Operating metrics disclosed this quarter
Read from the filing itself — XBRL does not carry these, so no standard financial dataset has them.
Commercial LNG Offtake
12.2
Operationally, we remain focused on safely executing the business while also progressing key strategic initiatives. During the second quarter of 2026, we entered into certain commercial LNG agreements, expanding our commercial offtake from 10.2 MTPA to 12.2 MTPA.
Total Average Net Production
2.2K
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Total Average Net Production YTD
2.3K
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Total Production Volume
205
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Total Production Volume YTD
412
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Net Bitumen Production
115
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Net Bitumen Production YTD
117
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Net Crude Oil Production
1.1K
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Net Crude Oil Production YTD
1.1K
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Net Natural Gas Liquids Production
420
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Net Natural Gas Liquids Production YTD
418
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Net Natural Gas Production
3.7K
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Net Natural Gas Production YTD
3.8K
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized Bitumen Price
$61.01
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized Bitumen Price YTD
$55.8
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized Crude Oil Price
$99.4
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized Crude Oil Price YTD
$86.6
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized NGL Price
$24.54
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized NGL Price YTD
$22.51
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized Natural Gas Price
$2.58
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized Natural Gas Price YTD
$3.36
Summary Operating Statistics Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Average Net Production Crude oil (MBD) Consolidated operations 1,092 | | | 1,144 | | | 1,096 | | | 1,149 Equity affiliates 2 | | | 11 | | | 6 | | | 12 Total crude oil 1,094 | | | 1,155 | | | 1,102 | | | 1,161 Natural gas liquids (MBD) Consolidated operations 419 | | | 418 | | | 414 | | | 406 Equity affiliates 1 | | | 6 | | | 4 | | | 7 Total natural gas liquids 420 | | | 424 | | | 418 | | | 413 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) Consolidated operations 2,845 | | | 2,855 | | | 2,834 | | | 2,848 Equity affiliates 865 | | | 1,150 | | | 1,015 | | | 1,190 Total natural gas 3,710 | | | 4,005 | | | 3,848 | | | 4,038 Total Production (MBOED) 2,248 | | | 2,391 | | | 2,278 | | | 2,391 Total Production (MMBOE) 205 | | | 218 | | | 412 | | | 433 Dollars Per Unit Average Sales Prices Crude oil (per BBL) Consolidated operations $ | | 99.47 | | | 64.21 | | | 86.70 | | | 67.92 Equity affiliates 66.95 | | | 65.87 | | | 68.46 | | | 71.15 Total crude oil 99.40 | | | 64.23 | | | 86.60 | | | 67.95 Natural gas liquids (per BBL) Consolidated operations | | 24.43 | | | 20.51 | | | 22.29 | | | 22.60 Equity affiliates 45.20 | | | 48.93 | | | 45.97 | | | 50.72 Total natural gas liquids 24.54 | | | 20.98 | | | 22.51 | | | 23.11 Bitumen (per BBL) 61.01 | | | 39.43 | | | 55.80 | | | 42.30 Natural gas (per MCF) Consolidated operations | | 1.60 | | | 2.99 | | | 2.47 | | | 3.88 Equity affiliates 5.62 | | | 6.91 | | | 5.76 | | | 7.24 Total natural gas $ | | 2.58 | | | 4.16 | | | 3.36 | | | 4.90
Average Realized Price per BOE
$62.33
The following table presents average prices for the second quarter of 2026 compared to the second quarter of 2025. Three Months Ended June 30 Industry Prices | | 2026 | | 2025 | | Change Brent ($ per BBL) | | 104.52 | | 67.82 | | 54 | | % WTI ($ per BBL) | | 92.79 | | 63.74 | | 46 | | % Henry Hub ($ per MMBTU) | | 2.90 | | 3.44 | | (16) | | % Average Realized Prices Crude ($ per BBL) | | 99.40 | | | 64.23 | | | 55 | | % Bitumen ($ per BBL) | | 61.01 | | | 39.43 | | | 55 | | % Gas ($ per MCF) | | 2.58 | | | 4.16 | | | (38) | | % Total ($ per BOE) | | 62.33 | | | 45.77 | | | 36 | | %
