1) Free cash flow is a non-GAAP financial measure; see supplemental slides.
1) Represents impairment expense to adjust the carrying values of an unoccupied field office in South Texas and certain operating lease right-of-use assets to their estimated fair values. 2) Represents a realized net derivative loss on…
1) As of 12/31/2022. 2) As of 12/31/2022, the convertible bonds can be settled in cash or shares (10 MM shares) if the stock price is greater than 97.25. Capped calls provide dilution protection up to 138.40 per share (over time the…
1) Reflects 2022 SEC pricing (12-month NYMEX average) of 93.67/BBL for oil and 6.36/MMBTU for gas as compared to 2021 SEC pricing of 66.56/BBL for oil and 3.60/MMBTU for gas. 2) Excludes acquisitions (0.4 MMBOE) and…
1) EBITDAX represents earnings before depletion, depreciation and amortization expense; exploration and abandonments; accretion of discount on asset retirement obligations; interest expense; income taxes; net gain on the disposition of…
1) Represents impairment expense to adjust the carrying values of an unoccupied field office in South Texas and certain operating lease right-of-use assets to their estimated fair values. 2) Represents a realized net derivative loss on…