CONOCOPHILLIPS

COP 10-Q · Q2 2025

COP Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 14,004 13,620 +2.8%
Show Business Segments breakouts
Alaska Segment [Member] 1,315 1,783 -26.2%
Alaska Segment [Member] · Operating Segments 1,315 1,783 -26.2%
Asia Pacific Operating Segment [Member] 471 543 -13.3%
Asia Pacific Operating Segment [Member] · Operating Segments 471 543 -13.3%
Canada Operating Segment [Member] 848 941 -9.9%
Canada Operating Segment [Member] · Intersegment Elimination -486 -612 +20.6%
Canada Operating Segment [Member] · Operating Segments 1,334 1,553 -14.1%
Corporate 7 4 +75.0%
Corporate · Corporate Non Segment 14 11 +27.3%
Corporate · Intersegment Elimination -7 -7 0.0%
EMENA 1,400 1,296 +8.0%
EMENA · Operating Segments 1,400 1,296 +8.0%
Lower 48 9,963 9,053 +10.1%
Lower 48 · Intersegment Elimination -3
Lower 48 · Operating Segments 9,966 9,053 +10.1%
Show Geography breakouts
CA 742 941 -21.1%
CN 255 275 -7.3%
GB 596 374 +59.4%
GQ 117
LY 406 470 -13.6%
MY 217 268 -19.0%
NO 428 514 -16.7%
Other foreign countries 1 2 -50.0%
SG 105
US 11,137 10,776 +3.4%
Show Consolidation Items breakouts
Intersegment Elimination -496 -619 +19.9%
Operating Segments And Corporate Nonsegment 14,500 14,239 +1.8%
Show Energy breakouts
Crude Oil 9,528 10,112 -5.8%
Other 1,608 1,671 -3.8%
Show Reserve Quantities By Type Of Reserve breakouts
Natural Gas Liquids Reserves 938 662 +41.7%
Natural Gas Reserves 1,930 1,175 +64.3%
Revenue 12,621 12,660 -0.3%
Other Revenue (Q)
Show Product Lines breakouts
Crude oil 48 53 -9.4%
Financial derivative contracts -62 -43 -44.2%
Natural gas 1,117 715 +56.2%
Other 280 235 +19.1%
Physical contracts meeting the definition of a derivative 1,445 1,003 +44.1%
Physical contracts meeting the definition of a derivative · Canada 159 91 +74.7%
Physical contracts meeting the definition of a derivative · Europe, Middle East and North Africa 132 169 -21.9%
Physical contracts meeting the definition of a derivative · Lower Forty Eight Segment [Member] 1,154 743 +55.3%
Cost of Revenue 5,085 4,858 +4.7%
Selling, General & Administrative 250 164 +52.4%
Show Related Party Transactions By Related Party breakouts
Related Party 73 57 +28.1%
Interest Income -67 -97 +30.9%
Show Business Segments breakouts
Asia Pacific Operating Segment [Member] -2 -2 0.0%
Corporate -65 -95 +31.6%
Income Before Taxes 3,017 3,659 -17.5%
Income Tax Expense (Benefit) 1,046 1,330 -21.4%
Show Business Segments breakouts
Alaska Segment [Member] 47 135 -65.2%
Asia Pacific Operating Segment [Member] 67 95 -29.5%
Canada Operating Segment [Member] 50 86 -41.9%
Corporate -93 -19 -389.5%
EMENA 593 666 -11.0%
Lower 48 382 367 +4.1%
Net Income 1,971 2,329 -15.4%
Show Business Segments breakouts
Alaska Segment [Member] 135 360 -62.5%
Asia Pacific Operating Segment [Member] 330 444 -25.7%
Canada Operating Segment [Member] 149 261 -42.9%
Corporate -280 -249 -12.4%
EMENA 237 251 -5.6%
Lower 48 1,399 1,259 +11.1%
Other International [Member] 1 3 -66.7%
Show Equity Components breakouts
Retained Earnings 1,971 2,329 -15.4%
Comprehensive Income 2,463 2,285 +7.8%
Other Comprehensive Income 492 -44 +1218.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 492 -44 +1218.2%
EPS (Basic) 1.56 1.99 -21.6%
EPS (Diluted) 1.56 1.98 -21.2%
Wtd Avg Shares (Basic) 1,257,512 1,168,198 +7.6%
Wtd Avg Shares (Diluted) 1,258,998 1,170,299 +7.6%
Foreign Currency Transaction Gain Loss Before Tax -3 9 -133.3%
Income Loss From Equity Method Investments 315 403 -21.8%
Show Business Segments breakouts
Asia Pacific Operating Segment [Member] 185 268 -31.0%
Corporate 11 -2 +650.0%
