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ConocoPhillips COP Canada Operating Segment — Equity in earnings of affiliates

Other segment segments

Asia Pacific Operating Segment
$167M-9.7%
EMENA
$45M-60.9%
Corporate
$27M+145%
Alaska Segment
$0
Lower 48
$0-100%

Similar metrics at other companies

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PSXMidstream — Equity in earnings of affiliates
$99M+1.0%
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PSXRefining — Equity in earnings of affiliates
-$1M+50.0%
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PAGOther — Equity in earnings of affiliates
$0
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PSXChemicals — Equity in earnings of affiliates
$403M+1,915%
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PSXM&S — Equity in earnings of affiliates
$135M+255%
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PSXRenewable Fuels — Equity in earnings of affiliates
-$1M0.0%

Other financials

Income statement

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Revenue$19.2B+36.8%
Gross profit$12.4B+39.6%
Net income$3.9B+99.4%
EPS (diluted)$3.23+107%

Balance sheet

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Cash & equivalents$7.0B+33.3%
Total debt$23.8B-0.6%
Total equity$65.3B-0.3%
Total assets$124.26B+1.4%

Cash flow

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Operating cash flow$7.4B+113%
CapEx$3.0B-8.9%
Free cash flow$1.3B+13.6%

Valuation

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Market cap$140.15B+19.2%
Enterprise value$156.95B+15.2%
P/E15.1×+2.3×
P/S2.2×+0.2×

Profitability

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Gross margin62%-1.5pp
Net margin14.7%-1.2pp
FCF margin12.3%-2.3pp

Returns & leverage

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Return on equity14.2%-1.8pp
Debt / equity0.4×0.0×
Current ratio1.5×+0.3×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: ConocoPhillips’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 7:39 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001163165-26-000032
Three Months Ended June 30, 2026Millions of Dollars / AlaskaMillions of Dollars / L48Millions of Dollars / CanadaMillions of Dollars / EMENAMillions of Dollars / APMillions of Dollars / Segment TotalsMillions of Dollars / CorporateMillions of Dollars / Consolidated Total
Income tax provision (benefit)1597221041,0331102,128232,151
Total1,0274,1455271,5443047,547187,565
Other segment items
Equity in earnings of affiliates(45)(167)(212)(27)(239)
Interest income(80)(80)
Interest and debt expense182182
Other**3246,2994574311487,6591437,802
Total3246,299457386(19)7,4472187,665

Item 1. Financial Statements

FAQ

What is ConocoPhillips's canada operating segment — equity in earnings of affiliates?
ConocoPhillips (COP) reported canada operating segment — equity in earnings of affiliates of $0 in Q2 2026.
What does canada operating segment — equity in earnings of affiliates mean?
This represents the company's share of net income or loss from investments in entities where it holds significant influence but not full control within the Canadian region. It reflects the performance of joint ventures or minority-owned partnerships.

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