ConocoPhillips (COP) quarterly cash flow statement — complete operating, investing & financing history
ConocoPhillips (COP) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 7.43B | 4.29B | 4.32B | 5.88B | 3.48B | 6.12B | 4.46B | 5.76B | 4.92B | 4.99B | 5.26B | 5.45B | 3.85B | 5.4B | 6.59B | 8.74B | 7.91B | 5.07B | 5.87B | 4.8B |
| Operating CF Margin % | 41.1% | 26.75% | 32.45% | 39.27% | 24.93% | 37.16% | 31.3% | 44.36% | 36.2% | 36.14% | 35.94% | 38.18% | 31.16% | 36.55% | 36.43% | 41.34% | 37.38% | 27.89% | 40.51% | 40.62% |
| Operating CF Growth % | 113.31% | -29.76% | -3.12% | 2% | -29.15% | 22.67% | -15.31% | 5.84% | 27.63% | -7.74% | -20.16% | -37.7% | -51.3% | 6.61% | 12.34% | 82.2% | 86.17% | 143.65% | 250.96% | 452.65% |
| Net Income | 3.93B | 2.18B | 1.44B | 1.73B | 1.96B | 2.85B | 2.31B | 2.06B | 2.32B | 2.55B | 3B | 2.8B | 2.23B | 2.92B | 3.25B | 4.53B | 5.14B | 5.76B | 2.63B | 2.38B |
| Depreciation & Amortization | 2.98B | 2.91B | 3B | 2.89B | 2.86B | 2.75B | 0 | 2.39B | 2.33B | 2.21B | 2.23B | 2.14B | 2.04B | 1.94B | 3.81B | 1.87B | 1.81B | 1.82B | 1.82B | 1.67B |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 377M | 0 | 0 | 0 | 304M | 0 |
| Deferred Taxes | 47M | 102M | 1.17B | 354M | 149M | -71M | 118M | 38M | 124M | 87M | 392M | 264M | 165M | 324M | 492M | 726M | 495M | 373M | 451M | 328M |
| Other Non-Cash Items | 300M | 111M | -1.29B | 386M | -254M | -57M | 2.99B | 235M | 287M | 248M | -130M | 262M | 258M | 500M | -1.47B | 111M | 384M | -930M | 293M | -284M |
| Working Capital Changes | 173M | -1.01B | 0 | 512M | -1.24B | 648M | -962M | 1.04B | -148M | -112M | -231M | -23M | -845M | -283M | 139M | 1.5B | 80M | -1.96B | 373M | 702M |
| Change in Receivables | 56M | -1.14B | -118M | -52M | 693M | 280M | -918M | 508M | 224M | -76M | 186M | -1.1B | 545M | 1.7B | 354M | 544M | -326M | -1.53B | -881M | -825M |
| Change in Inventory | 20M | -39M | -165M | 133M | -58M | -26M | 32M | -43M | -2M | -55M | 11M | -91M | 22M | -45M | 26M | -11M | -80M | 27M | -147M | 76M |
| Change in Payables | -176M | 507M | -1M | -184M | -545M | 518M | -426M | 66M | -98M | -85M | -281M | 777M | -348M | -1.27B | -197M | 463M | 839M | -204M | 717M | 359M |
| Cash from Investing | -3.51B | -2.81B | -850M | -3.18B | -2.46B | -2.35B | -2.2B | -2.66B | -4.15B | -2.14B | -5.85B | -2.38B | -2.32B | -1.45B | -2.93B | -3.1B | -2.09B | -611M | -8.6B | 532M |
| Capital Expenditures | -3.02B | -2.95B | -3.02B | 3.29B | -3.29B | -3.38B | -3.32B | -2.92B | -2.97B | -2.92B | -2.88B | -2.54B | -2.92B | -2.9B | -2.53B | -2.5B | -1.97B | -3.16B | -1.56B | -1.3B |
| CapEx % of Revenue | 16.72% | 18.36% | 22.72% | 21.95% | 23.51% | 20.52% | 23.3% | 22.44% | 21.85% | 21.14% | 19.69% | 17.85% | 23.64% | 19.6% | 14% | 11.81% | 9.29% | 17.4% | 10.75% | 11.03% |
