
	U.S.		Egypt(1)		North Sea		Intersegment Eliminations & Other(2)		Total(3)


For the Quarter Ended June 30, 2025	(In millions)
Revenues:
Oil revenues	$	730	$	521	$	130	$	—	$	1,381
Natural gas revenues	48		109		27		—		184
Natural gas liquids revenues	144		—		9		—		153
Oil, natural gas, and natural gas liquids production revenues	922		630		166		—		1,718
Purchased oil and gas sales	460		—		—		—		460

	1,382		630		166		—		2,178
Operating Expenses:
Lease operating expenses(4)	196		100		71		—		367
Gathering, processing, and transmission(4)	85		7		12		—		104
Purchased oil and gas costs	304		—		—		—		304
Taxes other than income(4)	54		—		—		—		54
Exploration(5)	1		40		—		2		43
Depreciation, depletion, and amortization(4)	328		149		53		—		530
Asset retirement obligation accretion	11		—		28		—		39

	979		296		164		2		1,441
Operating Income (Loss)(6)	$	403	$	334	$	2	$	(2)	737

Other Income (Expense):
Derivative instrument gains, net									138

Gain on divestitures, net									282
Other, net									14
General and administrative									(66)
Transaction, reorganization, and separation									(11)
Financing costs, net									(66)
Income Before Income Taxes									$	1,028


	U.S.		Egypt(1)		North Sea		Intersegment Eliminations & Other(2)		Total(3)


For the Six Months Ended June 30, 2025	(In millions)
Revenues:
Oil revenues	$	1,546	$	1,103	$	332	$	—	$	2,981
Natural gas revenues	152		200		65		—		417
Natural gas liquids revenues	340		—		19		—		359
Oil, natural gas, and natural gas liquids production revenues	2,038		1,303		416		—		3,757
Purchased oil and gas sales	1,057		—		—		—		1,057
	3,095		1,303		416		—		4,814
Operating Expenses:
Lease operating expenses(4)	396		210		168		—		774
Gathering, processing, and transmission(4)	170		12		26		—		208
Purchased oil and gas costs	778		—		—		—		778
Taxes other than income(4)	128		—		—		—		128
Exploration(5)	3		60		1		9		73
Depreciation, depletion, and amortization(4)	747		302		124		—		1,173
Asset retirement obligation accretion	21		—		57		—		78

	2,243		584		376		9		3,212
Operating Income (Loss)(6)	$	852	$	719	$	40	$	(9)	1,602

Other Income (Expense):
Derivative instrument gains, net									110

Gain on divestitures, net									280
Other, net									20
General and administrative									(164)
Transaction, reorganization, and separation									(48)
Financing costs, net									(9)
Income Before Income Taxes									$	1,791

Total Assets(7)	$	12,752	$	3,386	$	1,163	$	777	$	18,078


	U.S.		Egypt(1)		North Sea		Intersegment Eliminations & Other(2)		Total(3)


For the Quarter Ended June 30, 2024	(In millions)
Revenues:
Oil revenues	$	1,021	$	673	$	213	$	—	$	1,907
Natural gas revenues	15		73		47		—		135
Natural gas liquids revenues	152		—		7		—		159
Oil, natural gas, and natural gas liquids production revenues	1,188		746		267		—		2,201
Purchased oil and gas sales	342		—		—		—		342
	1,530		746		267		—		2,543
Operating Expenses:
Lease operating expenses(4)	220		123		117		—		460
Gathering, processing, and transmission(4)	98		7		16		—		121
Purchased oil and gas costs	210		—		—		—		210
Taxes other than income(4)	78		—		—		—		78
Exploration(5)	37		25		1		8		71
Depreciation, depletion, and amortization(4)	361		152		75		—		588
Asset retirement obligation accretion	10		—		26		—		36

	1,014		307		235		8		1,564
Operating Income (Loss)(6)	$	516	$	439	$	32	$	(8)	979

Other Income (Expense):
Derivative instrument losses, net									(3)
Loss on previously sold Gulf of America properties									(17)
Gain on divestitures, net									276
Other, net									(7)
General and administrative									(85)
Transaction, reorganization, and separation									(115)
Financing costs, net									(100)
Income Before Income Taxes									$	928


	U.S.		Egypt(1)		North Sea		Intersegment Eliminations & Other(2)		Total(3)


For the Six Months Ended June 30, 2024	(In millions)
Revenues:
Oil revenues	$	1,609	$	1,330	$	400	$	—	$	3,339
Natural gas revenues	72		150		89		—		311
Natural gas liquids revenues	283		—		16		—		299
Oil, natural gas, and natural gas liquids production revenues	1,964		1,480		505		—		3,949
Purchased oil and gas sales	545		—		—		—		545
	2,509		1,480		505		—		4,494
Operating Expenses:
Lease operating expenses(4)	360		243		195		—		798
Gathering, processing, and transmission(4)	162		13		30		—		205
Purchased oil and gas costs	373		—		—		—		373
Taxes other than income(4)	135		—		—		—		135
Exploration(5)	107		56		1		55		219
Depreciation, depletion, and amortization(4)	575		297		146		—		1,018
Asset retirement obligation accretion	25		—		51		—		76

	1,737		609		423		55		2,824
Operating Income (Loss)(6)	$	772	$	871	$	82	$	(55)	1,670

Other Income (Expense):
Derivative instrument losses, net									(7)
Loss on previously sold Gulf of America properties									(83)
Gain on divestitures, net									283
Other, net									8
General and administrative									(178)
Transaction, reorganization, and separation									(142)
Financing costs, net									(176)
Income Before Income Taxes									$	1,375


Total Assets(7)	$	14,075	$	3,740	$	1,844	$	536	$	20,195

(4)Represents significant segment expense categories that align with the segment-level information that is regularly provided to the CODM. The remaining expenses that comprise the Operating Income (Loss) amount by segment are deemed to be other segment expense categories necessary to arrive at the segment profit or loss.

(6)Operating income includes no leasehold impairments for the second quarters of 2025 and 2024. Operating income includes no leasehold impairments for the first six months of 2025. Operating income of U.S. includes leasehold impairments of $10 million for the first six months of 2024.