Alaska Average Net Production
185
Alaska Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 1,873 | | | 1,315 | | | 3,396 | | | 2,925 Production and operating expenses | | 522 | | | 546 | | | 997 | | | 1,052 Depreciation, depletion and amortization | | 346 | | | 361 | | | 698 | | | 716 Taxes other than income taxes | | 182 | | | 128 | | | 330 | | | 188 Net income (loss) ($MM) $ | | 522 | | | 135 | | | 816 | | | 462 Average Net Production Crude oil (MBD) 169 | | | 182 | | | 172 | | | 183 Natural gas liquids (MBD) 14 | | | 15 | | | 15 | | | 16 Natural gas (MMCFD) 14 | | | 48 | | | 20 | | | 48 Total Production (MBOED) 185 | | | 205 | | | 190 | | | 207 Total Production (MMBOE) 17 | | | 19 | | | 34 | | | 37
Alaska Average Net Production YTD
190
Alaska Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 1,873 | | | 1,315 | | | 3,396 | | | 2,925 Production and operating expenses | | 522 | | | 546 | | | 997 | | | 1,052 Depreciation, depletion and amortization | | 346 | | | 361 | | | 698 | | | 716 Taxes other than income taxes | | 182 | | | 128 | | | 330 | | | 188 Net income (loss) ($MM) $ | | 522 | | | 135 | | | 816 | | | 462 Average Net Production Crude oil (MBD) 169 | | | 182 | | | 172 | | | 183 Natural gas liquids (MBD) 14 | | | 15 | | | 15 | | | 16 Natural gas (MMCFD) 14 | | | 48 | | | 20 | | | 48 Total Production (MBOED) 185 | | | 205 | | | 190 | | | 207 Total Production (MMBOE) 17 | | | 19 | | | 34 | | | 37
Alaska Production Volume
17
Alaska Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 1,873 | | | 1,315 | | | 3,396 | | | 2,925 Production and operating expenses | | 522 | | | 546 | | | 997 | | | 1,052 Depreciation, depletion and amortization | | 346 | | | 361 | | | 698 | | | 716 Taxes other than income taxes | | 182 | | | 128 | | | 330 | | | 188 Net income (loss) ($MM) $ | | 522 | | | 135 | | | 816 | | | 462 Average Net Production Crude oil (MBD) 169 | | | 182 | | | 172 | | | 183 Natural gas liquids (MBD) 14 | | | 15 | | | 15 | | | 16 Natural gas (MMCFD) 14 | | | 48 | | | 20 | | | 48 Total Production (MBOED) 185 | | | 205 | | | 190 | | | 207 Total Production (MMBOE) 17 | | | 19 | | | 34 | | | 37
Alaska Production Volume YTD
34
Alaska Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 1,873 | | | 1,315 | | | 3,396 | | | 2,925 Production and operating expenses | | 522 | | | 546 | | | 997 | | | 1,052 Depreciation, depletion and amortization | | 346 | | | 361 | | | 698 | | | 716 Taxes other than income taxes | | 182 | | | 128 | | | 330 | | | 188 Net income (loss) ($MM) $ | | 522 | | | 135 | | | 816 | | | 462 Average Net Production Crude oil (MBD) 169 | | | 182 | | | 172 | | | 183 Natural gas liquids (MBD) 14 | | | 15 | | | 15 | | | 16 Natural gas (MMCFD) 14 | | | 48 | | | 20 | | | 48 Total Production (MBOED) 185 | | | 205 | | | 190 | | | 207 Total Production (MMBOE) 17 | | | 19 | | | 34 | | | 37
Asia Pacific Consolidated Average Net Production
70
Asia Pacific Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 674 | | | 471 | | | 1,175 | | | 895 Production and operating expenses | | 87 | | | 85 | | | 167 | | | 150 Depreciation, depletion and amortization | | 107 | | | 118 | | | 210 | | | 237 Taxes other than income taxes | | 66 | | | 15 | | | 90 | | | 32 Net income (loss) ($MM) $ | | 389 | | | 330 | | | 684 | | | 641 Consolidated Operations Average Net Production Crude oil (MBD) | | 58 | | | 61 | | | 57 | | | 62 Natural gas (MMCFD) 75 | | | 54 | | | 75 | | | 59 Total Production (MBOED) 70 | | | 70 | | | 69 | | | 72 Total Production (MMBOE) 6 | | | 6 | | | 12 | | | 13 Average Sales Prices Crude oil ($ per BBL) $ | | 108.99 | | | 69.65 | | | 95.58 | | | 72.91 Natural gas ($ per MCF) 3.34 | | | 3.70 | | | 3.34 | | | 3.68 Production and sales prices exclude equity affiliates. See Summary Operating Statistics for equity affiliate totals.
