Consolidated Income Statement - USD ($) shares in Thousands	3 Months Ended
Mar. 31, 2025	Mar. 31, 2024
Revenues and Other Income
Sales and other operating revenues	$ 16,517,000,000	$ 13,848,000,000
Equity in earnings of affiliates	392,000,000	421,000,000
Gain (loss) on dispositions	79,000,000	93,000,000
Other income	113,000,000	114,000,000
Total Revenues and Other Income	17,101,000,000	14,476,000,000
Costs and Expenses
Purchased commodities	6,188,000,000	5,334,000,000
Production and operating expenses	2,506,000,000	2,015,000,000
Selling, general and administrative expenses	191,000,000	178,000,000
Exploration expenses	117,000,000	112,000,000
Depreciation, depletion and amortization	2,746,000,000	2,211,000,000
Impairments	1,000,000	0
Taxes other than income taxes	551,000,000	555,000,000
Accretion on discounted liabilities	94,000,000	80,000,000
Interest and debt expense	205,000,000	205,000,000
Foreign currency transaction (gain) loss	30,000,000	(18,000,000)
Other expenses	6,000,000	(4,000,000)
Total Costs and Expenses	12,635,000,000	10,668,000,000
Income (loss) before income taxes	4,466,000,000	3,808,000,000
Income tax provision (benefit)	1,617,000,000	1,257,000,000
Net Income (Loss)	$ 2,849,000,000	$ 2,551,000,000
Net Income (Loss) Per Share of Common Stock (dollars)
Basic (in dollars per share)	$ 2.23	$ 2.16
Diluted (in dollars per share)	$ 2.23	$ 2.15
Weighted-Average Common Shares Outstanding (in thousands)
Basic (in shares)	1,273,350	1,177,921
Diluted (in shares)	1,274,879	1,180,320

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense, before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement as well as Interest and debt related expenses associated with nonoperating financing activities of the entity.

No definition available.