Performance by year1

Net Equity Total

METRIC 2021 2022 2023 20242,3 2025
CLIMATE
Net Equity Greenhouse Gas Emissions (thousand tonnes CO2e) 18,300 18,358 20,070 21,110 24,307
Net Equity GHG intensity (kg CO2e/BOE)4 32.9 28.9 30.1 29.5 28.0
Target Related Net Equity Intensity (kg CO2e/BOE)5 32.4 28.5 29.7 29.0 27.7

Operated Total6

METRIC 2021 2022 2023 20242,3 2025
CLIMATE AND AIR EMISSIONS
GHG intensity (kg CO2e/BOE)
Total GHG Intensity 26.9 23.3 25.3 22.4 19.5
Breakdown by region          
U.S. 20.7 19.0 23.0 19.7 17.3
Canada 55.1 56.3 57.4 50.0 47.2
Norway/UK 20.1 14.2 13.7 13.3 14.3
Australia 25.4 25.8 25.3 25.3 25.2
Equatorial Guinea n/a n/a n/a n/a 13.7
All Others 44.8 43.3 0 0 5.5
Target Related GHG Intensity 6 26.6 22.9 24.9 22.0 19.2
GHGs (thousand tonnes)
CO2 from Operations 15,900 13,229 13,113 13,146 15,533
Breakdown by region          
U.S. 6,200 6,129 6,741 6,733 8,232
Canada 3,400 3,217 3,268 3,124 3,395
Norway/UK 1,200 1,094 1,063 1,114 1,029
Australia 2,100 2,104 2,041 2,175 2,136
Equatorial Guinea n/a n/a n/a n/a 557
All Others 3,000 685 0 0 183
CO2 from Imported Electricity (Scope 2) 1,000 1,060 1,001 932 1,176
Breakdown by region          
U.S. 600 711 705 671 914
Canada 400 336 283 247 250
Norway/UK 0 14 13 13 11
Australia 0 0 0 0 0
Equatorial Guinea n/a n/a n/a n/a 0
All Others 0 <1 0 0 0
Methane (CO2e) 1,800 1,758 3,298 2,341 2,808
Breakdown by region          
U.S. 1,600 1,646 3,198 2,250 2,676
Canada 100 46 49 36 40
Norway/UK 0 27 22 20 21
Australia 0 28 29 34 41
Equatorial Guinea n/a n/a n/a n/a 28
All Others 100 10 0 0 3
Nitrous Oxide (CO2e) 20 21 21 21 26
Breakdown by region          
U.S. 10 8 8 9 9
Canada 0 7 7 7 7
Norway/UK 0 4 3 3 3
Australia 0 2 2 2 2
Equatorial Guinea n/a n/a n/a n/a 3
All Others 10 1 0 0 1
Total GHGs (thousand tonnes CO2e) 18,720 16,068 17,433 16,438 19,543
CO2e Per Dollars of Revenue (tonnes/$thousand)7 0.41 0.20 0.31 0.30 0.33
Scope 1 Emissions by Source Category (thousand tonnes CO2e)8
Flaring 1,900 1,560 2,283 2,184 2,798
Combustion 13,800 11,536 11,402 11,683 13,729
Process Venting 1,500 1,461 2,599 1,319 1,450
Fugitive Venting 220 168 147 319 389
Other 9 300 282 <1 2 2
Total Scope 1 Emissions 17,720 15,008 16,432 15,507 18,367
Percent of Scope 1 Emissions Covered by Regulation 38% 43% 39% 42% 36%
Methane
Methane Intensity (kg CO2e/BOE)8 2.6 2.6 4.8 3.2 2.8
Methane Emitted as Percent of Natural Gas Production 0.23% 0.30% 0.61% 0.34% 0.39%
Methane Emitted as Percent of Total Hydrocarbon Production 0.07% 0.07% 0.14% 0.08% 0.08%
Methane Emitted as Percent of Scope 1 Emissions 10% 12% 20% 15% 15%
Flaring
Routine Flaring Volume (million cubic feet)10 1,030 111 13 4 71
Breakdown by region          
U.S. 930 85 13 4 71
Canada 0 0 0 0 0
Norway/UK 0 0 0 0 0
Australia 0 0 0 0 0
Equatorial Guinea n/a n/a n/a n/a 0
All Others 100 26 0 0 0
Total Flaring Volume (million cubic feet)11 20,500 17,858 21,867 20,171 25,656
Breakdown by region          
U.S. 17,700 15,972 19,923 17,763 21,244
Canada 200 239 349 448 545
Norway/UK 800 600 464 298 476
Australia 400 666 1,131 1,662 1,483
Equatorial Guinea n/a n/a n/a n/a 1,692
All Others 1,400 381 0 0 216
Flaring Intensity (Total Flaring Volume as Percent of Gas Produced)12 1.81% 2.39% 3.36% 2.65% 1.90%
