Q2 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$4.5B+1.9% YoY

Gross Profit

$3.1B68.4% margin

Operating Income

$1.1B25.2% margin

Net Income

$848M18.9% margin

EPS (Diluted)

$1.46

QoQ Revenue Growth

+11.1%

Cash Flow

Operating Cash Flow

$2.7B

Free Cash Flow

$1.1B

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$35.8B

Total Liabilities

$15.1B

Stockholders' Equity

$20.6B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$4.4B	+1.9%
Gross Profit	$3.1B	$3.1B	-1.9%
Operating Income	$1.1B	$965M	+17.2%
Net Income	$848M	$697M	+21.7%

Revenue Segments

Oil and Condensate

$2.5B54%

Natural Gas, Gathering, Transportation, Marketing and Processing

$1.5B32%

Natural Gas, Production

$270M6%

Natural Gas Liquids

$186M4%

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

$177M4%

Other, Net

$26M1%

Gains (Losses) On Asset Dispositions, Net

$8M0%

Geographic Segments

UNITED STATES

$4.6B98%

TRINIDAD AND TOBAGO

$71M2%

Other International

$15M0%