Business Segments · Operating Costs and Expenses

EMENA — Operating Costs and Expenses

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.

Analysis

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

How to read this metric

An increase may signal rising operational complexity or inflationary pressures, whereas a decrease suggests improved cost management or operational efficiencies.

Detailed definition

Includes all direct costs associated with the exploration, development, and production activities within the EMENA segme...

Peer comparison

Commonly reported as segment-level operating expenses in the upstream oil and gas industry.

Metric ID: cop_segment_emena_operating_costs_and_expenses

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '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%
Range$148.25M$257.00M
CAGR+27.7%
Avg YoY Growth+16.8%
Median YoY Growth+13.2%
Current Streak9+ quarters growth

Frequently Asked Questions

What is ConocoPhillips's emena — operating costs and expenses?
ConocoPhillips (COP) reported emena — operating costs and expenses of $257.00M in Q1 2026.
How has ConocoPhillips's emena — operating costs and expenses changed year-over-year?
ConocoPhillips's emena — operating costs and expenses increased by 14.7% year-over-year, from $224.00M to $257.00M.
What does emena — operating costs and expenses mean?
The total direct costs incurred to operate and maintain production assets in the EMENA region.