Flaring Intensity (Total Flaring Volume MMSCF/Total Production MMBOE) 29.5 25.9 31.8 27.5 25.6
Other Air Emissions (tonnes)
Volatile Organic Compounds (VOCs) 96,400 98,508 115,587 76,841 82,388
Nitrogen Oxides (NOx) 42,000 48,528 47,682 46,200 53,878
Sulfur Oxides (SOx) 2,900 2,701 2,607 2,947 2,430
Energy Use (trillion BTUs)
Combustion energy 211 199 197 200 237
Imported electricity 6 8 8 8 11
Total energy 217 206 205 208 248
Energy Intensity (trillion BTUs/MMBOE) 0.31 0.30 0.30 0.28 0.25
ENVIRONMENT
Water
Fresh Water Withdrawn (million cubic meters) 9.7 9.2 10.5 8.9 10.8
Fresh Water Consumed (million cubic meters) 7.5 7.3 8.5 7.0 8.7
Fresh Water Consumed in Regions with High Baseline Water Stress 20.0% 2.4% 18.3% 10.4% 17.0%
Non-Fresh Water Withdrawn (million cubic meters) 55.3 52.6 53.6 47.3 72.9
Produced water recycled or reused (million cubic meters)13 80.0 74.0 73.6 76.7 78.5
Municipal Wastewater Reused (million cubic meters) 1.3 1.8 0.5 2.5 2.2
Produced Water Disposed (million cubic meters) 69 62 71 76 87
Produced Water Discharged Offshore (million cubic meters) 17 15 17 17 15
Hydrocarbons in Overboard Discharges (tonnes) 147 129 129 117 140
Water Intensity
Unconventional Fresh Water Consumption (barrels/BOE EUR) 0.08 0.06 0.06 0.07 0.07
Conventional Fresh Water Consumption (barrels/BOE) 0.03 0.03 0.03 0.03 0.03
Biodiversity
Operated Area Overlapping With IUCN Protected Areas 0.03% 0.04% 0.03%  0.03% 0.02%
Number of IUCN Protected Areas Near Operated Assets 8 10 12 12 12
Contributions to Conservation (thousand acres) n/a n/a n/a 66 74
Voluntary Conservation Agreements (thousand acres) 360 470 470 470 485
Number of Operated Assets with IUCN Red List Species 12 12 9 9 11
Liquid hydrocarbon spills to the environment14
Number of Spills > 100 Barrels 4 2 0 2 0
Volume of Spills > 100 Barrels (barrels) 734 299 0 777 0
Number of Spills > 1 Barrel 178 99 38 34 48
Volume of Spills > 1 Barrel (barrels) 2,194 861 303 1,087 492
Volume Recovered from Spills > 1 Barrel (barrels) 1,410 496 155 528 219
Liquid hydrocarbon spills in the Arctic15
Number of Arctic Spills > 1 Barrel 3 1 2 0 0
Volume of Arctic Spills > 1 Barrel (barrels) 5 5 7 0 0
Volume Recovered From Arctic Spills > 1 Barrel (barrels) 5 5 7 0 0
Wastes (tonnes)16
Total Waste Generated 427,900 666,596 1,497,841 1,035,497 787,869
Waste Disposed 236,200 401,088 1,459,766 990,030 757,602
Waste Recycled/Reused 191,700 265,508 38,075 45,467 30,267
SAFETY17
Safety (rate per 200,000 hours worked)
Workforce Fatalities 0 0 1 1 0
Workforce Total Recordable Rate 0.15 0.14 0.17 0.15 0.15
Workforce Lost Workday Rate 0.04 0.04 0.04 0.05 0.04
Employee Total Recordable Rate 0.14 0.12 0.19 0.11 0.21
Employee Lost Workday Rate 0.05 0.06 0.05 0.04 0.08
Contractor Total Recordable Rate 0.16 0.14 0.16 0.16 0.14
Contractor Lost Workday Rate 0.04 0.04 0.04 0.05 0.04
Process safety (rate per 200,000 hours worked by operations)
Tier 1 Process Safety Event Rate18 0.09 0.05 0.04 0.05 0.04
SOCIAL19
Economic contribution
Payments to Vendors and Suppliers ($ billion)20 7.9 10.9 12.5 13.7 16.2
Shareholder Dividends ($ billion) 2.4 5.7 5.6 3.6 4.0
Capital Investments ($ billion) 5.3 10.2 11.2 12.1 12.6
Cash Contributions ($ million) 33.6 33.9 33.8 42.7 38.9
Global workforce
Employees at Year-End21 9,900 9,500 9,900 11,800 9,900
