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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Revenues and Other    
Gains (Losses) on Asset Dispositions, Net $ (1) $ 26
Total 5,669 6,123
Operating Expenses    
Lease and Well 401 396
Gathering, Processing and Transportation Costs 440 413
Exploration Costs 41 45
Dry Hole Costs 34 1
Impairments 44 19
Marketing Costs 1,325 1,404
Depreciation, Depletion and Amortization 1,013 1,074
General and Administrative 171 162
Taxes Other Than Income 341 338
Total 3,810 3,852
Operating Income 1,859 2,271
Other Income, Net 65 62
Income Before Interest Expense and Income Taxes 1,924 2,333
Interest Expense, Net 47 33
Income Before Income Taxes 1,877 2,300
Income Tax Provision 414 511
Net Income $ 1,463 $ 1,789
Net Income Per Share    
Basic (in USD per share) $ 2.66 $ 3.11
Diluted (in USD per share) $ 2.65 $ 3.10
Average Number of Common Shares    
Basic (in shares) 550 575
Diluted (in shares) 553 577
Comprehensive Income    
Net Income $ 1,463 $ 1,789
Other Comprehensive Income    
Foreign Currency Translation Adjustments 0 1
Other Comprehensive Income 0 1
Comprehensive Income 1,463 1,790
Crude Oil and Condensate    
Operating Revenues and Other    
Revenue from contract with customer 3,293 3,480
Natural Gas Liquids    
Operating Revenues and Other    
Revenue from contract with customer 572 513
Natural Gas    
Operating Revenues and Other    
Revenue from contract with customer 637 382
Gains (Losses) on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net    
Operating Revenues and Other    
Revenue not from contract with customer (191) 237
Gathering, Processing and Marketing    
Operating Revenues and Other    
Revenue from contract with customer 1,340 1,459
Other, Net    
Operating Revenues and Other    
Revenue not from contract with customer $ 19 $ 26