← CONOCOPHILLIPS

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $23.7b $29.1b $36.4b $32.6b $18.8b $45.8b $61.0b $56.7b $54.9b $59.0b
Total revenues and other income — — — — $19.3b $48.3b $82.2b $58.6b $57.0b $61.5b
Cost of Revenue $10.2b $12.5b $14.3b $11.8b $8.1b $18.2b $34.0b $22.0b $20.0b $22.3b
Gross Profit (Calculated) $13.5b $16.6b $22.1b $20.7b $10.7b $27.7b $27.1b $26.5b $29.4b $29.5b
Operating expenses:
Operating Costs and Expenses $5.7b $5.2b $5.2b $5.3b $4.3b $5.7b $7.0b $7.7b $8.8b $10.3b
Production and operating expenses $5.7b $5.2b $5.2b $5.3b $4.3b $5.7b $7.0b $7.7b $8.8b $10.3b
Additional Financial Items
Accretion on discounted liabilities $425.0m $362.0m $353.0m $326.0m $252.0m $242.0m $250.0m $283.0m $325.0m $378.0m
Basic (in shares) $1.2m $1.2m $1.2m $1.1m $1.1m $1.3m $1.3b $1.2b $1.2b $1.3b
Depreciation, depletion and amortization $9.1b $6.8b $6.0b $6.1b $5.5b $7.2b $7.5b $8.3b $9.6b $11.5b
Diluted (in shares) $1.2m $1.2m $1.2m $1.1m $1.1m $1.3m $1.3b $1.2b $1.2b $1.3b
Equity in earnings of affiliates $52.0m $772.0m $1.1b $779.0m $432.0m $832.0m $2.1b $1.7b $1.7b $1.3b
Foreign Currency Transaction Gain (Loss), before Tax $19.0m ($35.0m) $17.0m ($66.0m) $72.0m $22.0m $100.0m ($92.0m) $50.0m ($11.0m)
Foreign currency transaction (gain) loss ($19.0m) $35.0m ($17.0m) $66.0m ($72.0m) ($22.0m) ($100.0m) $92.0m ($50.0m) $11.0m
Gain (loss) on dispositions $360.0m $2.2b $1.1b $2.0b $549.0m $486.0m $1.1b $228.0m $51.0m $731.0m
Impairments $139.0m $6.6b $27.0m $405.0m $813.0m $674.0m ($12.0m) $14.0m $80.0m $26.0m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $5.5b ($5.2b) $2.9b $4.7b ($3.6b) $8.0b $16.7b $9.5b $6.7b $6.2b
Income (Loss) from Continuing Operations, Per Basic Share ($3) $1 $5 $6 ($3) $6 $15 $9 $8 $6
Income (Loss) from Continuing Operations, Per Diluted Share ($3) $1 $5 $6 ($3) $6 $15 $9 $8 $6
Income (Loss) from Equity Method Investments $52.0m $772.0m $1.1b $779.0m $432.0m $832.0m $2.1b $1.7b $1.7b $1.3b
Income (loss) before income taxes ($5.5b) ($2.6b) $10.0b $9.5b ($3.1b) $12.7b $28.2b $16.3b $13.7b $12.7b
Income tax provision (benefit) ($2.0b) ($1.8b) $3.7b $2.3b ($485.0m) $4.6b $9.5b $5.3b $4.4b $4.7b
Investment Income, Interest $57.0m $112.0m $97.0m $166.0m $100.0m $33.0m $195.0m $412.0m $402.0m $311.0m
Other income $255.0m — — $1.4b ($509.0m) $1.2b $504.0m $485.0m $452.0m $538.0m
Purchased commodities $10.0b $12.5b $14.3b $11.8b $8.1b $18.2b $34.0b $22.0b $20.0b $22.3b
Taxes other than income taxes $739.0m $809.0m $1.0b $953.0m $754.0m $1.6b $3.4b $2.1b $2.1b $2.1b
