ConocoPhillips (COP) Quick Ratio (Acid-Test): 1.14
Is ConocoPhillips’s quick ratio (acid-test) high or low?
ConocoPhillips's quick ratio (acid-test) of 1.14 is 17% below its 5-year average of 1.37, near the low end of its 5-year range (1.14–2.06).
The quick ratio (acid-test) for ConocoPhillips (COP) is 1.14 as of Wednesday, June 10, 2026. It is equal to its 12-month average by 0.00% (1.14).
COP Quick Ratio (Acid-Test) Chart
COP Average Quick Ratio (Acid-Test) Chart
COP Current vs Average Quick Ratio (Acid-Test) Chart
COP Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.14
QUICK RATIO (ACID-TEST) AVG TTM
1.14
QUICK RATIO (ACID-TEST) AVG 3Y
1.23
QUICK RATIO (ACID-TEST) AVG 5Y
1.37
QUICK RATIO (ACID-TEST) AVG 10Y
1.43
QUICK RATIO (ACID-TEST) AVG 15Y
1.34
QUICK RATIO (ACID-TEST) AVG 20Y
1.19
CURRENT VS TTM AVG
+0.00%
CURRENT VS 3Y AVG
-7.51%
CURRENT VS 5Y AVG
-16.79%
CURRENT VS 10Y AVG
-20.18%
CURRENT VS 15Y AVG
-14.69%
CURRENT VS 20Y AVG
-4.35%
COP Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ConocoPhillips (COP) | — | 1.14 | 1.14 | 1.23 | 1.37 |
| SLB N.V. (SLB) | $82.98B | 0.98 | 1.04 | 1.00 | 0.97 |
| Marathon Petroleum Corporation (MPC) | $76.89B | 0.74 | 0.72 | 0.98 | 1.07 |
| Valero Energy Corporation (VLO) | $76.63B | 1.11 | 1.07 | 1.06 | 1.03 |
| EOG Resources, Inc. (EOG) | $74.71B | 1.64 | 1.77 | 1.85 | 1.81 |
| Phillips 66 (PSX) | $72.86B | 0.91 | 0.92 | 1.00 | 0.98 |
| ONEOK, Inc. (OKE) | $57.06B | 0.56 | 0.65 | 0.65 | 0.71 |
| Occidental Petroleum Corporation (OXY) | $56.79B | 0.74 | 0.73 | 0.76 | 0.81 |
| Antero Midstream Corporation (AM) | $10.32B | 3.41 | 2.29 | 1.60 | 1.36 |
| Helmerich & Payne, Inc. (HP) | $3.93B | 1.40 | 1.90 | 2.06 | 2.32 |
Liquidity Comparison
Quick Ratio
1.14
Excludes inventory
Current Ratio
1.30
Includes inventory
ConocoPhillips Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
ConocoPhillips Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for ConocoPhillips (COP)?
- The quick ratio (acid-test) for COP stock is 1.14.
- Is ConocoPhillips's quick ratio (acid-test) high or low?
- ConocoPhillips's quick ratio (acid-test) of 1.14 is 17% below its 5-year average of 1.37, near the low end of its 5-year range (1.14–2.06).
- What is the TTM average quick ratio (acid-test) for ConocoPhillips (COP)?
- The TTM average quick ratio (acid-test) for COP stock is 1.14.
- What is the 3Y average quick ratio (acid-test) for ConocoPhillips (COP)?
- The 3Y average quick ratio (acid-test) for COP stock is 1.23.
- What is the 5Y average quick ratio (acid-test) for ConocoPhillips (COP)?
- The 5Y average quick ratio (acid-test) for COP stock is 1.37.
- What is the 10Y average quick ratio (acid-test) for ConocoPhillips (COP)?
- The 10Y average quick ratio (acid-test) for COP stock is 1.43.
- What is the 15Y average quick ratio (acid-test) for ConocoPhillips (COP)?
- The 15Y average quick ratio (acid-test) for COP stock is 1.34.
- What is the 20Y average quick ratio (acid-test) for ConocoPhillips (COP)?
- The 20Y average quick ratio (acid-test) for COP stock is 1.19.
ConocoPhillips Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 1.14 |
| 2024-12-31 | 1.14 |
| 2023-12-31 | 1.29 |
| 2022-12-31 | 1.36 |
| 2021-12-31 | 1.23 |
| 2020-12-31 | 2.06 |
| 2019-12-31 | 2.26 |
| 2018-12-31 | 1.66 |
| 2017-12-31 | 1.64 |
| 2016-12-31 | 1.10 |
| 2015-12-31 | 0.83 |
| 2014-12-31 | 1.19 |
| 2013-12-31 | 1.18 |
| 2012-12-31 | 1.32 |
| 2011-12-31 | 0.91 |
| 2010-12-31 | 1.07 |
| 2009-12-31 | 0.68 |
| 2008-12-31 | 0.72 |
| 2007-12-31 | 0.76 |
| 2006-12-31 | 0.75 |
| 2005-12-31 | 0.74 |
| 2004-12-31 | 0.73 |
| 2003-12-31 | 0.52 |
| 2002-12-31 | 0.55 |
| 2001-12-31 | 0.38 |
| 2000-12-31 | 0.64 |
| 1999-12-31 | 0.90 |
| 1998-12-31 | 0.85 |
| 1997-12-31 | 0.88 |
| 1996-12-31 | 0.90 |
Related Metrics
About ConocoPhillips
ConocoPhillips is an energy company that engages in the global exploration, production, transportation, and marketing of various resources, including crude petroleum, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids (NGLs). Its primary operations are centered on both conventional and tight oil formations, shale gas, heavy crude, LNG developments, and oil sands projects. The company's extensive portfolio includes unconventional resources located in North America; established conventional assets spanning North America, Europe, Asia, and Australia; numerous LNG ventures; oil sands properties within Canada; and a significant inventory of potential conventional and unconventional exploration opportunities. ConocoPhillips was established in 1917 and its corporate headquarters are situated in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Ryan Lance