Stock Analysis on Net
Stock Analysis on Net

ConocoPhillips (NYSE:COP)

Common-Size Income Statement
Quarterly Data

ConocoPhillips, common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Sales and other operating revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Equity in earnings of affiliates 2.86 2.72 3.34 3.37 3.07 2.67 2.48 2.40 2.20 2.11 1.45 1.24 1.57 0.80 2.80 3.80 1.66 3.74 2.18 2.05
Gain (loss) on dispositions 0.19 0.76 -0.01 0.63 0.20 -0.19 1.24 4.60 1.27 0.02 0.62 2.37 -0.04 -0.07 21.68 -0.68 1.06 23.01 1.03 0.19
Other income (loss) 0.88 0.84 0.99 0.77 0.52 0.38 0.20 1.61 2.11 0.43 4.78 3.85 8.63 -0.87 21.61 -24.99 2.88 3.38 2.16 7.67
Revenues and other income 103.92% 104.32% 104.32% 104.77% 103.79% 102.86% 103.91% 108.61% 105.58% 102.56% 106.85% 107.46% 110.16% 99.86% 146.09% 78.13% 105.60% 130.13% 105.37% 109.91%
Purchased commodities -38.55 -38.90 -37.37 -41.44 -47.07 -44.03 -43.64 -38.01 -42.98 -36.90 -31.37 -45.62 -44.58 -41.93 -41.11 -43.21 -36.11 -34.94 -33.62 -40.16
Production and operating expenses -13.80 -14.00 -15.27 -12.01 -10.16 -8.56 -8.23 -8.90 -10.21 -12.26 -14.43 -14.07 -21.14 -21.96 -38.09 -19.05 -16.89 -17.16 -17.83 -13.89
Selling, general and administrative expenses -1.17 -1.19 -1.66 -1.07 -1.03 -0.70 -0.45 -1.05 -1.08 -1.13 -1.22 -3.17 -3.30 -2.19 -5.67 0.05 -2.43 -1.12 -1.62 -1.67
Exploration expenses -0.58 -0.65 -0.67 -0.93 -1.42 -0.42 -0.68 -0.39 -0.91 -0.57 -0.60 -0.85 -19.07 -2.85 -3.53 -3.05 -1.96 -4.64 -1.53 -1.20
Depreciation, depletion and amortization -15.09 -14.70 -16.27 -13.11 -10.77 -8.91 -8.55 -10.26 -11.79 -14.76 -19.54 -19.19 -28.06 -32.17 -42.12 -22.91 -19.30 -20.19 -18.74 -16.90
Impairments -0.01 -0.08 0.00 -0.01 0.10 -0.01 -0.01 -0.01 -5.05 0.79 -0.02 0.03 -5.32 -0.05 0.07 -8.46 -4.92 -0.31 -0.01 -0.01
Taxes other than income taxes -3.06 -3.76 -4.15 -3.89 -3.70 -4.01 -4.82 -4.58 -3.17 -3.56 -3.99 -3.77 -3.35 -4.08 -5.13 -4.06 -3.20 -3.06 -2.44 -3.01
Accretion on discounted liabilities -0.54 -0.48 -0.55 -0.46 -0.37 -0.29 -0.29 -0.34 -0.37 -0.54 -0.66 -0.63 -1.04 -1.41 -2.40 -1.09 -0.87 -1.11 -1.09 -0.94
Operating income (loss) 31.13% 30.58% 28.37% 31.84% 29.37% 35.93% 37.25% 45.06% 30.01% 33.62% 35.03% 20.18% -15.70% -6.77% 8.11% -23.66% 19.93% 47.60% 28.48% 32.13%
Interest and debt expense -1.49 -1.36 -1.45 -1.27 -0.96 -0.95 -1.00 -1.22 -1.45 -1.93 -2.30 -2.30 -3.68 -4.56 -7.35 -3.28 -2.54 -2.37 -2.07 -2.55
Foreign currency transaction gain (loss) -0.64 -0.39 0.11 0.30 -0.21 0.44 0.33 -0.14 0.27 0.09 -0.10 -0.19 -0.29 0.11 -0.25 1.46 -0.61 0.27 -0.35 -0.13
Other expenses -0.05 -0.06 0.19 -0.07 0.01 -0.02 -0.41 0.77 -0.16 -0.15 -0.39 -0.24 -0.11 -0.46 0.25 0.10 -0.09 -0.46 -0.18 -0.09
Income (loss) before income taxes 28.95% 28.77% 27.22% 30.80% 28.21% 35.41% 36.18% 44.47% 28.68% 31.63% 32.23% 17.44% -19.78% -11.67% 0.76% -25.38% 16.68% 45.04% 25.88% 29.37%
Income tax (provision) benefit -8.53 -9.14 -9.15 -11.09 -10.70 -13.86 -11.86 -12.04 -11.30 -10.62 -10.35 -7.45 5.72 1.41 9.35 -2.40 -7.04 -5.44 -5.80 -9.19
Net income (loss) 20.42% 19.64% 18.07% 19.72% 17.51% 21.54% 24.31% 32.42% 17.37% 21.00% 21.88% 9.99% -14.06% -10.26% 10.11% -27.78% 9.64% 39.60% 20.08% 20.17%
Net income attributable to noncontrolling interests 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.65 -0.45 -0.30 -0.19 -0.21 -0.14
Net income (loss) attributable to ConocoPhillips 20.42% 19.64% 18.07% 19.72% 17.51% 21.54% 24.31% 32.42% 17.37% 21.00% 21.88% 9.99% -14.06% -10.26% 9.46% -28.24% 9.34% 39.40% 19.87% 20.03%

Based on: 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. ConocoPhillips operating income (loss) as a percentage of sales and other operating revenues increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. ConocoPhillips income (loss) before income taxes as a percentage of sales and other operating revenues increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Net income (loss) attributable to ConocoPhillips The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. ConocoPhillips net income (loss) attributable to ConocoPhillips as a percentage of sales and other operating revenues increased from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.