Significant Segment Expenses
ConocoPhillips Significant Segment Expenses decreased by 0.9% to $6.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $6.87B to $6.36B. Over 3 years (FY 2022 to FY 2025), Significant Segment Expenses shows an upward trend with a 3.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to segment revenue may indicate declining operational efficiency or rising input costs within that specific business area.
Detailed definition
The aggregate of major operating expenses attributed to a specific business segment that are not otherwise categorized i...
Peer comparison
Reported in segment footnotes for diversified companies to explain segment-level profitability.
other_significant_segment_expensesHistorical Data
| 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 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.01B | $6.01B | $6.01B | $6.01B | $5.32B | $5.32B | $5.32B | $5.32B | $5.48B | $5.83B | $5.83B | $5.64B | $6.87B | $6.46B | $6.75B | $6.42B | $6.36B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -11.5% | +0.0% | +0.0% | +0.0% | +3.0% | +6.3% | -0.0% | -3.2% | +21.8% | -6.0% | +4.6% | -4.9% | -0.9% |
| YoY Change | — | — | — | — | -11.5% | -11.5% | -11.5% | -11.5% | +3.0% | +9.5% | +9.5% | +5.9% | +25.3% | +10.8% | +15.9% | +13.9% | -7.4% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Lower 48 | — | — | — | $3.84B | $3.86B | $3.86B | — | $3.70B |
| EMENA | — | — | — | $1.37B | $1.02B | $1.13B | $1.17B | $1.22B |
| Alaska Segment | — | — | — | $1.00B | $954.00M | $952.00M | $922.00M | $919.00M |
| Canada Operating Segment | — | — | — | $413.00M | $409.00M | $420.00M | $383.00M | $368.00M |
| Asia Pacific Operating Segment | — | — | — | $248.00M | $270.00M | $303.00M | $244.00M | $243.00M |
| Corporate | — | — | — | $0.00 | -$59.00M | $84.00M | -$95.00M | -$88.00M |
| Other International | $0.00 | $0.00 | -$1.00M | $0.00 | $0.00 | $0.00 | — | — |
| Total | $5.83B | $5.83B | $5.64B | $6.87B | $6.46B | $6.75B | $6.42B | $6.36B |
Other International was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Significant Segment Expenses at Other Companies
Frequently Asked Questions
- What is ConocoPhillips's significant segment expenses?
- ConocoPhillips (COP) reported significant segment expenses of $6.36B in Q1 2026.
- How has ConocoPhillips's significant segment expenses changed year-over-year?
- ConocoPhillips's significant segment expenses decreased by 7.4% year-over-year, from $6.87B to $6.36B.
- What is the long-term trend for ConocoPhillips's significant segment expenses?
- Over 3 years (2022 to 2025), ConocoPhillips's significant segment expenses has grown at a 3.3% compound annual growth rate (CAGR), from $24.06B to $26.50B.
- What does significant segment expenses mean?
- The major operating costs associated with a specific business segment.