CONOCOPHILLIPS

For the period ended Mar 31, 2024. Filed May 2, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 2, 2024

COP$135.59+0.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated Income Statement

Consolidated Income Statement	ConocoPhillips

	Millions of Dollars
	Three Months EndedMarch 31
	2024	2023
Revenues and Other Income
Sales and other operating revenues	$13,848	14,811
Equity in earnings of affiliates	421	499
Gain (loss) on dispositions	93	93
Other income	114	114
Total Revenues and Other Income	14,476	15,517
Costs and Expenses
Purchased commodities	5,334	6,138
Production and operating expenses	2,015	1,779
Selling, general and administrative expenses	178	159
Exploration expenses	112	138
Depreciation, depletion and amortization	2,211	1,942
Impairments	—	1
Taxes other than income taxes	555	576
Accretion on discounted liabilities	80	68
Interest and debt expense	205	188
Foreign currency transaction (gain) loss	(18)	(44)
Other expenses	(4)	10
Total Costs and Expenses	10,668	10,955
Income (loss) before income taxes	3,808	4,562
Income tax provision (benefit)	1,257	1,642
Net Income (Loss)	$2,551	2,920
Net Income (Loss) Per Share of Common Stock (dollars)
Basic	$2.16	2.38
Diluted	2.15	2.38
Weighted-Average Common Shares Outstanding (in thousands)
Basic	1,177,921	1,220,228
Diluted	1,180,320	1,223,355

ConocoPhillips 2024 Q1 10-Q

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.