ConocoPhillips (COP) Revenue & Revenue Breakdown

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ConocoPhillips Revenue Highlights

Latest Revenue (Y)

$56.95B

Latest Revenue (Q)

$13.60B

Main Segment (Y)

Natural Gas Product Line

Main Geography (Y)

Lower 48

ConocoPhillips Revenue by Period

ConocoPhillips Revenue by Year

Date	Revenue	Change
2024-12-31	$56.95B	-1.57%
2023-12-31	$57.86B	-26.29%
2022-12-31	$78.49B	71.28%
2021-12-31	$45.83B	143.97%
2020-12-31	$18.78B	-42.32%
2019-12-31	$32.57B	-10.57%
2018-12-31	$36.42B	25.12%
2017-12-31	$29.11B	22.85%
2016-12-31	$23.69B	-19.86%
2015-12-31	$29.56B	-43.71%
2014-12-31	$52.52B	-3.47%
2013-12-31	$54.41B	-6.13%
2012-12-31	$57.97B	-76.55%
2011-12-31	$247.15B	24.41%
2010-12-31	$198.66B	29.98%
2009-12-31	$152.84B	-37.92%
2008-12-31	$246.18B	26.57%
2007-12-31	$194.50B	16.06%
2006-12-31	$167.58B	-8.61%
2005-12-31	$183.36B	33.92%
2004-12-31	$136.92B	49.87%
2003-12-31	$91.36B	59.65%
2002-12-31	$57.22B	136.57%
2001-12-31	$24.19B	13.95%
2000-12-31	$21.23B	53.24%
1999-12-31	$13.85B	16.94%
1998-12-31	$11.85B	-23.20%
1997-12-31	$15.42B	-2.42%
1996-12-31	$15.81B	16.91%
1995-12-31	$13.52B	9.33%
1994-12-31	$12.37B	-1.42%
1993-12-31	$12.54B	-

ConocoPhillips generated $56.95B in revenue during NA 2024, up -1.57% compared to the previous quarter, and up 174.88% compared to the same period a year ago.

ConocoPhillips Revenue by Quarter

Date	Revenue	Change
2024-09-30	$13.60B	0.12%
2024-06-30	$13.59B	-1.88%
2024-03-31	$13.85B	-5.44%
2023-12-31	$14.64B	2.76%
2023-09-30	$14.25B	15.38%
2023-06-30	$12.35B	-16.61%
2023-03-31	$14.81B	-20.19%
2022-12-31	$18.56B	-11.68%
2022-09-30	$21.01B	-0.70%
2022-06-30	$21.16B	19.14%
2022-03-31	$17.76B	17.47%
2021-12-31	$15.12B	33.50%
2021-09-30	$11.33B	18.52%
2021-06-30	$9.56B	-2.75%
2021-03-31	$9.83B	78.95%
2020-12-31	$5.49B	25.19%
2020-09-30	$4.39B	59.55%
2020-06-30	$2.75B	-55.36%
2020-03-31	$6.16B	-20.11%
2019-12-31	$7.71B	-0.62%
2019-09-30	$7.76B	-2.48%
2019-06-30	$7.95B	-13.08%
2019-03-31	$9.15B	-5.34%
2018-12-31	$9.67B	2.30%
2018-09-30	$9.45B	11.11%
2018-06-30	$8.50B	-3.34%
2018-03-31	$8.80B	8.36%
2017-12-31	$8.12B	21.40%
2017-09-30	$6.69B	-1.37%
2017-06-30	$6.78B	-9.80%
2017-03-31	$7.52B	10.41%
2016-12-31	$6.81B	6.14%
2016-09-30	$6.42B	19.95%
2016-06-30	$5.35B	4.43%
2016-03-31	$5.12B	-18.62%
2015-12-31	$6.29B	-13.34%
2015-09-30	$7.26B	-12.43%
2015-06-30	$8.29B	7.48%
2015-03-31	$7.72B	-31.16%
2014-12-31	$11.21B	-7.22%
2014-09-30	$12.08B	-12.60%
2014-06-30	$13.82B	-10.34%
2014-03-31	$15.41B	16.30%
2013-12-31	$13.25B	-2.85%
2013-09-30	$13.64B	2.19%
2013-06-30	$13.35B	-5.76%
2013-03-31	$14.17B	11.84%
2012-12-31	$12.67B	-13.72%
2012-09-30	$14.68B	0.29%
2012-06-30	$14.64B	-74.38%
2012-03-31	$57.13B	-7.53%
2011-12-31	$61.79B	-0.87%
2011-09-30	$62.33B	-5.27%
2011-06-30	$65.80B	14.98%
2011-03-31	$57.23B	10.64%
2010-12-31	$51.73B	9.57%
2010-09-30	$47.21B	3.33%
2010-06-30	$45.69B	-0.17%
2010-03-31	$45.76B	4.90%
2009-12-31	$43.63B	5.62%
2009-09-30	$41.30B	12.76%
2009-06-30	$36.63B	17.10%
2009-03-31	$31.28B	-30.34%
2008-12-31	$44.90B	-37.09%
2008-09-30	$71.37B	-2.70%
2008-06-30	$73.35B	33.65%
2008-03-31	$54.88B	1.08%
2007-12-31	$54.30B	-

