ConocoPhillips Canada Operating Segment — Net income (loss) decreased by 66.8% to $85.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 66.8%, from $256.00M to $85.00M. Over 3 years (FY 2021 to FY 2024), Canada Operating Segment — Net income (loss) shows an upward trend with a 15.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates improved operational efficiency or higher realized commodity prices in the region, while a decrease suggests rising costs, lower production volumes, or unfavorable market conditions.
This metric represents the net profit or loss generated by the company's Canadian exploration and production operations...
Peers in the upstream oil and gas sector report similar segment-level net income figures, typically adjusted for regional tax regimes and production costs.
cop_segment_canada_operating_segment_net_income_loss| 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 | $114.50M | $114.50M | $114.50M | $178.50M | $178.50M | $178.50M | $178.50M | $100.50M | $100.50M | $100.50M | $100.50M | $178.00M | $178.00M | $178.00M | $178.00M | $256.00M | $85.00M |
| QoQ Change | — | +0.0% | +0.0% | +55.9% | +0.0% | +0.0% | +0.0% | -43.7% | +0.0% | +0.0% | +0.0% | +77.1% | +0.0% | +0.0% | +0.0% | +43.8% | -66.8% |
| YoY Change | — | — | — | — | +55.9% | +55.9% | +55.9% | -43.7% | -43.7% | -43.7% | -43.7% | +77.1% | +77.1% | +77.1% | +77.1% | +43.8% | -66.8% |