Asia Pacific Consolidated Average Net Production YTD
69
Asia Pacific Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 674 | | | 471 | | | 1,175 | | | 895 Production and operating expenses | | 87 | | | 85 | | | 167 | | | 150 Depreciation, depletion and amortization | | 107 | | | 118 | | | 210 | | | 237 Taxes other than income taxes | | 66 | | | 15 | | | 90 | | | 32 Net income (loss) ($MM) $ | | 389 | | | 330 | | | 684 | | | 641 Consolidated Operations Average Net Production Crude oil (MBD) | | 58 | | | 61 | | | 57 | | | 62 Natural gas (MMCFD) 75 | | | 54 | | | 75 | | | 59 Total Production (MBOED) 70 | | | 70 | | | 69 | | | 72 Total Production (MMBOE) 6 | | | 6 | | | 12 | | | 13 Average Sales Prices Crude oil ($ per BBL) $ | | 108.99 | | | 69.65 | | | 95.58 | | | 72.91 Natural gas ($ per MCF) 3.34 | | | 3.70 | | | 3.34 | | | 3.68 Production and sales prices exclude equity affiliates. See Summary Operating Statistics for equity affiliate totals.
Asia Pacific Consolidated Production Volume
6
Asia Pacific Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 674 | | | 471 | | | 1,175 | | | 895 Production and operating expenses | | 87 | | | 85 | | | 167 | | | 150 Depreciation, depletion and amortization | | 107 | | | 118 | | | 210 | | | 237 Taxes other than income taxes | | 66 | | | 15 | | | 90 | | | 32 Net income (loss) ($MM) $ | | 389 | | | 330 | | | 684 | | | 641 Consolidated Operations Average Net Production Crude oil (MBD) | | 58 | | | 61 | | | 57 | | | 62 Natural gas (MMCFD) 75 | | | 54 | | | 75 | | | 59 Total Production (MBOED) 70 | | | 70 | | | 69 | | | 72 Total Production (MMBOE) 6 | | | 6 | | | 12 | | | 13 Average Sales Prices Crude oil ($ per BBL) $ | | 108.99 | | | 69.65 | | | 95.58 | | | 72.91 Natural gas ($ per MCF) 3.34 | | | 3.70 | | | 3.34 | | | 3.68 Production and sales prices exclude equity affiliates. See Summary Operating Statistics for equity affiliate totals.
Asia Pacific Consolidated Production Volume YTD
12
Asia Pacific Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 674 | | | 471 | | | 1,175 | | | 895 Production and operating expenses | | 87 | | | 85 | | | 167 | | | 150 Depreciation, depletion and amortization | | 107 | | | 118 | | | 210 | | | 237 Taxes other than income taxes | | 66 | | | 15 | | | 90 | | | 32 Net income (loss) ($MM) $ | | 389 | | | 330 | | | 684 | | | 641 Consolidated Operations Average Net Production Crude oil (MBD) | | 58 | | | 61 | | | 57 | | | 62 Natural gas (MMCFD) 75 | | | 54 | | | 75 | | | 59 Total Production (MBOED) 70 | | | 70 | | | 69 | | | 72 Total Production (MMBOE) 6 | | | 6 | | | 12 | | | 13 Average Sales Prices Crude oil ($ per BBL) $ | | 108.99 | | | 69.65 | | | 95.58 | | | 72.91 Natural gas ($ per MCF) 3.34 | | | 3.70 | | | 3.34 | | | 3.68 Production and sales prices exclude equity affiliates. See Summary Operating Statistics for equity affiliate totals.
