Total production increased to 1,902 MBOED, up from 1,792 MBOED, driven by the Surmont acquisition and new wells online in various regions.

The company invested $2.9 billion in capital expenditures and investments, with over half related to flexible, short-cycle unconventional plays in the Lower 48.

The company invested $0.3 billion in LNG projects, including Port Arthur Liquefaction Holdings, LLC (PALNG), QatarEnergy LNG NFE(4) (NFE4), and QatarEnergy LNG NFS(3) (NFS3).

The company re-invested $2.9 billion into the business and returned $2.2 billion to shareholders through share repurchases and dividends.

The company continues to focus on operating and capital efficiencies in the Lower 48, and ramp up production from recent international project startups.

The company executed a successful first major winter construction season at Willow in Alaska, a key project for future growth.

The company notes that commodity prices are the most significant factor impacting profitability and that these prices are subject to external factors.

The company highlights the impacts associated with geopolitical tensions, conflicts, and supply chain disruptions as factors that could influence world energy markets and commodity prices.

The company acknowledges that it is subject to environmental laws and regulations and faces potential liabilities for environmental remediation, as well as climate change related risks.

The company highlights its diverse, low-cost of supply portfolio, including resource-rich unconventional plays in North America, as a competitive advantage.

The company states that it will continue to play an essential role by executing on its Triple Mandate, which includes responsibly meeting energy transition pathway demand.

The company states that it remains unhedged, which could be a competitive advantage or disadvantage depending on market conditions.

The company reports production increases due to new wells online and improved performance in various regions, indicating operational improvements.

The company reports higher production and operating expenses, driven by higher production volumes and increased activity, which could indicate a need for improved cost management.

The company highlights its focus on operating and capital efficiencies in the Lower 48, suggesting an ongoing effort to improve efficiency.

The company's technology investments include low-carbon and other new technologies, indicating a focus on innovation.

The company licenses its proprietary technology, including the Optimized Cascade® process technology, to customers, which could be a source of revenue and competitive advantage.

The company is evaluating potential investments in emerging energy transition and low-carbon technologies, indicating a forward-looking approach to innovation.

The company returned $2.2 billion to shareholders through share repurchases and dividends, highlighting its commitment to shareholder returns.

The company invested $2.9 billion in capital expenditures and investments, with a focus on flexible, short-cycle unconventional plays in the Lower 48.

The company retired $0.5 billion of debt at maturity, indicating a focus on maintaining a strong balance sheet.

The company has set an ambition to reduce its operational (Scope 1 and 2) emissions to net-zero by 2050, demonstrating a commitment to environmental sustainability.

The company accelerated its GHG intensity reduction target to 50-60 percent by 2030 from a 2016 baseline, showing progress in its environmental goals.

The company is advocating for a well-designed, economy-wide price on carbon and engaging in development of other policies to address end-use emissions, showing a commitment to policy engagement.

The company acknowledges that commodity prices are subject to external factors and that price volatility is a significant risk.

The company notes that global economic health, supply disruptions, and geopolitical risks are key factors influencing world energy markets and commodity prices.

The company states that its strategy is to create value through price cycles by delivering on financial, operational and ESG priorities, indicating an awareness of market fluctuations.