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2023 Diversified E&Ps' Financial 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.)

Full Year 2023 ($in Millions)

Company Ticker Revenue Lifting Costs Production Costs Prod. Taxes DD&A Impair. Explor. Pre-tax income Cash flow
APA Corp. APA $7,385 $1,974 $1,770 $204 $1,500 $61 $195 $3,655 $5,411
Civitas Resources CIVI $3,479 $914 $637 $277 $1,171 $0 $2 $1,392 $2,566
ConocoPhillips COP $34,043 $10,610 $7,434 $3,176 $8,440 $13 $398 $14,582 $23,433
Continental Resources CLR $7,684 $1,659 $1,056 $604 $2,264 $67 $16 $3,677 $6,025
Crescent Energy CRGY $2,315 $1,039 $876 $163 $676 $153 $9 $438 $1,276
Enerplus Corp. ERF $1,663 $670 $535 $135 $377 $0 $0 $615 $993
Granite Ridge Resources GRNT $394 $88 $61 $28 $161 $26 $0 $119 $306
Magnolia Oil & Gas MGY $1,227 $265 $200 $66 $325 $16 $5 $616 $962
Matador Resources MTDR $2,546 $508 $308 $200 $717 $0 $0 $1,321 $2,037
Murphy Oil MUR $3,377 $1,060 $1,017 $43 $851 $0 $245 $1,221 $2,317
Northern Oil & Gas NOG $1,898 $507 $347 $160 $486 $0 $0 $905 $1,391
Ovintiv Inc OVV $7,785 $2,776 $2,434 $342 $1,805 $0 $0 $3,204 $5,009
SM Energy SM $2,364 $564 $459 $105 $690 $0 $59 $1,050 $1,800
Vitesse Energy VTS $234 $61 $40 $22 $82 $0 $0 $91 $173
W&T Offshore WTI $524 $284 $284 $0 $115 $0 $0 $125 $240
Total   $76,917 $22,980 $17,456 $5,523 $19,659 $337 $931 $33,011 $53,938

Source: Oil & Gas Financial Analytics, LLC

Full Year 2023 ($/boe)

Company Ticker Revenue Lifting Costs Production Costs Prod. Taxes DD&A Impair. Explor. Pre-tax income Cash flow
APA Corp. APA $49.95 $13.35 $11.97 $1.38 $10.15 $0.41 $1.32 $24.72 $36.60
Civitas Resources CIVI $44.93 $11.80 $8.23 $3.57 $15.13 $- $0.03 $17.98 $33.14
ConocoPhillips COP $50.21 $15.65 $10.96 $4.68 $12.45 $0.02 $0.59 $21.51 $34.56
Continental Resources CLR $47.83 $10.33 $6.57 $3.76 $14.09 $0.42 $0.10 $22.89 $37.50
Crescent Energy CRGY $42.45 $19.04 $16.06 $2.99 $12.39 $2.81 $0.17 $8.03 $23.41
Enerplus Corp. ERF $45.56 $18.37 $14.67 $3.70 $10.34 $- $- $16.85 $27.19
Granite Ridge Resources GRNT $44.41 $9.94 $6.82 $3.12 $18.11 $2.99 $- $13.38 $34.47
Magnolia Oil & Gas MGY $40.76 $8.82 $6.64 $2.18 $10.79 $0.52 $0.18 $20.45 $31.95
Matador Resources MTDR $52.91 $10.56 $6.40 $4.16 $14.90 $- $- $27.45 $42.35
Murphy Oil MUR $47.96 $15.06 $14.45 $0.61 $12.08 $- $3.48 $17.35 $32.90
Northern Oil & Gas NOG $52.61 $14.06 $9.62 $4.44 $13.47 $- $- $25.08 $38.55
Ovintiv Inc OVV $37.70 $13.44 $11.79 $1.66 $8.74 $- $- $15.52 $24.26
SM Energy SM $42.59 $10.15 $8.26 $1.89 $12.44 $- $1.07 $18.93 $32.44
Vitesse Energy VTS $53.90 $14.09 $9.10 $4.98 $18.84 $- $- $20.97 $39.81
W&T Offshore WTI $41.26 $22.36 $22.36 $- $9.03 $- $- $9.87 $18.90
Total   $47.26 $14.12 $10.73 $3.39 $12.08 $0.21 $0.57 $20.28 $33.14

Source: Oil & Gas Financial Analytics, LLC