ConocoPhillips Asia Pacific Operating Segment — Income tax provision (benefit) decreased by 6.3% to $60.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.3%, from $64.00M to $60.00M. Over 3 years (FY 2021 to FY 2024), Asia Pacific Operating Segment — Income tax provision (benefit) shows a downward trend with a -24.1% CAGR.
Changes often reflect shifts in regional profitability or changes in local tax legislation and fiscal policy.
This reflects the tax expense or benefit specifically attributable to the earnings generated by the Asia-Pacific operati...
Standard tax provision reporting for international business segments.
cop_segment_asia_pacific_operating_segment_income_tax_provision_benefit| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $120.75M | $120.75M | $120.75M | $120.00M | $120.00M | $120.00M | $120.00M | $10.50M | $10.50M | $10.50M | $10.50M | $52.75M | $52.75M | $52.75M | $52.75M | $64.00M | $60.00M |
| QoQ Change | — | +0.0% | +0.0% | -0.6% | +0.0% | +0.0% | +0.0% | -91.3% | +0.0% | +0.0% | +0.0% | +402.4% | +0.0% | +0.0% | +0.0% | +21.3% | -6.3% |
| YoY Change | — | — | — | — | -0.6% | -0.6% | -0.6% | -91.3% | -91.3% | -91.3% | -91.3% | +402.4% | +402.4% | +402.4% | +402.4% | +21.3% | -6.3% |