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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues and other:    
Natural gas and oil derivatives $ 172 $ 930
Gains on sales of assets 8 335
Total revenues and other 1,081 3,370
Operating expenses:    
Production 59 131
Gathering, processing and transportation 173 264
Severance and ad valorem taxes 29 69
Exploration 2 7
General and administrative 47 35
Depreciation, depletion and amortization 399 390
Other operating expense, net 17 3
Total operating expenses 1,049 1,550
Income from operations 32 1,820
Other income (expense):    
Interest expense (19) (37)
Other income 20 10
Total other income (expense) 1 (27)
Income before income taxes 33 1,793
Income tax expense 7 404
Net income, basic 26 1,389
Net income, diluted $ 26 $ 1,389
Earnings per common share:    
Basic (in dollars per share) $ 0.20 $ 10.31
Diluted (in dollars per share) $ 0.18 $ 9.60
Weighted average common shares outstanding (in thousands):    
Basic (in shares) 130,893 134,742
Diluted (in shares) 141,752 144,731
Natural gas, oil and NGL    
Revenues and other:    
Revenue $ 589 $ 1,453
Marketing    
Revenues and other:    
Revenue 312 652
Operating expenses:    
Marketing $ 323 $ 651