ConocoPhillips COP Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Consolidated sales and other operating revenues by Business | ||||||
| Alaska Segment | $1.52B+19.9% | $1.27B-12.0% | $1.44B+9.7% | $1.32B-18.3% | $1.61B-0.6% | |
| Asia Pacific Operating Segment | $501M+39.2% | $360M-30.1% | $515M+9.3% | $471M+11.1% | $424M+20.5% | |
| Canada Operating Segment | $1.67B+26.7% | $1.32B-6.6% | $1.41B+6.0% | $1.33B-12.9% | $1.53B+2.1% | |
| Corporate | $22M+214% | $7M-70.8% | $24M+71.4% | $14M-22.2% | $18M+28.6% | |
| EMENA | $1.63B+3.8% | $1.57B-0.7% | $1.58B+12.7% | $1.4B-27.8% | $1.94B+14.3% | |
| Lower 48 | $11.09B— | —— | $10.54B+5.8% | $9.97B-13.7% | $11.55B+20.5% | |
| Segment Reporting, Other Segment Item, Amount by Business | ||||||
| Alaska Segment | $310M+47.6% | $210M-41.8% | $361M+59.7% | $226M-20.1% | $283M-16.5% | |
| Asia Pacific Operating Segment | -$37M+63.4% | -$101M-4.1% | -$97M+24.8% | -$129M+4.4% | -$135M+36.6% | |
| Canada Operating Segment | $564M+76.3% | $320M-3.9% | $333M+14.8% | $290M-8.2% | $316M+7.5% | |
| Corporate | $260M+16.1% | $224M-44.6% | $404M+16.8% | $346M+31.1% | $264M-69.7% | |
| EMENA | $141M-7.8% | $153M+30.8% | $117M-16.4% | $140M-10.3% | $156M-26.4% | |
| Lower 48 | $5.98B+26.8% | $4.71B-13.3% | $5.44B+15.6% | $4.71B-20.5% | $5.92B+23.6% | |
| Net income (loss) by Business | ||||||
| Alaska Segment | $294M+113% | $138M+6.2% | $130M-3.7% | $135M-58.7% | $327M-7.4% | |
| Asia Pacific Operating Segment | $295M+35.9% | $217M-29.8% | $309M-6.4% | $330M+6.1% | $311M-0.6% | |
| Canada Operating Segment | $85M-42.6% | $148M-21.3% | $188M+26.2% | $149M-41.8% | $256M+4.1% | |
| Corporate | -$159M-22.3% | -$130M+72.5% | -$472M-68.6% | -$280M-10.2% | -$254M-9.0% | |
| EMENA | $265M+10.0% | $241M-26.3% | $327M+38.0% | $237M-43.4% | $419M+24.7% | |
| Lower 48 | $1.4B— | —— | $1.24B-11.4% | $1.4B-21.8% | $1.79B+38.3% | |
| Income tax provision (benefit) by Business | ||||||
| Alaska Segment | $92M+283% | $24M-60.7% | $61M+29.8% | $47M-66.2% | $139M+15.8% | |
| Asia Pacific Operating Segment | $60M+233% | $18M-79.8% | $89M+32.8% | $67M+4.7% | $64M+68.4% | |
| Canada Operating Segment | $27M-40.0% | $45M-25.0% | $60M+20.0% | $50M-38.3% | $81M+6.6% | |
| Corporate | -$119M-0.8% | -$118M-307% | -$29M+68.8% | -$93M-151% | -$37M+94.4% | |
| EMENA | $725M+15.3% | $629M-7.0% | $676M+14.0% | $593M-35.7% | $922M+25.8% | |
| Lower 48 | $395M— | —— | $345M-9.7% | $382M-14.7% | $448M+23.4% | |
| Significant Segment Expenses by Business | ||||||
| Alaska Segment | $919M-0.3% | $922M-3.2% | $952M-0.2% | $954M-4.6% | $1B+7.9% | |
| Asia Pacific Operating Segment | $243M-0.4% | $244M-19.5% | $303M+12.2% | $270M+8.9% | $248M-1.6% | |
| Canada Operating Segment | $368M-3.9% | $383M-8.8% | $420M+2.7% | $409M-1.0% | $413M-5.5% | |
| Corporate | -$88M+7.4% | -$95M-213% | $84M+242% | -$59M— | $0+100% | |