| Acquisitions | -9M | 9M | 1.62B | -706M | 706M | 635M | -29M | 39M | 5M | 49M | -2.71B | 187M | 238M | 188M | -97M | 0 | 619M | 37M | -8.67B | 1.3B |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 144M | 161M | 56M | -5.21B | -273M | 797M | 132M | 24M | 12M | -401M | 223M | -337M | -115M | -1.35B | 90M | 523M | 99M | 2.78B | 1.39B | -1.01B |
| Cash from Financing | -3.17B | -2.19B | -2.16B | -2.32B | -2.48B | -3.14B | -1.77B | -2.2B | -2.04B | -2.83B | -2.64B | 29M | -2.73B | -3.33B | -5.51B | -4.33B | -5.08B | -3.14B | -2.03B | -2.09B |
| Debt Issued (Net) | -61M | -114M | -62M | -45M | -259M | -547M | 1.22B | -44M | -58M | -505M | -136M | 2.65B | -64M | -43M | -393M | -45M | -1.86B | -1.07B | -142M | -319M |
| Equity Issued (Net) | -1.97B | -1.04B | -1.06B | -1.28B | -1.23B | -1.55B | -1.96B | -1.18B | -1.02B | -1.39B | -1.1B | -1.26B | -1.3B | -1.8B | -2.73B | -2.8B | -2.22B | -1.15B | -1.4B | -1.24B |
| Dividends Paid | -1.02B | -1.03B | -1.04B | -975M | -984M | -998M | -897M | -910M | -915M | -924M | -1.41B | -1.34B | -1.35B | -1.49B | -2.39B | -1.48B | -988M | -864M | -609M | -579M |
| Share Repurchases | -2B | -1.01B | -1.02B | -1.27B | -1.22B | -1.5B | -1.95B | -1.17B | -1.02B | -1.32B | -1.1B | -1.3B | -1.3B | -1.7B | -2.75B | -2.8B | -2.3B | -1.43B | -1.4B | -1.24B |
| Other Financing | -119M | 1M | -1M | -20M | -15M | -40M | -127M | -68M | -53M | -10M | 5M | -23M | -13M | 2M | 4M | 3M | -4M | -52M | 119M | 55M |
| Net Change in Cash | 719M | -670M | 1.32B | 359M | -1.41B | 715M | 383M | 948M | -1.27B | -54M | -3.18B | 3.1B | -1.25B | 525M | -1.62B | 1.09B | 487M | 1.34B | -4.79B | 3.23B |
| Free Cash Flow | 4.41B | 1.35B | 1.29B | 12.54B | 199M | 2.74B | 1.14B | 2.85B | 1.95B | 2.07B | 2.38B | 2.9B | 931M | 2.51B | 4.06B | 6.24B | 5.95B | 1.91B | 4.31B | 3.5B |
| FCF Margin % | 24.38% | 8.39% | 9.73% | 83.79% | 1.42% | 16.63% | 8.01% | 21.91% | 14.35% | 15% | 16.25% | 20.34% | 7.53% | 16.95% | 22.43% | 29.53% | 28.08% | 10.5% | 29.76% | 29.6% |
| FCF Growth % | 2116.08% | -50.79% | 13.6% | 340.53% | -89.79% | 32.29% | -52.1% | -1.83% | 109.45% | -17.44% | -41.36% | -53.55% | -84.34% | 31.41% | -5.85% | 78.63% | 99.13% | 116.7% | 602.12% | 1423.86% |
| FCF per Share | 3.63 | 1.10 | 1.05 | 10.06 | 0.16 | 2.15 | 0.94 | 2.45 | 1.67 | 1.75 | 2.00 | 2.42 | 0.77 | 2.05 | 3.32 | 4.92 | 4.59 | 1.46 | 3.26 | 2.62 |
| FCF Conversion (FCF/Net Income) | 1.89x | 1.97x | 2.99x | 3.41x | 1.77x | 2.15x | 1.94x | 2.81x | 2.12x | 1.96x | 1.76x | 1.95x | 1.73x | 1.85x | 2.03x | 1.93x | 1.54x | 0.88x | 2.23x | 2.02x |
| Interest Paid | 0 | 0 | 0 | 369M | 0 | 0 | 0 | 0 | 0 | 0 | 168M | 175M | 0 | 0 | 167M | 220M | 199M | 287M | 229M | 231M |
| Taxes Paid | 0 | 0 | 0 | 698M | 0 | 0 | 0 | 0 | 0 | 0 | 1.26B | 939M | 0 | 0 | 1.77B | 1.66B | 2.3B | 1.64B | 498M | 251M |