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-5.4% | $1.27B-21.6% | $1.44B-2.6% | $1.32B-26.2% | $1.61B-3.6% | |
| Asia Pacific Operating Segment | $501M+18.2% | $360M+2.3% | $515M+7.7% | $471M-13.3% | $424M-10.5% | |
| Canada Operating Segment | $1.67B+9.2% | $1.32B-12.0% | $1.41B+24.1% | $1.33B-14.1% | $1.53B+6.1% | |
| Corporate | $22M+22.2% | $7M-50.0% | $24M+50.0% | $14M+27.3% | $18M+38.5% | |
| EMENA | $1.63B-16.1% | $1.57B-7.7% | $1.58B+18.0% | $1.4B+8.0% | $1.94B+33.2% | |
| Lower 48 | $11.09B-4.0% | —— | $10.54B+16.1% | $9.97B+10.1% | $11.55B+24.1% | |
| Segment Reporting, Other Segment Item, Amount by Business | ||||||
| Alaska Segment | $310M+9.5% | $210M-38.1% | $361M+28.0% | $226M-52.6% | $283M-29.1% | |
| Asia Pacific Operating Segment | -$37M+72.6% | -$101M+52.6% | -$97M+62.3% | -$129M+33.8% | -$135M+41.8% | |
| Canada Operating Segment | $564M+78.5% | $320M+8.8% | $333M+59.3% | $290M+41.5% | $316M-2.8% | |
| Corporate | $260M-1.5% | $224M-74.3% | $404M+74.1% | $346M+53.8% | $264M+4.8% | |
| EMENA | $141M-9.6% | $153M-27.8% | $117M+550% | $140M+233% | $156M+271% | |
| Lower 48 | $5.98B+1.1% | $4.71B-1.5% | $5.44B+16.4% | $4.71B-0.1% | $5.92B+17.7% | |
| Net income (loss) by Business | ||||||
| Alaska Segment | $294M-10.1% | $138M-60.9% | $130M-51.3% | $135M-62.5% | $327M-5.5% | |
| Asia Pacific Operating Segment | $295M-5.1% | $217M-30.7% | $309M-32.1% | $330M-25.7% | $311M-39.3% | |
| Canada Operating Segment | $85M-66.8% | $148M-39.8% | $188M+652% | $149M-42.9% | $256M+42.2% | |
| Corporate | -$159M+37.4% | -$130M+44.2% | -$472M-107% | -$280M-12.4% | -$254M-48.5% | |
| EMENA | $265M-36.8% | $241M-28.3% | $327M+9.7% | $237M-5.6% | $419M+37.8% | |
| Lower 48 | $1.4B-21.6% | —— | $1.24B-0.1% | $1.4B+11.1% | $1.79B+29.6% | |
| Income tax provision (benefit) by Business | ||||||
| Alaska Segment | $92M-33.8% | $24M-80.0% | $61M-40.8% | $47M-65.2% | $139M+13.9% | |
| Asia Pacific Operating Segment | $60M-6.3% | $18M-52.6% | $89M+21.9% | $67M-29.5% | $64M+1,180% | |
| Canada Operating Segment | $27M-66.7% | $45M-40.8% | $60M+500% | $50M-41.9% | $81M+44.6% | |
| Corporate | -$119M-222% | -$118M+82.3% | -$29M+17.1% | -$93M-389% | -$37M+58.0% | |
| EMENA | $725M-21.4% | $629M-14.2% | $676M-0.3% | $593M-11.0% | $922M+18.7% | |
| Lower 48 | $395M-11.8% | —— | $345M-0.6% | $382M+4.1% | $448M+16.4% | |
| Significant Segment Expenses by Business | ||||||
| Alaska Segment | $919M-8.1% | $922M-0.5% | $952M+2.1% | $954M+0.8% | $1B+8.1% | |
| Asia Pacific Operating Segment | $243M-2.0% | $244M-3.2% | $303M+8.2% | $270M-8.2% | $248M+27.8% | |
| Canada Operating Segment | $368M-10.9% | $383M-12.4% | $420M-1.4% | $409M-13.9% | $413M-4.2% | |
| Corporate | -$88M— | -$95M+85.0% | $84M+8,300% | -$59M-311% | $0+100% | |
| EMENA | $1.22B-10.5% | $1.17B+1.9% | $1.13B+11.1% | $1.02B+2.0% | $1.37B+22.9% | |
| Lower 48 | $3.7B-3.7% | $3.8B+8.3% | $3.86B+21.8% | $3.86B+25.2% | $3.84B+32.5% | |
| Other by Business | ||||||
| Alaska Segment | $310M+9.5% | $211M-37.8% | $361M+28.5% | $226M-52.6% | $283M-29.1% | |
| Asia Pacific Operating Segment | $127M+74.0% | $78M+105% | $99M+183% | $58M-22.7% | $73M+40.4% | |
| Canada Operating Segment | $564M+78.5% | $320M+8.8% | $333M+59.3% | $290M+41.5% | $316M-2.8% | |
| Corporate | $159M+12.0% | $125M-84.5% | $232M+58.9% | $190M+58.3% | $142M-3.4% | |
| EMENA | $236M-28.3% | $266M-27.5% | $274M+59.3% | $255M+42.5% | $329M+80.8% | |
| Lower 48 | $5.98B+1.0% | $4.71B-1.6% | $5.44B+16.5% | $4.71B-0.1% | $5.92B+17.7% | |
| Total Assets by Business | ||||||
| Alaska Segment | $20.81B+11.9% | $20.22B+12.2% | $19.74B+13.4% | $19.37B+13.1% | $18.59B+11.3% | |
| Asia Pacific Operating Segment | $8.33B0.0% | $8.27B-1.4% | $8.05B-3.3% | $8.52B+0.4% | $8.33B-2.3% | |
| Canada Operating Segment | $9.89B+3.0% | $9.98B+4.9% | $9.8B-2.7% | $10.03B-0.2% | $9.6B-4.2% | |
