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Consolidated Income Statement - USD ($)
shares in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues and Other Income      
Sales and other operating revenues $ 54,745,000,000 $ 56,141,000,000 $ 78,494,000,000
Equity in earnings of affiliates 1,705,000,000 1,720,000,000 2,081,000,000
Gain (loss) on dispositions 51,000,000 228,000,000 1,077,000,000
Other income 452,000,000 485,000,000 504,000,000
Total Revenues and Other Income 56,953,000,000 58,574,000,000 82,156,000,000
Costs and Expenses      
Purchased commodities 20,012,000,000 21,975,000,000 33,971,000,000
Production and operating expenses 8,751,000,000 7,693,000,000 7,006,000,000
Selling, general and administrative expenses 1,158,000,000 705,000,000 623,000,000
Exploration expenses 355,000,000 398,000,000 564,000,000
Depreciation, depletion and amortization 9,599,000,000 8,270,000,000 7,504,000,000
Impairments 80,000,000 14,000,000 (12,000,000)
Taxes other than income taxes 2,087,000,000 2,074,000,000 3,364,000,000
Accretion on discounted liabilities 325,000,000 283,000,000 250,000,000
Interest and debt expense 783,000,000 780,000,000 805,000,000
Foreign currency transaction (gain) loss (50,000,000) 92,000,000 (100,000,000)
Other expenses 181,000,000 2,000,000 (47,000,000)
Total Costs and Expenses 43,281,000,000 42,286,000,000 53,928,000,000
Income (loss) before income taxes 13,672,000,000 16,288,000,000 28,228,000,000
Income tax provision (benefit) 4,427,000,000 5,331,000,000 9,548,000,000
Net Income (Loss) $ 9,245,000,000 $ 10,957,000,000 $ 18,680,000,000
Net Income (Loss) Per Share of Common Stock (dollars)      
Basic (in dollars per share) $ 7.82 $ 9.08 $ 14.62
Diluted (in dollars per share) $ 7.81 $ 9.06 $ 14.57
Average Common Shares Outstanding (in thousands)      
Basic (in shares) 1,178,920 1,202,757 1,274,028
Diluted (in shares) 1,180,871 1,205,675 1,278,163