Canada Average Net Production
152
Canada Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 1,304 | | | 848 | | | 2,321 | | | 1,833 Production and operating expenses | | 290 | | | 216 | | | 479 | | | 417 Depreciation, depletion and amortization | | 133 | | | 143 | | | 285 | | | 274 Taxes other than income taxes | | 7 | | | 5 | | | 17 | | | 14 Net income (loss) ($MM) $ | | 320 | | | 149 | | | 405 | | | 405 Average Net Production Crude oil (MBD) 11 | | | 20 | | | 14 | | | 18 Natural gas liquids (MBD) 6 | | | 6 | | | 6 | | | 6 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) 117 | | | 124 | | | 124 | | | 117 Total Production (MBOED) 152 | | | 191 | | | 158 | | | 187 Total Production (MMBOE) 14 | | | 17 | | | 29 | | | 34
Canada Average Net Production YTD
158
Canada Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 1,304 | | | 848 | | | 2,321 | | | 1,833 Production and operating expenses | | 290 | | | 216 | | | 479 | | | 417 Depreciation, depletion and amortization | | 133 | | | 143 | | | 285 | | | 274 Taxes other than income taxes | | 7 | | | 5 | | | 17 | | | 14 Net income (loss) ($MM) $ | | 320 | | | 149 | | | 405 | | | 405 Average Net Production Crude oil (MBD) 11 | | | 20 | | | 14 | | | 18 Natural gas liquids (MBD) 6 | | | 6 | | | 6 | | | 6 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) 117 | | | 124 | | | 124 | | | 117 Total Production (MBOED) 152 | | | 191 | | | 158 | | | 187 Total Production (MMBOE) 14 | | | 17 | | | 29 | | | 34
Canada Production Volume
14
Canada Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 1,304 | | | 848 | | | 2,321 | | | 1,833 Production and operating expenses | | 290 | | | 216 | | | 479 | | | 417 Depreciation, depletion and amortization | | 133 | | | 143 | | | 285 | | | 274 Taxes other than income taxes | | 7 | | | 5 | | | 17 | | | 14 Net income (loss) ($MM) $ | | 320 | | | 149 | | | 405 | | | 405 Average Net Production Crude oil (MBD) 11 | | | 20 | | | 14 | | | 18 Natural gas liquids (MBD) 6 | | | 6 | | | 6 | | | 6 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) 117 | | | 124 | | | 124 | | | 117 Total Production (MBOED) 152 | | | 191 | | | 158 | | | 187 Total Production (MMBOE) 14 | | | 17 | | | 29 | | | 34
Canada Production Volume YTD
29
Canada Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 1,304 | | | 848 | | | 2,321 | | | 1,833 Production and operating expenses | | 290 | | | 216 | | | 479 | | | 417 Depreciation, depletion and amortization | | 133 | | | 143 | | | 285 | | | 274 Taxes other than income taxes | | 7 | | | 5 | | | 17 | | | 14 Net income (loss) ($MM) $ | | 320 | | | 149 | | | 405 | | | 405 Average Net Production Crude oil (MBD) 11 | | | 20 | | | 14 | | | 18 Natural gas liquids (MBD) 6 | | | 6 | | | 6 | | | 6 Bitumen (MBD) 115 | | | 144 | | | 117 | | | 144 Natural gas (MMCFD) 117 | | | 124 | | | 124 | | | 117 Total Production (MBOED) 152 | | | 191 | | | 158 | | | 187 Total Production (MMBOE) 14 | | | 17 | | | 29 | | | 34
EMENA Consolidated Average Net Production
215
Europe, Middle East and North Africa Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 2,276 | | | 1,400 | | | 3,903 | | | 3,340 Production and operating expenses | | 270 | | | 232 | | | 527 | | | 456 Depreciation, depletion and amortization | | 241 | | | 198 | | | 480 | | | 417 Taxes other than income taxes | | 15 | | | 10 | | | 30 | | | 22 Net income (loss) ($MM) $ | | 346 | | | 237 | | | 611 | | | 656 Consolidated Operations Average Net Production Crude oil (MBD) 122 | | | 120 | | | 121 | | | 129 Natural gas liquids (MBD) 8 | | | 8 | | | 8 | | | 8 Natural gas (MMCFD) 514 | | | 483 | | | 519 | | | 511 Total Production (MBOED) 215 | | | 208 | | | 216 | | | 222 Total Production (MMBOE) 20 | | | 19 | | | 39 | | | 40 Average Sales Prices Crude oil ($ per BBL) $ | | 103.26 | | | 67.48 | | | 91.05 | | | 71.36 Natural gas liquids ($ per BBL) 26.57 | | | 20.24 | | | 24.37 | | | 22.08 Natural gas ($ per MCF) 14.49 | | | 10.21 | | | 13.03 | | | 11.87 Production and sales prices exclude equity affiliates. See Summary Operating Statistics for equity affiliate totals.
