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ConocoPhillips COP Total Segments — Operating Costs and Expenses

Other segment segments

Lower 48
$1.46B
Alaska Segment
$475M-6.1%
EMENA
$257M+14.7%
Canada Operating Segment
$189M-6.0%
Asia Pacific Operating Segment
$80M+23.1%
Corporate
$22M+15.8%

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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$131.26B+21.2%
Enterprise value$148.31B+18.2%
P/E17.9×+6.6×
P/S2.3×+0.4×

Profitability

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Gross margin61.5%-2.2pp
Net margin12.6%-4.0pp
FCF margin12.3%

Returns & leverage

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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 us-gaap:OperatingCostsAndExpenses.

The official record: ConocoPhillips’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ConocoPhillips's total segments — operating costs and expenses?
ConocoPhillips (COP) reported total segments — operating costs and expenses of $2.25B in Q1 2026.
How has ConocoPhillips's total segments — operating costs and expenses changed year-over-year?
ConocoPhillips's total segments — operating costs and expenses decreased by 9.4% year-over-year, from $2.49B to $2.25B.
What does total segments — operating costs and expenses mean?
This metric aggregates the total costs incurred to produce, transport, and process oil and gas, including depreciation, depletion, and amortization. It serves as a primary measure of the operational efficiency and cost structure of the company's exploration and production activities.