ConocoPhillips (COP) 8-K ConocoPhillips Reports Third-Quarter 2013 Earnings; Growth Plans On Track

Exhibit 99.2

	Third-Quarter 2013 Detailed Supplemental Information
					2012										2013
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr	YTD
$ Millions, Except as Indicated
CONSOLIDATED INCOME STATEMENT
Revenues and Other Income
Sales and other operating revenues	14,593		13,664		14,141		15,569		57,967		14,166		13,350		13,643			41,159
Equity in earnings of affiliates	490		529		412		480		1,911		362		494		709			1,565
Gain on dispositions	940		583		118		16		1,657		58		95		1,069			1,222
Other income	60		66		42		301		469		65		203		49			317
Total Revenues and Other Income	16,083		14,842		14,713		16,366		62,004		14,651		14,142		15,470			44,263
Costs and Expenses
Purchased commodities	6,078		5,721		6,357		7,076		25,232		5,834		5,521		5,708			17,063
Production and operating expenses	1,559		1,802		1,637		1,795		6,793		1,687		1,672		1,962			5,321
Selling, general and administrative expenses	326		235		329		216		1,106		165		193		249			607
Exploration expenses	675		265		215		345		1,500		277		321		313			911
Depreciation, depletion and amortization	1,571		1,580		1,650		1,779		6,580		1,807		1,832		1,902			5,541
Impairments	214		82		-		384		680		2		28		1			31
Taxes other than income taxes	1,095		900		673		878		3,546		892		642		664			2,198
Accretion on discounted liabilities	105		103		100		86		394		106		105		106			317
Interest and debt expense	190		197		161		161		709		130		139		151			420
Foreign currency transaction (gains) losses	5		12		-		24		41		(36	)	(7	)	9			(34	)
Total Costs and Expenses	11,818		10,897		11,122		12,744		46,581		10,864		10,446		11,065			32,375
Income from continuing operations before income taxes	4,265		3,945		3,591		3,622		15,423		3,787		3,696		4,405			11,888
Provision for income taxes	2,086		2,225		1,851		1,780		7,942		1,763		1,630		1,966			5,359
Income from continuing operations	2,179		1,720		1,740		1,842		7,481		2,024		2,066		2,439			6,529
Income from discontinued operations	776		569		73		(401	)	1,017		129		(3	)	57			183
Net Income	2,955		2,289		1,813		1,441		8,498		2,153		2,063		2,496			6,712
Less: net income attributable to noncontrolling interests	(18	)	(22	)	(15	)	(15	)	(70	)	(14	)	(13	)	(16	)		(43	)
Net Income Attributable to ConocoPhillips	2,937		2,267		1,798		1,426		8,428		2,139		2,050		2,480			6,669
Net Income Attributable to ConocoPhillips
Per Share of Common Stock (dollars)
Basic
Continuing operations	1.69		1.36		1.41		1.49		5.95		1.64		1.66		1.96			5.26
Discontinued operations	0.60		0.46		0.06		(0.33	)	0.82		0.10		-		0.05			0.15
Net Income Attributable to ConocoPhillips
Per Share of Common Stock	2.29		1.82		1.47		1.16		6.77		1.74		1.66		2.01			5.41
Diluted
Continuing operations	1.67		1.35		1.40		1.48		5.91		1.63		1.65		1.95			5.23
Discontinued operations	0.60		0.45		0.06		(0.32	)	0.81		0.10		-		0.05			0.15
Net Income Attributable to ConocoPhillips
Per Share of Common Stock	2.27		1.80		1.46		1.16		6.72		1.73		1.65		2.00			5.38
Average Common Shares Outstanding (in thousands)
Basic	1,283,493		1,248,300		1,220,462		1,223,422		1,243,799		1,229,232		1,229,773		1,231,054			1,230,027
Diluted	1,293,104		1,258,189		1,229,343		1,231,395		1,253,093		1,235,907		1,237,157		1,240,365			1,238,943
INCOME (LOSS) FROM CONTINUING
OPERATIONS BEFORE INCOME TAXES
Alaska	983		856		820		882		3,541		842		1,060		787			2,689
Lower 48 and Latin America	426		207		250		279		1,162		260		352		765			1,377
Canada	(725	)	(134	)	(39	)	(38	)	(936	)	(117	)	10		868			761
Europe	1,464		1,896		962		1,188		5,510		1,191		625		960			2,776
Asia Pacific and Middle East	2,204		1,090		1,105		1,175		5,574		1,393		1,416		1,120			3,929
Other International	282		409		798		356		1,845		401		381		196			978
