COP Q2 2024 Earnings — ConocoPhillips Revenue & Financial Results | Market Cap Arena

COPConocoPhillips

$142B

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$13.6B+9.9% YoY

Gross Profit

$4.2B30.6% margin

Operating Income

$3.5B25.5% margin

Net Income

$2.3B17.1% margin

EPS (Diluted)

$1.98

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$4.9B

Free Cash Flow

$1.9B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$96.0B

Total Liabilities

$46.2B

Stockholders' Equity

$49.7B

Cash & Equivalents

$4.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13.6B	$12.4B	+9.9%
Gross Profit	$4.2B	$3.8B	+10.7%
Operating Income	$3.5B	$3.0B	+13.8%
Net Income	$2.3B	$2.2B	+4.4%

Revenue Segments

Crude oil product line

$10.1B74%

Other Products

$1.7B12%

Natural Gas Product Line

$1.2B9%

Natural Gas Liquids

$662M5%

Geographic Segments

Lower 48

$10.8B79%

CANADA

$941M7%

NORWAY

$514M4%

Libya

$470M3%

UNITED KINGDOM

$374M3%

CHINA

$275M2%

MALAYSIA

$268M2%

International

$2M0%