| EMENA | $1.22B+4.2% | $1.17B+3.4% | $1.13B+10.9% | $1.02B-25.1% | $1.37B+18.7% | |
| Lower 48 | $3.7B-2.6% | $3.8B-1.6% | $3.86B0.0% | $3.86B+0.4% | $3.84B+9.6% | |
| Other by Business | ||||||
| Alaska Segment | $310M+46.9% | $211M-41.6% | $361M+59.7% | $226M-20.1% | $283M-16.5% | |
| Asia Pacific Operating Segment | $127M+62.8% | $78M-21.2% | $99M+70.7% | $58M-20.5% | $73M+92.1% | |
| Canada Operating Segment | $564M+76.3% | $320M-3.9% | $333M+14.8% | $290M-8.2% | $316M+7.5% | |
| Corporate | $159M+27.2% | $125M-46.1% | $232M+22.1% | $190M+33.8% | $142M-82.4% | |
| EMENA | $236M-11.3% | $266M-2.9% | $274M+7.5% | $255M-22.5% | $329M-10.4% | |
| Lower 48 | $5.98B+26.8% | $4.71B-13.4% | $5.44B+15.6% | $4.71B-20.4% | $5.92B+23.6% | |
| Total Assets by Business | ||||||
| Alaska Segment | $20.81B+2.9% | $20.22B+2.5% | $19.74B+1.9% | $19.37B+4.2% | $18.59B+3.1% | |
| Asia Pacific Operating Segment | $8.33B+0.7% | $8.27B+2.7% | $8.05B-5.4% | $8.52B+2.2% | $8.33B-0.7% | |
| Canada Operating Segment | $9.89B-0.9% | $9.98B+1.8% | $9.8B-2.3% | $10.03B+4.4% | $9.6B+1.0% | |
| EMENA | $10.84B+2.7% | $10.55B+1.4% | $10.41B+2.7% | $10.13B-0.6% | $10.19B+4.3% | |
| Lower 48 | $62.68B+1.2% | $61.93B-3.8% | $64.39B-1.1% | $65.09B-1.8% | $66.29B-1.0% | |
| Investment Income, Interest by Business | ||||||
| Alaska Segment | $0— | $0— | $0— | $0— | $0— | |
| Asia Pacific Operating Segment | $0-100% | $2M0.0% | $2M0.0% | $2M0.0% | $2M0.0% | |
| Canada Operating Segment | $0— | $0— | $0— | $0— | $0— | |
| Corporate | $109M+4.8% | $104M+73.3% | $60M-7.7% | $65M-12.2% | $74M-20.4% | |
| EMENA | $0— | $0— | $0— | $0— | $0— | |
| Lower 48 | $0— | —— | $0— | $0— | $0— | |
| Equity investments by Business | ||||||
| Alaska Segment | $3M0.0% | $3M0.0% | $3M-25.0% | $4M0.0% | $4M+33.3% | |
| Asia Pacific Operating Segment | $4.95B+0.5% | $4.93B+2.2% | $4.82B-6.8% | $5.17B+3.7% | $4.99B+0.2% | |
| Canada Operating Segment | $0— | $0— | $0— | $0— | $0— | |
| EMENA | $2.35B+3.8% | $2.27B+4.9% | $2.16B+3.8% | $2.08B+1.4% | $2.06B+5.5% | |
| Lower 48 | $1M— | —— | $127M+0.8% | $126M+0.8% | $125M+1.6% | |
| Interest and Debt Expense by Business | ||||||
| Alaska Segment | $0— | $0— | $0— | $0— | $0— | |
| Asia Pacific Operating Segment | $0— | $0— | $0— | $0— | $0— | |
| Canada Operating Segment | $0— | $0— | $0— | $0— | $0— | |
| Corporate | $198M+1.5% | $195M-12.6% | $223M-3.9% | $232M+13.2% | $205M+7.3% | |
| EMENA | $0— | $0— | $0— | $0— | $0— | |
| Lower 48 | $0— | —— | $0— | $0— | $0— | |
| Equity in earnings of affiliates by Business | ||||||
| Alaska Segment | $0-100% | $1M— | $0— | $0— | $0— | |
| Asia Pacific Operating Segment | $164M-7.3% | $177M-8.8% | $194M+4.9% | $185M-10.2% | $206M-17.3% | |
| Canada Operating Segment | $0— | $0— | $0— | $0— | $0— | |
| Corporate | -$12M— | —— | -$9M-182% | $11M+22.2% | $9M-71.0% | |
