ConocoPhillips COP Canada — Severance expense
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Where this comes from
Reported directly by ConocoPhillips in its filing.
Tagged under the XBRL concept us-gaap:SeveranceCosts1.
The source filing: ConocoPhillips’s 10-K, filed February 17, 2026.
- Filed
- Feb 17, 2026, 11:32 AM EST
- Fiscal year
- FY2025
- Accession
- 0001163165-26-000009
During 2025, we announced certain restructuring initiatives and reduced our overall employee workforce, resulting in associated severance expense of $286 million, with $214 million reported as “Production and operating expenses” and $72 million reported as “Selling, general and administrative expenses” on the consolidated income statement. Approximately $43 million was in Alaska, $87 million in Lower 48, $29 million in Canada, $48 million in Europe, Middle East and North Africa, $7 million in Asia Pacific and $72 million in Corporate and Other.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is ConocoPhillips's canada — severance expense?
- ConocoPhillips (COP) reported canada — severance expense of $7.25M in Q4 2025.
- What does canada — severance expense mean?
- Represents the costs associated with employee termination benefits and workforce restructuring within a specific operating segment. This metric reflects one-time charges incurred when the company reduces headcount or reorganizes operations to improve efficiency.
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