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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES    
Oil, natural gas and NGL sales $ 429 $ 715
Net (loss) gain from commodity derivatives (71) 42
Total operating revenues 454 1,024
OPERATING EXPENSES    
Operating costs 176 254
General and administrative expenses 57 65
Depreciation, depletion and amortization 53 58
Asset impairment 0 3
Taxes other than on income 38 42
Exploration expense 1 1
Accretion expense 12 12
Carbon management business expenses 8 5
Other operating expenses, net 37 8
Total operating expenses 464 638
Gain on asset divestitures 6 7
OPERATING (LOSS) INCOME (4) 393
NON-OPERATING (EXPENSES) INCOME    
Interest and debt expense (13) (14)
Loss from investment in unconsolidated subsidiary (3) (2)
Other non-operating income (loss) 1 (1)
(LOSS) INCOME BEFORE INCOME TAXES (19) 376
Income tax benefit (provision) 9 (75)
NET (LOSS) INCOME $ (10) $ 301
Net (loss) income per share    
Basic (in dollars per share) $ (0.14) $ 4.22
Diluted (in dollars per share) $ (0.14) $ 4.09
Weighted-average common shares outstanding    
Basic (in shares) 69.0 71.3
Diluted (in shares) 69.0 73.5
Revenue from marketing of purchased commodities    
REVENUES    
Revenue not from contract with customer $ 74 $ 187
OPERATING EXPENSES    
Costs of sales 54 124
Electricity sales    
REVENUES    
Revenue not from contract with customer 15 68
Interest and other revenue    
REVENUES    
Revenue not from contract with customer 7 12
Electricity generation expenses    
OPERATING EXPENSES    
Costs of sales 8 49
Transportation costs    
OPERATING EXPENSES    
Costs of sales $ 20 $ 17