ConocoPhillips generated $13.60B in revenue during Q3 2024, up 0.12% compared to the previous quarter, and up 110.14% compared to the same period a year ago.

ConocoPhillips Revenue Breakdown

ConocoPhillips Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Crude oil product line	$376.00M	$143.00M	$495.00M	$757.00M	$395.00M
Natural Gas Product Line	$3.75B	$6.62B	$15.37B	$10.03B	$4.34B
Other Products	$1.35B	$1.44B	$1.29B	$709.00M	$443.00M
Financial Derivative Contracts	-	$-584.00M	$295.00M	$-262.00M	-
Revenues from contracts outside the scope of ASC Topic 606 relate primarily to physical gas contracts at market prices which qualify as derivatives accounted for under ASC Topic 815 Derivatives and Hedging and for which we have not elected NPNS.	-	-	-	-	$-55.00M

ConocoPhillips's latest annual revenue breakdown by segment (product or service), as of Dec 24: Natural Gas Product Line (68.45%), Other Products (24.69%), and Crude oil product line (6.86%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
Natural Gas Product Line	$1.10B	$736.00M	$715.00M	$1.20B	$1.50B	$1.27B	$1.12B	$2.73B	$3.99B	$4.36B	$4.25B	$2.77B	$3.61B	$2.19B	$1.50B	$2.73B	$1.44B	$1.04B	$763.00M	$1.09B
Other Products	$306.00M	$447.00M	$235.00M	$366.00M	$414.00M	$423.00M	$246.00M	$355.00M	$536.00M	$510.00M	$93.00M	$148.00M	$301.00M	$213.00M	$72.00M	$123.00M	$124.00M	$138.00M	$67.00M	$114.00M
Crude oil product line	$103.00M	$220.00M	$53.00M	-	-	-	$96.00M	$47.00M	$65.00M	$147.00M	$64.00M	$219.00M	$240.00M	$215.00M	$178.00M	$124.00M	$177.00M	$100.00M	$26.00M	$92.00M
Financial Derivative Contracts	-	-	-	-	-	$-46.00M	$-129.00M	$-280.00M	$124.00M	$33.00M	$22.00M	$116.00M	$172.00M	$-174.00M	$49.00M	$-309.00M	$28.00M	$-26.00M	$-49.00M	-
Revenues from contracts outside the scope of ASC Topic 606 relate primarily to physical gas contracts at market prices which qualify as derivatives accounted for under ASC Topic 815 Derivatives and Hedging and for which we have not elected NPNS.	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-8.00M	-	-	-

ConocoPhillips's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Natural Gas Product Line (72.95%), Other Products (20.24%), and Crude oil product line (6.81%).