Employees — Women 26% 27% 27% 27% 26%
Employees — Men 74% 73% 73% 73% 74%
All Leadership — Women 25% 26% 26% 26% 24%
All Leadership — Men 75% 74% 74% 74% 76%
Top Leadership — Women 22% 25% 26% 26% 26%
Top Leadership — Men 78% 75% 74% 74% 74%
Junior Leadership — Women 25% 26% 26% 26% 24%
Junior Leadership — Men 75% 74% 74% 74% 76%
Petrotechnical — Women 20% 21% 21% 22% 22%
Petrotechnical — Men 80% 79% 79% 78% 78%
Non-U.S. Employees 39% 34% 34% 33% 38%
All Non-U.S. Leadership 41% 35% 33% 31% 35%
Non-U.S. Top Leadership 24% 23% 23% 22% 24%
Non-U.S. Junior Leadership 44% 37% 35% 32% 38%
Avg. Years of Service 11.3 10.9 10.9 10.6 11.0
Avg. Years of Experience 17.5 17.5 17.9 18.0 18.0
Employees by Age Group          
Under 30 8% 8% 7% 8% 7%
30 - 50 62% 62% 61% 62% 63%
51+ 30% 31% 31% 31% 30%
U.S. workforce demographics22
Employees — POC23 28% 30% 32% 33% 33%
Employees — White 72% 70% 68% 67% 67%
All Leadership — POC 21% 23% 24% 25% 25%
All Leadership — White 79% 77% 76% 75% 75%
Top Leadership — POC 15% 18% 18% 19% 20%
Top Leadership — White 85% 82% 82% 81% 80%
Junior Leadership — POC 23% 25% 26% 26% 26%
Junior Leadership — White 77% 75% 74% 74% 74%
Employees covered by a collective bargaining agreement 4% 4% 4% 3% 4%
Veterans 6% 6% 6% 6% 6%
Employees with disabilities 5% 5% 5% 5% 4%
U.S. population 61% 66% 66% 67% 62%
U.S. Employees by race/ethnicity and gender
White Women 20.0% 19.9% 19.0% 18.3% 17.9%
White Men 51.8% 49.9% 49.2% 48.8% 49.4%
Hispanic or Latino Women 3.0% 3.6% 3.9% 4.3% 3.9%
Hispanic or Latino Men 11.7% 12.0% 12.4% 12.9% 13.5%
Asian Women 1.9% 2.1% 2.1% 2.4% 2.2%
Asian Men 4.2% 4.3% 4.5% 4.6% 4.6%
Black or African American Women 1.6% 1.7% 1.8% 2.0% 1.7%
Black or African American Men 2.2% 2.5% 2.6% 2.6% 2.5%
American Indian or Alaska Native Women 0.9% 1.0% 1.1% 0.9% 0.8%
American Indian or Alaska Native Men 1.3% 1.4% 1.5% 1.4% 1.6%
Native Hawaiian or Pacific Islander Women 0.1% 0.1% 0.1% 0.1% 0.1%
Native Hawaiian or Pacific Islander Men 0.1% 0.1% 0.1% 0.1% 0.2%
Two+ races Women 0.4% 0.5% 0.6% 0.6% 0.5%
Two+ races Men 0.5% 0.9% 1.1% 1.0% 1.1%
Attrition Rate
Voluntary Attrition Rate 5.0% 5.6% 3.9% 3.6% 4.4%
Voluntary Attrition — Women 5.3% 5.0% 4.2% 3.7% 4.5%
Voluntary Attrition — Men 4.9% 5.9% 3.9% 3.5% 4.4%
Voluntary Attrition — U.S. POC 4.8% 5.7% 3.1% 2.5% 4.3%
Voluntary Attrition — U.S. White 6.8% 6.7% 4.6% 4.1% 5.4%
Training and development
Average training hours per employee 18.6 18.4 25.6 23.2 24.0
Average spent on training per employee (in dollars) $889 $1,071 $1,043 $1,050 $1,100
GOVERNANCE
Board24
Independent Members 80% 86% 83% 83% 92%
Women 27% 29% 17% 25% 31%
Men 73% 71% 83% 75% 69%
EXPLORATION AND PRODUCTION
Average daily net production25
Crude oil (MBD) 829 898 936 982 1,145
NGL (MBD) 142 252 287 312 419
Bitumen (MBD) 69 66 81 122 133
Natural gas (MMCFD) 3,162 3,130 3,135 3,433 4,065
Total (MBOED) 1,567 1,738 1,826 1,987 2,375
Total Operated Production (MMBOE)26 694 688 688 733 1,001
Breakdown by region          
U.S. 412 445 463 490 685
Canada 68 64 63 68 78
Norway/UK 63 80 80 86 75
Australia 83 83 82 87 87
Equatorial Guinea n/a n/a n/a n/a 43
All Others 68 16 0 0 34
Total Proved Reserves at Year-End (million BOE) 6,101 6,599 6,758 7,812 7,637
Proved Reserves in Low Transparency Countries27 3.6% 3.8% 3.4% 4.5% 4.4%

