ConocoPhillips Balance Sheet Health
Financial Health criteria checks 5/6
ConocoPhillips has a total shareholder equity of $64.5B and total debt of $22.6B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are $121.9B and $57.5B respectively. ConocoPhillips's EBIT is $12.6B making its interest coverage ratio 23.1. It has cash and short-term investments of $7.0B.
Key information
35.11%
Debt to equity ratio
US$22.64b
Debt
| Interest coverage ratio | 23.1x |
| Cash | US$6.98b |
| Equity | US$64.49b |
| Total liabilities | US$57.45b |
| Total assets | US$121.94b |
Recent financial health updates
Recent updates
ConocoPhillips: Cash-First Upstream Investing Has A Case
Feb 06Earnings Troubles May Signal Larger Issues for ConocoPhillips (NYSE:COP) Shareholders
Nov 13
ConocoPhillips (NYSE:COP) Will Pay A Larger Dividend Than Last Year At $0.84
Nov 10Insufficient Growth At ConocoPhillips (NYSE:COP) Hampers Share Price
Jul 18
An Intrinsic Calculation For ConocoPhillips (NYSE:COP) Suggests It's 34% Undervalued
Jun 01ConocoPhillips (NYSE:COP) Is Paying Out A Dividend Of $0.78
May 12ConocoPhillips (NYSE:COP) Seems To Use Debt Quite Sensibly
May 06Conoco Phillips: Undervalued Laggard Poised To Outperform
Mar 30ConocoPhillips: Starting 2025 With Marathon
Feb 23ConocoPhillips: Trump Will Help, But Bound To Oil Volatility
Jan 22ConocoPhillips' Merger With Marathon Oil Offers Synergies (Rating Upgrade)
Dec 21ConocoPhillips: Navigating Market Pressures
Nov 18ConocoPhillips: Lackluster Oil And Gas Action, Low-Teens P/E Warranted
Oct 23ConocoPhillips: Buy The Drop
Sep 17Energy Payday: ConocoPhillips' Blueprint For Dividend Investors
Aug 28ConocoPhillips: Improving Natural Gas Outlook Should Encourage Investors
Jul 09Financial Position Analysis
Short Term Liabilities: COP's short term assets ($15.5B) exceed its short term liabilities ($12.0B).
Long Term Liabilities: COP's short term assets ($15.5B) do not cover its long term liabilities ($45.5B).
Debt to Equity History and Analysis
Debt Level: COP's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: COP's debt to equity ratio has reduced from 48.5% to 35.1% over the past 5 years.
Debt Coverage: COP's debt is well covered by operating cash flow (87.4%).
Interest Coverage: COP's interest payments on its debt are well covered by EBIT (23.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/13 10:25 |
| End of Day Share Price | 2026/03/13 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ConocoPhillips is covered by 46 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Joseph Allman | Baird |
| Yim Cheng | Barclays |