Business Segments · Investments in and Advances to Affiliates

Lower 48 — Investments in and Advances to Affiliates

ConocoPhillips Lower 48 — Investments in and Advances to Affiliates decreased by 100.0% to $0.00 in Q4 2025 compared to the prior quarter.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ4 2025Feb 17, 2026

How to read this metric

An increase suggests strategic expansion through partnerships, while a decrease may indicate divestment or the consolidation of previously held affiliate interests.

Detailed definition

This metric tracks the carrying value of equity investments and financial advances made to joint ventures or non-consoli...

Peer comparison

Comparable to equity method investment balances reported by peers in joint venture-heavy upstream projects.

Metric ID: cop_segment_lower_48_investments_in_and_advances_to_affiliates

Historical Data

3 periods
 Q4 '23Q4 '24Q4 '25
Value$118.00M$123.00M$0.00
QoQ Change+4.2%-100.0%
YoY Change+4.2%-100.0%
Range$0.00$123.00M
Avg YoY Growth-47.9%
Median YoY Growth-47.9%

Frequently Asked Questions

What is ConocoPhillips's lower 48 — investments in and advances to affiliates?
ConocoPhillips (COP) reported lower 48 — investments in and advances to affiliates of $0.00 in Q4 2025.
What does lower 48 — investments in and advances to affiliates mean?
The value of the company's financial interests in joint ventures and partnerships within the Lower 48 region.