Corporate and Other	(369	)	(379	)	(305	)	(220	)	(1,273	)	(183	)	(148	)	(291	)		(622	)
Consolidated	4,265		3,945		3,591		3,622		15,423		3,787		3,696		4,405			11,888
EFFECTIVE INCOME TAX RATES FOR
CONTINUING OPERATIONS
Alaska*	36.9	%	35.7	%	34.8	%	35.4	%	35.8	%	35.5	%	35.7	%	37.1	%		36.1	%
Lower 48 and Latin America	40.2	%	42.6	%	26.9	%	-69.6	%	11.4	%	49.1	%	29.6	%	34.9	%		36.2	%
Canada	24.3	%	29.8	%	19.2	%	73.2	%	26.9	%	213.7	%	52.2	%	26.0	%		-2.5	%
Europe	73.4	%	64.7	%	86.3	%	74.0	%	72.8	%	63.8	%	58.3	%	70.4	%		64.8	%
Asia Pacific and Middle East	20.4	%	27.1	%	38.1	%	35.0	%	28.3	%	33.1	%	27.2	%	32.4	%		30.8	%
Other International	92.6	%	114.0	%	38.3	%	127.2	%	80.5	%	96.5	%	96.2	%	101.2	%		97.3	%
Corporate and Other	15.8	%	31.1	%	16.7	%	23.9	%	22.0	%	11.7	%	-16.8	%	19.4	%		8.5	%
Consolidated	48.9	%	56.4	%	51.5	%	49.1	%	51.5	%	46.6	%	44.1	%	44.6	%		45.1	%
*Alaska including taxes other than income taxes	66.0	%	63.9	%	56.7	%	61.7	%	62.5	%	61.6	%	52.9	%	57.8	%		57.4	%

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					2012										2013
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr	YTD
$ Millions
EARNINGS BY SEGMENT
Alaska	620		551		535		570		2,276		543		682		494			1,719
Lower 48 and Latin America*	255		119		182		473		1,029		133		247		498			878
Canada	(549	)	(94	)	(31	)	(10	)	(684	)	133		5		642			780
Europe	389		669		132		308		1,498		431		261		284			976
Asia Pacific and Middle East	1,738		772		669		749		3,928		918		1,017		741			2,676
Other International	21		(57	)	492		(97	)	359		14		14		(2	)		26
Corporate and Other	(311	)	(262	)	(254	)	(166	)	(993	)	(162	)	(173	)	(234	)		(569	)
Discontinued Operations - Phillips 66	712		534		2		(16	)	1,232		-		-		-			-
Discontinued Operations - Other	62		35		71		(385	)	(217	)	129		(3	)	57			183
Consolidated	2,937		2,267		1,798		1,426		8,428		2,139		2,050		2,480			6,669
*Lower 48 only:	234		104		145		262		745		105		233		210			548
SPECIAL ITEMS (AFTER-TAX)
Alaska	-		-		-		(25	)	(25	)	-		97		-			97
Lower 48 and Latin America*	-		-		-		316		316		(60	)	69		288			297
Canada	(520	)	-		-		(42	)	(562	)	224		-		461			685
Europe	-		255		(167	)	(80	)	8		83		-		-			83
Asia Pacific and Middle East	937		(17	)	(133	)	-		787		-		146		(116	)		30
Other International	-		-		443		(108	)	335		-		-		-			-
Corporate and Other	(33	)	(40	)	(118	)	11		(180	)	11		(9	)	(31	)		(29	)
Discontinued Operations - Phillips 66	712		534		2		(16	)	1,232		-		-		-			-
Discontinued Operations - Other	62		35		71		(385	)	(217	)	129		(3	)	57			183
Consolidated	1,158		767		98		(329	)	1,694		387		300		659			1,346
*Lower 48 only:	-		-		-		115		115		(60	)	69		-			9
ADJUSTED EARNINGS
Alaska	620		551		535		595		2,301		543		585		494			1,622
Lower 48 and Latin America*	255		119		182		157		713		193		178		210			581
Canada	(29	)	(94	)	(31	)	32		(122	)	(91	)	5		181			95
Europe	389		414		299		388		1,490		348		261		284			893
Asia Pacific and Middle East	801		789		802		749		3,141		918		871		857			2,646
Other International	21		(57	)	49		11		24		14		14		(2	)		26
Corporate and Other	(278	)	(222	)	(136	)	(177	)	(813	)	(173	)	(164	)	(203	)		(540	)
Consolidated	1,779		1,500		1,700		1,755		6,734		1,752		1,750		1,821			5,323
*Lower 48 only:	234		104		145		147		630		165		164		210			539
ADJUSTED EFFECTIVE INCOME TAX RATES FOR
CONTINUING OPERATIONS
Alaska	36.9	%	35.7	%	34.8	%	35.5	%	35.8	%	35.5	%	35.6	%	37.1	%		36.0	%
Lower 48 and Latin America	40.2	%	42.6	%	26.9	%	42.1	%	38.2	%	40.2	%	35.5	%	39.6	%		38.6	%
Canada	7.2	%	29.8	%	19.2	%	-81.8	%	34.3	%	22.2	%	52.2	%	28.7	%		35.5	%
Europe	73.4	%	70.2	%	69.0	%	71.2	%	71.1	%	68.4	%	58.3	%	70.4	%		66.8	%
Asia Pacific and Middle East	36.8	%	30.6	%	35.2	%	36.2	%	34.8	%	34.1	%	31.2	%	31.5	%		31.6	%
Other International	92.6	%	114.0	%	91.7	%	97.4	%	98.6	%	96.5	%	96.2	%	101.2	%		97.3	%
Corporate and Other	17.8	%	33.4	%	4.8	%	24.0	%	22.4	%	11.0	%	-19.6	%	15.5	%		5.6	%
