Q3 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$6.1B-19.5% YoY

Gross Profit

$4.4B72.6% margin

Operating Income

$2.6B41.8% margin

Net Income

$2.0B33.2% margin

EPS (Diluted)

$3.48

QoQ Revenue Growth

+12.0%

Cash Flow

Operating Cash Flow

$2.7B

Free Cash Flow

$1.2B

Stock-Based Comp.

$57M

Balance Sheet

Total Assets

$43.6B

Total Liabilities

$15.9B

Stockholders' Equity

$27.8B

Cash & Equivalents

$5.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.1B	$7.6B	-19.5%
Gross Profit	$4.4B	$6.2B	-28.3%
Operating Income	$2.6B	$3.7B	-30.2%
Net Income	$2.0B	$2.9B	-28.9%

Revenue Segments

Oil and Condensate

$3.7B60%

Natural Gas, Gathering, Transportation, Marketing and Processing

$1.5B24%

Natural Gas Liquids

$501M8%

Natural Gas, Production

$417M7%

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

$43M1%

Gains (Losses) On Asset Dispositions, Net

$35M1%

Other, Net

$21M0%

Geographic Segments

UNITED STATES

$6.2B99%

TRINIDAD AND TOBAGO

$48M1%