Business Segments · Income tax provision (benefit)

Asia Pacific Operating Segment — Income tax provision (benefit)

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.

Analysis

StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026
Rolls up toIncome Tax

How to read this metric

Changes often reflect shifts in regional profitability or changes in local tax legislation and fiscal policy.

Detailed definition

This reflects the tax expense or benefit specifically attributable to the earnings generated by the Asia-Pacific operati...

Peer comparison

Standard tax provision reporting for international business segments.

Metric ID: cop_segment_asia_pacific_operating_segment_income_tax_provision_benefit

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '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%
Range$10.50M$120.75M
CAGR-16.0%
Avg YoY Growth+96.7%
Median YoY Growth-0.6%

Frequently Asked Questions

What is ConocoPhillips's asia pacific operating segment — income tax provision (benefit)?
ConocoPhillips (COP) reported asia pacific operating segment — income tax provision (benefit) of $60.00M in Q1 2026.
How has ConocoPhillips's asia pacific operating segment — income tax provision (benefit) changed year-over-year?
ConocoPhillips's asia pacific operating segment — income tax provision (benefit) decreased by 6.3% year-over-year, from $64.00M to $60.00M.
What is the long-term trend for ConocoPhillips's asia pacific operating segment — income tax provision (benefit)?
Over 3 years (2021 to 2024), ConocoPhillips's asia pacific operating segment — income tax provision (benefit) has grown at a -24.1% compound annual growth rate (CAGR), from $483.00M to $211.00M.
What does asia pacific operating segment — income tax provision (benefit) mean?
The tax expense or benefit associated with the Asia-Pacific segment's earnings.