Stock Analysis on Net

ConocoPhillips (NYSE:COP)

Total Asset Turnover
since 2005

Calculation
Comparison to Competitors
Comparison to Sector (Oil, Gas & Consumable Fuels)
Comparison to Industry (Energy)

Calculation

ConocoPhillips, total asset turnover, long-term trends, calculation

	Total asset turnover	=	Sales and other operating revenues¹	÷	Total assets¹
Dec 31, 2023	0.59	=	56,141)	÷	95,924)
Dec 31, 2022	0.84	=	78,494)	÷	93,829)
Dec 31, 2021	0.51	=	45,828)	÷	90,661)
Dec 31, 2020	0.30	=	18,784)	÷	62,618)
Dec 31, 2019	0.46	=	32,567)	÷	70,514)
Dec 31, 2018	0.52	=	36,417)	÷	69,980)
Dec 31, 2017	0.40	=	29,106)	÷	73,362)
Dec 31, 2016	0.26	=	23,693)	÷	89,772)
Dec 31, 2015	0.30	=	29,564)	÷	97,484)
Dec 31, 2014	0.45	=	52,524)	÷	116,539)
Dec 31, 2013	0.46	=	54,413)	÷	118,057)
Dec 31, 2012	0.49	=	57,967)	÷	117,144)
Dec 31, 2011	1.60	=	244,813)	÷	153,230)
Dec 31, 2010	1.21	=	189,441)	÷	156,314)
Dec 31, 2009	0.98	=	149,341)	÷	152,588)
Dec 31, 2008	1.69	=	240,842)	÷	142,865)
Dec 31, 2007	1.05	=	187,437)	÷	177,757)
Dec 31, 2006	1.11	=	183,650)	÷	164,781)
Dec 31, 2005	1.68	=	179,442)	÷	106,999)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

¹ US$ in millions

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Comparison to Competitors

ConocoPhillips, total asset turnover, long-term trends, comparison to competitors

	ConocoPhillips	Chevron Corp.	Exxon Mobil Corp.	Occidental Petroleum Corp.
Dec 31, 2023	0.59	0.75	0.89	0.38
Dec 31, 2022	0.84	0.91	1.08	0.50
Dec 31, 2021	0.51	0.65	0.82	0.35
Dec 31, 2020	0.30	0.39	0.54	0.22
Dec 31, 2019	0.46	0.59	0.70	0.19
Dec 31, 2018	0.52	0.63	0.81	0.41
Dec 31, 2017	0.40	0.53	0.68	0.30
Dec 31, 2016	0.26	0.42	0.66	0.23
Dec 31, 2015	0.30	0.49	0.77	0.29
Dec 31, 2014	0.45	0.75	1.13	0.34
Dec 31, 2013	0.46	0.87	1.21	0.35
Dec 31, 2012	0.49	0.99	1.36	0.38
Dec 31, 2011	1.60	1.17	1.41	0.40
Dec 31, 2010	1.21	1.07	1.22	0.36
Dec 31, 2009	0.98	1.02	1.29	0.35
Dec 31, 2008	1.69	1.64	2.02	0.58
Dec 31, 2007	1.05	1.44	1.61	0.51
Dec 31, 2006	1.11	1.54	1.67	0.55
Dec 31, 2005	1.68	1.54	1.72	0.58

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

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Comparison to Sector (Oil, Gas & Consumable Fuels)

ConocoPhillips, total asset turnover, long-term trends, comparison to sector (oil, gas & consumable fuels)

	ConocoPhillips	Oil, Gas & Consumable Fuels
Dec 31, 2023	0.59	0.76
Dec 31, 2022	0.84	0.94
Dec 31, 2021	0.51	0.68
Dec 31, 2020	0.30	0.43
Dec 31, 2019	0.46	0.57
Dec 31, 2018	0.52	0.69
Dec 31, 2017	0.40	0.58
Dec 31, 2016	0.26	0.50
Dec 31, 2015	0.30	0.58
Dec 31, 2014	0.45	0.85
Dec 31, 2013	0.46	0.91
Dec 31, 2012	0.49	1.02
Dec 31, 2011	1.60	1.30
Dec 31, 2010	1.21	1.12
Dec 31, 2009	0.98	1.07
Dec 31, 2008	1.69	1.73
Dec 31, 2007	1.05	1.34
Dec 31, 2006	1.11	1.41
Dec 31, 2005	1.68	1.60

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

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Comparison to Industry (Energy)

ConocoPhillips, total asset turnover, long-term trends, comparison to industry (energy)

	ConocoPhillips	Energy
Dec 31, 2023	0.59	0.76
Dec 31, 2022	0.84	0.93
Dec 31, 2021	0.51	0.67
Dec 31, 2020	0.30	0.44
Dec 31, 2019	0.46	0.58
Dec 31, 2018	0.52	0.67
Dec 31, 2017	0.40	0.56
Dec 31, 2016	0.26	0.49
Dec 31, 2015	0.30	0.58
Dec 31, 2014	0.45	0.84
Dec 31, 2013	0.46	0.89
Dec 31, 2012	0.49	1.00
Dec 31, 2011	1.60	1.26
Dec 31, 2010	1.21	1.08
Dec 31, 2009	0.98	1.04
Dec 31, 2008	1.69	1.68
Dec 31, 2007	1.05	1.32
Dec 31, 2006	1.11	1.38
Dec 31, 2005	1.68	1.57

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

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