ConocoPhillips Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
CANADA	$3.40B	$3.01B	$3.71B	$1.26B	-
CHINA	$939.00M	$952.00M	$1.14B	$460.00M	-
Libya	$1.70B	$1.73B	$1.10B	$155.00M	-
MALAYSIA	$908.00M	$961.00M	$1.31B	$610.00M	-
NORWAY	$2.40B	$2.41B	$3.42B	$1.43B	-
UNITED KINGDOM	$1.80B	$1.98B	-	-	-
Lower 48	$43.48B	$45.10B	-	-	-
International	-	$5.00M	-	-	-
INDONESIA	-	-	$159.00M	$689.00M	-
UNITED STATES	-	$45.10B	$60.90B	-	-
LIBYA	-	$1.73B	$1.58B	-	-
AUSTRALIA	-	-	-	$605.00M	-
Australia	-	-	-	-	-
Non-US	-	$5.00M	$5.00M	-	-
China	-	-	-	$724.00M	-
CA	-	-	-	$2.49B	-
Indonesia	-	-	-	$879.00M	-
Norway	-	-	-	$2.56B	-
Other foreign Countries	-	-	-	$8.00M	-
U.S.	-	-	-	$34.85B	-
Malaysia	-	-	-	$975.00M	-
US	-	-	-	-	$13.23B
Segment Geographical Groups of Countries Other	-	-	-	-	$12.00M

ConocoPhillips's latest annual revenue breakdown by geography, as of Dec 24: Lower 48 (79.58%), CANADA (6.23%), NORWAY (4.40%), UNITED KINGDOM (3.29%), Libya (3.12%), CHINA (1.72%), and MALAYSIA (1.66%).

Quarterly Revenue by Country

Country	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20
NORWAY	$1.14B	$640.00M	$624.00M	$591.00M	$589.00M	$577.00M	$651.00M	$704.00M	$1.04B	$737.00M	$932.00M	$380.00M	-	-	-	-	-	-	-	-
UNITED KINGDOM	$953.00M	$510.00M	$333.00M	$527.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CANADA	$256.00M	$660.00M	$1.55B	$936.00M	$906.00M	$808.00M	$449.00M	$843.00M	$1.01B	$764.00M	$1.07B	$869.00M	$435.00M	-	-	-	-	-	-	-
Lower 48	$13.00B	$10.45B	$9.05B	$10.98B	$11.71B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CHINA	$465.00M	$261.00M	$213.00M	$281.00M	$225.00M	$244.00M	$202.00M	$288.00M	$273.00M	$301.00M	$273.00M	$86.00M	-	-	-	-	-	-	-	-
Libya	$896.00M	$307.00M	$500.00M	$521.00M	$269.00M	$313.00M	$290.00M	$230.00M	$6.00M	-	$44.00M	-	-	-	-	-	-	-	-	-
MALAYSIA	$430.00M	$217.00M	$261.00M	$192.00M	$319.00M	$189.00M	$261.00M	$313.00M	$345.00M	$336.00M	$318.00M	$163.00M	-	-	-	-	-	-	-	-
International	-	$1.00M	$1.00M	$2.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Europe	-	-	$1.30B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Alaska Segment	-	-	$1.78B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asia Pacific and Middle East	-	-	$543.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
UNITED STATES	-	-	-	-	$11.71B	$11.55B	$10.04B	$11.80B	$14.28B	$16.27B	$16.80B	$13.55B	-	-	-	-	-	-	-	-
Non-US	-	-	-	-	$2.00M	$1.00M	$1.00M	$1.00M	$2.00M	$1.00M	$1.00M	$1.00M	-	-	-	-	-	-	-	-
LIBYA	-	-	-	-	$521.00M	$392.00M	$447.00M	$370.00M	$483.00M	$317.00M	-	-	-	-	-	-	-	-	-	-
INDONESIA	-	-	-	-	-	-	-	-	-	-	-	$159.00M	$186.00M	-	-	-	-	-	-	-
LIBYAN ARAB JAMAHIRIYA	-	-	-	-	-	-	-	-	-	-	$351.00M	$431.00M	-	-	-	-	-	-	-	-
Norway	-	-	-	-	-	-	-	-	-	-	-	-	$855.00M	$678.00M	$618.00M	$412.00M	$358.00M	$242.00M	$446.00M	-
U.S.	-	-	-	-	-	-	-	-	-	-	-	-	$10.87B	$8.96B	$7.31B	$7.71B	$3.15B	$1.84B	$4.22B	-
Other foreign Countries	-	-	-	-	-	-	-	-	-	-	-	-	$1.00M	$2.00M	$3.00M	$2.00M	$2.00M	-	-	-
Malaysia	-	-	-	-	-	-	-	-	-	-	-	-	$248.00M	$249.00M	$252.00M	$226.00M	$148.00M	$83.00M	$216.00M	-
Indonesia	-	-	-	-	-	-	-	-	-	-	-	-	$245.00M	$231.00M	$207.00M	$196.00M	$167.00M	$132.00M	$204.00M	-
China	-	-	-	-	-	-	-	-	-	-	-	-	$205.00M	$193.00M	$171.00M	$155.00M	$161.00M	$67.00M	$146.00M	-
CA	-	-	-	-	-	-	-	-	-	-	-	-	$921.00M	$561.00M	$450.00M	-	-	-	-	-
Australia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$168.00M	$437.00M	-
Canada	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$562.00M	$328.00M	$165.00M	$333.00M	-
Other Non US Countries	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.00M	$5.00M	-	-	-
US	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.02B	-	-	-
AUSTRALIA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