Consolidated	56.1	%	57.5	%	53.8	%	55.5	%	55.7	%	53.3	%	47.4	%	48.7	%		49.7	%

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					2012										2013
$ Millions	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr	YTD
DETAILED SPECIAL ITEMS (AFTER-TAX)
Alaska
Pending claims and settlements	-		-		-		(25	)	(25	)	-		97		-			97
Total	-		-		-		(25	)	(25	)	-		97		-			97
Lower 48 and Latin America
Gain (loss) on asset sales	-		-		-		-		-		(39	)	47		288			296
Impairments	-		-		-		(121	)	(121	)	-		-		-			-
Tax loss carryforward realization	-		-		-		236		236		(21	)	22		-			1
Pending claims and settlements	-		-		-		201		201		-		-		-			-
Total	-		-		-		316		316		(60	)	69		288			297
Canada
Gain (loss) on asset sales	-		-		-		-		-		224		-		461			685
Impairments	(520	)	-		-		(42	)	(562	)	-		-		-			-
Total	(520	)	-		-		(42	)	(562	)	224		-		461			685
Europe
International tax law changes	-		-		(167	)	-		(167	)	-		-		-			-
Gain (loss) on asset sales	-		285		-		-		285		83		-		-			83
Impairments	-		(30	)	-		(80	)	(110	)	-		-		-			-
Total	-		255		(167	)	(80	)	8		83		-		-			83
Asia Pacific and Middle East
Gain (loss) on asset sales	937		-		(133	)	-		804		-		-		-			-
Bohai Bay incidents	-		(89	)	-		-		(89	)	-		-		-			-
Deferred tax adjustment	-		72		-		-		72		-		-		-			-
Pending claims and settlements	-		-		-		-		-		-		146		(116	)		30
Total	937		(17	)	(133	)	-		787		-		146		(116	)		30
Other International
Gain (loss) on asset sales	-		-		443		-		443		-		-		-			-
Impairments	-		-		-		(108	)	(108	)	-		-		-			-
Total	-		-		443		(108	)	335		-		-		-			-
Corporate and Other
Gain (loss) on asset sales	-		-		-		-		-		11		-		-			11
Separation costs	(33	)	(40	)	(7	)	(4	)	(84	)	-		-		-			-
Pension settlement expense	-		-		(82	)	(5	)	(87	)	-		-		(31	)		(31	)
Premium on early debt retirement	-		-		(68	)	-		(68	)	-		-		-			-
Pending claims and settlements	-		-		39		20		59		-		(9	)	-			(9	)
Total	(33	)	(40	)	(118	)	11		(180	)	11		(9	)	(31	)		(29	)
Discontinued Operations - Phillips 66	712		534		2		(16	)	1,232		-		-		-			-
Discontinued Operations - Other	62		35		71		(385	)	(217	)	129		(3	)	57			183
Total Company	1,158		767		98		(329	)	1,694		387		300		659			1,346
*Lower 48 only:	-		-		-		115		115		(60	)	69		-			9

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					2012										2013
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr	YTD
$ Millions
CASH FLOW INFORMATION
Cash Flows from Operating Activities
Net income	2,955		2,289		1,813		1,441		8,498		2,153		2,063		2,496			6,712
Depreciation, depletion and amortization	1,571		1,580		1,650		1,779		6,580		1,807		1,832		1,902			5,541
Impairments	214		82		-		384		680		2		28		1			31
Dry hole costs and leasehold impairments	518		116		69		171		874		36		176		133			345
Accretion on discounted liabilities	105		103		100		86		394		106		105		106			317
Deferred taxes	131		284		396		586		1,397		241		443		458			1,142
Undistributed equity earnings	(77	)	(179	)	(153	)	(187	)	(596	)	(29	)	(199	)	(357	)		(585	)
Gain on dispositions	(940	)	(583	)	(118	)	(16	)	(1,657	)	(58	)	(95	)	(1,069	)		(1,222	)
Income from discontinued operations	(776	)	(569	)	(73	)	401		(1,017	)	(129	)	3		(57	)		(183	)
Other	173		(279	)	53		(403	)	(456	)	(503	)	17		206			(280	)
Net working capital changes	196		(766	)	(297	)	(372	)	(1,239	)	982		(684	)	(175	)		123
Net cash provided by continuing operations	4,070		2,078		3,440		3,870		13,458		4,608		3,689		3,644			11,941
Net cash provided by discontinued operations	112		272		80		-		464		122		52		61			235
Net Cash Provided by Operating Activities	4,182		2,350		3,520		3,870		13,922		4,730		3,741		3,705			12,176
Cash Flows from Investing Activities
Capital expenditures and investments	(3,818	)	(3,623	)	(3,279	)	(3,452	)	(14,172	)	(3,391	)	(3,705	)	(4,185	)		(11,281	)
