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ConocoPhillips COP Canada Operating Segment — Operating Costs and Expenses

Other segment segments

Lower 48
$1.46B
Alaska Segment
$522M-4.4%
EMENA
$270M+16.4%
Asia Pacific Operating Segment
$87M+2.4%
Corporate
-$14M-174%

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ELSHome Sales and Rentals Operations — Operating Costs and Expenses
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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:OperatingCostsAndExpenses.

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
Intersegment eliminations(3)(621)(624)(9)(633)
Consolidated sales and other operating revenues1,87313,0281,3042,27667419,155619,161
Significant segment expenses*
Production and operating expenses5221,276290270872,445(14)2,431
DD&A3462,1471332411072,97492,983
Income tax provision (benefit)1597221041,0331102,128232,151
Total1,0274,1455271,5443047,547187,565
Other segment items

Item 1. Financial Statements

FAQ

What is ConocoPhillips's canada operating segment — operating costs and expenses?
ConocoPhillips (COP) reported canada operating segment — operating costs and expenses of $290M in Q2 2026.
How has ConocoPhillips's canada operating segment — operating costs and expenses changed year-over-year?
ConocoPhillips's canada operating segment — operating costs and expenses increased by 34.3% year-over-year, from $216M to $290M.
What is the long-term trend for ConocoPhillips's canada operating segment — operating costs and expenses?
Over 3 years (2022 to 2025), ConocoPhillips's canada operating segment — operating costs and expenses has grown at a 12.1% compound annual growth rate (CAGR), from $591M to $833M.
What does canada operating segment — operating costs and expenses mean?
This metric captures the direct costs associated with operating the Canadian assets, including production taxes, transportation, and field-level operating expenses. It excludes corporate overhead and depreciation, focusing on the cash costs required to maintain production.

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