Taxes, Miscellaneous $739.0m $809.0m $1.0b $953.0m $754.0m $1.6b $3.4b $2.1b $2.1b $2.1b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $5.5b ($2.6b) $10.0b $9.5b ($3.1b) $12.7b $28.2b $16.3b $13.7b $12.7b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($3.6b) — — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($3.6b) — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 — — — — — — — — —
Net Income (Loss) Attributable to Parent ($3.6b) ($855.0m) $6.3b $7.2b ($2.7b) $8.1b $18.7b $11.0b $9.2b $8.0b
Net Income (Loss) Available to Common Stockholders, Basic ($3.6b) ($855.0m) $6.3b $7.2b ($2.7b) $8.1b $18.6b $10.9b $9.2b $8.0b
Net Income (Loss) Attributable to Noncontrolling Interest $56.0m $62.0m $48.0m $68.0m $46.0m $0 $0 — — —
Common Stock, Dividends, Per Share, Declared $1.00 $1.06 $5.36 $6.43 ($2.51) $1.75 $1.89 $2.11 $2.52 $3.18
Earnings Per Share, Basic ($2.91) ($0.70) $5.36 $6.43 ($2.51) $6.09 $14.62 $9.08 $7.82 $6.36
Earnings Per Share, Diluted ($2.91) ($0.70) $5.32 $6.40 ($2.51) $6.07 $14.57 $9.06 $7.81 $6.35
Weighted Average Number of Shares Outstanding, Basic 1.2m 1.2m 1.2m 1.1m 1.1m 1.3m 1.3b 1.2b 1.2b 1.3b
Weighted Average Number of Shares Outstanding, Diluted 1.2m 1.2m 1.2m 1.1m 1.1m 1.3m 1.3b 1.2b 1.2b 1.3b
Accretion Expense, Including Asset Retirement Obligations $425.0m $362.0m $353.0m $326.0m $252.0m $242.0m $250.0m $283.0m $325.0m $378.0m
Exploration expenses $1.9b $938.0m $369.0m $743.0m $1.5b $344.0m $564.0m $398.0m $355.0m $407.0m
Interest Expense, Debt $1.3b $1.1b $838.0m $799.0m $788.0m $887.0m $791.0m $824.0m $941.0m $1.2b
Interest and debt expense $1.2b $1.1b $735.0m $778.0m $806.0m $884.0m $805.0m $780.0m $783.0m $855.0m
Operating Lease, Expense — — — $341.0m $321.0m — — — — —
Other Nonoperating Income (Expense) — $529.0m $173.0m $1.4b ($509.0m) $1.2b $47.0m ($2.0m) ($181.0m) ($20.0m)
Other expenses $255.0m $529.0m $173.0m $1.4b $13.0m $102.0m ($47.0m) $2.0m $181.0m $20.0m
Research and Development Expense $116.0m $100.0m $78.0m $82.0m $75.0m $62.0m $71.0m $81.0m $81.0m $78.0m
Selling, General and Administrative Expense $723.0m $561.0m $401.0m $556.0m $430.0m $719.0m $623.0m $705.0m $1.2b $893.0m
Selling, general and administrative expenses $723.0m $561.0m $401.0m $556.0m $430.0m $719.0m $623.0m $705.0m $1.2b $893.0m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $202.0m — — — — ($102.0m) ($37.0m) ($6.0m) — ($5.0m)
Income Tax Expense (Benefit) ($2.0b) ($1.8b) $3.7b $2.3b ($485.0m) $4.6b $9.5b $5.3b $4.4b $4.7b
Other Operating Income (Expense), Net $255.0m — — $1.4b ($509.0m) $1.2b $504.0m $485.0m $452.0m $538.0m
Total costs and expenses $29.9b $35.2b $28.8b $27.1b $22.4b $35.6b $53.9b $42.3b $43.3b $48.9b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.