XML 15 R2.htm IDEA: XBRL DOCUMENT v3.23.3Close
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Operating Revenues:        
Total operating revenues $ 1,443 $ 4,541 $ 4,830 $ 11,622 Close
Operating Costs and Expenses:        
Operating expenses 444 423 1,280 1,206
General and administrative expenses 46 41 133 120
Merger-related expenses 0 0 0 27
Depreciation, depletion and amortization 338 298 979 861
Taxes, other than income taxes 63 76 189 198
Total operating costs and expense 1,436 2,127 4,274 5,778 Close
Operating Income 7 2,414 556 5,844 Close
Interest Expense:         Close
Interest on debt 61 77 184 218 Close
Other interest charges 3 3 9 10 Close
Interest capitalized (28) (30) (87) (89) Close
Total interest expense 36 50 106 139 Close
Gain (Loss) on Derivatives 93 (1,903) 1,811 (6,709) Close
Loss on Early Extinguishment of Debt 0 0 (19) (6) Close
Other Income (Loss), Net 2 0 1 (1) CloseClose
Total Other Income Expenses 167.0 -1803.0 2005.0 -6438.0 0.0 Close
Income (Loss) Before Income Taxes 66 461 2,243 (1,011) CloseClose
Provision for Income Taxes:        
Current 0 11 0 41
Deferred 21 0 28 0
Total provision (benefit) from income taxes 21 11 28 41 Close
Net Income (Loss) $ 45 $ 450 $ 2,215 $ (1,052) Close
Earnings (Loss) Per Common Share:        
Basic (in dollars per share) $ 0.04 $ 0.41 $ 2.01 $ (0.94)
Diluted (in dollars per share) $ 0.04 $ 0.40 $ 2.01 $ (0.94)
Weighted Average Common Shares Outstanding:        
Basic (in shares) 1,101,231,113 1,110,259,907 1,100,895,642 1,113,705,502
Diluted (in shares) 1,104,027,634 1,112,522,861 1,102,867,675 1,113,705,502
Gas sales        
Operating Revenues:        
Total operating revenues $ 627 $ 2,884 $ 2,323 $ 7,061
Oil sales        
Operating Revenues:        
Total operating revenues 94 100 281 349
NGL sales        
Operating Revenues:        
Total operating revenues 169 260 523 842
Marketing        
Operating Revenues:        
Total operating revenues 553 1,298 1,707 3,371
Other        
Operating Revenues:        
Total operating revenues 0 (1) (4) (1)
Marketing purchases        
Operating Costs and Expenses:        
Marketing purchases $ 545 $ 1,289 $ 1,693 $ 3,366