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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
REVENUES      
Oil, natural gas and NGL sales $ 2,537 $ 2,155 $ 2,643
Net gain (loss) from commodity derivatives 241 (12) (551)
Total operating revenues 3,198 2,801 2,707
OPERATING EXPENSES      
Energy operating costs 966 822 785
General and administrative expenses 321 267 222
Depreciation, depletion and amortization 388 225 198
Asset impairment 14 3 2
Taxes other than on income 242 165 162
Accretion expense 87 46 43
Net loss on natural gas purchase derivatives 30 8 0
Carbon management business expenses 56 37 14
Measurement period adjustments (12) 0 0
Other operating expenses, net 183 58 26
Total operating expenses 2,589 2,025 1,954
Net gain on asset divestitures 11 32 59
OPERATING INCOME 620 808 812
NON-OPERATING (EXPENSES) INCOME      
Interest and debt expense (87) (56) (53)
Loss on early extinguishment of debt (5) (1) 0
Loss from investment in unconsolidated subsidiaries (10) (9) (1)
Other non-operating (loss) income (2) 6 3
INCOME BEFORE INCOME TAXES 516 748 761
Income tax provision (140) (184) (237)
NET INCOME $ 376 $ 564 $ 524
Net income attributable to common stock per share      
Basic (in dollars per share) $ 4.74 $ 8.10 $ 6.94
Diluted (in dollars per share) $ 4.62 $ 7.78 $ 6.75
Weighted-average common shares outstanding      
Basic (in shares) 79.3 69.6 75.5
Diluted (in shares) 81.4 72.5 77.6
Revenue from marketing of purchased commodities      
REVENUES      
Interest and other revenue $ 235 $ 407 $ 331
OPERATING EXPENSES      
Cost of sales 193 224 285
Electricity sales      
REVENUES      
Interest and other revenue 159 211 261
Interest and other revenue      
REVENUES      
Oil, natural gas and NGL sales 3 15 14
Interest and other revenue 26 40 23
Electricity generation expenses      
OPERATING EXPENSES      
Cost of sales 40 103 167
Transportation costs      
OPERATING EXPENSES      
Cost of sales $ 81 $ 67 $ 50