Quarterly
Annual
| Unit: USD | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-01-12 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||
current assets: | ||||||||||||||||||
cash and cash equivalents | 451,000,000 | 240,000,000 | 98,000,000 | 91,000,000 | 1,192,000,000 | 1,032,000,000 | 1,316,000,000 | 2,579,000,000 | 2,385,000,000 | 3,847,000,000 | 118,000,000 | |||||||
accounts receivable | 1,822,000,000 | 1,590,000,000 | 1,850,000,000 | 1,513,000,000 | 1,392,000,000 | 1,853,000,000 | 1,938,000,000 | 2,344,000,000 | 2,397,000,000 | 1,685,000,000 | 252,000,000 | |||||||
inventories | 491,000,000 | 476,000,000 | 496,000,000 | 448,000,000 | 487,000,000 | 424,000,000 | 420,000,000 | 606,000,000 | 493,000,000 | 369,000,000 | ||||||||
investment in affiliate | 134,000,000 | 139,000,000 | 176,000,000 | 137,000,000 | 119,000,000 | 172,000,000 | 134,000,000 | 167,000,000 | 231,000,000 | 135,000,000 | 67,000,000 | 85,000,000 | 42,000,000 | 151,000,000 | ||||
prepaids and other | 132,000,000 | 160,000,000 | 165,000,000 | 153,000,000 | ||||||||||||||
total current assets | 3,030,000,000 | 2,605,000,000 | 2,785,000,000 | 2,342,000,000 | 3,471,000,000 | 3,726,000,000 | 4,283,000,000 | 6,321,000,000 | 6,249,000,000 | 6,173,000,000 | ||||||||
oil and gas properties, using the successful efforts method of accounting: | ||||||||||||||||||
proved properties | 44,480,000,000 | 43,387,000,000 | 42,163,000,000 | 41,041,000,000 | 39,849,000,000 | 38,465,000,000 | 37,217,000,000 | 36,171,000,000 | 35,272,000,000 | 34,454,000,000 | 5,110,000,000 | |||||||
unproved properties | 5,771,000,000 | 5,785,000,000 | 5,861,000,000 | 5,883,000,000 | 5,861,000,000 | 6,008,000,000 | 5,943,000,000 | 5,948,000,000 | 5,924,000,000 | 6,063,000,000 | 5,622,000,000 | |||||||
accumulated depletion, depreciation and amortization | -18,397,000,000 | -17,639,000,000 | -16,876,000,000 | -16,174,000,000 | -15,492,000,000 | -14,843,000,000 | -14,199,000,000 | -13,571,000,000 | -12,971,000,000 | -12,335,000,000 | ||||||||
total oil and gas properties | 31,854,000,000 | 31,533,000,000 | 31,148,000,000 | 30,750,000,000 | 30,218,000,000 | 29,630,000,000 | 28,961,000,000 | 28,548,000,000 | 28,225,000,000 | 28,182,000,000 | ||||||||
other property and equipment | 1,659,000,000 | 1,656,000,000 | 1,639,000,000 | 1,624,000,000 | 1,640,000,000 | 1,658,000,000 | 1,668,000,000 | 1,679,000,000 | 1,692,000,000 | 1,694,000,000 | 117,000,000 | |||||||
operating lease right-of-use assets | 543,000,000 | 398,000,000 | 376,000,000 | 366,000,000 | 367,000,000 | 340,000,000 | 360,000,000 | 330,000,000 | 320,000,000 | 348,000,000 | 201,000,000 | |||||||
goodwill | 242,000,000 | 242,000,000 | 242,000,000 | 242,000,000 | 242,000,000 | 243,000,000 | 243,000,000 | 243,000,000 | 243,000,000 | 243,000,000 | ||||||||
other assets | 186,000,000 | 179,000,000 | 170,000,000 | 170,000,000 | 171,000,000 | 143,000,000 | 231,000,000 | 180,000,000 | 131,000,000 | 171,000,000 | 22,000,000 | |||||||
liabilities and equity | ||||||||||||||||||
current liabilities: | ||||||||||||||||||
