Skip to content

ConocoPhillips COP Business Segments

FY'25FY'24FY'23FY'22
Consolidated sales and other operating revenues by Business
Alaska Segment$5.64B-14.0%$6.55B-7.7%$7.1B-10.2%$7.91B+44.3%
Asia Pacific Operating Segment$1.77B-4.2%$1.85B-3.5%$1.91B-26.6%$2.61B+1.0%
Canada Operating Segment$5.6B-0.6%$5.64B+15.7%$4.87B-20.9%$6.16B+51.1%
Corporate$63M+16.7%$54M-14.3%$63M-48.4%$122M
EMENA$6.49B+12.0%$5.79B-1.1%$5.85B-48.1%$11.27B+91.0%
Segment Reporting, Other Segment Item, Amount by Business
Alaska Segment$1.08B-27.9%$1.5B-16.3%$1.79B-11.7%$2.03B
Asia Pacific Operating Segment-$462M+48.5%-$897M+4.2%-$936M+37.3%-$1.49B
Canada Operating Segment$1.26B+21.9%$1.03B-32.9%$1.54B-14.5%$1.8B
Corporate$1.24B-21.7%$1.58B+60.2%$987M+14.6%$861M
EMENA$566M+80.3%$314M-25.2%$420M-81.4%$2.26B
Lower 48$20.77B+8.2%$19.2B-4.5%$20.09B-33.7%$30.31B
Net income (loss) by Business
Alaska Segment$730M-44.9%$1.33B-25.4%$1.78B-24.4%$2.35B+69.7%
Asia Pacific Operating Segment$1.17B-32.3%$1.72B-12.1%$1.96B-28.3%$2.74B
Canada Operating Segment$741M+4.1%$712M+77.1%$402M-44.6%$726M+58.5%
Corporate-$1.14B-28.9%-$881M-5.6%-$834M-153%-$330M
EMENA$1.22B+2.9%$1.19B0.0%$1.19B-47.0%$2.24B+92.3%
Income tax provision (benefit) by Business
Alaska Segment$271M-43.5%$480M-25.2%$642M-27.5%$885M+120%
Asia Pacific Operating Segment$238M+12.8%$211M+402%$42M-91.3%$480M-0.6%
Canada Operating Segment$236M+3.5%$228M+777%$26M-87.4%$206M+37.3%
Corporate-$277M+65.7%-$808M-290%-$207M+66.0%-$609M
EMENA$2.82B-1.2%$2.85B-6.9%$3.07B-43.7%$5.45B+114%
Significant Segment Expenses by Business
Alaska Segment$3.83B+2.6%$3.73B+5.6%$3.53B+0.1%$3.53B
Asia Pacific Operating Segment$1.07B+4.4%$1.02B+14.9%$888M-34.8%$1.36B
Canada Operating Segment$1.63B-8.1%$1.77B+66.1%$1.07B-11.2%$1.2B
Corporate-$70M+89.8%-$683M-469%-$120M+72.4%-$435M
EMENA$4.69B+9.5%$4.29B+0.9%$4.25B-37.3%$6.77B
Lower 48$15.36B+21.3%$12.66B+8.3%$11.68B+0.9%$11.58B
Other by Business
Alaska Segment$1.08B-27.7%$1.5B-16.4%$1.79B-11.9%$2.03B
Asia Pacific Operating Segment$308M+54.0%$200M-10.3%$223M+228%-$174M
Canada Operating Segment$1.26B+21.9%$1.03B-32.9%$1.54B-14.5%$1.8B
Corporate$689M-43.4%$1.22B+101%$607M+152%$241M
EMENA$1.12B+24.9%$900M-10.1%$1B-67.0%$3.04B
Lower 48$20.79B+8.3%$19.2B-4.4%$20.08B-33.7%$30.29B
Gain (Loss), Foreign Currency Transaction, after Tax by Business
Alaska$0$0$0$0
Asia Pacific$33M+3,200%$1M+108%-$12M+60.0%-$30M-1,400%
Canada-$20M-157%$35M+418%-$11M-155%$20M+1,900%
Europe, Middle East and North Africa-$30M-181%$37M-5.1%$39M-64.5%$110M+900%
Lower 48$0$0$0$0