EMENA Consolidated Average Net Production YTD
216
Europe, Middle East and North Africa Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 2,276 | | | 1,400 | | | 3,903 | | | 3,340 Production and operating expenses | | 270 | | | 232 | | | 527 | | | 456 Depreciation, depletion and amortization | | 241 | | | 198 | | | 480 | | | 417 Taxes other than income taxes | | 15 | | | 10 | | | 30 | | | 22 Net income (loss) ($MM) $ | | 346 | | | 237 | | | 611 | | | 656 Consolidated Operations Average Net Production Crude oil (MBD) 122 | | | 120 | | | 121 | | | 129 Natural gas liquids (MBD) 8 | | | 8 | | | 8 | | | 8 Natural gas (MMCFD) 514 | | | 483 | | | 519 | | | 511 Total Production (MBOED) 215 | | | 208 | | | 216 | | | 222 Total Production (MMBOE) 20 | | | 19 | | | 39 | | | 40 Average Sales Prices Crude oil ($ per BBL) $ | | 103.26 | | | 67.48 | | | 91.05 | | | 71.36 Natural gas liquids ($ per BBL) 26.57 | | | 20.24 | | | 24.37 | | | 22.08 Natural gas ($ per MCF) 14.49 | | | 10.21 | | | 13.03 | | | 11.87 Production and sales prices exclude equity affiliates. See Summary Operating Statistics for equity affiliate totals.
EMENA Consolidated Production Volume
20
Europe, Middle East and North Africa Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 2,276 | | | 1,400 | | | 3,903 | | | 3,340 Production and operating expenses | | 270 | | | 232 | | | 527 | | | 456 Depreciation, depletion and amortization | | 241 | | | 198 | | | 480 | | | 417 Taxes other than income taxes | | 15 | | | 10 | | | 30 | | | 22 Net income (loss) ($MM) $ | | 346 | | | 237 | | | 611 | | | 656 Consolidated Operations Average Net Production Crude oil (MBD) 122 | | | 120 | | | 121 | | | 129 Natural gas liquids (MBD) 8 | | | 8 | | | 8 | | | 8 Natural gas (MMCFD) 514 | | | 483 | | | 519 | | | 511 Total Production (MBOED) 215 | | | 208 | | | 216 | | | 222 Total Production (MMBOE) 20 | | | 19 | | | 39 | | | 40 Average Sales Prices Crude oil ($ per BBL) $ | | 103.26 | | | 67.48 | | | 91.05 | | | 71.36 Natural gas liquids ($ per BBL) 26.57 | | | 20.24 | | | 24.37 | | | 22.08 Natural gas ($ per MCF) 14.49 | | | 10.21 | | | 13.03 | | | 11.87 Production and sales prices exclude equity affiliates. See Summary Operating Statistics for equity affiliate totals.
EMENA Consolidated Production Volume YTD
39
Europe, Middle East and North Africa Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 2,276 | | | 1,400 | | | 3,903 | | | 3,340 Production and operating expenses | | 270 | | | 232 | | | 527 | | | 456 Depreciation, depletion and amortization | | 241 | | | 198 | | | 480 | | | 417 Taxes other than income taxes | | 15 | | | 10 | | | 30 | | | 22 Net income (loss) ($MM) $ | | 346 | | | 237 | | | 611 | | | 656 Consolidated Operations Average Net Production Crude oil (MBD) 122 | | | 120 | | | 121 | | | 129 Natural gas liquids (MBD) 8 | | | 8 | | | 8 | | | 8 Natural gas (MMCFD) 514 | | | 483 | | | 519 | | | 511 Total Production (MBOED) 215 | | | 208 | | | 216 | | | 222 Total Production (MMBOE) 20 | | | 19 | | | 39 | | | 40 Average Sales Prices Crude oil ($ per BBL) $ | | 103.26 | | | 67.48 | | | 91.05 | | | 71.36 Natural gas liquids ($ per BBL) 26.57 | | | 20.24 | | | 24.37 | | | 22.08 Natural gas ($ per MCF) 14.49 | | | 10.21 | | | 13.03 | | | 11.87 Production and sales prices exclude equity affiliates. See Summary Operating Statistics for equity affiliate totals.