| EMENA | $95M-15.9% | $113M-28.0% | $157M+36.5% | $115M-33.5% | $173M+11.6% | |
| Lower 48 | $0— | —— | $3M-25.0% | $4M0.0% | $4M-20.0% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Alaska Segment | $352M-1.1% | $356M+8.9% | $327M-9.4% | $361M+1.7% | $355M+2.9% | |
| Asia Pacific Operating Segment | $103M-6.4% | $110M-2.7% | $113M-4.2% | $118M-0.8% | $119M+7.2% | |
| Canada Operating Segment | $152M+8.6% | $140M-1.4% | $142M-0.7% | $143M+9.2% | $131M-22.0% | |
| Corporate | $9M+12.5% | $8M-27.3% | $11M-26.7% | $15M-16.7% | $18M+80.0% | |
| EMENA | $239M-4.4% | $250M+2.0% | $245M+23.7% | $198M-9.6% | $219M+0.9% | |
| Lower 48 | $2.05B-3.9% | $2.14B+2.7% | $2.08B+3.8% | $2B+5.2% | $1.9B+5.0% | |
| Operating Costs and Expenses by Business | ||||||
| Alaska Segment | $475M-12.4% | $542M-3.9% | $564M+3.3% | $546M+7.9% | $506M+9.5% | |
| Asia Pacific Operating Segment | $80M-31.0% | $116M+14.9% | $101M+18.8% | $85M+30.8% | $65M-36.9% | |
| Canada Operating Segment | $189M-4.5% | $198M-9.2% | $218M+0.9% | $216M+7.5% | $201M+4.1% | |
| Corporate | $22M+46.7% | $15M-85.3% | $102M+437% | $19M0.0% | $19M-13.6% | |
| EMENA | $257M-12.3% | $293M+37.6% | $213M-8.2% | $232M+3.6% | $224M+12.0% | |
| Lower 48 | $1.25B— | —— | $1.43B-2.7% | $1.47B-1.1% | $1.49B+12.0% | |
| Capital expenditures and investments by Business | ||||||
| Alaska Segment | $949M+15.5% | $822M+9.2% | $753M-23.6% | $986M-5.7% | $1.05B-4.2% | |
| Asia Pacific Operating Segment | $82M-46.8% | $154M+120% | $70M+9.4% | $64M+18.5% | $54M-60.0% | |
| Canada Operating Segment | $121M-8.3% | $132M-13.2% | $152M+5.6% | $144M-12.7% | $165M+25.0% | |
| EMENA | $262M-3.3% | $271M-7.5% | $293M-17.7% | $356M+29.9% | $274M-16.2% | |
| Lower 48 | $1.51B— | —— | $1.57B-7.8% | $1.7B-6.1% | $1.81B+13.9% | |
| Revenue from contracts outside the scope of ASC Topic 606 by Product | ||||||
| Crude oil | $110M-53.4% | $236M+134% | $101M+110% | $48M-56.0% | $109M+5.8% | |
| Natural gas | $1.7B+15.6% | $1.47B+19.5% | $1.23B+10.2% | $1.12B-32.1% | $1.65B+49.2% | |
| Power | $328M— | —— | —— | —— | $215M-36.5% | |
| Consolidated sales and other operating revenues by Geography | ||||||
| International | $3.25B— | —— | —— | —— | $3.41B-69.8% | |
| U.S. | $12.52B+19.5% | $10.48B-11.9% | $11.89B+6.7% | $11.14B-15.1% | $13.11B+16.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does ConocoPhillips break its business down?
- ConocoPhillips (COP) reports consolidated sales and other operating revenues by business across 6 parts — Alaska Segment, Asia Pacific Operating Segment, Canada Operating Segment, Corporate and EMENA. Each is extracted from the segment footnotes and tracked over time.
- Where does ConocoPhillips's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in ConocoPhillips's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
