ConocoPhillips (COP) - Total Assets
Based on the latest financial reports, ConocoPhillips (COP) holds total assets worth $121.94 Billion USD as of December 2025. 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. See ConocoPhillips book value and equity for net asset value and shareholders' equity analysis.
ConocoPhillips - Total Assets Trend (1985–2025)
This chart illustrates how ConocoPhillips's total assets have evolved over time, based on quarterly financial data.
ConocoPhillips - Asset Composition Analysis
Current Asset Composition (December 2025)
ConocoPhillips's total assets of $121.94 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. For live market cap, price, and company overview, see how much is ConocoPhillips worth.
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 |
|---|---|---|
|
Canadian Natural Resources Ltd
TO:CNQ
|
Canada | CA$85.59 Billion |
|
EOG Resources Inc
NYSE:EOG
|
USA | $52.20 Billion |
|
Woodside Energy Group Ltd
AU:WDS
|
Australia | AU$66.55 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$29.88 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.15 Billion |
|
International Petroleum Corp
TO:IPCO
|
Canada | CA$1.98 Billion |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.52 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
Argentina | AR$2.50 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 | 1.30 | 1.29 | 2.25 |
| Quick Ratio | 1.14 | 1.14 | 2.06 |
| Cash Ratio | 0.54 | 0.46 | 0.00 |
| Working Capital | $3.56 Billion | $3.52 Billion | $6.70 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 | 2.37 |
| Latest Market Cap to Assets Ratio | 1.23 |
| Asset Growth Rate (YoY) | -0.7% |
| Total Assets | $121.94 Billion |
| Market Capitalization | $150.15 Billion USD |
Valuation Analysis
Above Book Valuation: The market values ConocoPhillips's assets above their book value (1.23x), 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