Proceeds from asset dispositions	1,102		464		522		44		2,132		1,134		542		1,499			3,175
Net sales (purchases) of short-term investments	92		505		-		-		597		(23	)	(51	)	75			1
Long-term collections from related parties
and other investments	45		23		207		660		935		36		(11	)	54			79
Net cash used in continuing operations	(2,579	)	(2,631	)	(2,550	)	(2,748	)	(10,508	)	(2,244	)	(3,225	)	(2,557	)		(8,026	)
Net cash used in discontinued operations	(431	)	(284	)	(223	)	(181	)	(1,119	)	(189	)	(190	)	(161	)		(540	)
Net Cash Used in Investing Activities	(3,010	)	(2,915	)	(2,773	)	(2,929	)	(11,627	)	(2,433	)	(3,415	)	(2,718	)		(8,566	)
Cash Flows from Financing Activities
Net issuance (repayment) of debt	(47	)	831		(1,967	)	614		(569	)	(48	)	(850	)	(48	)		(946	)
Special cash distribution from Phillips 66	-		7,818		-		-		7,818		-		-		-			-
Change in restricted cash	-		(5,000	)	2,532		1,720		(748	)	748		-		-			748
Issuance of company common stock	36		9		38		55		138		(10	)	5		17			12
Repurchase of company common stock	(1,899	)	(3,050	)	(149	)	-		(5,098	)	-		-		-			-
Dividends paid	(843	)	(818	)	(808	)	(809	)	(3,278	)	(815	)	(814	)	(852	)		(2,481	)
Other	(199	)	(170	)	(178	)	(178	)	(725	)	(205	)	(186	)	(202	)		(593	)
Net cash provided by (used in) continuing operations	(2,952	)	(380	)	(532	)	1,402		(2,462	)	(330	)	(1,845	)	(1,085	)		(3,260	)
Net cash used in discontinued operations	(318	)	(1,701	)	-		-		(2,019	)	-		-		-			-
Net Cash Provided by (Used in) Financing Activities	(3,270	)	(2,081	)	(532	)	1,402		(4,481	)	(330	)	(1,845	)	(1,085	)		(3,260	)
Effect of Exchange Rate Changes	25		(17	)	9		7		24		(163	)	6		72			(85	)
Net Change in Cash and Cash Equivalents	(2,073	)	(2,663	)	224		2,350		(2,162	)	1,804		(1,513	)	(26	)		265
Cash and cash equivalents at beginning of period	5,780		3,707		1,044		1,268		5,780		3,618		5,422		3,909			3,618
Cash and Cash Equivalents at End of Period	3,707		1,044		1,268		3,618		3,618		5,422		3,909		3,883			3,883
CAPITAL PROGRAM
Capital expenditures and investments
Alaska	186		202		208		232		828		262		283		291			836
Lower 48 and Latin America	1,267		1,288		1,339		1,357		5,251		1,280		1,377		1,244			3,901
Canada	629		428		493		634		2,184		675		422		505			1,602
Europe	622		735		738		765		2,860		791		765		791			2,347
Asia Pacific and Middle East	699		886		468		377		2,430		337		827		1,142			2,306
Other International	354		34		11		16		415		19		4		169			192
Corporate and Other	61		50		22		71		204		27		27		43			97
Total capital expenditures and investments	3,818		3,623		3,279		3,452		14,172		3,391		3,705		4,185			11,281
Joint venture acquisition obligation (principal) - Canada	180		181		185		187		733		189		192		194			575
Total Capital Program	3,998		3,804		3,464		3,639		14,905		3,580		3,897		4,379			11,856
Capital Program for Algeria, Nigeria and Kashagan:	220		190		225		182		817		189		190		161			540

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				2012						2013
	1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr		2nd Qtr	3rd Qtr	4th Qtr	YTD
TOTAL SEGMENTS
Production
Total (MBOED)
Continuing operations, including equity affiliates	1,581		1,489	1,470	1,566	1,527	1,555		1,510	1,470		1,511
Discontinued operations (Algeria and Nigeria)	56		53	55	41	51	41		42	44		42
Total, including equity affiliates	1,637		1,542	1,525	1,607	1,578	1,596		1,552	1,514		1,553
Crude Oil (MBD)
Consolidated operations	590		554	528	598	567	606		565	532		567
Equity affiliates	34		31	25	21	28	20		20	20		20
Total continuing operations	624		585	553	619	595	626		585	552		587
Discontinued operations (Algeria and Nigeria)	26		23	25	17	23	20		18	19		19
Total	650		608	578	636	618	646		603	571		606
Over (under) lifting of crude oil (MBD)*	(11	)	29	32	25	19	(9	)	4	19		5
*Includes continuing and discontinued operations.
