ConocoPhillips COP Lower 48 — Equity investments

Other segment segments

Similar metrics at other companies

CNP

CNPCorporate and Other — Equity in earnings (loss) of unconsolidated affiliates, net

$0—

CNP

CNPElectric — Equity in earnings (loss) of unconsolidated affiliates, net

$0—

PAACrude Oil — Equity earnings in unconsolidated entities

$89M-13.6%

DOWCorporate Segment — Equity in earnings (losses) of nonconsolidated affiliates

$2M+100%

CVXAll Other — Income (loss) from equity affiliates

$0+100%

CNP

CNPMidstream Investments — Equity in earnings (loss) of unconsolidated affiliates, net

$67M+55.8%

Questions, answered.

What is ConocoPhillips's lower 48 — equity investments?

ConocoPhillips (COP) reported lower 48 — equity investments of $1M in Q1 2026.

How has ConocoPhillips's lower 48 — equity investments changed year-over-year?

ConocoPhillips's lower 48 — equity investments decreased by 99.2% year-over-year, from $125M to $1M.

What does lower 48 — equity investments mean?

The segment's proportional share of profits or losses from joint ventures and equity-accounted partnerships.

How do you interpret lower 48 — equity investments?

Positive values indicate profitable performance of joint ventures, while negative values suggest losses or underperformance in these partnerships.

How does lower 48 — equity investments compare across companies?

Standard 'Equity in Earnings of Affiliates' reported by most large-cap energy firms.