ConocoPhillips EMENA — Operating Costs and Expenses increased by 14.7% to $257.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.7%, from $224.00M to $257.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal rising operational complexity or inflationary pressures, whereas a decrease suggests improved cost management or operational efficiencies.
Includes all direct costs associated with the exploration, development, and production activities within the EMENA segme...
Commonly reported as segment-level operating expenses in the upstream oil and gas industry.
cop_segment_emena_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 | $148.25M | $148.25M | $148.25M | $148.25M | $167.75M | $167.75M | $167.75M | $167.75M | $224.00M | $257.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.2% | +0.0% | +0.0% | +0.0% | +33.5% | +14.7% |
| YoY Change | — | — | — | — | +13.2% | +13.2% | +13.2% | +13.2% | +33.5% | +14.7% |