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ConocoPhillips COP Canada Operating Segment — Net income (loss)

Other segment segments

Lower 48
$1.4B-21.6%
Lower Forty Eight
$835M—
Asia Pacific Operating Segment
$295M-5.1%
Alaska Segment
$294M-10.1%
EMENA
$265M-36.8%
Corporate
-$159M+37.4%

Similar metrics at other companies

Ovintiv logo
OVVCanadian Operations — Operating Income
$8M+102%
PPG Industries logo
PPGUnited States and Canada — Segment income (loss)
$268M-1.8%
Ovintiv logo
OVVCN — Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
$0—
CNP
CNPCorporate and Other — Net Income (Loss)
-$22M+45.0%
Ovintiv logo
OVVCanadian Operations — Revenue
$1.09B+50.9%
Coeur Mining logo
CDEOperating Segments — Net Income Loss
-$296.72M-82.4%

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

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

Returns & leverage

See full
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:NetIncomeLoss.

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 canada operating segment — net income (loss)?
ConocoPhillips (COP) reported canada operating segment — net income (loss) of $85M in Q1 2026.
How has ConocoPhillips's canada operating segment — net income (loss) changed year-over-year?
ConocoPhillips's canada operating segment — net income (loss) decreased by 66.8% year-over-year, from $256M to $85M.
What is the long-term trend for ConocoPhillips's canada operating segment — net income (loss)?
Over 4 years (2021 to 2025), ConocoPhillips's canada operating segment — net income (loss) has grown at a 12.8% compound annual growth rate (CAGR), from $458M to $741M.
What does canada operating segment — net income (loss) mean?
The total profit or loss generated specifically by the company's Canadian business operations.
How do you interpret canada operating segment — net income (loss)?
An increase indicates improved operational efficiency or higher realized commodity prices in the region, while a decrease suggests rising costs, lower production volumes, or unfavorable market conditions.
How does canada operating segment — net income (loss) compare across companies?
Peers in the upstream oil and gas sector report similar segment-level net income figures, typically adjusted for regional tax regimes and production costs.