Business Segments · Operating Costs and Expenses

Asia Pacific Operating Segment — Operating Costs and Expenses

ConocoPhillips Asia Pacific Operating Segment — Operating Costs and Expenses increased by 23.1% to $80.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.1%, from $65.00M to $80.00M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

An increase relative to revenue suggests declining operational efficiency or rising extraction costs, while a decrease indicates improved cost management.

Detailed definition

This captures the direct costs associated with running exploration and production operations in the Asia-Pacific segment...

Peer comparison

Commonly reported as 'Lease Operating Expenses' or 'Production Costs' in regional segment disclosures.

Metric ID: cop_segment_asia_pacific_operating_segment_operating_costs_and_expenses

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$97.75M$97.75M$97.75M$97.75M$96.00M$96.00M$96.00M$96.00M$65.00M$80.00M
QoQ Change+0.0%+0.0%+0.0%-1.8%+0.0%+0.0%+0.0%-32.3%+23.1%
YoY Change-1.8%-1.8%-1.8%-1.8%-32.3%+23.1%
Range$65.00M$97.75M
CAGR-8.5%
Avg YoY Growth-2.7%
Median YoY Growth-1.8%

Frequently Asked Questions

What is ConocoPhillips's asia pacific operating segment — operating costs and expenses?
ConocoPhillips (COP) reported asia pacific operating segment — operating costs and expenses of $80.00M in Q1 2026.
How has ConocoPhillips's asia pacific operating segment — operating costs and expenses changed year-over-year?
ConocoPhillips's asia pacific operating segment — operating costs and expenses increased by 23.1% year-over-year, from $65.00M to $80.00M.
What does asia pacific operating segment — operating costs and expenses mean?
The direct cash costs to operate and maintain production assets in the Asia-Pacific region.