ConocoPhillips Total Assets from 2010 to 2024
COP Stock  USD 112.05 0.46 0.41% 
Total Assets  First Reported 19851231  Previous Quarter 96 B  Current Value 96.7 B  Quarterly Volatility 54.8 B 
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 indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.042 or PTB Ratio of 2.97. ConocoPhillips financial statements analysis is a perfect complement when working with ConocoPhillips Valuation or Volatility modules.
ConocoPhillips  Total Assets 
Latest ConocoPhillips' Total Assets Growth Pattern
Below is the plot of the Total Assets of ConocoPhillips over the last few years. Total assets refers to the total amount of ConocoPhillips assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ConocoPhillips books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. ConocoPhillips' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ConocoPhillips' overall financial position and show how it may be relating to other accounts over time.
View  Last Reported 95.92 B  10 Years Trend 

Total Assets 
Timeline 
ConocoPhillips Total Assets Regression Statistics
Arithmetic Mean  89,186,460,342  
Geometric Mean  80,937,997,462  
Coefficient Of Variation  35.63  
Mean Deviation  22,661,580,923  
Median  90,661,000,000  
Standard Deviation  31,774,796,201  
Sample Variance  1009637673.6T  
Range  139.2B  
RValue  (0.19)  
Mean Square Error  1047351577.2T  
RSquared  0.04  
Significance  0.49  
Slope  (1,361,927,372)  
Total Sum of Squares  14134927430.2T 
ConocoPhillips Total Assets History
Other Fundumenentals of ConocoPhillips
ConocoPhillips Total Assets component correlations
Click cells to compare fundamentals
About ConocoPhillips Financial Statements
ConocoPhillips shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although ConocoPhillips investors may analyze each financial statement separately, they are all interrelated. The changes in ConocoPhillips' assets and liabilities, for example, are also reflected in the revenues and expenses on on ConocoPhillips' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported  Projected for Next Year  
Total Assets  95.9 B  74.6 B 
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
0.78  PR  Permian Resources Aggressive Push  PairCorr 
0.63  SD  SandRidge Energy  PairCorr 
0.74  SM  SM Energy  PairCorr 
The ability to find closely correlated positions to ConocoPhillips could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough 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 riskadjusted return on your portfolios.Additional Tools for ConocoPhillips Stock Analysis
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.