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Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Cash and cash equivalents $ 161 $ 582
Oil and natural gas sales, net 1,387 654
Oil and natural gas properties, amortization excluded 22,666 8,659
Oil and natural gas properties, full cost method gross 82,240 42,430
Accumulated depreciation, amortization, accretion and impairment 19,208 16,429
Deferred income taxes, net 173 45
Long-term debt $ 12,075 $ 6,641
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 800,000,000 800,000,000
Common stock, shares issued (in shares) 290,984,373 178,723,871
Common stock, shares outstanding (in shares) 290,984,373 178,723,871
Variable Interest Entity, Primary Beneficiary    
Cash and cash equivalents $ 27 $ 26
Oil and natural gas sales, net 149 109
Oil and natural gas properties, amortization excluded 2,180 1,769
Oil and natural gas properties, full cost method gross 5,713 4,629
Accumulated depreciation, amortization, accretion and impairment 1,081 866
Deferred income taxes, net 185 57
Long-term debt $ 1,083 $ 1,083