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STATEMENT OF CONSOLIDATED OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Sep. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
REVENUES AND OTHER:        
Derivative instrument losses, net $ (103)   $ (30)  
Gain on divestitures, net 25   3  
Other, net   $ 13   $ 6
Total revenues and other 1,279   1,657  
OPERATING EXPENSES:        
Lease operating expenses 335   365  
Taxes other than income 33   51  
Exploration 57   69  
General and administrative 68   123  
Transaction, reorganization, and separation 27   4  
Depreciation, depletion, and amortization 566   646  
Asset retirement obligation accretion 27   27  
Impairments 4,472   0  
Financing costs, net 103   97  
Total operating expenses 5,845   1,492  
NET INCOME (LOSS) BEFORE INCOME TAXES (4,566)   165  
Current income tax provision 89   186  
Deferred income tax benefit (33)   (19)  
NET LOSS INCLUDING NONCONTROLLING INTERESTS (4,622)   (2)  
NET LOSS ATTRIBUTABLE TO COMMON STOCK $ (4,480)   $ (47)  
NET LOSS PER COMMON SHARE:        
Basic (in USD per share) $ (11.86)   $ (0.12)  
Diluted (in USD per share) $ (11.86)   $ (0.12)  
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:        
Basic (in shares) 378   376  
Diluted (in shares) 378   376  
Altus Preferred Unit limited partners        
OPERATING EXPENSES:        
Net income (loss) attributable to noncontrolling interest $ 18   $ 0  
Noncontrolling interests, Egypt        
OPERATING EXPENSES:        
Net income (loss) attributable to noncontrolling interest (151)   44  
Noncontrolling interests, Altus        
OPERATING EXPENSES:        
Net income (loss) attributable to noncontrolling interest (9)   1  
Oil and gas        
REVENUES AND OTHER:        
Oil and gas production revenues 1,344   1,678  
Oil and gas, excluding purchased        
REVENUES AND OTHER:        
Oil and gas production revenues 1,236   1,654  
OPERATING EXPENSES:        
Cost of oil and gas purchased 71   88  
Oil and gas, purchased        
REVENUES AND OTHER:        
Oil and gas production revenues 108   24  
OPERATING EXPENSES:        
Cost of oil and gas purchased $ 86   $ 22