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ConocoPhillips COP EMENA — Operating Costs and Expenses

Other segment segments

Lower 48
$1.46B
Alaska Segment
$475M-6.1%
Canada Operating Segment
$189M-6.0%
Asia Pacific Operating Segment
$80M+23.1%
Corporate
$22M+15.8%

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LINEMEA — Fixed costs and other
$490M+14.2%

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 EMENA — operating costs and expenses?
ConocoPhillips (COP) reported EMENA — operating costs and expenses of $257M in Q1 2026.
How has ConocoPhillips's EMENA — operating costs and expenses changed year-over-year?
ConocoPhillips's EMENA — operating costs and expenses increased by 14.7% year-over-year, from $224M to $257M.
What is the long-term trend for ConocoPhillips's EMENA — operating costs and expenses?
Over 3 years (2022 to 2025), ConocoPhillips's EMENA — operating costs and expenses has grown at a 17.7% compound annual growth rate (CAGR), from $590M to $962M.
What does EMENA — operating costs and expenses mean?
The total direct costs incurred to operate and maintain production assets in the EMENA region.
How do you interpret EMENA — operating costs and expenses?
An increase may signal rising operational complexity or inflationary pressures, whereas a decrease suggests improved cost management or operational efficiencies.
How does EMENA — operating costs and expenses compare across companies?
Commonly reported as segment-level operating expenses in the upstream oil and gas industry.