COP Q4 2023 Earnings — ConocoPhillips Revenue & Financial Results | Market Cap Arena

COPConocoPhillips

$142B

Q4 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$14.6B-19.1% YoY

Gross Profit

$4.7B31.9% margin

Operating Income

$4.0B27.6% margin

Net Income

$3.0B20.5% margin

EPS (Diluted)

$2.52

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$5.3B

Free Cash Flow

$2.4B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$95.9B

Total Liabilities

$46.6B

Stockholders' Equity

$49.3B

Cash & Equivalents

$5.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14.6B	$18.1B	-19.1%
Gross Profit	$4.7B	$5.7B	-17.5%
Operating Income	$4.0B	$4.8B	-15.4%
Net Income	$3.0B	$3.2B	-7.7%

Revenue Segments

Crude oil product line

$9.9B67%

Natural Gas Product Line

$2.2B15%

Other Products

$1.9B13%

Natural Gas Liquids

$655M4%

Geographic Segments

Lower 48

$11.7B79%

CANADA

$906M6%

NORWAY

$591M4%

UNITED KINGDOM

$527M4%

Libya

$521M4%

CHINA

$281M2%

MALAYSIA

$192M1%

International

$2M0%