NGL (MBD)
Consolidated operations	155		143	144	152	148	151		150	148		150
Equity affiliates	8		7	7	8	8	8		8	8		8
Total continuing operations	163		150	151	160	156	159		158	156		158
Discontinued operations (Nigeria)	3		4	4	3	4	3		3	4		3
Total	166		154	155	163	160	162		161	160		161
Bitumen (MBD)
Consolidated operations	11		11	12	12	12	13		12	13		12
Equity affiliates	73		77	80	94	81	96		88	94		93
Total	84		88	92	106	93	109		100	107		105
Natural Gas (MMCFD)
Consolidated operations	3,756		3,509	3,588	3,592	3,611	3,479		3,505	3,423		3,469
Equity affiliates	505		491	449	497	485	483		493	507		494
Total continuing operations	4,261		4,000	4,037	4,089	4,096	3,962		3,998	3,930		3,963
Discontinued operations (Nigeria)	161		153	162	120	149	110		128	125		121
Total	4,422		4,153	4,199	4,209	4,245	4,072		4,126	4,055		4,084
Industry Prices (Platt's)
Crude Oil ($/BBL)
WTI	102.99		93.44	92.11	88.09	94.16	94.29		94.12	105.80		98.07
WCS*	78.50		79.73	68.47	71.22	74.48	61.51		74.97	83.25		73.24
Brent dated	118.49		108.19	109.61	110.02	111.58	112.55		102.44	110.32		108.44
JCC	111.43		116.70	121.99	105.85	113.99	114.19		113.07	107.36		111.54
Natural Gas ($/MMBTU)
Henry Hub first of month	2.72		2.21	2.80	3.41	2.79	3.34		4.10	3.58		3.67
*Quoted WCS price reflects a one-month lag.
Average Realized Prices
Crude Oil ($/BBL)
Consolidated operations	111.91		105.77	102.79	103.16	105.86	106.17		100.31	106.85		104.43
Equity affiliates	111.37		99.28	96.57	100.90	102.80	100.27		93.41	99.41		97.67
Total continuing operations	111.88		105.43	102.54	103.08	105.72	105.97		100.07	106.60		104.20
Discontinued operations (Algeria and Nigeria)	122.73		108.92	106.97	112.15	112.90	112.62		103.45	110.28		109.59
Total	112.33		105.56	102.72	103.33	105.98	106.20		100.14	106.74		104.37
NGL ($/BBL)
Consolidated operations	53.26		42.77	40.02	42.38	44.62	40.87		36.21	39.44		38.85
Equity affiliates	88.24		70.28	62.18	86.97	77.30	77.32		64.63	69.90		70.68
Total continuing operations	55.03		44.36	41.08	44.93	46.36	42.95		37.80	41.14		40.64
Discontinued operations (Nigeria)	11.97		15.34	14.26	11.06	13.30	12.30		13.13	15.76		13.97
Total	54.11		43.55	40.39	44.15	45.55	42.41		37.24	40.47		40.05
Bitumen ($/BBL)
Consolidated operations	64.95		54.75	56.23	55.29	57.58	36.78		59.67	76.90		59.18
Equity affiliates	60.04		50.85	56.95	47.43	53.39	39.52		55.13	75.93		56.79
Total	60.66		51.38	56.86	48.32	53.91	39.23		55.69	76.06		57.08
Natural Gas ($/MCF)
Consolidated operations	5.20		4.72	4.86	5.50	5.07	5.75		5.88	5.49		5.71
Equity affiliates	8.62		8.98	8.66	7.90	8.54	9.36		8.84	9.35		9.18
Total continuing operations	5.61		5.25	5.28	5.79	5.48	6.19		6.25	5.99		6.14
Discontinued operations (Nigeria)	2.53		2.51	2.84	2.32	2.57	2.54		2.98	2.58		2.71
Total	5.49		5.14	5.18	5.69	5.38	6.09		6.15	5.88		6.04
First and second quarter of 2013 consolidated operations have been restated to reflect certain adjustments.
