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Revenue breakdown by Products & Services
Revenue breakdown by Geography

ConocoPhillips's Revenue by Segment

In fiscal year 2023, ConocoPhillips's revenue by segment (products & services) are as follows:

  • Crude oil product line: $143.00M
  • Natural Gas Product Line: $6.62B
  • Other Products: $1.44B

Learn more about ConocoPhillips’s Revenue by Geography

Check out competitors to ConocoPhillips in a side-by-side comparison.

Explore additional financial metrics for ConocoPhillips.

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The above chart shows ConocoPhillips's revenue percentage share by segment (products and services).

In fiscal year 2021, ConocoPhillips's revenue by segment is as follows:

  • Crude oil product line generated $757.00M in revenue, representing 6.58% of its total revenue.
  • Natural Gas Product Line generated $10.03B in revenue, representing 87.25% of its total revenue.
  • Other Products generated $709.00M in revenue, representing 6.17% of its total revenue.

The biggest segment for ConocoPhillips is the Natural Gas Product Line, which represents 87.25% of its total revenue.
The smallest segment for ConocoPhillips is the Other Products, which represents 6.17% of its total revenue.

The above chart shows ConocoPhillips's revenue percentage share by segment (products and services).

In fiscal year 2022, ConocoPhillips's revenue by segment is as follows:

  • Crude oil product line generated $495.00M in revenue, representing 2.89% of its total revenue.
  • Natural Gas Product Line generated $15.37B in revenue, representing 89.61% of its total revenue.
  • Other Products generated $1.29B in revenue, representing 7.5% of its total revenue.

The biggest segment for ConocoPhillips is the Natural Gas Product Line, which represents 89.61% of its total revenue.
The smallest segment for ConocoPhillips is the Crude oil product line, which represents 2.89% of its total revenue.

The above chart shows ConocoPhillips's revenue percentage share by segment (products and services).

In fiscal year 2023, ConocoPhillips's revenue by segment is as follows:

  • Crude oil product line generated $143.00M in revenue, representing 1.74% of its total revenue.
  • Natural Gas Product Line generated $6.62B in revenue, representing 80.73% of its total revenue.
  • Other Products generated $1.44B in revenue, representing 17.53% of its total revenue.

The biggest segment for ConocoPhillips is the Natural Gas Product Line, which represents 80.73% of its total revenue.
The smallest segment for ConocoPhillips is the Crude oil product line, which represents 1.74% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2021 2022 2023
Crude oil product line 6.58% 2.89% 1.74%
Natural Gas Product Line 87.25% 89.61% 80.73%
Other Products 6.17% 7.5% 17.53%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of ConocoPhillips.

In fiscal year 2023, the Natural Gas Product Line generated the most revenue ($6.62B), and the Crude oil product line generated the least revenue ($143.00M).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Crude oil product line revenue decreased -71.11% ($352.00M) from $495.00M (in 2022) to $143.00M (in 2023).
  • Natural Gas Product Line revenue decreased -56.91% ($8.75B) from $15.37B (in 2022) to $6.62B (in 2023).
  • Other Products revenue increased 11.73% ($151.00M) from $1.29B (in 2022) to $1.44B (in 2023).
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    Summary Table

    Products & Services 2021 2022 2023
    Crude oil product line $757.00M - $495.00M
    34.61%
    $143.00M
    71.11%
    Natural Gas Product Line $10.03B - $15.37B
    53.16%
    $6.62B
    56.91%
    Other Products $709.00M - $1.29B
    81.52%
    $1.44B
    11.73%
    Total Revenue $11.50B - $17.15B
    49.13%
    $8.20B
    52.17%