ConocoPhillips's latest quarterly revenue breakdown by geography, as of Dec 24: Lower 48 (75.84%), NORWAY (6.66%), UNITED KINGDOM (5.56%), Libya (5.23%), CHINA (2.71%), MALAYSIA (2.51%), and CANADA (1.49%).

ConocoPhillips Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
COP	ConocoPhillips	$56.95B	$13.60B
OXY	Occidental Petroleum	$26.73B	$7.17B
EOG	EOG Resources	$23.38B	$5.97B
DVN	Devon Energy	$15.94B	$3.84B
HES	Hess	$13.02B	$3.28B
FANG	Diamondback Energy	$11.07B	$2.65B
APA	APA	$9.74B	$2.53B
CTRA	Coterra Energy	$1.77B	$1.36B
PR	Permian Resources	-	$1.22B

COP Revenue FAQ

What is ConocoPhillips’s yearly revenue?

ConocoPhillips's yearly revenue for 2024 was $56.95B, representing a decrease of -1.57% compared to 2023. The company's yearly revenue for 2023 was $57.86B, representing a decrease of -26.29% compared to 2022. COP's yearly revenue for 2022 was $78.49B, representing an increase of 71.28% compared to 2021.

What is ConocoPhillips’s quarterly revenue?

ConocoPhillips's quarterly revenue for Q3 2024 was $13.6B, a 0.12% increase from the previous quarter (Q2 2024), and a -4.53% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $13.59B, a -1.88% decrease from the previous quarter (Q1 2024), and a 10.02% increase year-over-year (Q2 2023). COP's quarterly revenue for Q1 2024 was $13.85B, a -5.44% decrease from the previous quarter (Q4 2023), and a -6.50% decrease year-over-year (Q1 2023).

What is ConocoPhillips’s revenue growth rate?

ConocoPhillips's revenue growth rate for the last 3 years (2022-2024) was -27.44%, and for the last 5 years (2020-2024) was 203.20%.

What are ConocoPhillips’s revenue streams?

ConocoPhillips's revenue streams in c 24 are Crude oil product line, Natural Gas Product Line, and Other Products. Crude oil product line generated $376M in revenue, accounting 6.86% of the company's total revenue, up 162.94% year-over-year. Natural Gas Product Line generated $3.75B in revenue, accounting 68.45% of the company's total revenue, down -43.33% year-over-year. Other Products generated $1.35B in revenue, accounting 24.69% of the company's total revenue, down -5.84% year-over-year.

What is ConocoPhillips’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of ConocoPhillips was Natural Gas Product Line. This segment made a revenue of $3.75B, representing 68.45% of the company's total revenue.