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Revenue breakdown by Products & Services
Revenue breakdown by Geography

ConocoPhillips's Revenue by Segment

In fiscal year 2024, ConocoPhillips's revenue by segment (products & services) are as follows:

  • Crude oil product line: $376.00 M
  • Natural Gas Product Line: $3.75 B
  • Other Products: $1.35 B

Learn more about ConocoPhillips’s Revenue by Geography

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

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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 $495.00 M in revenue, representing 2.89% of its total revenue.
  • Natural Gas Product Line generated $15.37 B in revenue, representing 89.61% of its total revenue.
  • Other Products generated $1.29 B 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 $143.00 M in revenue, representing 1.74% of its total revenue.
  • Natural Gas Product Line generated $6.62 B in revenue, representing 80.73% of its total revenue.
  • Other Products generated $1.44 B 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.

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

In fiscal year 2024, ConocoPhillips's revenue by segment is as follows:

  • Crude oil product line generated $376.00 M in revenue, representing 6.86% of its total revenue.
  • Natural Gas Product Line generated $3.75 B in revenue, representing 68.45% of its total revenue.
  • Other Products generated $1.35 B in revenue, representing 24.69% of its total revenue.

The biggest segment for ConocoPhillips is the Natural Gas Product Line, which represents 68.45% of its total revenue.
The smallest segment for ConocoPhillips is the Crude oil product line, which represents 6.86% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Crude oil product line 2.89% 1.74% 6.86%
Natural Gas Product Line 89.61% 80.73% 68.45%
Other Products 7.5% 17.53% 24.69%
Total Revenue 100% 100% 100%

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

In fiscal year 2024, the Natural Gas Product Line generated the most revenue ($3.75 B), and the Crude oil product line generated the least revenue ($376.00 M).

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

  • Crude oil product line revenue increased 162.94% ($233.00 M) from $143.00 M (in 2023) to $376.00 M (in 2024).
  • Natural Gas Product Line revenue decreased -43.33% ($2.87 B) from $6.62 B (in 2023) to $3.75 B (in 2024).
  • Other Products revenue decreased -5.84% ($84.00 M) from $1.44 B (in 2023) to $1.35 B (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Crude oil product line $495.00 M - $143.00 M
    71.11%
    $376.00 M
    162.94%
    Natural Gas Product Line $15.37 B - $6.62 B
    56.91%
    $3.75 B
    43.33%
    Other Products $1.29 B - $1.44 B
    11.73%
    $1.35 B
    5.84%
    Total Revenue $17.15 B - $8.20 B
    52.17%
    $5.48 B
    33.16%