ConocoPhillips (COP) Stock Buybacks: 26.9% of Shares Retired Since 2006

Name: ConocoPhillips (COP) shares outstanding since 2002, split adjusted
Creator: Buyback Radar
License: https://creativecommons.org/licenses/by/4.0/

Shares outstanding, 2002 to todaysplit adjusted, from SEC filings

2002, 1,344,262,5742026-06-30, 1,201,337,479

A share bought in 2002

1.1× more of ConocoPhillips today, without buying another share. It was one of 1,344,262,574 shares then. It is one of 1,201,337,479 now.

Every filing we read24 fiscal years, split adjusted

Fiscal year	Date	Shares outstanding	Filing
2002	2003-02-28	1,344,262,574	10-K	cover page
2003	2004-01-31	1,368,364,186	10-K	cover page
2004	2005-01-31	1,391,620,890	10-K	cover page
2005	2006-01-31	1,378,526,988	10-K	cover page
2006	2007-01-31	1,644,099,838	10-K	cover page
2007	2008-01-31	1,561,506,369	10-K	cover page
2008	2009-01-31	1,480,240,553	10-K	cover page
2009	2010-01-31	1,486,838,088	10-K
2010	2011-01-31	1,429,647,979	10-K
2011	2012-01-31	1,279,692,596	10-K
2012	2013-01-31	1,220,992,874	10-K
2013	2014-01-31	1,226,104,592	10-K
2014	2015-01-31	1,231,461,668	10-K
2015	2016-01-31	1,236,202,726	10-K
2016	2017-01-31	1,235,832,469	10-K
2017	2018-01-31	1,174,577,506	10-K
2018	2019-01-31	1,134,404,094	10-K
2019	2020-01-31	1,081,132,415	10-K
2020	2021-01-31	1,354,734,727	10-K
2021	2022-01-31	1,299,526,916	10-K
2022	2023-01-31	1,218,776,494	10-K
2023	2024-01-31	1,176,408,368	10-K
2024	2025-01-31	1,272,380,205	10-K
2025	2026-01-31	1,222,339,152	10-K

Source: all 10-K filings of ConocoPhillips on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

ConocoPhillips buybacks, answered

Is ConocoPhillips buying back its stock?

Yes. ConocoPhillips has 2.8% fewer shares outstanding than twelve months ago, 1,201,337,479 as of June 30, 2026. Over five years the share count is down 8.9%.

How many shares has ConocoPhillips bought back?

Net of every new share it issued, ConocoPhillips has 442.8 million fewer shares than at its 2006 peak. That is 26.9% of the company.

How many shares does ConocoPhillips have outstanding?

1,201,337,479 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2006 peak it had 1,644,099,838.

What do ConocoPhillips' buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held ConocoPhillips stock in 2006 owns 1.4 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does ConocoPhillips compare with other cannibal stocks?

ConocoPhillips ranks No. 193 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Exponent (27.3%), Marriott International (27.0%), Verisk Analytics (26.8%), Ashland (26.7%).

Every answer is computed from ConocoPhillips' own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

Bill NygrenHarris Associates15,178,673 shares, $1.6B, Q2 2026

Donald YacktmanYacktman Asset Management1,606,025 shares, $167.0M, Q2 2026

Tweedy BrowneTweedy, Browne32,137 shares, $3.3M, Q2 2026

Chris DavisDavis Selected Advisers1,877,583 shares, $195.2M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

McRaven William H.Director2025-11-10, 5,768 shares at $86.68 $500K total

The story

The numbers say what happened. The story says whether it can continue. We cover companies like ConocoPhillips in depth on Cannibal Stocks.

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