accounts payable: | ||||||||||||||||||
trade | 2,498,000,000 | 2,414,000,000 | 2,577,000,000 | 2,298,000,000 | 2,265,000,000 | 2,487,000,000 | 2,328,000,000 | 2,549,000,000 | 2,608,000,000 | 2,380,000,000 | ||||||||
due to affiliates | 55,000,000 | 35,000,000 | 93,000,000 | 82,000,000 | 81,000,000 | 150,000,000 | 151,000,000 | 141,000,000 | 116,000,000 | 179,000,000 | ||||||||
interest payable | 16,000,000 | 48,000,000 | 16,000,000 | 48,000,000 | 17,000,000 | 33,000,000 | 21,000,000 | 40,000,000 | 23,000,000 | 53,000,000 | 49,000,000 | |||||||
income taxes payable | 230,000,000 | 40,000,000 | 43,000,000 | 25,000,000 | 287,000,000 | 63,000,000 | 45,000,000 | 37,000,000 | 62,000,000 | 45,000,000 | ||||||||
current portion of debt | 11,000,000 | 28,000,000 | 44,000,000 | 311,000,000 | ||||||||||||||
derivatives | 113,000,000 | 53,000,000 | 158,000,000 | 72,000,000 | 78,000,000 | 44,000,000 | 304,000,000 | 513,000,000 | 556,000,000 | 538,000,000 | 8,000,000 | |||||||
operating leases | 259,000,000 | 175,000,000 | 156,000,000 | 145,000,000 | 138,000,000 | 125,000,000 | 128,000,000 | 123,000,000 | 113,000,000 | 121,000,000 | 201,000,000 | |||||||
other | 170,000,000 | 181,000,000 | 196,000,000 | 218,000,000 | 117,000,000 | 81,000,000 | 97,000,000 | 113,000,000 | 94,000,000 | 42,000,000 | ||||||||
total current liabilities | 3,352,000,000 | 2,974,000,000 | 3,283,000,000 | 3,199,000,000 | 3,935,000,000 | 3,887,000,000 | 4,170,000,000 | 4,749,000,000 | 4,056,000,000 | 4,073,000,000 | ||||||||
long-term debt | 4,750,000,000 | 4,807,000,000 | 4,880,000,000 | 5,010,000,000 | 5,094,000,000 | 4,125,000,000 | 4,228,000,000 | 4,576,000,000 | 5,446,000,000 | 6,688,000,000 | 3,238,000,000 | |||||||
deferred income taxes | 4,478,000,000 | 4,402,000,000 | 4,231,000,000 | 4,102,000,000 | 3,984,000,000 | 3,867,000,000 | 3,301,000,000 | 3,089,000,000 | 2,571,000,000 | 2,038,000,000 | 127,000,000 | |||||||
other liabilities | 916,000,000 | 935,000,000 | 850,000,000 | 855,000,000 | 908,000,000 | 988,000,000 | 851,000,000 | 875,000,000 | 896,000,000 | 907,000,000 | 300,000,000 | |||||||
equity: | ||||||||||||||||||
common shares, .01 par value; 500,000,000 shares authorized; 245,640,802 and 245,594,927 shares issued as of march 31, 2024 and december 31, 2023, respectively | 2,000,000 | |||||||||||||||||
additional paid-in capital | 18,436,000,000 | 18,506,000,000 | 18,506,000,000 | 18,658,000,000 | 18,688,000,000 | 18,779,000,000 | 18,911,000,000 | 19,180,000,000 | 19,142,000,000 | 19,123,000,000 | ||||||||
treasury shares, at cost; 11,983,632 and 11,971,806 shares as of march 31, 2024 and december 31, 2023, respectively | -2,620,000,000 | |||||||||||||||||
retained earnings | 7,772,000,000 | 7,280,000,000 | 6,783,000,000 | 5,911,000,000 | 5,593,000,000 | 5,685,000,000 | 5,561,000,000 | 5,630,000,000 | 5,047,000,000 | 3,960,000,000 | ||||||||
total equity | 23,590,000,000 | 23,171,000,000 | 22,719,000,000 | 22,000,000,000 | 21,838,000,000 | 22,541,000,000 | 22,949,000,000 | 23,790,000,000 | 23,668,000,000 | 22,837,000,000 | ||||||||
