Reportable Segments - Schedule of Reconciliations of Net Earnings to EBITDAX and Field-Level Cash Margin (Details) - USD ($) $ in Millions |
3 Months Ended | 6 Months Ended | |||||
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Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
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Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | |||||||
Total revenues | $ 4,284 | $ 3,917 | $ 8,736 | $ 7,513 | |||
LOE | 483 | 383 | 962 | 763 | |||
Gathering, processing & transportation | 219 | 197 | 423 | 377 | |||
Production and property taxes | 197 | 208 | 426 | 399 | |||
Total significant expenses | 899 | 788 | 1,811 | 1,539 | |||
DD&A | 914 | 768 | 1,826 | 1,490 | |||
G&A | 113 | 114 | 243 | 228 | |||
Financing costs, net | 116 | 76 | 239 | 152 | |||
Income tax expense | 244 | 185 | 381 | 344 | |||
Other segment items | [1] | (276) | 23 | 17 | 55 | ||
Total expenses | 3,367 | 3,062 | 7,310 | 6,049 | |||
Net earnings | 917 | 855 | 1,426 | 1,464 | |||
Total assets | 31,390 | 25,162 | 31,390 | 25,162 | $ 30,489 | ||
Capital expenditures, including acquisitions | 948 | 971 | 1,920 | 1,916 | |||
Marketing and Midstream Expenses [Member] | |||||||
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | |||||||
Marketing and midstream expenses | $ 1,357 | $ 1,108 | $ 2,793 | $ 2,241 | |||
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- Definition Capital Expenditures, Including Acquisitions No definition available.
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X | ||||||||||
- Definition Gathering, Processing and Transportation Expenses No definition available.
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X | ||||||||||
- Definition Level Of Effort (LOE) No definition available.
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- Definition Significant Expenses No definition available.
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition A tax assessed on oil and gas production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of other expense (income) and loss (gain) calculated as difference between segment revenue and separately disclosed expense category to arrive at segment profit (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Details
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