| Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
---|
Cash and cash equivalents | 129 | - | 3 |
---|
Accounts receivable, net | 322 | 457 | - |
---|
Accounts receivable – affiliates | 20 | 3 | - |
---|
Derivative Asset, Current | - | 15 | 54 |
---|
Derivative Asset, Current | - | 15 | 54 |
---|
Prepaid expenses | - | - | 40 |
---|
Drilling advances | - | 15 | - |
---|
Other current assets | - | - | 11 |
---|
Prepaid and other current assets | 9 | 27 | - |
---|
Total current assets | 480 | 517 | 616 |
---|
Total current assets | 480 | 517 | 616 |
---|
Proved | 6,044 | 7,114 | 8,574 |
---|
Unproved | 309 | 314 | 283 |
---|
Oil and natural gas properties at cost, successful efforts method | 6,352 | 7,428 | 8,858 |
---|
Property, Plant and Equipment, Other, Gross | 144 | 177 | 199 |
---|
Total property, plant and equipment | 6,497 | 7,605 | 9,056 |
---|
Less: accumulated depreciation, depletion, amortization and impairment | 1,942 | 2,167 | 2,941 |
---|
Property, plant and equipment, net | 4,555 | 5,438 | 6,116 |
---|
Goodwill | 77 | - | - |
---|
Derivative Asset, Noncurrent | 1 | - | 8 |
---|
Derivative Asset, Noncurrent | 1 | - | 8 |
---|
Equity Method Investments | 15 | 15 | 6 |
---|
Equity Method Investments | 15 | 15 | 6 |
---|
Other assets | 30 | 50 | 58 |
---|
Other assets | 30 | 50 | 58 |
---|
TOTAL ASSETS | 5,157 | 6,020 | 6,803 |
---|
TOTAL ASSETS | 5,157 | 6,020 | 6,803 |
---|
Accounts payable and accrued liabilities | 338 | 525 | - |
---|
Accounts payable – affiliates | 9 | 28 | - |
---|
Derivative Liability, Current | 254 | 313 | 42 |
---|
Derivative Liability, Current | 254 | 313 | 42 |
---|
Finance Lease, Liability, Current | 2 | 3 | 4 |
---|
Finance Lease, Liability, Current | 2 | 3 | 4 |
---|
Other current liabilities | 14 | 25 | 38 |
---|
Other current liabilities | 14 | 25 | 38 |
---|
Total current liabilities | 616 | 894 | 750 |
---|
Total current liabilities | 616 | 894 | 750 |
---|
Long-term debt | 1,030 | 1,248 | 1,694 |
---|
Derivative Liability, Noncurrent | 133 | 64 | - |
---|
Asset retirement obligations | 258 | 347 | 418 |
---|
Deferred tax liability | 83 | 147 | 263 |
---|
Finance Lease, Liability, Noncurrent | 4 | 7 | 7 |
---|
Other liabilities | 14 | 14 | 35 |
---|
Total liabilities | 2,138 | 2,721 | 3,168 |
---|
Redeemable noncontrolling interests | 2,325 | 2,437 | 1,901 |
---|
Class A Common Stock | 0 | 0 | 0 |
---|
Class B Common Stock | 0 | 0 | 0 |
---|
Treasury stock, at cost; 1,071,553 and 1,150,991 shares of Class A common stock as of December 31, 2023 and 2022, respectively | - | 18 | 17 |
---|
Additional paid-in capital | 720 | 805 | 1,627 |
---|
Retained earnings | -19 | 62 | 95 |
---|
Noncontrolling interests | 12 | 14 | 30 |
---|
Class A Common Stock | 0 | 0 | 0 |
---|
Class B Common Stock | 0 | 0 | 0 |
---|
Total equity | 695 | 862 | 1,735 |
---|
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | 5,157 | 6,020 | 6,803 |
---|
Cash and cash equivalents | 129 | - | 3 |
---|
Accounts receivable, net | 322 | 457 | - |
---|
Accounts receivable – affiliates | 20 | 3 | - |
---|
Derivative Asset, Current | - | 15 | 54 |
---|
Derivative Asset, Current | - | 15 | 54 |
---|
Prepaid expenses | - | - | 40 |
---|
Drilling advances | - | 15 | - |
---|
Other current assets | - | - | 11 |
---|
Prepaid and other current assets | 9 | 27 | - |
---|
Total current assets | 480 | 517 | 616 |
---|
Total current assets | 480 | 517 | 616 |
---|
Proved | 6,044 | 7,114 | 8,574 |
---|
Unproved | 309 | 314 | 283 |
---|
Oil and natural gas properties at cost, successful efforts method | 6,352 | 7,428 | 8,858 |
---|
Property, Plant and Equipment, Other, Gross | 144 | 177 | 199 |
---|
Total property, plant and equipment | 6,497 | 7,605 | 9,056 |
---|
Less: accumulated depreciation, depletion, amortization and impairment | 1,942 | 2,167 | 2,941 |
---|
Property, plant and equipment, net | 4,555 | 5,438 | 6,116 |
---|
Goodwill | 77 | - | - |
---|
Derivative Asset, Noncurrent | 1 | - | 8 |
---|
Derivative Asset, Noncurrent | 1 | - | 8 |
---|
Equity Method Investments | 15 | 15 | 6 |
---|
Equity Method Investments | 15 | 15 | 6 |
---|
Other assets | 30 | 50 | 58 |
---|
Other assets | 30 | 50 | 58 |
---|
TOTAL ASSETS | 5,157 | 6,020 | 6,803 |
---|
TOTAL ASSETS | 5,157 | 6,020 | 6,803 |
---|
Accounts payable and accrued liabilities | 338 | 525 | - |
---|
Accounts payable – affiliates | 9 | 28 | - |
---|
Derivative Liability, Current | 254 | 313 | 42 |
---|
Derivative Liability, Current | 254 | 313 | 42 |
---|
Finance Lease, Liability, Current | 2 | 3 | 4 |
---|
Finance Lease, Liability, Current | 2 | 3 | 4 |
---|
Other current liabilities | 14 | 25 | 38 |
---|
Other current liabilities | 14 | 25 | 38 |
---|
Total current liabilities | 616 | 894 | 750 |
---|
Total current liabilities | 616 | 894 | 750 |
---|
Long-term debt | 1,030 | 1,248 | 1,694 |
---|
Derivative Liability, Noncurrent | 133 | 64 | - |
---|
Asset retirement obligations | 258 | 347 | 418 |
---|
Deferred tax liability | 83 | 147 | 263 |
---|
Finance Lease, Liability, Noncurrent | 4 | 7 | 7 |
---|
Other liabilities | 14 | 14 | 35 |
---|
Total liabilities | 2,138 | 2,721 | 3,168 |
---|
Redeemable noncontrolling interests | 2,325 | 2,437 | 1,901 |
---|
Class A Common Stock | 0 | 0 | 0 |
---|
Class B Common Stock | 0 | 0 | 0 |
---|
Treasury stock, at cost; 1,071,553 and 1,150,991 shares of Class A common stock as of December 31, 2023 and 2022, respectively | - | 18 | 17 |
---|
Additional paid-in capital | 720 | 805 | 1,627 |
---|
Retained earnings | -19 | 62 | 95 |
---|
Noncontrolling interests | 12 | 14 | 30 |
---|
Class A Common Stock | 0 | 0 | 0 |
---|
Class B Common Stock | 0 | 0 | 0 |
---|
Total equity | 695 | 862 | 1,735 |
---|
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | 5,157 | 6,020 | 6,803 |
---|