Inventory, Linefill and Long-term Inventory

6 Months Ended

Jun. 30, 2026

Inventory, Linefill and Long-term Inventory

Inventory, linefill and long-term inventory consisted of the following (barrels in thousands and carrying value in millions):


	June 30, 2026						December 31, 2025
	Volumes	Unit of Measure	Carrying Value		Price/ Unit (1)		Volumes	Unit of Measure	Carrying Value		Price/ Unit (1)
Inventory
Crude oil	722	barrels	$	52	$	72.02	2,948	barrels	$	166	$	56.31
NGL	333	barrels	17		$	51.05	562	barrels	27		$	48.04

Other	N/A		15		N/A		N/A		18		N/A
Inventory subtotal			84						211

Linefill
Crude oil	14,975	barrels	891		$	59.50	15,112	barrels	898		$	59.42
NGL	32	barrels	1		$	31.25	33	barrels	2		$	60.61

Linefill subtotal			892						900

Long-term inventory
Crude oil	3,647	barrels	255		$	69.92	3,724	barrels	213		$	57.20
NGL	51	barrels	2		$	39.22	26	barrels	1		$	38.46
Long-term inventory subtotal			257						214

Total			$	1,233					$	1,325

(1)Price per unit of measure is comprised of a weighted average associated with various grades, qualities and locations. Accordingly, these prices may not coincide with any published benchmarks for such products.