ConocoPhillips Total Assets
ConocoPhillips total assets. Based on the latest financial reports, ConocoPhillips (COP) holds total assets worth $124.26 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see ConocoPhillips (COP) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of ConocoPhillips (1985–2025)
Total assets of ConocoPhillips from 1985 to 2025. This chart illustrates how ConocoPhillips's total assets have evolved over time, based on quarterly financial data. See COP share price today for real-time trading data and today's change.
ConocoPhillips - Asset Composition Analysis
ConocoPhillips Total Assets Breakdown (December 2025)
ConocoPhillips total assets breakdown as of December 2025. ConocoPhillips's total assets of $124.26 Billion consist of 12.7% current assets and 87.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $6.50 Billion | 5.3% |
| Accounts Receivable | $5.81 Billion | 4.8% |
| Inventory | $1.87 Billion | 1.5% |
| Property, Plant & Equipment | $94.19 Billion | 77.2% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2025)
This chart illustrates how ConocoPhillips's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore COP working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ConocoPhillips's current assets represent 12.7% of total assets in 2025, a decrease from 22.4% in 1985.
- Cash Position: Cash and equivalents constituted 5.3% of total assets in 2025, up from 4.8% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 77.2% of total assets.
ConocoPhillips Competitors by Total Assets
Key competitors of ConocoPhillips based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
EOG Resources Inc
NYSE:EOG
|
USA | $54.78 Billion |
|
Devon Energy Corporation
NYSE:DVN
|
USA | $32.54 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.06 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Chord Energy Corp
NASDAQ:CHRD
|
USA | $13.72 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
DELEK GP SP.ADR/1/01/O.N
F:6D40
|
Germany | €57.21 Billion |
|
Athabasca Oil Corp
TO:ATH
|
Canada | CA$2.67 Billion |
ConocoPhillips - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.54 | 1.27 | 1.93 |
| Quick Ratio | 1.39 | 1.10 | 1.83 |
| Cash Ratio | 0.00 | 0.45 | 0.94 |
| Working Capital | $6.74 Billion | $2.95 Billion | $9.73 Billion |
ConocoPhillips - Advanced Valuation Insights
This section examines the relationship between ConocoPhillips's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.35 |
| Latest Market Cap to Assets Ratio | 1.32 |
| Asset Growth Rate (YoY) | -0.7% |
| Total Assets | $121.94 Billion |
| Market Capitalization | $161.21 Billion USD |
Valuation Analysis
Above Book Valuation: The market values ConocoPhillips's assets above their book value (1.32x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: ConocoPhillips's assets decreased by 0.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for ConocoPhillips (1985–2025)
The table below shows the annual total assets of ConocoPhillips from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $121.94 Billion | -0.68% |
| 2024-12-31 | $122.78 Billion | +28.00% |
| 2023-12-31 | $95.92 Billion | +2.23% |
| 2022-12-31 | $93.83 Billion | +3.49% |
| 2021-12-31 | $90.66 Billion | +44.78% |
| 2020-12-31 | $62.62 Billion | -11.20% |
| 2019-12-31 | $70.51 Billion | +0.76% |
| 2018-12-31 | $69.98 Billion | -4.61% |
| 2017-12-31 | $73.36 Billion | -18.28% |
| 2016-12-31 | $89.77 Billion | -7.91% |
| 2015-12-31 | $97.48 Billion | -16.35% |
| 2014-12-31 | $116.54 Billion | -1.29% |
| 2013-12-31 | $118.06 Billion | +0.78% |
| 2012-12-31 | $117.14 Billion | -23.55% |
| 2011-12-31 | $153.23 Billion | -1.97% |
| 2010-12-31 | $156.31 Billion | +2.74% |
| 2009-12-31 | $152.14 Billion | +6.49% |
| 2008-12-31 | $142.87 Billion | -19.63% |
| 2007-12-31 | $177.76 Billion | +7.87% |
| 2006-12-31 | $164.78 Billion | +54.00% |
| 2005-12-31 | $107.00 Billion | +15.29% |
| 2004-12-31 | $92.81 Billion | +12.56% |
| 2003-12-31 | $82.45 Billion | +7.31% |
| 2002-12-31 | $76.84 Billion | +118.18% |
| 2001-12-31 | $35.22 Billion | +71.71% |
| 2000-12-31 | $20.51 Billion | +34.92% |
| 1999-12-31 | $15.20 Billion | +6.93% |
| 1998-12-31 | $14.22 Billion | +2.57% |
| 1997-12-31 | $13.86 Billion | +2.30% |
| 1996-12-31 | $13.55 Billion | +13.11% |
| 1995-12-31 | $11.98 Billion | +4.74% |
| 1994-12-31 | $11.44 Billion | +5.23% |
| 1993-12-31 | $10.87 Billion | -5.23% |
| 1992-12-31 | $11.47 Billion | -0.04% |
| 1991-12-31 | $11.47 Billion | -5.42% |
| 1990-12-31 | $12.13 Billion | +7.76% |
| 1989-12-31 | $11.26 Billion | -5.95% |
| 1988-12-31 | $11.97 Billion | -1.18% |
| 1987-12-31 | $12.11 Billion | -2.32% |
| 1986-12-31 | $12.40 Billion | -11.72% |
| 1985-12-31 | $14.04 Billion | -- |
About ConocoPhillips
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids. It operates in five segments: Alaska; Lower 48; Canada; Europe, Middle East and North Africa; and Asia Pacific. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia… Read more