ConocoPhillips COP Lower 48 — Income tax provision (benefit)

Other segment segments

Similar metrics at other companies

CPRTOperating Segments — Income Tax Expense Benefit

$43.81M+8.1%

ESOperating Segments — Income Tax Expense Benefit

$144.7M+4.2%

XPO

XPOOperating Segments — Income Tax Expense Benefit

$0—

KEYOperating Segments — Income Tax Expense Benefit

$75M-18.5%

NRGOperating Segments — Income Tax Expense Benefit

$2M+60.0%

AEEOperating Segments — Income Tax Expense Benefit

$155.75M+47.3%

Questions, answered.

What is ConocoPhillips's lower 48 — income tax provision (benefit)?

ConocoPhillips (COP) reported lower 48 — income tax provision (benefit) of $395M in Q1 2026.

How has ConocoPhillips's lower 48 — income tax provision (benefit) changed year-over-year?

ConocoPhillips's lower 48 — income tax provision (benefit) decreased by 11.8% year-over-year, from $448M to $395M.

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 portion of the company's total tax bill attributed to this specific business segment.

How do you interpret lower 48 — income tax provision (benefit)?

Changes reflect fluctuations in segment profitability or shifts in the effective tax rate applied to domestic operations.

How does lower 48 — income tax provision (benefit) compare across companies?

Standard segment-level tax reporting; comparable to 'Segment Income Tax' at peer companies.