$COP
CONOCOPHILLIPS

2024 Q1 Form 10-Q Financial Statement

#000116316524000023 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q1
Revenue $13.85B
YoY Change -6.5%
Cost Of Revenue $5.334B
YoY Change -13.1%
Gross Profit $8.514B
YoY Change -1.83%
Gross Profit Margin 61.48%
Selling, General & Admin $178.0M
YoY Change 11.95%
% of Gross Profit 2.09%
Research & Development $112.0M
YoY Change -5.88%
% of Gross Profit 1.32%
Depreciation & Amortization $2.211B
YoY Change 13.85%
% of Gross Profit 25.97%
Operating Expenses $178.0M
YoY Change 11.95%
Operating Profit $8.336B
YoY Change -2.09%
Interest Expense $234.0M
YoY Change -34.08%
% of Operating Profit 2.81%
Other Income/Expense, Net $4.000M
YoY Change -140.0%
Pretax Income $3.808B
YoY Change -16.53%
Income Tax $1.257B
% Of Pretax Income 33.01%
Net Earnings $2.551B
YoY Change -12.64%
Net Earnings / Revenue 18.42%
Basic Earnings Per Share $2.16
Diluted Earnings Per Share $2.15
COMMON SHARES
Basic Shares Outstanding 1.176B shares
Diluted Shares Outstanding 1.180B shares

Balance Sheet

Concept 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.061B
YoY Change -29.6%
Cash & Equivalents $5.574B
Short-Term Investments $487.0M
Other Short-Term Assets $759.0M
YoY Change -20.36%
Inventory $1.443B
Prepaid Expenses
Receivables $5.458B
Other Receivables $0.00
Total Short-Term Assets $13.72B
YoY Change -14.86%
LONG-TERM ASSETS
Property, Plant & Equipment $69.91B
YoY Change 7.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.200M
YoY Change -99.91%
Other Assets $2.588B
YoY Change 26.99%
Total Long-Term Assets $81.63B
YoY Change 8.37%
TOTAL ASSETS
Total Short-Term Assets $13.72B
Total Long-Term Assets $81.63B
Total Assets $95.35B
YoY Change 4.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.138B
YoY Change 1.18%
Accrued Expenses $1.796B
YoY Change -21.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $1.113B
YoY Change -15.49%
Total Short-Term Liabilities $10.16B
YoY Change -12.03%
LONG-TERM LIABILITIES
Long-Term Debt $17.30B
YoY Change 13.35%
Other Long-Term Liabilities $9.780B
YoY Change 9.74%
Total Long-Term Liabilities $27.08B
YoY Change 12.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.16B
Total Long-Term Liabilities $27.08B
Total Liabilities $46.02B
YoY Change 5.42%
SHAREHOLDERS EQUITY
Retained Earnings $60.90B
YoY Change 11.54%
Common Stock $61.32B
YoY Change 0.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $66.97B
YoY Change 8.19%
Treasury Stock Shares
Shareholders Equity $49.33B
YoY Change
Total Liabilities & Shareholders Equity $95.35B
YoY Change 4.27%

Cashflow Statement

Concept 2024 Q1
OPERATING ACTIVITIES
Net Income $2.551B
YoY Change -12.64%
Depreciation, Depletion And Amortization $2.211B
YoY Change 13.85%
Cash From Operating Activities $4.985B
YoY Change -7.74%
INVESTING ACTIVITIES
Capital Expenditures $2.916B
YoY Change 0.66%
Acquisitions -$49.00M
YoY Change
Other Investing Activities $21.00M
YoY Change 75.0%
Cash From Investing Activities -$2.141B
YoY Change 47.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$2.825B
YoY Change -15.06%
NET CHANGE
Cash From Operating Activities $4.985B
Cash From Investing Activities -$2.141B
Cash From Financing Activities -$2.825B
Net Change In Cash -$54.00M
YoY Change -110.29%
FREE CASH FLOW
Cash From Operating Activities $4.985B
Capital Expenditures $2.916B
Free Cash Flow $2.069B
YoY Change -17.44%

Facts In Submission

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