Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Selected Financial Information by Reportable Segment

Financial information by reportable segment is presented below as of and for the three-month periods ended March 31, 2026 and 2025 (in millions):



			United States						Trinidad						Other International						Total
Three Months Ended March 31, 2026
Crude Oil and Condensate			$	3,564					$	12					$	1					$	3,577
NGLs			664						—						—						664
Natural Gas			934						84						3						1,021
Gains on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net			113						—						—						113
Gathering, Processing and Marketing			1,493						3						—						1,496
Gains on Asset Dispositions, Net			31						—						—						31
Other, Net			19						—						—						19
Operating Revenues and Other			6,818						99						4						6,921
Lease and Well			446						10						6
Gathering, Processing and Transportation Costs			653						1						—
Marketing Costs			1,384						—						—
Depreciation, Depletion and Amortization			1,152						41						—
General and Administrative			175						3						7
Taxes Other Than Income			335						2						1
Other Segment Items (1)			96						2						9
Operating Income (Loss)			2,577						40						(19)						2,598
Interest Income																					31
Other Expense																					(8)
Interest Expense, Net																					(66)
Income Before Income Taxes																					$	2,555

Other Segment Disclosures:
Additions to Oil and Gas Properties, Excluding Dry Hole Costs			1,431						40						49						1,520
Total Property, Plant and Equipment, Net			41,977						543						154						42,674
Total Assets			51,774						1,201						403						53,378
Interest Expense, Net			66						—						—						66
Interest Income			28						2						1						31



			United States						Trinidad						Other International						Total
Three Months Ended March 31, 2025
Crude Oil and Condensate			$	3,286					$	7					$	—					$	3,293
Natural Gas Liquids			572						—						—						572
Natural Gas			554						83						—						637
Losses on Mark-to-Market Financial Commodity and Other Derivative Contracts, Net			(191)						—						—						(191)
Gathering, Processing and Marketing			1,340						—						—						1,340
Gains (Losses) on Asset Dispositions, Net			3						—						(4)						(1)
Other, Net			19						—						—						19
Operating Revenues and Other			5,583						90						(4)						5,669
Lease and Well			385						14						2
Gathering, Processing and Transportation Costs			440						—						—
Marketing Costs			1,325						—						—
Depreciation, Depletion and Amortization			963						50						—
General and Administrative			162						4						5
Taxes Other Than Income			340						1						—
Other Segment Items (1)			82						33						4
Operating Income (Loss)			1,886						(12)						(15)						1,859
Interest Income																					68
Other Expense																					(3)
Interest Expense, Net																					(47)
Income Before Income Taxes																					$	1,877

Other Segment Disclosures:
Additions to Oil and Gas Properties, Excluding Dry Hole Costs			1,358						(2)						—						1,356
Total Property, Plant and Equipment, Net			34,156						450						26						34,632
Total Assets			45,652						1,133						197						46,982
Interest Expense, Net			47						—						—						47
Interest Income			64						3						1						68

(1)Other Segment Items include Exploration Costs, Dry Hole Costs and Impairments. Other Segment Items primarily relate to impairments, exploration and dry hole costs in the United States, and exploration costs in Other International and Trinidad for the three-month period ended March 31, 2026. Other Segment Items primarily relate to impairments and exploration costs in the United States, dry hole costs in Trinidad and exploration costs in Other International for the three-month period ended March 31, 2025.