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Diversified E&Ps' 2022 4Q Results

(Note: Each column is sortable by clicking once or twice on the column title. For example, clicking on "Revenue" will rank the companies either low-to-high or high-to-low.)

4th Quarter 2022 ($in Millions)

Company Ticker Revenue Lifting Costs Production Costs Prod. Taxes DD&A Impair. Explor. Pre-tax income Cash flow
APA Corp. APA $2,073 $508 $470 $38 $339 $0 $112 $1,114 $1,565
Civitas Resources CIVI $814 $201 $130 $71 $215 $0 $1 $398 $613
ConocoPhillips COP $9,823 $2,572 $1,885 $687 $1,999 ($18) $263 $5,007 $7,251
Continental Resources CLR $2,204 $412 $245 $167 $460 $18 $3 $1,312 $1,792
Crescent Energy CRGY $672 $252 $197 $55 $157 $143 ($0) $121 $421
Enerplus Corp. ERF $549 $175 $135 $40 $83 $0 $0 $291 $374
Hess Corp. HES $2,242 $674 $619 $55 $458 $0 $40 $1,070 $1,568
Magnolia Oil & Gas MGY $349 $68 $49 $19 $64 $0 $1 $216 $281
Matador Resources MTDR $635 $104 $104 $0 $132 $0 $0 $400 $531
Murphy Oil MUR $890 $267 $257 $10 $199 $0 $58 $366 $623
Northern Oil & Gas NOG $446 $110 $73 $37 $77 $0 $0 $258 $335
Ovintiv Inc OVV $2,286 $716 $622 $94 $280 $0 $0 $1,290 $1,570
PDC Energy PDCE $976 $165 $104 $61 $202 $5 $1 $603 $811
SM Energy SM $669 $151 $151 $0 $144 $1 $11 $363 $519
W&T Offshore WTI $188 $77 $77 $0 $34 $0 $0 $76 $110
Total   $24,815 $6,451 $5,116 $1,335 $4,843 $149 $489 $12,884 $18,365

Source: Oil & Gas Financial Analytics, LLC

4th Quarter 2022 ($/boe)

Company Ticker Revenue Lifting Costs Production Costs Prod. Taxes DD&A Impair. Explor. Pre-tax income Cash flow
APA Corp. APA $54.37 $13.32 $12.33 $1.00 $8.89 $- $2.94 $29.22 $41.05
Civitas Resources CIVI $52.23 $12.90 $8.32 $4.59 $13.79 $- $0.03 $25.50 $39.33
ConocoPhillips COP $60.75 $15.91 $11.66 $4.25 $12.36 $(0.11) $1.63 $30.96 $44.84
Continental Resources CLR $57.29 $10.70 $6.36 $4.34 $11.95 $0.46 $0.07 $34.11 $46.59
Crescent Energy CRGY $53.07 $19.86 $15.52 $4.33 $12.42 $11.28 $(0.03) $9.54 $33.21
Enerplus Corp. ERF $55.78 $17.75 $13.72 $4.03 $8.45 $- $- $29.58 $38.03
Hess Corp. HES $63.13 $18.98 $17.43 $1.55 $12.90 $- $1.13 $30.13 $44.15
Magnolia Oil & Gas MGY $51.42 $9.99 $7.17 $2.82 $9.40 $- $0.22 $31.81 $41.43
Matador Resources MTDR $61.75 $10.08 $10.08 $- $12.80 $- $- $38.87 $51.67
Murphy Oil MUR $53.51 $16.03 $15.45 $0.58 $11.98 $- $3.49 $22.01 $37.48
Northern Oil & Gas NOG $61.43 $15.23 $10.06 $5.16 $10.66 $- $- $35.54 $46.20
Ovintiv Inc OVV $47.45 $14.86 $12.91 $1.95 $5.81 $- $- $26.78 $32.59
PDC Energy PDCE $42.95 $7.27 $4.57 $2.71 $8.89 $0.23 $0.03 $26.54 $35.68
SM Energy SM $50.92 $11.46 $11.46 $- $10.93 $0.08 $0.82 $27.63 $39.46
W&T Offshore WTI $52.82 $21.81 $21.81 $- $9.64 $- $- $21.37 $31.00
Total   $56.34 $14.65 $11.62 $3.03 $11.00 $0.34 $1.11 $29.25 $41.70

Source: Oil & Gas Financial Analytics, LLC