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ConocoPhillips COP Canada Operating Segment — Operating Costs and Expenses

Other segment segments

Lower 48
$1.46B
Alaska Segment
$475M-6.1%
EMENA
$257M+14.7%
Asia Pacific Operating Segment
$80M+23.1%
Corporate
$22M+15.8%

Similar metrics at other companies

Ovintiv logo
OVVCanadian Operations — Operating Expenses
$1.09B-13.5%
Ovintiv logo
OVVCanadian Operations — Direct Operating Costs
$51M+41.7%
Ovintiv logo
OVVCN — Result Of Operations Operating Costs
$0
Ovintiv logo
OVVCN — Results Of Operations Production Operating Costs Production And Mineral Taxes And Accretion
$4.25M
Ovintiv logo
OVVCN — Results Of Operations Production Or Lifting Costs
$0
Ovintiv logo
OVVUS — Results Of Operations Production Operating Costs Production And Mineral Taxes And Accretion
$204.75M+84.0%

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:OperatingCostsAndExpenses.

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 — operating costs and expenses?
ConocoPhillips (COP) reported canada operating segment — operating costs and expenses of $189M in Q1 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 decreased by 6.0% year-over-year, from $201M to $189M.
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?
The total cash expenses incurred to operate and maintain production assets in Canada.
How do you interpret canada operating segment — operating costs and expenses?
An increase relative to revenue suggests margin compression, while a decrease indicates improved operational efficiency or lower cost-per-barrel.
How does canada operating segment — operating costs and expenses compare across companies?
Comparable to 'Lease Operating Expenses' (LOE) or 'Production Costs' at peer energy firms.