Exploration Expenses ($ Millions)
Dry holes	6		64	6	79	155	4		98	101		203
Leasehold impairment	512		52	63	92	719	32		78	32		142
Total noncash expenses	518		116	69	171	874	36		176	133		345
Other (G&A, G&G and lease rentals)	157		149	146	174	626	241		145	180		566
Total exploration expenses	675		265	215	345	1,500	277		321	313		911
U.S. exploration expenses	87		96	106	126	415	152		196	165		513
International exploration expenses	588		169	109	219	1,085	125		125	148		398
DD&A ($ Millions)
Alaska	134		134	117	131	516	135		135	124		394
Lower 48 and Latin America	603		625	657	719	2,604	744		785	880		2,409
Canada	324		333	355	326	1,338	343		345	330		1,018
Europe	266		246	214	267	993	261		234	234		729
Asia Pacific and Middle East	211		210	274	303	998	293		298	303		894
Other International	9		11	12	13	45	11		12	5		28
Corporate and Other	24		21	21	20	86	20		23	26		69
Total DD&A	1,571		1,580	1,650	1,779	6,580	1,807		1,832	1,902		5,541

5 of 8

			2012					2013
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
PRODUCTION
Crude Oil (MBD)
Consolidated operations
Alaska	208	190	157	196	188	190	176	161		176
Lower 48	117	115	124	136	123	148	147	153		149
Canada	13	14	14	13	13	14	14	13		14
Norway	112	103	97	103	104	100	78	94		91
United Kingdom	44	35	20	27	31	24	22	17		21
Europe	156	138	117	130	135	124	100	111		112
Australia/Timor-Leste	17	15	18	16	16	13	15	13		13
China	23	31	48	54	39	57	56	51		55
Indonesia	10	8	9	9	9	9	7	8		8
Malaysia	-	-	-	4	1	7	6	5		6
Vietnam	11	-	-	-	3	-	-	-		-
AP/ME	61	54	75	83	68	86	84	77		82
Libya	35	43	41	40	40	44	44	17		34
Other International	35	43	41	40	40	44	44	17		34
Total consolidated operations	590	554	528	598	567	606	565	532		567
Equity affiliates	34	31	25	21	28	20	20	20		20
Total continuing operations	624	585	553	619	595	626	585	552		587
Discontinued operations (Algeria and Nigeria)	26	23	25	17	23	20	18	19		19
Total	650	608	578	636	618	646	603	571		606
NGL (MBD)
Consolidated operations
Alaska	18	16	10	17	16	18	15	11		15
Lower 48	84	83	87	87	85	87	91	94		91
Canada	25	22	25	24	24	26	25	25		25
Norway	5	4	3	3	4	3	2	3		2
United Kingdom	5	4	2	4	3	3	3	2		3
Europe	10	8	5	7	7	6	5	5		5
Australia/Timor-Leste	12	9	12	12	11	10	10	9		10
Indonesia	6	5	5	5	5	4	4	4		4
AP/ME	18	14	17	17	16	14	14	13		14
Total consolidated operations	155	143	144	152	148	151	150	148		150
Equity affiliates	8	7	7	8	8	8	8	8		8
Total continuing operations	163	150	151	160	156	159	158	156		158
Discontinued operations (Nigeria)	3	4	4	3	4	3	3	4		3
Total	166	154	155	163	160	162	161	160		161
Bitumen (MBD)
Consolidated operations	11	11	12	12	12	13	12	13		12
Equity affiliates	73	77	80	94	81	96	88	94		93
Total	84	88	92	106	93	109	100	107		105
Natural Gas (MMCFD)
Consolidated operations
Alaska	59	56	51	56	55	56	38	35		43
Lower 48	1,502	1,456	1,507	1,508	1,493	1,441	1,516	1,511		1,490
Canada	863	864	874	826	857	806	788	775		790
Norway	195	141	127	176	160	161	119	130		137
United Kingdom	437	399	287	302	356	300	290	227		272
Europe	632	540	414	478	516	461	409	357		409
Australia/Timor-Leste	249	159	261	251	230	251	272	268		264
China	-	1	4	5	3	4	6	4		4
Indonesia	441	427	444	438	437	428	447	439		438
Malaysia	-	-	-	-	-	1	1	1		1
Vietnam	7	-	-	-	2	-	-	-		-
AP/ME	697	587	709	694	672	684	726	712		707
Libya	3	6	33	30	18	31	28	33		30
Other International	3	6	33	30	18	31	28	33		30
Total consolidated operations	3,756	3,509	3,588	3,592	3,611	3,479	3,505	3,423		3,469
Equity affiliates	505	491	449	497	485	483	493	507		494
Total continuing operations	4,261	4,000	4,037	4,089	4,096	3,962	3,998	3,930		3,963
Discontinued operations (Nigeria)	161	153	162	120	149	110	128	125		121
Total	4,422	4,153	4,199	4,209	4,245	4,072	4,126	4,055		4,084
