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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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$5.4M-11.5%

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-5.6%
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%
CapEx$3.0B-75.5%
Free cash flow$1.3B

Valuation

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Market cap$146.78B+25.2%
Enterprise value$163.83B+20.6%
P/E20.1×+7.3×
P/S2.5×+0.5×

Profitability

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Gross margin61.5%-2.2pp
Net margin12.6%-4.0pp
FCF margin12.3%

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 source filing: ConocoPhillips’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 7:41 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001163165-26-000018
Three Months Ended March 31, 2026Millions of Dollars / AlaskaMillions of Dollars / L48Millions of Dollars / CanadaMillions of Dollars / EMENAMillions of Dollars / APMillions of Dollars / Segments TotalMillions of Dollars / CorporateMillions of Dollars / Consolidated Total
Intersegment eliminations(6)(656)(662)(9)(671)
Consolidated sales and other operating revenues1,52311,0801,0171,62750115,7481315,761
Significant segment expenses*
Production and operating expenses4751,253189257802,254222,276
DD&A3522,0511522391032,89792,906
Income tax provision (benefit)9239527725601,299(119)1,180
Total9193,6993681,2212436,450(88)6,362
Other segment items

Item 1. Financial Statements

FAQ

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?
Includes all direct costs associated with the exploration, development, and production activities within the EMENA segment. This encompasses lease operating expenses, transportation costs, and general administrative overheads specific to regional operations. Monitoring this metric is essential for assessing the cost-efficiency of regional extraction and processing activities.

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