Stable
Other Current Liabilities2.1 B1.8 B2.9 B
Pretty Stable
Total Current Liabilities11 B10 B11.1 B
Slightly volatile
Total Stockholder Equity32.3 B49.3 B39.7 B
Very volatile
Property Plant And Equipment Net45.1 B70.7 B56.9 B
Very volatile
Net Debt12.6 B14 B14.4 B
Pretty Stable
Retained Earnings62.2 B59.3 B39.6 B
Slightly volatile
Cash5.9 B5.6 B4.7 B
Slightly volatile
Non Current Assets Total62.1 B81.6 B73.9 B
Pretty Stable
Cash And Short Term Investments6.9 B6.6 B6.2 B
Slightly volatile
Net Receivables5.9 B5.5 BB
Slightly volatile
Common Stock Shares Outstanding1.1 B1.2 B1.2 B
Pretty Stable
Liabilities And Stockholders Equity74.6 B95.9 B89.2 B
Pretty Stable
Non Current Liabilities Total31.1 B36.6 B38.2 B
Slightly volatile
InventoryB1.4 B1.4 B
Pretty Stable
Other Current Assets1.4 B852 M1.9 B
Slightly volatile
Total Liabilities42 B46.6 B49.3 B
Slightly volatile
Property Plant And Equipment Gross151.6 B144.4 B77.7 B
Slightly volatile
Total Current Assets12.5 B14.3 B15.3 B
Pretty Stable
Short Term Debt766.6 M1.3 B836.9 M
Very volatile
Accounts Payable6.9 B5.1 B6.3 B
Slightly volatile
Common Stock Total Equity18 M18.9 M40.3 M
Slightly volatile
Common Stock18 M18.9 M40.3 M
Slightly volatile
Other Liabilities14.4 B18.8 B15.3 B
Pretty Stable
Other Assets1.3 B2.1 B1.6 B
Slightly volatile
Long Term Debt21.5 B17.9 B18.9 B
Pretty Stable
Property Plant Equipment66.6 B74.6 B58.9 B
Very volatile
Current Deferred Revenue2.6 B1.6 B1.7 B
Slightly volatile
Net Tangible Assets36.3 B43.2 B43.4 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity59 M62.1 M239.5 M
Slightly volatile
Retained Earnings Total Equity42.7 B61 B40.4 B
Slightly volatile
Long Term Debt Total16.1 B14.6 B19.3 B
Slightly volatile
Capital Surpluse52.8 B70.3 B50.1 B
Slightly volatile
Long Term Investments14.1 BB17.4 B
Slightly volatile
Non Current Liabilities Other1.6 B1.7 B11 B
Slightly volatile
Short and Long Term Debt704 M1.1 B682.1 M
Pretty Stable
Cash And Equivalents5.6 B7.4 B4.7 B
Slightly volatile
Net Invested Capital61.4 B68.2 B53.6 B
Slightly volatile
Net Working CapitalB4.3 B6.6 B
Slightly volatile
Capital Stock21.4 M24.1 M19 M
Slightly volatile

ConocoPhillips Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization4.8 B8.4 B6.8 B
Pretty Stable
Selling General Administrative1.3 B705 M1.1 B
Pretty Stable
Total Revenue68.6 B56.1 B56.5 B
Pretty Stable
Other Operating Expenses58.5 B41 B48 B
Pretty Stable
EBITDA17.6 B23.5 B16.9 B
Pretty Stable
Cost Of Revenue51 B38.2 B42.4 B
Pretty Stable
Total Operating Expenses2.6 B2.8 B5.2 B
Slightly volatile
Non Recurring472 M496.8 M2.2 B
Slightly volatile
Discontinued Operations1.2 B1.3 B1.1 B
Slightly volatile
Interest Income451 M412 M328.7 M
Slightly volatile
Reconciled Depreciation7.5 B8.3 B6.9 B
Pretty Stable

