COP Q3 2024 Earnings — ConocoPhillips Revenue & Financial Results | Market Cap Arena

COPConocoPhillips

$142B

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$13.0B-8.9% YoY

Gross Profit

$3.6B27.5% margin

Operating Income

$2.9B22.4% margin

Net Income

$2.1B15.8% margin

EPS (Diluted)

$1.76

QoQ Revenue Growth

-4.4%

Cash Flow

Operating Cash Flow

$5.8B

Free Cash Flow

$2.8B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$96.7B

Total Liabilities

$46.8B

Stockholders' Equity

$49.9B

Cash & Equivalents

$5.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13.0B	$14.3B	-8.9%
Gross Profit	$3.6B	$4.5B	-21.2%
Operating Income	$2.9B	$3.8B	-24.0%
Net Income	$2.1B	$2.8B	-26.4%

Revenue Segments

Crude oil product line

$9.8B75%

Natural Gas Product Line

$1.3B10%

Other Products

$1.3B10%

Natural Gas Liquids

$693M5%

Geographic Segments

Lower 48

$10.4B80%

CANADA

$660M5%

NORWAY

$640M5%

UNITED KINGDOM

$510M4%

Libya

$307M2%

CHINA

$261M2%

MALAYSIA

$217M2%

International

$1M0%