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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues and other income:        
Revenue $ 6,057 $ 4,961 $ 19,210 $ 12,294
Interest and other income (loss), net (12) 2 57 42
Derivative gain (loss), net 13 (501) (187) (2,024)
Gain on disposition of assets, net 35 1 105 14
Revenues 6,093 4,463 19,185 10,326
Costs and expenses:        
Production and ad valorem taxes 260 179 755 445
Depletion, depreciation and amortization 641 704 1,874 1,825
Exploration and abandonments 8 10 32 40
General and administrative 90 72 252 216
Accretion of discount on asset retirement obligations 4 2 12 5
Interest 30 41 100 122
Other 36 34 118 384
Total costs and expenses 3,599 3,127 11,102 8,571
Income before income taxes 2,494 1,336 8,083 1,755
Income tax provision (510) (291) (1,719) (400)
Net income attributable to common stockholders $ 1,984 $ 1,045 $ 6,364 $ 1,355
Net income per share attributable to common stockholders:        
Basic (usd per share) $ 8.29 $ 4.27 $ 26.36 $ 5.88
Diluted (usd per share) $ 7.93 $ 4.07 $ 25.11 $ 5.60
Weighted average shares outstanding:        
Basic weighted average shares outstanding (in shares) 239 244 241 230
Diluted weighted average shares outstanding (in shares) 250 257 253 242
Dividends declared (usd per share) $ 8.57 $ 2.07 $ 19.73 $ 3.19
Oil and gas        
Revenues and other income:        
Revenue $ 4,224 $ 3,282 $ 12,794 $ 7,787
Costs and expenses:        
Costs and expenses 562 323 1,457 890
Sales of purchased commodities        
Revenues and other income:        
Revenue 1,833 1,679 6,416 4,507
Costs and expenses:        
Costs and expenses $ 1,968 $ 1,762 $ 6,502 $ 4,644