ConocoPhillips drawdown: 2.3% below the all-time high (price)
ConocoPhillips is 2.3% below its all-time high, set Oct 26, 2026 (as of market close, Oct 27, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −2.3%
- 97.7% of ATH
- All-time high
- $151.37
- Oct 26, 2026
- Time below the high
- 1 days
- since Oct 26, 2026
- Worst-ever drawdown
- −73.9%
- Mar 18, 2020
- Longest underwater
- 7.5 yrs
- between all-time highs
- Today's level first reached
- Oct 23, 2026
- 4 days ago
- Last time this deep
- Oct 12, 2026
- in a previous episode
% of all-time high since 1981: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jul 23, 2014 | Mar 18, 2020 | −73.9% | 5.7 yrs | Jan 18, 2022 | 7.5 yrs |
| Jun 17, 2008 | Mar 2, 2009 | −63.3% | 8 mo | Oct 17, 2013 | 5.3 yrs |
| Dec 20, 1984 | Jul 28, 1986 | −53.6% | 1.6 yrs | Aug 3, 1987 | 2.6 yrs |
| Aug 3, 1987 | Nov 20, 1987 | −44.2% | 4 mo | Apr 8, 1988 | 8 mo |
| Dec 31, 1981 | Aug 18, 1982 | −41.4% | 8 mo | Feb 15, 1984 | 2.1 yrs |
| Nov 7, 2022 | Apr 8, 2025 | −38.7% | 2.4 yrs | Sep 1, 2026 | 3.8 yrs |
| Sep 20, 1999 | Feb 24, 2000 | −35.9% | 5 mo | May 31, 2000 | 8 mo |
| May 18, 2001 | Oct 9, 2002 | −33.9% | 17 mo | Jan 26, 2004 | 2.7 yrs |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1981: how far ConocoPhillips stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is ConocoPhillips from its all-time high?
- ConocoPhillips is currently 2.3% below its all-time high, set Oct 26, 2026 (as of market close, Oct 27, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest ConocoPhillips drawdown ever?
- The deepest decline on record in our data (since 1981) took ConocoPhillips 73.9% below its prior high, bottoming Mar 18, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from COP; no free deep history exists for ConocoPhillips — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.