What is ConocoPhillips's alaska segment — operating costs and expenses?

ConocoPhillips (COP) reported alaska segment — operating costs and expenses of $475.00M in Q1 2026.

How has ConocoPhillips's alaska segment — operating costs and expenses changed year-over-year?

ConocoPhillips's alaska segment — operating costs and expenses decreased by 6.1% year-over-year, from $506.00M to $475.00M.

What does alaska segment — operating costs and expenses mean?

Total costs incurred to operate and maintain oil and gas production facilities in Alaska.

Business Segments · Operating Costs and Expenses

Alaska Segment — Operating Costs and Expenses

ConocoPhillips Alaska Segment — Operating Costs and Expenses decreased by 6.1% to $475.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.1%, from $506.00M to $475.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2023

Last reportedQ1 2026

Rolls up toShipping and Handling Costs

How to read this metric

An increase may signal rising operational complexity or inflationary pressures, whereas a decrease suggests improved cost management or operational efficiencies.

Detailed definition

Includes all direct and indirect costs associated with the exploration, development, and production of hydrocarbons in t...

Peer comparison

Similar to lease operating expense (LOE) and production cost metrics reported by peers in the exploration and production sector.

Metric ID: cop_segment_alaska_segment_operating_costs_and_expenses

Historical Data

10 periods

	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q1 '26
Value	$457.25M	$457.25M	$457.25M	$457.25M	$487.75M	$487.75M	$487.75M	$487.75M	$506.00M	$475.00M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+6.7%	+0.0%	+0.0%	+0.0%	+3.7%	-6.1%
YoY Change	—	—	—	—	+6.7%	+6.7%	+6.7%	+6.7%	+3.7%	-6.1%

Range$457.25M – $506.00M

CAGR+1.7%

Avg YoY Growth+4.0%

Median YoY Growth+6.7%

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Frequently Asked Questions

What is ConocoPhillips's alaska segment — operating costs and expenses?: ConocoPhillips (COP) reported alaska segment — operating costs and expenses of $475.00M in Q1 2026.
How has ConocoPhillips's alaska segment — operating costs and expenses changed year-over-year?: ConocoPhillips's alaska segment — operating costs and expenses decreased by 6.1% year-over-year, from $506.00M to $475.00M.
What does alaska segment — operating costs and expenses mean?: Total costs incurred to operate and maintain oil and gas production facilities in Alaska.