Operating Expenses

Shipping and Handling Costs

ConocoPhillips Shipping and Handling Costs decreased by 13.2% to $2.28B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.2%, from $2.51B to $2.28B. Over 4 years (FY 2021 to FY 2025), Shipping and Handling Costs shows an upward trend with a 16.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Rising costs may indicate higher fuel prices or logistical inefficiencies, whereas stable or falling costs suggest optimized supply chain management.

Detailed definition

Shipping and handling costs encompass the expenses related to the logistics, transportation, and delivery of products to...

Peer comparison

Common in logistics, manufacturing, and energy; peers are compared based on shipping costs as a percentage of total revenue.

Metric ID: cop_shipping_and_handling_costs

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.38B$1.39B$1.54B$1.58B$1.74B$1.80B$1.89B$1.78B$1.89B$2.00B$2.03B$2.02B$2.16B$2.26B$2.31B$2.51B$2.57B$2.63B$2.62B$2.28B
QoQ Change+0.7%+11.1%+2.5%+10.1%+3.3%+4.8%-5.6%+6.0%+5.8%+1.9%-0.9%+7.4%+4.5%+2.2%+8.4%+2.6%+2.3%-0.4%-13.2%
YoY Change+26.3%+29.5%+22.2%+12.5%+8.3%+10.9%+7.9%+13.3%+14.7%+13.3%+13.7%+24.4%+18.9%+16.4%+13.4%-9.2%
Range$1.38B$2.63B
CAGR+11.1%
Avg YoY Growth+14.8%
Median YoY Growth+13.5%
Current Streak2 quarters decline

Product Breakdown

View all
SegmentFY'22FY'23
Shipping and Handling Costs$1.60B$1.70B
Total$7.01B$7.69B

All segment values are derived from annual filings.

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Alaska Segment$506.00M$546.00M$564.00M$542.00M$475.00M
EMENA$224.00M$232.00M$213.00M$293.00M$257.00M
Canada Operating Segment$201.00M$216.00M$218.00M$198.00M$189.00M
Asia Pacific Operating Segment$65.00M$85.00M$101.00M$116.00M$80.00M
Corporate$19.00M$19.00M$102.00M$15.00M$22.00M
Lower 48$1.46B
Other International$0.00$0.00$0.00$0.00$0.00$0.00
Total$2.16B$2.26B$2.31B$2.51B$2.57B$2.63B$2.62B$2.28B

Other International was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is ConocoPhillips's shipping and handling costs?
ConocoPhillips (COP) reported shipping and handling costs of $2.28B in Q1 2026.
How has ConocoPhillips's shipping and handling costs changed year-over-year?
ConocoPhillips's shipping and handling costs decreased by 9.2% year-over-year, from $2.51B to $2.28B.
What is the long-term trend for ConocoPhillips's shipping and handling costs?
Over 4 years (2021 to 2025), ConocoPhillips's shipping and handling costs has grown at a 16.1% compound annual growth rate (CAGR), from $5.69B to $10.33B.
What does shipping and handling costs mean?
The expenses incurred to transport and deliver products to customers.