Total (MBOED)
Consolidated operations
Alaska	236	215	176	222	213	218	197	178		198
Lower 48	451	441	462	475	457	475	491	499		488
Canada	193	191	197	187	192	187	183	180		183
Norway	149	131	121	135	135	130	100	119		116
United Kingdom	122	105	70	81	93	77	73	57		69
Europe	271	236	191	216	228	207	173	176		185
Australia/Timor-Leste	70	51	73	69	66	65	70	67		67
China	23	31	49	55	40	58	57	52		56
Indonesia	90	84	88	87	87	84	86	85		85
Malaysia	-	-	-	4	1	7	6	5		6
Vietnam	12	-	-	-	3	-	-	-		-
AP/ME	195	166	210	215	197	214	219	209		214
Libya	36	43	47	45	43	49	49	22		39
Other International	36	43	47	45	43	49	49	22		39
Total consolidated operations	1,382	1,292	1,283	1,360	1,330	1,350	1,312	1,264		1,307
Equity affiliates	199	197	187	206	197	205	198	206		204
Total continuing operations	1,581	1,489	1,470	1,566	1,527	1,555	1,510	1,470		1,511
Discontinued operations (Algeria and Nigeria)	56	53	55	41	51	41	42	44		42
Total	1,637	1,542	1,525	1,607	1,578	1,596	1,552	1,514		1,553

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			2012					2013
	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD	1st Qtr	2nd Qtr	3rd Qtr	4th Qtr	YTD
AVERAGE REALIZED PRICES
Crude Oil ($/BBL)
Consolidated operations
Alaska	112.20	112.38	106.53	106.91	109.62	110.79	106.09	110.95		109.14
Lower 48	99.00	89.61	90.06	88.63	91.67	93.69	93.56	100.25		95.92
Canada	83.85	74.76	77.19	77.71	78.26	72.85	81.09	91.81		81.71
Norway	122.49	109.50	111.74	111.87	113.80	114.75	103.21	112.50		111.22
United Kingdom	116.54	111.55	104.55	109.54	110.31	111.07	101.67	110.62		106.88
Europe	121.25	109.89	109.67	111.51	113.08	114.11	102.74	112.28		110.40
Australia/Timor-Leste	113.00	103.53	105.47	103.31	106.66	107.76	97.11	103.84		103.38
China	122.02	113.71	107.68	105.01	109.94	110.91	98.58	106.36		105.31
Indonesia	109.16	96.96	91.45	93.95	98.21	93.32	83.15	93.35		90.12
Malaysia	-	-	-	-	-	119.87	108.67	114.90		114.50
Vietnam	126.02	-	-	-	126.02	-	-	-		-
AP/ME	117.66	109.12	105.12	103.34	108.20	109.35	97.77	105.43		104.30
Libya	121.68	109.52	108.00	109.95	110.75	112.18	102.82	107.49		107.21
Other International	121.68	109.52	108.00	109.95	110.75	112.18	102.82	107.49		107.21
Total consolidated operations	111.91	105.77	102.79	103.16	105.86	106.17	100.31	106.85		104.43
Equity affiliates	111.37	99.28	96.57	100.90	102.80	100.27	93.41	99.41		97.67
Total continuing operations	111.88	105.43	102.54	103.08	105.72	105.97	100.07	106.60		104.20
Discontinued operations (Algeria and Nigeria)	122.73	108.92	106.97	112.15	112.90	112.62	103.45	110.28		109.59
Total	112.33	105.56	102.72	103.33	105.98	106.20	100.14	106.74		104.37
NGL ($/BBL)
Consolidated operations
Lower 48	44.90	34.62	31.40	31.32	35.45	29.58	29.30	32.57		30.52
Canada	54.13	48.66	45.31	46.28	48.64	50.15	44.08	46.90		47.07
Norway	57.56	53.57	55.56	72.71	59.22	59.77	52.15	56.29		56.88
United Kingdom	61.10	56.38	59.72	74.83	63.84	60.61	46.32	58.58		55.53
Europe	59.29	54.81	57.62	73.94	61.53	60.10	49.29	57.36		56.28
Australia/Timor-Leste	88.97	70.98	74.68	85.00	80.03	77.42	67.48	71.92		72.94
Indonesia	90.85	72.30	63.40	84.60	77.58	78.10	64.58	69.97		70.98
AP/ME	89.56	71.39	71.06	84.88	79.26	77.59	66.54	71.35		72.38
Total consolidated operations	53.26	42.77	40.02	42.38	44.62	40.87	36.21	39.44		38.85
Equity affiliates	88.24	70.28	62.18	86.97	77.30	77.32	64.63	69.90		70.68
Total continuing operations	55.03	44.36	41.08	44.93	46.36	42.95	37.80	41.14		40.64
Discontinued operations (Nigeria)	11.97	15.34	14.26	11.06	13.30	12.30	13.13	15.76		13.97
Total	54.11	43.55	40.39	44.15	45.55	42.41	37.24	40.47		40.05
Bitumen ($/BBL)
Consolidated operations	64.95	54.75	56.23	55.29	57.58	36.78	59.67	76.90		59.18
