Operating Expenses
ConocoPhillips·Income Statement·9 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Operating Expenses Including Nonoperating Income Expense And Interest And Debt Expense | $10.5B | $10.4B | $11.8B | $12.6B | $11.7B | $12.6B | $11.9B | $12.7B |
| Depreciation and amortization | $2.3B | $2.4B | $2.7B | $2.7B | $2.8B | $2.9B | $3B | $2.9B |
| Shipping and Handling Costs | $2.2B | $2.3B | $2.3B | $2.5B | $2.6B | $2.6B | $2.6B | $2.3B |
| Selling, general and administrative | $164M | $186M | $630M | $191M | $250M | $271M | $181M | $193M |
| Exploration Expense | $102M | $70M | $71M | $117M | $81M | $71M | $138M | $109M |
| Accretion Expense | $80M | $80M | $85M | $94M | $95M | $94M | $95M | $97M |
| Exploration Abandonment and Impairment | $29M | — | — | $61M | $24M | $20M | $76M | $34M |
| Restructuring charges | — | — | — | — | — | — | $42M | $10M |
| Research and development | $20.3M | $20.3M | $20.3M | $19.5M | $19.5M | $19.5M | $19.5M | — |