Screener
ConocoPhillips COP Lower 48 — Income tax provision (benefit)
Other segment segments
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by ConocoPhillips in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.
The source filing: ConocoPhillips’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 7:39 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001163165-26-000032
| Three Months Ended June 30, 2026 | Millions of Dollars / Alaska | Millions of Dollars / L48 | Millions of Dollars / Canada | Millions of Dollars / EMENA | Millions of Dollars / AP | Millions of Dollars / Segment Totals | Millions of Dollars / Corporate | Millions of Dollars / Consolidated Total |
|---|---|---|---|---|---|---|---|---|
| Significant segment expenses* | ||||||||
| Production and operating expenses | 522 | 1,276 | 290 | 270 | 87 | 2,445 | (14) | 2,431 |
| DD&A | 346 | 2,147 | 133 | 241 | 107 | 2,974 | 9 | 2,983 |
| Income tax provision (benefit) | 159 | 722 | 104 | 1,033 | 110 | 2,128 | 23 | 2,151 |
| Total | 1,027 | 4,145 | 527 | 1,544 | 304 | 7,547 | 18 | 7,565 |
| Other segment items | ||||||||
| Equity in earnings of affiliates | — | — | — | (45) | (167) | (212) | (27) | (239) |
| Interest income | — | — | — | — | — | — | (80) | (80) |
Item 1. Financial Statements
FAQ
- What is ConocoPhillips's lower 48 — income tax provision (benefit)?
- ConocoPhillips (COP) reported lower 48 — income tax provision (benefit) of $722M in Q2 2026.
- How has ConocoPhillips's lower 48 — income tax provision (benefit) changed year-over-year?
- ConocoPhillips's lower 48 — income tax provision (benefit) increased by 89.0% year-over-year, from $382M to $722M.
- What is the long-term trend for ConocoPhillips's lower 48 — income tax provision (benefit)?
- Over 3 years (2021 to 2024), ConocoPhillips's lower 48 — income tax provision (benefit) has grown at a 1.7% compound annual growth rate (CAGR), from $1.39B to $1.46B.
- What does lower 48 — income tax provision (benefit) mean?
- The estimated income tax expense or benefit allocated to the specific operating segment based on its pre-tax earnings and applicable tax jurisdictions. This reflects the fiscal burden associated with domestic production activities.
Ask your AI about ConocoPhillips's lower 48 — income tax provision (benefit).
Connect your AI assistant and compare segments, right in your chat.
Connect your AI
Claude