Total Assets by Business
Alaska Segment$77.92B+12.5%$69.26B
Asia Pacific Operating Segment$33.17B-1.6%$33.73B
Canada Operating Segment$39.41B-0.6%$39.66B
EMENA$41.28B+21.7%$33.92B
Lower 48$257.7B+32.4%$194.57B
Investment Income, Interest by Business
Alaska Segment$0$0$0$0
Asia Pacific Operating Segment$8M0.0%$8M0.0%$8M-11.1%$9M0.0%
Canada Operating Segment$0$0$0$0
Corporate$303M-23.1%$394M-2.2%$403M+118%$185M
EMENA$0$0-100%$1M0.0%$1M-50.0%
Equity investments by Business
Alaska Segment$14M-86.3%$102M
Asia Pacific Operating Segment$19.91B-1.9%$20.3B
Canada Operating Segment$0$0
EMENA$8.57B+48.8%$5.76B
Interest and Debt Expense by Business
Alaska Segment$0$0$0$0
Asia Pacific Operating Segment$0$0$0$0
Canada Operating Segment$0$0$0$0
Corporate$855M+9.2%$783M+0.4%$780M-3.1%$805M
EMENA$0$0$0$0
Severance expense by Business
Alaska$43M
Asia Pacific$7M
Canada$29M
Corporate$72M
Europe, Middle East and North Africa$48M
Lower 48$87M
Equity in earnings of affiliates by Business
Alaska Segment$1M+200%-$1M-200%$1M-75.0%$4M-20.0%
Asia Pacific Operating Segment$762M-30.0%$1.09B-5.4%$1.15B-12.1%$1.31B+282%
Canada Operating Segment$0$0$0$0
EMENA$558M-4.8%$586M+1.0%$580M-25.6%$780M+55.4%
Depreciation, Depletion and Amortization by Business
Alaska Segment$1.4B+7.7%$1.3B+22.4%$1.06B+13.0%$939M
Asia Pacific Operating Segment$460M+8.2%$425M-6.6%$455M-12.2%$518M
Canada Operating Segment$556M-13.0%$639M+52.1%$420M+4.5%$402M
Corporate$52M+57.6%$33M+32.0%$25M-43.2%$44M
EMENA$912M+19.8%$761M+29.6%$587M-20.2%$736M
Lower 48$8.12B+26.1%$6.44B+12.6%$5.72B+17.6%$4.87B
Operating Costs and Expenses by Business
Alaska Segment$2.16B+10.6%$1.95B+6.7%$1.83B+7.4%$1.7B
Asia Pacific Operating Segment$367M-4.4%$384M-1.8%$391M+7.1%$365M
Canada Operating Segment$833M-7.6%$902M+45.7%$619M+4.7%$591M
Corporate$155M+68.5%$92M+48.4%$62M-52.3%$130M
EMENA$962M+43.6%$670M+13.0%$593M+0.5%$590M
Capital expenditures and investments by Business
Alaska Segment$3.61B+12.9%$3.19B+87.3%$1.71B+56.3%$1.09B+11.1%
Asia Pacific Operating Segment$342M-7.6%$370M+4.5%$354M-81.2%$1.88B+382%
Canada Operating Segment$593M+7.6%$551M+20.8%$456M-14.0%$530M+161%
EMENA$1.19B+16.9%$1.02B-8.1%$1.11B+11.3%$998M+86.9%
Revenue from contracts outside the scope of ASC Topic 606 by Product
Crude oil$494M+31.4%$376M+163%$143M-71.1%$495M-34.6%
Natural gas$5.47B+45.6%$3.75B-43.3%$6.62B-56.9%$15.37B+53.2%
Consolidated sales and other operating revenues by Geography
U.S.$46.61B+7.2%$43.48B-3.6%$45.1B-25.9%$60.9B+74.8%

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.