Business Segments · Expensed

Lower 48 — Expensed

This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026Apr 30, 2026
Rolls up toInterest Expense

How to read this metric

An increase may indicate higher exploration activity or one-time charges, while a decrease suggests a focus on capital efficiency.

Detailed definition

Costs incurred during the period that are recognized immediately as expenses rather than capitalized. This typically inc...

Peer comparison

Comparable to 'Exploration Expense' or 'General and Administrative Expense' at peer companies.

Metric ID: cop_segment_lower_48_expensed

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Range$0.00$0.00

Frequently Asked Questions

What is ConocoPhillips's lower 48 — expensed?
ConocoPhillips (COP) reported lower 48 — expensed of $0.00 in Q1 2026.
What does lower 48 — expensed mean?
Costs that are immediately recognized as expenses rather than being spread over time.