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2023 Oil-Weighted 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
Berry Petroleum BRY $669 $379 $321 $58 $144 $0 $0 $147 $290
California Resources CRC $2,155 $935 $854 $113 $207 $0 $3 $1,010 $1,220
Callon Petroleum CPE $1,954 $525 $412 $114 $536 $407 $9 $477 $1,429
Chord Energy CHRD $3,132 $1,099 $839 $260 $582 $0 $35 $1,416 $2,033
Devon Energy DVN $10,791 $2,928 $2,130 $798 $2,464 $0 $20 $5,379 $7,863
Diamondback Energy FANG $8,228 $1,684 $1,159 $525 $1,684 $0 $0 $4,860 $6,544
EOG Resources EOG $17,376 $4,323 $3,039 $1,284 $3,322 $202 $182 $9,347 $13,053
Hess Corp. HES $7,761 $2,940 $2,724 $216 $1,852 $82 $317 $2,570 $4,821
HighPeak Energy HPK $1,111 $204 $145 $58 $424 $0 $5 $478 $907
Marathon Oil MRO $6,425 $1,861 $1,498 $363 $2,203 $0 $59 $2,302 $4,564
Occidental Petroleum OXY $21,260 $7,180 $6,104 $1,076 $6,112 $209 $441 $7,318 $14,080
Permian Resources PR $3,121 $704 $463 $241 $1,008 $7 $19 $1,383 $2,417
Pioneer Natural Resources PXD $12,989 $2,827 $2,042 $785 $2,862 $0 $80 $7,220 $10,162
Riley Permian REPX $373 $84 $59 $26 $64 $10 $4 $210 $288
Ring Energy REI $361 $96 $71 $25 $89 $0 $0 $176 $265
Talos Energy TALO $1,458 $392 $390 $2 $664 $0 $0 $402 $1,066
Vital Energy VTLE $1,529 $398 $304 $93 $447 $0 $0 $684 $1,131
Total   $100,693 $28,559 $22,554 $6,036 $24,663 $916 $1,175 $45,380 $72,134

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
Berry Petroleum BRY $72.20 $40.88 $34.66 $6.22 $15.51 $- $- $15.82 $31.33
California Resources CRC $67.34 $29.22 $26.69 $3.53 $6.47 $- $0.09 $31.56 $38.13
Callon Petroleum CPE $51.98 $13.97 $10.95 $3.02 $14.25 $10.83 $0.24 $12.69 $38.01
Chord Energy CHRD $49.49 $17.36 $13.26 $4.11 $9.20 $- $0.56 $22.37 $32.12
Devon Energy DVN $44.96 $12.20 $8.88 $3.33 $10.27 $- $0.08 $22.41 $32.76
Diamondback Energy FANG $50.35 $10.31 $7.09 $3.21 $10.31 $- $- $29.74 $40.05
EOG Resources EOG $48.13 $11.98 $8.42 $3.56 $9.20 $0.56 $0.50 $25.89 $36.16
Hess Corp. HES $52.80 $20.00 $18.53 $1.47 $12.60 $0.56 $2.16 $17.48 $32.80
HighPeak Energy HPK $67.91 $12.46 $8.88 $3.57 $25.93 $- $0.32 $29.20 $55.45
Marathon Oil MRO $43.41 $12.57 $10.12 $2.45 $14.89 $- $0.40 $15.55 $30.84
Occidental Petroleum OXY $47.67 $16.10 $13.69 $2.41 $13.70 $0.47 $0.99 $16.41 $31.57
Permian Resources PR $43.96 $9.91 $6.52 $3.39 $14.19 $0.09 $0.27 $19.49 $34.05
Pioneer Natural Resources PXD $49.14 $10.70 $7.73 $2.97 $10.83 $- $0.30 $27.32 $38.45
Riley Permian REPX $54.91 $12.43 $8.67 $3.77 $9.50 $1.44 $0.61 $30.93 $42.48
Ring Energy REI $54.60 $14.52 $10.76 $3.76 $13.40 $- $- $26.67 $40.07
Talos Energy TALO $60.26 $16.20 $16.10 $0.10 $27.42 $- $- $16.63 $44.05
Vital Energy VTLE $43.38 $11.29 $8.64 $2.65 $12.67 $- $- $19.42 $32.10
Total   $48.60 $13.78 $10.88 $2.91 $11.90 $0.44 $0.57 $21.90 $34.81

Source: Oil & Gas Financial Analytics, LLC