ConocoPhillips

NYSE-COP

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						32,567	18,784	45,828	78,494	56,141	56,447
Impairment of Oil, Gas & Mineral Properties						221	868	10	89	53	27
Other Revenues, Total						779	432	832	2,081	1,720	1,633
Total Revenues						33,346	19,216	46,660	80,575	57,861	58,080
Total Revenues % Chg.						-11.1%	-42.4%	142.8%	72.7%	-28.2%	-15.6%
Cost of Goods Sold, Total						17,164	12,422	23,724	40,977	29,668	29,620
Gross Profit						16,182	6,794	22,936	39,598	28,193	28,460
Selling General & Admin Expenses, Total						639	399	503	588	732	688
Exploration / Drilling Costs, Total						522	589	308	475	345	364
Depreciation & Amortization						6,090	5,521	7,208	7,504	8,270	8,863
Impairment of Oil, Gas & Mineral Properties						221	868	10	89	53	27
Other Operating Expenses						1,275	1,006	1,851	3,619	2,363	2,389
Other Operating Expenses, Total						8,747	8,383	9,880	12,275	11,763	12,331
Operating Income						7,435	-1,589	13,056	27,323	16,430	16,129
Interest Expense, Total						-778	-806	-884	-805	-780	-816
Interest And Investment Income						166	100	33	195	412	412
Net Interest Expenses						-612	-706	-851	-610	-368	-404
Currency Exchange Gains (Loss)						-66	72	22	100	-92	-141
Other Non Operating Income (Expenses)						557	245	120	112	110	76
EBT, Excl. Unusual Items						7,314	-1,978	12,347	26,925	16,080	15,660
Restructuring Charges	—	—	—	—	—	—	—	-232	—	—	—
Merger & Related Restructuring Charges	—	—	—	—	—	—	—	-153	—	—	—
Gain (Loss) On Sale Of Investments	—		—			649	-855	1,040	251	—	—
Gain (Loss) On Sale Of Assets						1,966	549	486	1,077	228	224
Asset Writedown						-405	-813	-674	12	-14	-47
Other Unusual Items	—	—	—	—	—	—	-43	-102	-37	-6	-6
EBT, Incl. Unusual Items						9,524	-3,140	12,712	28,228	16,288	15,831
Income Tax Expense						2,267	-485	4,633	9,548	5,331	5,146
Earnings From Continuing Operations						7,257	-2,655	8,079	18,680	10,957	10,685
Earnings Of Discontinued Operations		—	—	—	—	—	—	—	—	—	—
Minority Interest						-68	-46	—	—	—	—
Net Income						7,189	-2,701	8,079	18,680	10,957	10,685
Preferred Dividend and Other Adjustments	—	—	—	—	—	—	6	19	60	35	33
Net Income to Common Incl Extra Items						7,189	-2,707	8,060	18,620	10,922	10,652
Net Income to Common Excl. Extra Items						7,189	-2,707	8,060	18,620	10,922	10,652
Total Shares Outstanding						1,084.9	1,068	1,302.2	1,223.9	1,178.1	1,161.2
Weighted Avg. Shares Outstanding						1,117.3	1,078	1,324.2	1,274	1,202.8	1,182.6
Weighted Avg. Shares Outstanding Dil						1,123.5	1,078	1,328.2	1,278.2	1,205.7	1,185.1
EPS						6.4	-2.5	6.1	14.6	9.1	9
EPS Diluted						6.4	-2.5	6.1	14.6	9.1	9
EBITDA						13,746	4,800	20,274	34,916	24,753	25,019
Effective Tax Rate						23.8%	15.4%	36.4%	33.8%	32.7%	32.5%