What does total segments — significant segment expenses mean?

This category aggregates major operational costs directly attributable to the exploration and production segments, excluding standard depreciation and overheads. It captures the core cash-based costs of running the business, such as field operating expenses and production taxes. Monitoring this helps evaluate the underlying cost structure of the company's asset base.

ConocoPhillips (COP) Total Segments — Significant Segment Expenses

Screener

Other segment segments

Lower 48

$3.7B-3.7%

EMENA

$1.22B-10.5%

Alaska Segment

$919M-8.1%

Canada Operating Segment

$368M-10.9%

Asia Pacific Operating Segment

$243M-2.0%

Corporate

-$88M—

Similar metrics at other companies

PAANGL — Significant Segment Expenses

$48M+4.3%

PAGPNGL — Significant Segment Expenses

$48M+4.3%

PAACrude Oil — Significant Segment Expenses

$11.95B+10.0%

PAGPCrude Oil — Significant Segment Expenses

$11.95B+10.0%

PRGFour — Segment, Significant Segment Expenses

$22.25M+105%

FGReportable Segment — Segment Reporting, Significant Expense Total

$577M-8.7%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$4.3B-29.8%

CapEx$3.0B-75.5%

Free cash flow$1.3B—

Valuation

See full

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: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 total segments — significant segment expenses?: ConocoPhillips (COP) reported total segments — significant segment expenses of $6.45B in Q1 2026.
How has ConocoPhillips's total segments — significant segment expenses changed year-over-year?: ConocoPhillips's total segments — significant segment expenses decreased by 6.1% year-over-year, from $6.87B to $6.45B.
What does total segments — significant segment expenses mean?: This category aggregates major operational costs directly attributable to the exploration and production segments, excluding standard depreciation and overheads. It captures the core cash-based costs of running the business, such as field operating expenses and production taxes. Monitoring this helps evaluate the underlying cost structure of the company's asset base.