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Investment in Cenovus Energy

12 Months Ended

Dec. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Investment in Cenovus Energy

Note 5—Investment in Cenovus Energy

In 2022, we sold our remaining 91 million shares of Cenovus Energy (CVE), recognizing proceeds of $1.4 billion and a net gain of $251 million. All gains and losses were recognized within "Other income" on our consolidated income statement. Proceeds related to the sale of our CVE shares were included within "Cash Flows from Investing Activities" on our consolidated statement of cash flows.

			Millions of Dollars
			2023			2022			2021
Total Net gain on equity securities						251			1,040
Less: Net gain on equity securities sold during the period						251			473
Unrealized gain on equity securities still held at the reporting date			$						567

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The entire disclosure for investments in certain debt and equity securities.

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