Business Segments ConocoPhillips

Equities

COP

US20825C1045

Oil & Gas Exploration and Production

Real-time Estimate Cboe BZX Other stock markets 18:49:04 12/02/2026 GMT			5-day change	1st Jan Change
110.14 ^USD	-0.96%		+4.05%	+16.69%

02-11	Libya awards new oil, gas blocks to Chevron, Eni, others in first licensing round since 2007	RE
02-11	Raymond James Adjusts Price Target on ConocoPhillips to $118 From $113, Maintains Outperform Rating	MT

Sales 2024 by Business Segment

Sales 2024 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
Oil and Gas Production
Lower 48	9.86B	29.31B	52.92B	38.24B	37.03B
Total Assets	11.93B	41.7B	42.95B	42.42B	66.98B
Income Tax Expense	-378M	1.39B	3.09B	1.76B	1.46B
CAPEX	-1.88B	-3.13B	-5.63B	-6.49B	-6.51B
D&A	3.36B	4.07B	4.85B	5.73B	6.44B
Net Income	-1.12B	4.93B	11.02B	6.46B	5.18B
Alaska	3.4B	5.48B	7.9B	7.1B	6.55B
Total Assets	14.62B	14.81B	15.13B	16.17B	18.03B
Income Tax Expense	-256M	402M	885M	642M	480M
CAPEX	-1.04B	-982M	-1.09B	-1.7B	-3.19B
D&A	996M	1B	941M	1.06B	1.3B
Net Income	-719M	1.39B	2.35B	1.78B	1.33B
Europe, Middle East and North Africa	2.23B	5.9B	11.27B	6.43B	6.37B
Total Assets	8.76B	9.12B	8.26B	8.4B	9.77B
Income Tax Expense	136M	2.54B	5.44B	3.06B	2.85B
CAPEX	-600M	-534M	-998M	-1.11B	-1.02B
D&A	775M	862M	735M	587M	761M
Net Income	448M	1.17B	2.24B	1.19B	1.19B
Canada	1.67B	4.08B	6.16B	4.87B	5.64B
Total Assets	6.86B	7.44B	6.97B	10.28B	9.51B
Income Tax Expense	-185M	150M	206M	26M	228M
CAPEX	-651M	-203M	-530M	-456M	-551M
D&A	342M	392M	400M	425M	639M
Net Income	-326M	458M	714M	402M	712M
Asia Pacific	2.5B	2.58B	2.61B	3.06B	2.94B
Total Assets	11.23B	9.84B	9.51B	8.9B	8.39B
Income Tax Expense	294M	483M	480M	42M	211M
CAPEX	-384M	-390M	-1.88B	-354M	-370M
D&A	809M	1.48B	518M	455M	425M
Net Income	962M	453M	2.74B	1.96B	1.72B
Corporate and Other	18M	75M	96M	30M	80M
Total Assets	8.99B	7.74B	11.01B	9.76B	10.09B
Interest Expense	-	-	-	-	-
Income Tax Expense	-76M	-282M	-609M	-207M	-807M
CAPEX	-40M	-53M	-30M	-1.14B	-472M
D&A	54M	76M	44M	27M	33M
Net Income	-1.88B	-210M	-330M	-821M	-880M
Other International	9M	4M	-	-	-
Total Assets	226M	1M	-	-	8M
Income Tax Expense	-20M	-53M	53M	-	-1M
CAPEX	-121M	-33M	-	-	-
D&A	-	-	-	-	-
Net Income	-64M	-107M	-51M	-13M	-1M
Asia Pacific and Middle East	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Net Income	-	-	-	-	-
Europe and North Africa	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Net Income	-	-	-	-	-
Intersegment Eliminations	-469M	-1.6B	-2.46B	-1.87B	-2.16B

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
United States	13.23B	34.85B	60.9B	45.1B	43.48B
Total Assets	24.03B	50.58B	51.2B	53.96B	79.14B
Canada	1.26B	2.49B	3.71B	3.01B	3.4B
Total Assets	6.38B	6.61B	6.27B	9.67B	8.77B
Norway	1.43B	2.56B	3.42B	2.41B	2.4B
Total Assets	5.29B	4.68B	4.37B	4.49B	3.85B
United Kingdom	336M	2.24B	6.27B	1.98B	1.8B
Total Assets	1M	1M	1M	2M	2M
Libya	155M	1.1B	1.58B	1.73B	1.7B
Total Assets	670M	659M	714M	703M	733M
China	460M	724M	1.14B	952M	939M
Total Assets	1.49B	1.48B	1.54B	1.64B	1.65B
Malaysia	610M	975M	1.31B	961M	908M
Total Assets	1.5B	1.25B	1.11B	939M	856M
Equatorial Guinea	-	-	-	-	66M
Total Assets	-	-	-	-	1.59B
Singapore	-	-	-	-	37M
Other Foreign Countries	12M	8M	5M	5M	6M
Total Assets	1.09B	748M	1B	1.13B	1.38B
Australia and Timor-Leste	605M	-	-	-	-
Total Assets	6.68B	5.58B	6.16B	-	-
Indonesia	689M	879M	159M	-	-
Total Assets	464M	28M	-	-	-
Australia	-	-	-	-	-
Total Assets	-	-	-	5.43B	4.99B