Lower 48 Average Net Production
1.5K
Lower 48 Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 13,028 | | | 9,963 | | | 24,108 | | | 21,511 Production and operating expenses | | 1,276 | | | 1,474 | | | 2,529 | | | 2,965 Depreciation, depletion and amortization | | 2,147 | | | 2,003 | | | 4,198 | | | 3,907 Taxes other than income taxes | | 513 | | | 396 | | | 907 | | | 825 Net income (loss) ($MM) $ | | 2,584 | | | 1,399 | | | 3,987 | | | 3,189 Average Net Production Crude oil (MBD) 732 | | | 761 | | | 732 | | | 757 Natural gas liquids (MBD) 392 | | | 389 | | | 385 | | | 376 Natural gas (MMCFD) 2,126 | | | 2,146 | | | 2,097 | | | 2,113 Total Production (MBOED) 1,479 | | | 1,508 | | | 1,466 | | | 1,485 Total Production (MMBOE) 135 | | | 137 | | | 265 | | | 269
Lower 48 Average Net Production YTD
1.5K
Lower 48 Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 13,028 | | | 9,963 | | | 24,108 | | | 21,511 Production and operating expenses | | 1,276 | | | 1,474 | | | 2,529 | | | 2,965 Depreciation, depletion and amortization | | 2,147 | | | 2,003 | | | 4,198 | | | 3,907 Taxes other than income taxes | | 513 | | | 396 | | | 907 | | | 825 Net income (loss) ($MM) $ | | 2,584 | | | 1,399 | | | 3,987 | | | 3,189 Average Net Production Crude oil (MBD) 732 | | | 761 | | | 732 | | | 757 Natural gas liquids (MBD) 392 | | | 389 | | | 385 | | | 376 Natural gas (MMCFD) 2,126 | | | 2,146 | | | 2,097 | | | 2,113 Total Production (MBOED) 1,479 | | | 1,508 | | | 1,466 | | | 1,485 Total Production (MMBOE) 135 | | | 137 | | | 265 | | | 269
Lower 48 Production Volume
135
Lower 48 Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 13,028 | | | 9,963 | | | 24,108 | | | 21,511 Production and operating expenses | | 1,276 | | | 1,474 | | | 2,529 | | | 2,965 Depreciation, depletion and amortization | | 2,147 | | | 2,003 | | | 4,198 | | | 3,907 Taxes other than income taxes | | 513 | | | 396 | | | 907 | | | 825 Net income (loss) ($MM) $ | | 2,584 | | | 1,399 | | | 3,987 | | | 3,189 Average Net Production Crude oil (MBD) 732 | | | 761 | | | 732 | | | 757 Natural gas liquids (MBD) 392 | | | 389 | | | 385 | | | 376 Natural gas (MMCFD) 2,126 | | | 2,146 | | | 2,097 | | | 2,113 Total Production (MBOED) 1,479 | | | 1,508 | | | 1,466 | | | 1,485 Total Production (MMBOE) 135 | | | 137 | | | 265 | | | 269
Lower 48 Production Volume YTD
265
Lower 48 Three Months Ended June 30 | | Six Months Ended June 30 2026 | | 2025 | | 2026 | | 2025 Select financial data by segment before-tax ($MM) Sales and other operating revenues | | $ | | 13,028 | | | 9,963 | | | 24,108 | | | 21,511 Production and operating expenses | | 1,276 | | | 1,474 | | | 2,529 | | | 2,965 Depreciation, depletion and amortization | | 2,147 | | | 2,003 | | | 4,198 | | | 3,907 Taxes other than income taxes | | 513 | | | 396 | | | 907 | | | 825 Net income (loss) ($MM) $ | | 2,584 | | | 1,399 | | | 3,987 | | | 3,189 Average Net Production Crude oil (MBD) 732 | | | 761 | | | 732 | | | 757 Natural gas liquids (MBD) 392 | | | 389 | | | 385 | | | 376 Natural gas (MMCFD) 2,126 | | | 2,146 | | | 2,097 | | | 2,113 Total Production (MBOED) 1,479 | | | 1,508 | | | 1,466 | | | 1,485 Total Production (MMBOE) 135 | | | 137 | | | 265 | | | 269
Employees Worldwide
9.6K
ConocoPhillips is one of the world’s leading E&P companies based on production and reserves, with operations and activities in 15 countries. Our diverse, low cost of supply portfolio includes resource-rich unconventional plays in North America; conventional assets in North America, Europe, Africa and Asia; global LNG developments; oil sands in Canada; and an inventory of global exploration prospects. Headquartered in Houston, Texas, at June 30, 2026, we employed approximately 9,600 people worldwide and had total assets of $124 billion.