Stock Analysis on Net

ConocoPhillips (NYSE:COP)

Analysis of Revenues 

Microsoft Excel

Revenues as Reported

ConocoPhillips, income statement, revenues

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Crude oil 37,833 41,492 23,648 9,736 18,482
Natural gas 10,725 26,941 16,904 6,427 8,715
Natural gas liquids 2,609 3,650 1,668 528 814
Other 4,974 6,411 3,608 2,093 4,556
Consolidated sales and other operating revenues 56,141 78,494 45,828 18,784 32,567

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Item Description The company
Consolidated sales and other operating revenues Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). ConocoPhillips consolidated sales and other operating revenues increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.