Business Segments · Consolidated sales and other operating revenues

Lower 48 — Consolidated sales and other operating revenues

ConocoPhillips Lower 48 — Consolidated sales and other operating revenues decreased by 4.0% to $11.09B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $11.55B to $11.09B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher production volumes or favorable commodity price realization, while a decrease suggests lower output or declining market prices.

Detailed definition

Represents the total gross revenue generated from the sale of oil, natural gas, and natural gas liquids produced within...

Peer comparison

Standard across E&P companies as 'Segment Revenue' or 'Upstream Sales'.

Metric ID: cop_segment_lower_48_consolidated_sales_and_other_operating_revenues

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '25Q1 '26
Value$7.33B$7.33B$7.33B$13.23B$13.23B$13.23B$13.23B$11.55B$11.09B
QoQ Change+0.0%+0.0%+80.6%+0.0%+0.0%+0.0%-12.7%-4.0%
YoY Change+80.6%+80.6%+80.6%-4.0%
Range$7.33B$13.23B
CAGR+23.0%
Avg YoY Growth+59.4%
Median YoY Growth+80.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is ConocoPhillips's lower 48 — consolidated sales and other operating revenues?
ConocoPhillips (COP) reported lower 48 — consolidated sales and other operating revenues of $11.09B in Q1 2026.
How has ConocoPhillips's lower 48 — consolidated sales and other operating revenues changed year-over-year?
ConocoPhillips's lower 48 — consolidated sales and other operating revenues decreased by 4.0% year-over-year, from $11.55B to $11.09B.
What does lower 48 — consolidated sales and other operating revenues mean?
Total revenue generated from oil and gas production activities in the Lower 48 United States.