Lower 48 — Equity in earnings of affiliates
ConocoPhillips Lower 48 — Equity in earnings of affiliates decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $4.00M to $0.00. Over 3 years (FY 2021 to FY 2024), Lower 48 — Equity in earnings of affiliates shows an upward trend with a -34.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Positive earnings indicate successful performance of joint ventures, while losses suggest underperformance or impairment of these specific investments.
Detailed definition
The company's share of net income or loss from investments in entities where it holds significant influence but not full...
Peer comparison
Standard accounting line item for equity-method investments; comparable to 'Equity Income' at peer firms.
cop_segment_lower_48_equity_in_earnings_of_affiliatesHistorical Data
| 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 | -$4.50M | -$4.50M | -$4.50M | -$3.50M | -$3.50M | -$3.50M | -$3.50M | -$2.25M | -$2.25M | -$2.25M | -$2.25M | $1.25M | $1.25M | $1.25M | $1.25M | $4.00M | $0.00 |
| QoQ Change | — | +0.0% | +0.0% | +22.2% | +0.0% | +0.0% | +0.0% | +35.7% | +0.0% | +0.0% | +0.0% | +155.6% | +0.0% | +0.0% | +0.0% | +220.0% | -100.0% |
| YoY Change | — | — | — | — | +22.2% | +22.2% | +22.2% | +35.7% | +35.7% | +35.7% | +35.7% | +155.6% | +155.6% | +155.6% | +155.6% | +220.0% | -100.0% |
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Frequently Asked Questions
- What is ConocoPhillips's lower 48 — equity in earnings of affiliates?
- ConocoPhillips (COP) reported lower 48 — equity in earnings of affiliates of $0.00 in Q1 2026.
- How has ConocoPhillips's lower 48 — equity in earnings of affiliates changed year-over-year?
- ConocoPhillips's lower 48 — equity in earnings of affiliates decreased by 100.0% year-over-year, from $4.00M to $0.00.
- What is the long-term trend for ConocoPhillips's lower 48 — equity in earnings of affiliates?
- Over 3 years (2021 to 2024), ConocoPhillips's lower 48 — equity in earnings of affiliates has grown at a -34.8% compound annual growth rate (CAGR), from -$18.00M to $5.00M.
- What does lower 48 — equity in earnings of affiliates mean?
- Profit or loss from the company's share in joint ventures or partner-owned projects.