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ConocoPhillips COP Canada Operating Segment — Significant Segment Expenses

Other segment segments

Lower 48
$4.15B+7.4%
EMENA
$1.54B+50.9%
Alaska Segment
$1.03B+7.7%
Asia Pacific Operating Segment
$304M+12.6%
Corporate
$18M+131%

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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 cop:SignificantSegmentExpenses.

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
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
Equity in earnings of affiliates(45)(167)(212)(27)(239)
Interest income(80)(80)
Interest and debt expense182182

Item 1. Financial Statements

FAQ

What is ConocoPhillips's canada operating segment — significant segment expenses?
ConocoPhillips (COP) reported canada operating segment — significant segment expenses of $527M in Q2 2026.
How has ConocoPhillips's canada operating segment — significant segment expenses changed year-over-year?
ConocoPhillips's canada operating segment — significant segment expenses increased by 28.9% year-over-year, from $409M to $527M.
What is the long-term trend for ConocoPhillips's canada operating segment — significant segment expenses?
Over 3 years (2022 to 2025), ConocoPhillips's canada operating segment — significant segment expenses has grown at a 10.7% compound annual growth rate (CAGR), from $1.2B to $1.63B.
What does canada operating segment — significant segment expenses mean?
This captures material, non-routine, or specific operational costs that are distinct from standard production expenses within the Canadian segment. It provides transparency into unique cost drivers that impact the segment's bottom line.

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