v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Revenues and Other    
Gains (Losses) on Asset Dispositions, Net $ 31 $ (1)
Total 6,921 5,669
Operating Expenses    
Lease and Well 462 401
Gathering, Processing and Transportation Costs 654 440
Exploration Costs 45 41
Dry Hole Costs 23 34
Impairments 39 44
Marketing Costs 1,384 1,325
Depreciation, Depletion and Amortization 1,193 1,013
General and Administrative 185 171
Taxes Other Than Income 338 341
Total 4,323 3,810
Operating Income 2,598 1,859
Other Income, Net 23 65
Income Before Interest Expense and Income Taxes 2,621 1,924
Interest Expense, Net 66 47
Income Before Income Taxes 2,555 1,877
Income Tax Provision 575 414
Net Income $ 1,980 $ 1,463
Net Income Per Share    
Basic (in USD per share) $ 3.72 $ 2.66
Diluted (in USD per share) $ 3.70 $ 2.65
Average Number of Common Shares    
Basic (in shares) 532 550
Diluted (in shares) 535 553
Comprehensive Income    
Net Income $ 1,980 $ 1,463
Other Comprehensive Income    
Foreign Currency Translation Adjustments 1 0
Other Comprehensive Income 1 0
Comprehensive Income 1,981 1,463
Crude Oil and Condensate    
Operating Revenues and Other    
Revenue from contract with customer 3,577 3,293
Natural Gas Liquids    
Operating Revenues and Other    
Revenue from contract with customer 664 572
Natural Gas    
Operating Revenues and Other    
Revenue from contract with customer 1,021 637
Gains (Losses) on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net    
Operating Revenues and Other    
Revenue not from contract with customer 113 (191)
Gathering, Processing and Marketing    
Operating Revenues and Other    
Revenue from contract with customer 1,496 1,340
Other, Net    
Operating Revenues and Other    
Revenue not from contract with customer $ 19 $ 19