XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating Revenues and Other        
Gains (Losses) on Asset Dispositions, Net $ (18) $ (7) $ (19) $ 39
Total 5,847 5,965 16,994 18,113
Operating Expenses        
Lease and Well 431 392 1,228 1,178
Gathering, Processing and Transportation Costs 587 445 1,482 1,281
Exploration Costs 71 43 186 122
Dry Hole Costs 0 0 45 6
Impairments 71 15 154 115
Marketing Costs 1,134 1,500 3,675 4,394
Depreciation, Depletion and Amortization 1,169 1,031 3,235 3,089
General and Administrative 239 167 596 480
Taxes Other Than Income 309 283 951 958
Total 4,011 3,876 11,552 11,623
Operating Income 1,836 2,089 5,442 6,490
Other Income, Net 59 76 179 204
Income Before Interest Expense and Income Taxes 1,895 2,165 5,621 6,694
Interest Expense, Net 71 31 169 100
Income Before Income Taxes 1,824 2,134 5,452 6,594
Income Tax Provision 353 461 1,173 1,442
Net Income $ 1,471 $ 1,673 $ 4,279 $ 5,152
Net Income Per Share        
Basic (in USD per share) $ 2.72 $ 2.97 $ 7.85 $ 9.05
Diluted (in USD per share) $ 2.70 $ 2.95 $ 7.81 $ 8.99
Average Number of Common Shares        
Basic (in shares) 541 564 545 569
Diluted (in shares) 544 568 548 573
Comprehensive Income        
Net Income $ 1,471 $ 1,673 $ 4,279 $ 5,152
Other Comprehensive Income (Loss)        
Foreign Currency Translation Adjustments 2 (1) (1) 0
Other Comprehensive Income (Loss) 2 (1) (1) 0
Comprehensive Income 1,473 1,672 4,278 5,152
Crude Oil and Condensate        
Operating Revenues and Other        
Revenue from contract with customer 3,243 3,488 9,510 10,660
Natural Gas Liquids        
Operating Revenues and Other        
Revenue from contract with customer 604 524 1,710 1,552
Natural Gas        
Operating Revenues and Other        
Revenue from contract with customer 707 372 1,944 1,057
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net        
Operating Revenues and Other        
Revenue not from contract with customer 116 79 32 269
Gathering, Processing and Marketing        
Operating Revenues and Other        
Revenue from contract with customer 1,178 1,481 3,765 4,459
Other, Net        
Operating Revenues and Other        
Revenue not from contract with customer $ 17 $ 28 $ 52 $ 77