| EMENA | $10.84B+6.4% | $10.55B+8.0% | $10.41B+27.5% | $10.13B+27.1% | $10.19B+27.1% | |
| Lower 48 | $62.68B-5.5% | $61.93B-7.5% | $64.39B+52.0% | $65.09B+52.6% | $66.29B+55.7% | |
| 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+47.3% | $104M+11.8% | $60M-42.9% | $65M-31.6% | $74M-26.7% | |
| EMENA | $0— | $0— | $0— | $0— | $0— | |
| Lower 48 | $0— | —— | $0— | $0— | $0— | |
| Equity investments by Business | ||||||
| Alaska Segment | $3M-25.0% | $3M0.0% | $3M-90.9% | $4M-87.9% | $4M-87.9% | |
| Asia Pacific Operating Segment | $4.95B-0.8% | $4.93B-1.0% | $4.82B-3.5% | $5.17B+0.6% | $4.99B-3.8% | |
| Canada Operating Segment | $0— | $0— | $0— | $0— | $0— | |
| EMENA | $2.35B+14.5% | $2.27B+16.4% | $2.16B+62.0% | $2.08B+64.7% | $2.06B+69.8% | |
| Lower 48 | $1M-99.2% | —— | $127M+5.0% | $126M+3.3% | $125M+5.0% | |
| 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-3.4% | $195M+2.1% | $223M+18.0% | $232M+17.2% | $205M0.0% | |
| EMENA | $0— | $0— | $0— | $0— | $0— | |
| Lower 48 | $0— | —— | $0— | $0— | $0— | |
| Equity in earnings of affiliates by Business | ||||||
| Alaska Segment | $0— | $1M— | $0+100% | $0— | $0— | |
| Asia Pacific Operating Segment | $164M-20.4% | $177M-28.9% | $194M-33.1% | $185M-31.0% | $206M-27.0% | |
| Canada Operating Segment | $0— | $0— | $0— | $0— | $0— | |
| Corporate | -$12M-233% | —— | -$9M-350% | $11M+650% | $9M+1,000% | |
| EMENA | $95M-45.1% | $113M-27.1% | $157M+1.9% | $115M-16.1% | $173M+23.6% | |
| Lower 48 | $0-100% | —— | $3M— | $4M— | $4M— | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Alaska Segment | $352M-0.8% | $356M+3.2% | $327M+5.8% | $361M+12.5% | $355M+9.6% | |
| Asia Pacific Operating Segment | $103M-13.4% | $110M-0.9% | $113M+16.5% | $118M+10.3% | $119M+8.2% | |
| Canada Operating Segment | $152M+16.0% | $140M-16.7% | $142M-3.4% | $143M-13.9% | $131M-17.1% | |
| Corporate | $9M-50.0% | $8M-20.0% | $11M+37.5% | $15M+87.5% | $18M+157% | |
| EMENA | $239M+9.1% | $250M+15.2% | $245M+29.6% | $198M+13.1% | $219M+21.7% | |
| Lower 48 | $2.05B+7.7% | $2.14B+17.8% | $2.08B+26.8% | $2B+28.6% | $1.9B+33.0% | |
| Operating Costs and Expenses by Business | ||||||
| Alaska Segment | $475M-6.1% | $542M+17.3% | $564M+8.5% | $546M+11.4% | $506M+5.6% | |
| Asia Pacific Operating Segment | $80M+23.1% | $116M+12.6% | $101M-8.2% | $85M-7.6% | $65M-17.7% | |
| Canada Operating Segment | $189M-6.0% | $198M+2.6% | $218M-19.0% | $216M-3.1% | $201M-7.4% | |
| Corporate | $22M+15.8% | $15M-31.8% | $102M+264% | $19M-51.3% | $19M+533% | |
| EMENA | $257M+14.7% | $293M+46.5% | $213M+38.3% | $232M+43.2% | $224M+45.5% | |
| Lower 48 | $1.25B-16.0% | —— | $1.43B+21.5% | $1.47B+27.3% | $1.49B+37.7% | |
| Capital expenditures and investments by Business | ||||||
| Alaska Segment | $949M-9.3% | $822M-24.7% | $753M+9.0% | $986M+42.7% | $1.05B+45.3% | |
| Asia Pacific Operating Segment | $82M+51.9% | $154M+14.1% | $70M-30.0% | $64M-28.9% | $54M+20.0% | |
| Canada Operating Segment | $121M-26.7% | $132M0.0% | $152M+11.8% | $144M+9.9% | $165M+8.6% | |
| EMENA | $262M-4.4% | $271M-17.1% | $293M+18.1% | $356M+56.8% | $274M+25.1% | |
| Lower 48 | $1.51B-17.0% | —— | $1.57B-5.0% | $1.7B+3.3% | $1.81B+12.3% | |
| Revenue from contracts outside the scope of ASC Topic 606 by Product | ||||||
| Crude oil | $110M+0.9% | $236M+129% | $101M-54.1% | $48M-9.4% | $109M— | |
| Natural gas | $1.7B+3.3% | $1.47B+33.4% | $1.23B+67.3% | $1.12B+56.2% | $1.65B+37.3% | |
| Power | $328M+52.6% | —— | —— | —— | $215M-36.5% | |
| Consolidated sales and other operating revenues by Geography | ||||||
| International | $3.25B-4.7% | —— | —— | —— | $3.41B+340,400% | |
| U.S. | $12.52B-4.5% | $10.48B-7.1% | $11.89B+13.8% | $11.14B+3.4% | $13.11B+19.4% |
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.
