What is ConocoPhillips's lower 48 — other?

ConocoPhillips (COP) reported lower 48 — other of $5.98B in Q1 2026.

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

ConocoPhillips's lower 48 — other increased by 1.0% year-over-year, from $5.92B to $5.98B.

What is the long-term trend for ConocoPhillips's lower 48 — other?

Over 3 years (2022 to 2025), ConocoPhillips's lower 48 — other has grown at a -11.8% compound annual growth rate (CAGR), from $30.29B to $20.79B.

What does lower 48 — other mean?

A catch-all category for miscellaneous income or expenses that do not fit into primary operating or financial categories. This often includes non-recurring items, legal settlements, or minor asset adjustments.

ConocoPhillips (COP) Lower 48 — Other

Screener

Other segment segments

Canada Operating Segment

$564M+78.5%

Alaska Segment

$310M+9.5%

EMENA

$236M-28.3%

Corporate

$159M+12.0%

Asia Pacific Operating Segment

$127M+74.0%

Similar metrics at other companies

HDOther — Other

$1M+150%

SJMOther — Other

$400K+105%

WHROther — Other

$0—

CRBGCorporate & Other — Other

$0—

AFLOther — Other

$0—

GLOther — Other

-$4.7M-0.8%

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

See full

Gross margin61.5%-2.2pp

Net margin12.6%-4.0pp

FCF margin12.3%—

Returns & leverage

See full

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 cop:OtherSegmentExpense.

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, 2026	Millions of Dollars / Alaska	Millions of Dollars / L48	Millions of Dollars / Canada	Millions of Dollars / EMENA	Millions of Dollars / AP	Millions of Dollars / Segments Total	Millions of Dollars / Corporate	Millions of Dollars / Consolidated Total
Equity in earnings of affiliates	—	—	—	(95)	(164)	(259)	12	(247)
Interest income	—	—	—	—	—	—	(109)	(109)
Interest and debt expense	—	—	—	—	—	—	198	198
Other**	310	5,978	564	236	127	7,215	159	7,374
Total	310	5,978	564	141	(37)	6,956	260	7,216
Net income (loss)	$294	1,403	85	265	295	2,342	(159)	2,183
#Includes revenue from physical contracts meeting the definition of a derivative that are outside the scope of ASC Topic 606 for the L48, Canada and EMENA segments of $1.7 billion, $0.2 billion and $0.2 billion, respectively.
*The significant segment expense categories and amounts in the table above align with segment-level information that is regularly provided to the CODM.

Item 1. Financial Statements

FAQ

What is ConocoPhillips's lower 48 — other?: ConocoPhillips (COP) reported lower 48 — other of $5.98B in Q1 2026.
How has ConocoPhillips's lower 48 — other changed year-over-year?: ConocoPhillips's lower 48 — other increased by 1.0% year-over-year, from $5.92B to $5.98B.
What is the long-term trend for ConocoPhillips's lower 48 — other?: Over 3 years (2022 to 2025), ConocoPhillips's lower 48 — other has grown at a -11.8% compound annual growth rate (CAGR), from $30.29B to $20.79B.
What does lower 48 — other mean?: A catch-all category for miscellaneous income or expenses that do not fit into primary operating or financial categories. This often includes non-recurring items, legal settlements, or minor asset adjustments.