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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (in millions) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flows from operating activities:    
Net income $ 829 $ 539
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on divestiture activity (260) 0
Depletion, depreciation, and amortization 1,614 888
Stock-based compensation expense 50 21
Net derivative (gain) loss 1,109 (107)
Net derivative settlement gain (loss) (457) 86
Amortization of deferred financing costs and debt premiums, net (16) 8
Deferred income tax expense 224 145
Other, net (18) (7)
Net change in working capital (210) (15)
Net cash provided by operating activities 2,865 1,559
Cash flows from investing activities:    
Net proceeds from the sale of oil and gas properties 889 0
Capital expenditures (2,020) (1,222)
Acquisition of business, net of cash acquired (49) 0
Other (51) (22)
Net cash used in investing activities (1,231) (1,244)
Cash flows from financing activities:    
Proceeds from revolving credit facility 720 1,570
Repayment of revolving credit facility (720) (1,638)
Net proceeds from Senior Notes 984 0
Cash paid to repurchase Senior Notes (2,160) 0
Repurchase of common stock 166 13
Dividends paid (187) (69)
Other, net (31) (3)
Net cash used in financing activities (1,560) (153)
Net change in cash, cash equivalents, and restricted cash 74 162
Cash, cash equivalents, and restricted cash at beginning of period 368 0
Cash, cash equivalents, and restricted cash at end of period 442 162
Supplemental Cash Flow Information - Operating activities:    
Operating activities: Cash paid for interest, net of capitalized interest (331) (165)
Operating activities: Net cash paid for income taxes (30) (6)
Supplemental Cash Flow Information - Investing activities:    
Investing activities: Changes in capital expenditure accruals $ 116 $ (70)