Business Segments · Net income (loss)

Alaska Segment — Net income (loss)

ConocoPhillips Alaska Segment — Net income (loss) decreased by 10.1% to $294.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.1%, from $327.00M to $294.00M. Over 3 years (FY 2021 to FY 2024), Alaska Segment — Net income (loss) shows relatively stable performance with a -1.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ1 2026
Rolls up toNet Income

How to read this metric

An increase indicates improved operational margins or higher production volumes in the Alaska region, while a decrease suggests rising costs or lower commodity price realizations.

Detailed definition

This metric represents the net profit or loss generated by the company's exploration and production operations located i...

Peer comparison

Comparable to regional upstream segment earnings reported by other major integrated oil and gas companies with significant Alaskan or Arctic operations.

Metric ID: cop_segment_alaska_segment_net_income_loss

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$346.50M$346.50M$346.50M$588.00M$588.00M$588.00M$588.00M$444.50M$444.50M$444.50M$444.50M$331.50M$331.50M$331.50M$331.50M$327.00M$294.00M
QoQ Change+0.0%+0.0%+69.7%+0.0%+0.0%+0.0%-24.4%+0.0%+0.0%+0.0%-25.4%+0.0%+0.0%+0.0%-1.4%-10.1%
YoY Change+69.7%+69.7%+69.7%-24.4%-24.4%-24.4%-24.4%-25.4%-25.4%-25.4%-25.4%-1.4%-10.1%
Range$294.00M$588.00M
CAGR-4.0%
Avg YoY Growth-0.1%
Median YoY Growth-24.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is ConocoPhillips's alaska segment — net income (loss)?
ConocoPhillips (COP) reported alaska segment — net income (loss) of $294.00M in Q1 2026.
How has ConocoPhillips's alaska segment — net income (loss) changed year-over-year?
ConocoPhillips's alaska segment — net income (loss) decreased by 10.1% year-over-year, from $327.00M to $294.00M.
What is the long-term trend for ConocoPhillips's alaska segment — net income (loss)?
Over 3 years (2021 to 2024), ConocoPhillips's alaska segment — net income (loss) has grown at a -1.5% compound annual growth rate (CAGR), from $1.39B to $1.33B.
What does alaska segment — net income (loss) mean?
The net profit or loss generated specifically by the company's oil and gas operations in Alaska.