ConocoPhillips Cost of Goods Sold 2010-2024 | COP

ConocoPhillips annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • ConocoPhillips cost of goods sold for the quarter ending September 30, 2024 was $4.817B, a 14.52% decline year-over-year.
  • ConocoPhillips cost of goods sold for the twelve months ending September 30, 2024 was $20.986B, a 18.05% decline year-over-year.
  • ConocoPhillips annual cost of goods sold for 2023 was $22.373B, a 35.22% decline from 2022.
  • ConocoPhillips annual cost of goods sold for 2022 was $34.535B, a 86.66% increase from 2021.
  • ConocoPhillips annual cost of goods sold for 2021 was $18.502B, a 94.04% increase from 2020.
ConocoPhillips Annual Cost of Goods Sold
(Millions of US $)
2023 $22,373
2022 $34,535
2021 $18,502
2020 $9,535
2019 $12,585
2018 $14,663
2017 $13,409
2016 $11,906
2015 $16,618
2014 $24,144
2013 $23,875
2012 $26,732
2011 $30,835
2010 $25,979
2009 $103,615
ConocoPhillips Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $4,817
2024-06-30 $4,960
2024-03-31 $5,446
2023-12-31 $5,763
2023-09-30 $5,635
2023-06-30 $4,699
2023-03-31 $6,276
2022-12-31 $8,998
2022-09-30 $9,340
2022-06-30 $9,377
2022-03-31 $6,820
2021-12-31 $6,636
2021-09-30 $4,244
2021-06-30 $3,055
2021-03-31 $4,567
2020-12-31 $3,495
2020-09-30 $1,964
2020-06-30 $1,227
2020-03-31 $2,849
2019-12-31 $2,934
2019-09-30 $3,070
2019-06-30 $2,796
2019-03-31 $3,785
2018-12-31 $4,088
2018-09-30 $3,633
2018-06-30 $3,133
2018-03-31 $3,809
2017-12-31 $3,649
2017-09-30 $2,999
2017-06-30 $3,019
2017-03-31 $3,742
2016-12-31 $3,288
2016-09-30 $3,276
2016-06-30 $2,612
2016-03-31 $2,730
2015-12-31 $4,790
2015-09-30 $4,330
2015-06-30 $3,779
2015-03-31 $3,719
2014-12-31 $5,547
2014-09-30 $5,162
2014-06-30 $6,012
2014-03-31 $7,423
2013-12-31 $5,901
2013-09-30 $6,021
2013-06-30 $5,842
2013-03-31 $6,111
2012-12-31 $7,421
2012-09-30 $6,572
2012-06-30 $5,986
2012-03-31 $6,753
2011-12-31 $7,681
2011-09-30 $8,242
2011-06-30 $7,945
2011-03-31 $42,552
2010-12-31 $38,398
2010-09-30 $34,303
2010-06-30 $32,301
2010-03-31 $31,904
2009-12-31 $30,385
2009-09-30 $28,394
2009-06-30 $24,852
2009-03-31 $19,984
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - US Integrated $128.960B $58.574B
ConocoPhillips is primarily involved in the exploration and production of oil and natural gas. Considering proved reserves and production, the company is the largest explorer and producer in the world. The company, founded in 1875, has strong presence across conventional and unconventional plays in 16 countries. ConocoPhillips' low risk and cost-effective operations spread across North America, Asia, Australia and Europe. The upstream energy player also has foothold in Canada's oil sand resources and has exposure to developments related to liquefied natural gas (LNG).
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