EMENA 115 137 -16.1%
Lower 48 4
Net Income Loss Available To Common Stockholders Basic 1,964 2,322 -15.4%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 4,901 4,294 +14.1%
Show Financial Instrument breakouts
Commercial Paper · Within one year 28 17 +64.7%
Show Derivative Risk breakouts
Within one year · Carrying Reported Amount Fair Value Disclosure 28 18 +55.6%
Short-Term Investments 439 1,723 -74.5%
Show Financial Instrument breakouts
Asset Backed Securities · Within one year 20 18 +11.1%
Commercial Paper · Within one year 54 112 -51.8%
Corporate Debt Securities · Within one year 302 247 +22.3%
Foreign Government Debt · Within one year 8 7 +14.3%
US Government Debt Securities · Within one year 32 43 -25.6%
Show Derivative Risk breakouts
Within one year · Carrying Reported Amount Fair Value Disclosure 416 427 -2.6%
Inventory 1,897 1,447 +31.1%
Prepaid Expenses & Other Current Assets 1,001 963 +3.9%
Total Current Assets 13,939 13,734 +1.5%
Non-Current Assets
Other Non-Current Assets 3,057 2,730 +12.0%
Total Assets 122,599 95,994 +27.7%
Show Business Segments breakouts
Alaska Segment [Member] · Operating Segments 19,374 17,124 +13.1%
Asia Pacific Operating Segment [Member] · Operating Segments 8,515 8,483 +0.4%
Canada Operating Segment [Member] · Operating Segments 10,029 10,047 -0.2%
EMENA · Operating Segments 10,128 7,968 +27.1%
Lower 48 · Operating Segments 65,087 42,659 +52.6%
Show Consolidation Items breakouts
Corporate Non Segment 9,466 9,708 -2.5%
Current Liabilities
Accounts Payable 6,517
Show Related Party Transactions By Related Party breakouts
Related Party 56
Total Current Liabilities 10,986 10,324 +6.4%
Debt Current 414 1,312 -68.4%
Non-Current Liabilities
Long-Term Debt (Q)
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 22,663 17,318 +30.9%
Estimate Of Fair Value Fair Value Disclosure 22,447 17,321 +29.6%
Deferred Tax Liabilities 11,766 8,927 +31.8%
Total Liabilities 57,027 46,249 +23.3%
Stockholders' Equity
Common Stock 23 21 +9.5%
Retained Earnings 67,707 62,309 +8.7%
Accumulated Other Comprehensive Income -5,902
Total Stockholders' Equity 65,572 49,745 +31.8%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -377
Accumulated Gain Loss Net Cash Flow Hedge Parent 18
Accumulated Net Unrealized Investment Gain Loss 7
Accumulated Other Comprehensive Income -5,902 -5,961 +1.0%
Accumulated Translation Adjustment -5,550
Additional Paid In Capital 77,643 61,381 +26.5%
Common Stock 23 21 +9.5%
Retained Earnings 67,707 62,309 +8.7%
Treasury Stock Common -73,899 -68,005 -8.7%
Total Liabilities & Equity 122,599 95,994 +27.7%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization 5,584 4,545 +22.9%
Show Business Segments breakouts
Alaska Segment [Member] 716 645 +11.0%
Asia Pacific Operating Segment [Member] 237 217 +9.2%
Canada Operating Segment [Member] 274 324 -15.4%
Corporate 33 15 +120.0%
EMENA 417 355 +17.5%
Lower 48 3,907 2,989 +30.7%
Deferred Income Taxes 78 211 -63.0%
Change in Inventory -84 -57 -47.4%
Change in Accounts Payable -27 -183 +85.2%
Change in Prepaid & Other Assets -229 -147 -55.8%
Net Cash from Operations 9,600 9,904 -3.1%
Investing Activities
Other Investing Activities -27 -13 -107.7%
Net Cash from Investing -4,807 -6,292 +23.6%
Financing Activities
Share Repurchases -2,722 -2,346 -16.0%
Debt Repayments -806 -563 -43.2%
Net Cash from Financing -5,620 -4,868 -15.4%
Supplemental
Income Taxes Paid 3,198 2,067 +54.7%
Interest Paid 325 404 -19.6%
Other Cash Flow
Net Change in Cash -679 -1,325 +48.8%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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