ConocoPhillips drawdown: at its all-time high
ConocoPhillips is trading at its all-time high (as of market close, Sep 11, 2026). 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
- at the high
- 100.0% of ATH
- All-time high
- $137.35
- Sep 11, 2026
- Time below the high
- 0 days
- since Sep 11, 2026
- Worst-ever drawdown
- −73.9%
- Mar 18, 2020
- Longest underwater
- 7.5 yrs
- between all-time highs
- Today's level first reached
- today
- a fresh record
% of all-time high since 1981#
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 at (or within half a percent of) its all-time high, set Sep 11, 2026.
- 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.