commitments and contingencies | ||||||||||||||||||
common shares, .01 par value; 500,000,000 shares authorized; 245,594,927 and 244,703,342 shares issued as of december 31, 2023 and december 31, 2022, respectively | 2,000,000 | |||||||||||||||||
treasury shares, at cost; 11,971,806 and 8,667,824 shares as of december 31, 2023 and december 31, 2022, respectively | -2,617,000,000 | |||||||||||||||||
common shares, .01 par value; 500,000,000 shares authorized; 245,080,115 and 244,703,342 shares issued as of september 30, 2023 and december 31, 2022, respectively | 2,000,000 | |||||||||||||||||
treasury shares, at cost; 11,771,231 and 8,667,824 shares as of september 30, 2023 and december 31, 2022, respectively | -2,572,000,000 | |||||||||||||||||
common stock | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | |||||||||||
treasury stock | -2,571,000,000 | -2,445,000,000 | -1,925,000,000 | -1,525,000,000 | -1,022,000,000 | -523,000,000 | -248,000,000 | |||||||||||
income taxes receivable | 164,000,000 | 164,000,000 | ||||||||||||||||
current portion of long-term debt | 814,000,000 | 779,000,000 | 986,000,000 | 1,117,000,000 | 244,000,000 | 244,000,000 | ||||||||||||
restricted cash | 6,000,000 | 6,000,000 | 9,000,000 | 37,000,000 | ||||||||||||||
short-term investments | 372,000,000 | 506,000,000 | 640,000,000 | |||||||||||||||
short-term investment | 58,000,000 | |||||||||||||||||
total assets acquired | 11,450,000,000 | |||||||||||||||||
accounts payable | 335,000,000 | |||||||||||||||||
total liabilities assumed | 4,567,000,000 | |||||||||||||||||
net assets acquired | 6,883,000,000 | |||||||||||||||||
revenues and other income | 3,465,000,000 | |||||||||||||||||
net income | 394,000,000 | |||||||||||||||||
land and buildings | 849,000,000 | |||||||||||||||||
water infrastructure | 414,000,000 | |||||||||||||||||
construction-in-progress and capitalized interest | 174,000,000 | |||||||||||||||||
information technology | 71,000,000 | |||||||||||||||||
transport and field equipment | 34,000,000 | |||||||||||||||||
furniture and fixtures | 27,000,000 | |||||||||||||||||
sand reserves | 15,000,000 | |||||||||||||||||
total other property and equipment | 1,584,000,000 | |||||||||||||||||
beginning employee-related obligations | 6,000,000 | |||||||||||||||||
additions | 79,000,000 | |||||||||||||||||
less: | ||||||||||||||||||
noncash stock-based compensation | 4,000,000 | |||||||||||||||||
cash payments | 78,000,000 | |||||||||||||||||
ending employee-related obligations | 3,000,000 | |||||||||||||||||
assets: | ||||||||||||||||||
commodity price derivatives | ||||||||||||||||||
deferred compensation plan assets | 68,000,000 | 64,000,000 | 64,000,000 | 83,000,000 | 89,000,000 | |||||||||||||
total assets | 13,549,000,000 | 149,102,000,000 | 106,457,000,000 | 234,224,000,000 | 89,377,000,000 | |||||||||||||
liabilities: | ||||||||||||||||||
contingent consideration | ||||||||||||||||||
• | ||||||||||||||||||
commodity derivatives | ||||||||||||||||||
total liabilities |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.