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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues and other income:        
Revenue $ 4,961 $ 1,857 $ 12,294 $ 5,008
Interest and other income (loss), net 2 13 42 (145)
Derivative loss, net (501) (141) (2,024) (41)
Gain on disposition of assets, net 1 2 14 7
Total revenues and other income 4,463 1,731 10,326 4,829
Costs and expenses:        
Production and ad valorem taxes 179 63 445 182
Depletion, depreciation and amortization 704 393 1,825 1,243
Exploration and abandonments 10 16 40 35
General and administrative 72 64 216 180
Accretion of discount on asset retirement obligations 2 2 5 7
Interest 41 34 122 94
Other 34 98 384 273
Total costs and expenses 3,127 1,831 8,571 5,118
Income (loss) before income taxes 1,336 (100) 1,755 (289)
Income tax benefit (provision) (291) 15 (400) 46
Net income (loss) attributable to common stockholders $ 1,045 $ (85) $ 1,355 $ (243)
Net income (loss) per share attributable to common stockholders:        
Basic (usd per share) $ 4.27 $ (0.52) $ 5.88 $ (1.47)
Diluted (usd per share) $ 4.07 $ (0.52) $ 5.60 $ (1.47)
Weighted average shares outstanding:        
Basic weighted average shares outstanding (in shares) 244 165 230 165
Diluted weighted average shares outstanding (in shares) 257 165 242 165
Dividends declared (usd per share) $ 2.07 $ 0.55 $ 3.19 $ 1.65
Oil and gas        
Revenues and other income:        
Revenue $ 3,282 $ 922 $ 7,787 $ 2,617
Costs and expenses:        
Costs and expenses 323 163 890 506
Sales of purchased commodities        
Revenues and other income:        
Revenue 1,679 935 4,507 2,391
Costs and expenses:        
Costs and expenses $ 1,762 $ 998 $ 4,644 $ 2,598