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ConocoPhillips COP Alaska Segment — Income tax provision (benefit)

Other segment segments

EMENA
$725M-21.4%
Lower 48
$395M-11.8%
Lower Forty Eight
$205M
Corporate
-$119M-222%
Asia Pacific Operating Segment
$60M-6.3%
Canada Operating Segment
$27M-66.7%

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AAAluminum — Segment Reporting Information Income Tax Expenses Benefits
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AWK
AWKOperating Segments — Income Tax Expense Benefit
$64M-34.0%
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ALBCorporate — Income tax expense (benefit)
$196.94M
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CDEOther Mining Properties — Income Tax Expense (Benefit)
-$152.7M-6,330%

Other financials

Income statement

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Revenue$15.8B-4.6%
Gross profit$9.5B-8.2%
Net income$2.2B-23.4%
EPS (diluted)$1.78-20.2%

Balance sheet

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Cash & equivalents$6.2B-5.7%
Total debt$23.3B-4.5%
Total equity$64.5B-1.1%
Total assets$122.73B-1.2%

Cash flow

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Operating cash flow$4.3B-29.8%

Valuation

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Market cap$131.26B+21.2%
Enterprise value$148.31B+18.2%
P/E17.9×+6.6×
P/S2.3×+0.4×

Profitability

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Gross margin61.5%-2.2pp
Net margin12.6%-4.0pp

Returns & leverage

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Return on equity11.3%-5.4pp
Debt / equity0.4×0.0×
Current ratio1.3×0.0×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: ConocoPhillips’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ConocoPhillips's alaska segment — income tax provision (benefit)?
ConocoPhillips (COP) reported alaska segment — income tax provision (benefit) of $92M in Q1 2026.
How has ConocoPhillips's alaska segment — income tax provision (benefit) changed year-over-year?
ConocoPhillips's alaska segment — income tax provision (benefit) decreased by 33.8% year-over-year, from $139M to $92M.
What is the long-term trend for ConocoPhillips's alaska segment — income tax provision (benefit)?
Over 4 years (2021 to 2025), ConocoPhillips's alaska segment — income tax provision (benefit) has grown at a -9.4% compound annual growth rate (CAGR), from $402M to $271M.
What does alaska segment — income tax provision (benefit) mean?
The tax expense or benefit attributed to the company's Alaskan business operations.
How do you interpret alaska segment — income tax provision (benefit)?
Changes often reflect shifts in regional tax legislation or fluctuations in pre-tax segment profitability.
How does alaska segment — income tax provision (benefit) compare across companies?
Comparable to regional tax provisions reported by peers operating in jurisdictions with specific oil and gas tax structures.