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ConocoPhillips (COP) Cash Flow Waterfall

Trace ConocoPhillips's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$17.98B

Capex

$355.00M

Free Cash Flow

$18.33B

FCF Margin

+102.0%

Cash flow waterfall for ConocoPhillips (COP) — TTM through Q1 2026

Free cash flow: $18.33B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for ConocoPhillips (COP) — TTM through Q1 2026

  • Operating Cash Flow$17.98B
  • Capital Expenditure$355.00M
  • Free Cash Flow$18.33B
  • Acquisitions$1.62B
  • Other Investing−$11.27B
  • Share Buybacks−$4.52B
  • Dividends Paid−$4.03B
  • Net Debt Change−$480.00M
  • Other Financing & FX−$47.00M
  • Net Cash Decrease−$402.00M
Want to see what drove the FCF change?Free Cash Flow Bridge

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