ConocoPhillips Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow6.8 B6.5 B5.1 B
Pretty Stable
Depreciation5.2 B8.4 B6.8 B
Pretty Stable
Capital Expenditures7.7 B11.2 B8.9 B
Pretty Stable
Total Cash From Operating Activities10.9 B20 B12.8 B
Pretty Stable
Other Cashflows From Investing Activities1.5 B1.6 BB
Pretty Stable
Issuance Of Capital Stock230.3 M416.3 M168.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios23.9815.757735.6905
Pretty Stable
Price To Sales Ratio2.622.49051.8288
Slightly volatile
Dividend Yield0.04240.040.0367
Slightly volatile
Operating Cycle61.8648.985559.9018
Very volatile
Price Book Value Ratio2.972.83291.9685
Slightly volatile
Days Of Payables Outstanding41.2248.83458.4995
Slightly volatile
Operating Cash Flow Per Share17.4316.599411.0336
Slightly volatile
Price To Operating Cash Flows Ratio4.146.99246.4606
Pretty Stable
Inventory Turnover18.9827.357727.4253
Slightly volatile
Payables Turnover8.297.47436.626
Pretty Stable
Effective Tax Rate0.410.32730.4094
Slightly volatile
Company Equity Multiplier3.581.94652.7362
Slightly volatile
Long Term Debt To Capitalization0.450.25680.353
Slightly volatile
Cash Per Share5.775.49245.2466
Slightly volatile
Total Debt To Capitalization0.460.27070.3624
Slightly volatile
Debt Equity Ratio0.350.37120.7161
Slightly volatile
Quick Ratio0.691.20741.1626
Slightly volatile
Net Income Per E B T0.50.67270.5971
Slightly volatile
Cash Ratio0.590.56320.4725
Slightly volatile
Operating Cash Flow Sales Ratio0.370.35620.2774
Slightly volatile
Days Of Inventory Outstanding19.6513.341814.3288
Pretty Stable
Days Of Sales Outstanding30.735.643744.8057
Pretty Stable
Cash Flow Coverage Ratios1.151.09150.7298
Slightly volatile
Price To Book Ratio2.972.83291.9685
Slightly volatile
Current Ratio0.941.43231.4394
Slightly volatile
Fixed Asset Turnover1.580.79250.972
Pretty Stable
Price Cash Flow Ratio4.146.99246.4606
Pretty Stable
Enterprise Value Multiple4.186.54697.1569
Pretty Stable
Debt Ratio0.290.19070.238
Pretty Stable
Cash Flow To Debt Ratio1.151.09150.7298
Slightly volatile
Price Sales Ratio2.622.49051.8288
Slightly volatile
Receivables Turnover11.4610.24028.6764
Very volatile
Asset Turnover1.00.58440.6205
Pretty Stable
Price Fair Value2.972.83291.9685
Slightly volatile

ConocoPhillips Fundamental Market Drivers

Forward Price Earnings13.5135
Cash And Short Term Investments6.6 B

ConocoPhillips Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About ConocoPhillips Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ConocoPhillips income statement, its balance sheet, and the statement of cash flows. ConocoPhillips investors use historical funamental indicators, such as ConocoPhillips's revenue or net income, to determine how well the company is positioned to perform in the future. Although ConocoPhillips investors may use each financial statement separately, they are all related. The changes in ConocoPhillips's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ConocoPhillips's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ConocoPhillips Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ConocoPhillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue1.6 B2.6 B
Total Revenue56.1 B68.6 B
Cost Of Revenue38.2 B51 B
Ebit Per Revenue 0.27  0.28 

ConocoPhillips Investors Sentiment

The influence of ConocoPhillips' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in ConocoPhillips. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to ConocoPhillips' public news can be used to forecast risks associated with an investment in ConocoPhillips. The trend in average sentiment can be used to explain how an investor holding ConocoPhillips can time the market purely based on public headlines and social activities around ConocoPhillips. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ConocoPhillips' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ConocoPhillips' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ConocoPhillips' news discussions. The higher the estimated score, the more favorable is the investor's outlook on ConocoPhillips.

ConocoPhillips Implied Volatility

    
  38.83  
ConocoPhillips' implied volatility exposes the market's sentiment of ConocoPhillips stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ConocoPhillips' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ConocoPhillips stock will not fluctuate a lot when ConocoPhillips' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ConocoPhillips in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ConocoPhillips' short interest history, or implied volatility extrapolated from ConocoPhillips options trading.

Pair Trading with ConocoPhillips

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ConocoPhillips position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ConocoPhillips will appreciate offsetting losses from the drop in the long position's value.

Moving together with ConocoPhillips Stock

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Moving against ConocoPhillips Stock

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The ability to find closely correlated positions to ConocoPhillips could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConocoPhillips when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ConocoPhillips - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ConocoPhillips to buy it.
The correlation of ConocoPhillips is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ConocoPhillips moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConocoPhillips moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ConocoPhillips can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ConocoPhillips is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ConocoPhillips Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Conocophillips Stock. Highlighted below are key reports to facilitate an investment decision about Conocophillips Stock:
Check out the analysis of ConocoPhillips Correlation against competitors.
To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running ConocoPhillips' price analysis, check to measure ConocoPhillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConocoPhillips is operating at the current time. Most of ConocoPhillips' value examination focuses on studying past and present price action to predict the probability of ConocoPhillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConocoPhillips' price. Additionally, you may evaluate how the addition of ConocoPhillips to your portfolios can decrease your overall portfolio volatility.
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Is ConocoPhillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConocoPhillips. If investors know ConocoPhillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConocoPhillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
4.61
Earnings Share
9.06
Revenue Per Share
48.107
Quarterly Revenue Growth
(0.21)
The market value of ConocoPhillips is measured differently than its book value, which is the value of ConocoPhillips that is recorded on the company's balance sheet. Investors also form their own opinion of ConocoPhillips' value that differs from its market value or its book value, called intrinsic value, which is ConocoPhillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConocoPhillips' market value can be influenced by many factors that don't directly affect ConocoPhillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConocoPhillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConocoPhillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConocoPhillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.