Notes:

  1. Refer to our ISSB index for IFRS S2 requirements and links to where relevant disclosures are located within this report, including performance tables.
  2. The Global Warming Potential (GWP) values from the Fifth Assessment Report (AR5) of the Intergovernmental Panel on Climate Change (IPCC) were adopted in 2024 to align with most reporting methodologies used in the regions we operate, and in alignment with the GHG Protocol. This adjustment applies exclusively to the metrics for the year 2024 onward presented in the performance tables, and to our 2016 baseline target year for GHG intensity, as is standard practice, to ensure consistency between base year and future target years. As a result of this adjustment, the company total gross operated GHG emissions changes for the baseline year 2016 have been revised from 26.8 to 27.4 million tonnes of CO2e.
  3. ConocoPhillips began operations of heritage Marathon Oil assets on November 22, 2024. Heritage Marathon Oil emissions data is not included in ConocoPhillips’ total GHG metrics for 2024.
  4. The denominator uses net production values reported in the ConocoPhillips Annual Report, which represent the company’s equity share of total production.
  5. GHG intensity target excludes emissions from exploration and transportation services (i.e., Polar Tankers and Global Aviation), which are not directly related to oil or gas production.
  6. Data is based on assets where we have operational control. Environmental data is represented as 100% ownership interest and aligned with financial reporting. To provide the most current and accurate data available, we update previously reported data for prior years as needed.
  7. Scope 1 and Scope 2 emissions divided by sales and other operating revenues. Source: ConocoPhillips Annual Report.
  8. Includes CO2 from operations, methane (CO2e), nitrous oxide (CO2e).
  9. Includes emissions related to unplanned events/incidents and emissions from Sulfur Hexaflouride.
  10. Routine flaring is defined per the World Bank’s Zero Routine by 2030 initiative.
  11. Total flaring volume represents total hydrocarbon content flared. Nonroutine/safety flaring is included in the total flaring volume.
  12. This metric is not associated with the new flaring intensity commitment and does not represent a baseline value. The new flaring intensity commitment will be reported in 2027.
  13. Includes produced water recycled for production steam generation or hydraulic fracturing and reused for enhanced oil recovery.
  14. The term “environment” refers to the natural environment, including soil, surface water, groundwater and ice covered surfaces.
  15. No spills in this section were deemed as to the environment, per local regulatory requirements.
  16. Reported waste metrics were updated to align with Ipieca Sustainability Guidance core reporting elements for materials management.
  17. 2024 safety metrics include incidents but do not include work hours November 22, 2024 - December 31, 2024 for heritage Marathon Oil assets.
  18. Rate of process safety events of greater consequence as defined by API 752 and IOGP 456 Standards.
  19. Social metrics reflect full year economic contributions, including heritage Marathon Oil assets following the acquisition. Workforce metrics reflect all employees at year-end, including heritage Marathon Oil employees.
  20. Payments to vendors and suppliers is an estimate based on Production and Operating Expenses and Capital Program.
  21. Employee headcount based on active employees as of December 31, 2025
  22. U.S. workforce demographics account only for self-reported data.
  23. POC: People of Color (includes ethnic/racial groups defined per the U.S. Census)
  24. As of December 31, 2025.
  25. Production data is average daily net production from continuing operations. Source: ConocoPhillips Annual Report.
  26. Data is normalized using barrels of oil equivalent (BOE) from production operations, including gas plant liquid production of ethane, propane, butane and condensate and production from third-party gas not accounted for in production operations. For gas production, 6,000 standard cubic feet of gas is assumed to equal one BOE.
  27. In the 20 lowest-ranked countries per Transparency International’s Corruption Perception Index.

REFERENCE: UNITS OF MEASURE

MBD - Thousands of Barrels per Day
MBOED - Thousands of Barrels of Oil Equivalent per Day
MMCFD - Millions of cubic feet per day. Represents quantities available for sale and excludes gas equivalent of natural gas liquids.
MMBTU - Millions of British Thermal Units