COP Q1 2023 Earnings — ConocoPhillips Revenue & Financial Results | Market Cap Arena

COPConocoPhillips

$142B

Q1 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$14.8B-18.6% YoY

Gross Profit

$4.9B32.9% margin

Operating Income

$4.1B27.9% margin

Net Income

$2.9B19.8% margin

EPS (Diluted)

$2.39

QoQ Revenue Growth

-18.3%

Cash Flow

Operating Cash Flow

$5.4B

Free Cash Flow

$2.5B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$91.4B

Total Liabilities

$43.7B

Stockholders' Equity

$47.8B

Cash & Equivalents

$7.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14.8B	$18.2B	-18.6%
Gross Profit	$4.9B	$7.5B	-35.6%
Operating Income	$4.1B	$6.5B	-37.0%
Net Income	$2.9B	$5.8B	-49.3%

Revenue Segments

Crude oil product line

$8.9B60%

Natural Gas Product Line

$4.4B30%

Other Products

$800M5%

Natural Gas Liquids

$695M5%

Geographic Segments

Lower 48

$11.8B80%

CANADA

$843M6%

UNITED KINGDOM

$681M5%

NORWAY

$651M4%

Libya

$370M2%

MALAYSIA

$261M2%

CHINA

$202M1%

International

$1M0%