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.

ConocoPhillips (COP) Total Segments — Operating Costs and Expenses

Screener

Other segment segments

Lower 48

$1.46B—

Alaska Segment

$522M-4.4%

Canada Operating Segment

$290M+34.3%

EMENA

$270M+16.4%

Asia Pacific Operating Segment

$87M+2.4%

Corporate

-$14M-174%

Similar metrics at other companies

HIWOther Segment — Operating Costs and Expenses

$6.25M+36.3%

NSA

NSAReportable Segment — Operating Costs and Expenses

$52.03M-5.6%

ELSProperty Operations — Operating Costs and Expenses

$191.55M+3.6%

LILALiberty Costa Rica — Operating Costs and Expenses

$104.7M+7.6%

NWSNews and Information Services Segment — Operating Costs and Expenses

$298M+7.2%

GATXOther — Operating Costs and Expenses

$5.4M-11.5%

Other financials

Income statement

See full

Revenue$19.2B+36.8%

Gross profit$12.4B+39.6%

Net income$3.9B+99.4%

EPS (diluted)$3.23+107%

Balance sheet

See full

Cash & equivalents$7.0B+33.3%

Total debt$23.8B-0.6%

Total equity$65.3B-0.3%

Total assets$124.26B+1.4%

Cash flow

See full

Operating cash flow$7.4B+113%

CapEx$3.0B-8.9%

Free cash flow$1.3B+13.6%

Valuation

See full

Market cap$140.27B+19.3%

Enterprise value$157.07B+15.3%

P/E15.1×+2.3×

P/S2.2×+0.2×

Profitability

See full

Gross margin62%-1.5pp

Net margin14.7%-1.2pp

FCF margin12.3%-2.3pp

Returns & leverage

See full

Return on equity14.2%-1.8pp

Debt / equity0.4×0.0×

Current ratio1.5×+0.3×

Where this comes from

Reported directly by ConocoPhillips in its filing.

Tagged under the XBRL concept us-gaap:OperatingCostsAndExpenses.

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
Intersegment eliminations	—	(3)	(621)	—	—	(624)	(9)	(633)
Consolidated sales and other operating revenues	1,873	13,028	1,304	2,276	674	19,155	6	19,161
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

Item 1. Financial Statements

FAQ

What is ConocoPhillips's total segments — operating costs and expenses?: ConocoPhillips (COP) reported total segments — operating costs and expenses of $2.45B in Q2 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 4.2% year-over-year, from $2.55B to $2.45B.
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.