Conoco Phillips Long Term Debt

Conoco Phillips posts a long-term debt of $22B as of March 2026. That compares with $23B in the prior-year period — down 3.9% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Conoco Phillips's long-term debt was $23B. The latest reading is $22B — a 3.9% year-over-year decrease (period ending March 2026). Use the history and growth charts on this page for a longer lookback.

Long-Term Debt is one piece of Conoco Phillips's financial statement story. At $22B, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for COP's long-term debt usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Conoco Phillips's other metric pages and overview cover the third.

Judging Conoco Phillips against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in long-term debt easier to interpret. Start with $22B here, then scan peer and history charts to see if the gap is persistent.