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.
An increase relative to revenue suggests declining operational efficiency or rising extraction costs, while a decrease indicates improved cost management.
This captures the direct costs associated with running exploration and production operations in the Asia-Pacific segment...
Commonly reported as 'Lease Operating Expenses' or 'Production Costs' in regional segment disclosures.
cop_segment_asia_pacific_operating_segment_operating_costs_and_expenses| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '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% |