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ConocoPhillips COP Lower 48 — Significant Segment Expenses
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Where this comes from
Reported directly by ConocoPhillips in its filing.
Tagged under the XBRL concept cop:SignificantSegmentExpenses.
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 |
|---|---|---|---|---|---|---|---|---|
| Production and operating expenses | 475 | 1,253 | 189 | 257 | 80 | 2,254 | 22 | 2,276 |
| DD&A | 352 | 2,051 | 152 | 239 | 103 | 2,897 | 9 | 2,906 |
| Income tax provision (benefit) | 92 | 395 | 27 | 725 | 60 | 1,299 | (119) | 1,180 |
| Total | 919 | 3,699 | 368 | 1,221 | 243 | 6,450 | (88) | 6,362 |
| Other segment items | ||||||||
| Equity in earnings of affiliates | — | — | — | (95) | (164) | (259) | 12 | (247) |
| Interest income | — | — | — | — | — | — | (109) | (109) |
| Interest and debt expense | — | — | — | — | — | — | 198 | 198 |
Item 1. Financial Statements
FAQ
- What is ConocoPhillips's lower 48 — significant segment expenses?
- ConocoPhillips (COP) reported lower 48 — significant segment expenses of $3.7B in Q1 2026.
- How has ConocoPhillips's lower 48 — significant segment expenses changed year-over-year?
- ConocoPhillips's lower 48 — significant segment expenses decreased by 3.7% year-over-year, from $3.84B to $3.7B.
- What is the long-term trend for ConocoPhillips's lower 48 — significant segment expenses?
- Over 3 years (2022 to 2025), ConocoPhillips's lower 48 — significant segment expenses has grown at a 9.9% compound annual growth rate (CAGR), from $11.58B to $15.36B.
- What does lower 48 — significant segment expenses mean?
- Aggregated major operating costs directly attributable to the segment, excluding depreciation and specific overheads. This captures the core cash operating expenses required to maintain production levels.
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