Business Segments · Operating Costs and Expenses
Canada Operating Segment — Operating Costs and Expenses
ConocoPhillips Canada Operating Segment — Operating Costs and Expenses decreased by 6.0% to $189.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.0%, from $201.00M to $189.00M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026
Rolls up toShipping and Handling Costs
How to read this metric
An increase relative to revenue suggests margin compression, while a decrease indicates improved operational efficiency or lower cost-per-barrel.
Detailed definition
This metric captures the direct costs associated with operating the Canadian assets, including production taxes, transpo...
Peer comparison
Comparable to 'Lease Operating Expenses' (LOE) or 'Production Costs' at peer energy firms.
Metric ID:
cop_segment_canada_operating_segment_operating_costs_and_expensesHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $154.75M | $154.75M | $154.75M | $154.75M | $225.50M | $225.50M | $225.50M | $225.50M | $201.00M | $189.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +45.7% | +0.0% | +0.0% | +0.0% | -10.9% | -6.0% |
| YoY Change | — | — | — | — | +45.7% | +45.7% | +45.7% | +45.7% | -10.9% | -6.0% |
Range$154.75M – $225.50M
CAGR+9.3%
Avg YoY Growth+27.7%
Median YoY Growth+45.7%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is ConocoPhillips's canada operating segment — operating costs and expenses?
- ConocoPhillips (COP) reported canada operating segment — operating costs and expenses of $189.00M in Q1 2026.
- How has ConocoPhillips's canada operating segment — operating costs and expenses changed year-over-year?
- ConocoPhillips's canada operating segment — operating costs and expenses decreased by 6.0% year-over-year, from $201.00M to $189.00M.
- What does canada operating segment — operating costs and expenses mean?
- The total cash expenses incurred to operate and maintain production assets in Canada.