Equity affiliates	60.04	50.85	56.95	47.43	53.39	39.52	55.13	75.93		56.79
Total	60.66	51.38	56.86	48.32	53.91	39.23	55.69	76.06		57.08
Natural Gas ($/MCF)
Consolidated operations
Alaska	4.68	3.93	3.97	4.28	4.22	5.20	4.03	4.09		4.56
Lower 48	2.65	2.10	2.64	3.24	2.67	3.19	3.85	3.39		3.48
Canada	1.98	1.61	2.05	2.92	2.13	2.89	3.28	2.42		2.86
Norway	10.40	9.58	8.47	10.26	9.77	10.69	10.42	11.11		10.75
United Kingdom	9.80	9.49	9.06	10.72	9.76	10.87	10.19	10.12		10.42
Europe	9.98	9.52	8.87	10.56	9.76	10.81	10.26	10.48		10.53
Australia/Timor-Leste*	1.10	1.10	1.18	1.12	1.12	1.10	1.11	1.81		1.35
China	-	2.46	2.44	2.39	2.41	2.50	2.52	2.54		2.52
Indonesia	10.37	12.85	9.94	10.14	10.80	11.57	10.56	11.01		11.04
Vietnam	1.15	-	-	-	1.15	-	-	-		-
AP/ME**	10.40	11.47	10.64	10.15	10.63	11.20	10.62	10.81		10.87
Libya	0.09	0.09	6.77	5.19	5.55	4.86	4.65	5.92		5.20
Other International	0.09	0.09	6.77	5.19	5.55	4.86	4.65	5.92		5.20
Total consolidated operations**	5.20	4.72	4.86	5.50	5.07	5.75	5.88	5.49		5.71
Equity affiliates	8.62	8.98	8.66	7.90	8.54	9.36	8.84	9.35		9.18
Total continuing operations**	5.61	5.25	5.28	5.79	5.48	6.19	6.25	5.99		6.14
Discontinued operations (Nigeria)	2.53	2.51	2.84	2.32	2.57	2.54	2.98	2.58		2.71
Total**	5.49	5.14	5.18	5.69	5.38	6.09	6.15	5.88		6.04
*Excludes transfers to Darwin LNG plant.
**First and second quarter of 2013 have been restated to reflect certain adjustments.

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					2012										2013
	1st Qtr		2nd Qtr		3rd Qtr		4th Qtr		YTD		1st Qtr		2nd Qtr		3rd Qtr		4th Qtr	YTD
CORPORATE AND OTHER
Corporate and Other Earnings (Loss) ($ Millions)	(311	)	(262	)	(254	)	(166	)	(993	)	(162	)	(173	)	(234	)		(569	)
Detail of Earnings (Loss) ($ Millions)
Net interest expense	(161	)	(160	)	(214	)	(113	)	(648	)	(108	)	(127	)	(124	)		(359	)
Corporate G&A expenses	(74	)	(44	)	(128	)	(67	)	(313	)	(27	)	(43	)	(77	)		(147	)
Technology*	(18	)	(22	)	46		(10	)	(4	)	(8	)	41		(26	)		7
Separation costs	(33	)	(40	)	(7	)	(4	)	(84	)	-		-		-			-
Other	(25	)	4		49		28		56		(19	)	(44	)	(7	)		(70	)
Total	(311	)	(262	)	(254	)	(166	)	(993	)	(162	)	(173	)	(234	)		(569	)
* Includes investment in new technologies or businesses outside of our normal scope of operations and is net of licensing revenues.
Before-Tax Net Interest Expense ($ Millions)
Interest expense	(309	)	(315	)	(294	)	(303	)	(1,221	)	(287	)	(303	)	(303	)		(893	)
Capitalized interest	146		145		157		167		615		179		186		172			537
Interest revenue	11		18		7		60		96		10		28		10			48
Premium on early debt retirement	-		-		(79	)	-		(79	)	-		-		-			-
Total	(152	)	(152	)	(209	)	(76	)	(589	)	(98	)	(89	)	(121	)		(308	)
Debt
Total debt ($ Millions)	28,360		23,008		21,117		21,725		21,725		21,670		21,721		21,668			21,668
Debt-to-capital ratio (%)	30	%	33	%	31	%	31	%	31	%	31	%	31	%	30	%		30	%
Equity ($ Millions)	67,057		46,443		47,877		48,427		48,427		49,240		48,932		51,537			51,537

REFERENCE
Commonly Used Abbreviations
Earnings	Net Income (Loss) Attributable to ConocoPhillips
DD&A	Depreciation, Depletion and Amortization
FX	Foreign Currency
G&G	Geological and Geophysical
G&A	General and Administrative
JCC	Japan Crude Cocktail
LNG	Liquefied Natural Gas
NGL	Natural Gas Liquids
R&D	Research and Development
WCS	Western Canada Select
WTI	West Texas Intermediate
Units of Measure
BBL	Barrels
MMBBL	Millions of Barrels
MBD	Thousands of Barrels per Day
MBOED	Thousands of Barrels of Oil Equivalent per Day
MCF	Thousands of Cubic Feet
MMBTU	Millions of British Thermal Units
MMCFD	Millions of Cubic Feet per Day

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