Q1 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$3.5B-14.0% YoY

Gross Profit

$2.0B58.0% margin

Operating Income

$58M1.7% margin

Net Income

$10M0.3% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

$2.6B

Free Cash Flow

$896M

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$37.6B

Total Liabilities

$16.2B

Stockholders' Equity

$21.5B

Cash & Equivalents

$2.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.5B	$4.0B	-14.0%
Gross Profit	$2.0B	$2.7B	-25.6%
Operating Income	$58M	$877M	-93.4%
Net Income	$10M	$635M	-98.4%

Revenue Segments

Oil and Condensate

$2.1B44%

Gains (Losses) On Mark-To-Market Commodity Derivative Contracts

$1.2B26%

Natural Gas, Gathering, Transportation, Marketing and Processing

$1.0B22%

Natural Gas, Production

$210M4%

Natural Gas Liquids

$161M3%

Other, Net

$21M0%

Gains (Losses) On Asset Dispositions, Net

$16M0%

Geographic Segments

UNITED STATES

$4.7B99%

TRINIDAD AND TOBAGO

$42M1%

Other International

$15M0%