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Q3 2023 E&Ps' Cash Flow Allocation

Oil-Weighted E&Ps - Q3 2023 Cash Flow ($in Millions)

Company Ticker Cash Flow From Operations Capex Net Acquisitions Other Total Net Debt Stock Repurchases Dividends Other Total Net Cash Flow
Berry Petroleum BRY $55 $(15) $(53) $- $(68) $32 $- $(11) $(0) $21 $9
California Resources CRC $104 $(33) $- $5 $(28) $(5) $(20) $(19) $(1) $(45) $31
Callon Petroleum CPE $267 $(252) $321 $(1) $68 $(319) $(15) $- $(1) $(335) $(0)
Chord Energy CHRD $399 $(235) $(13) $(6) $(254) $- $(111) $(57) $73 $(95) $50
Devon Energy DVN $1,725 $(905) $- $8 $(897) $(242) $- $(312) $(1) $(555) $273
Diamondback Energy FANG $1,358 $(684) $700 $(1) $15 $(317) $(56) $(149) $(42) $(564) $809
Earthstone Energy ESTE $285 $(166) $(847) $- $(1,013) $699 $(1) $- $(4) $695 $(33)
EOG Resources EOG $2,704 $(1,546) $14 $- $(1,532) $- $(109) $(494) $(7) $(610) $562
Hess Corp. HES $986 $(1,006) $3 $(1) $(1,004) $78 $- $(134) $(134) $(190) $(208)
HighPeak Energy HPK $158 $(248) $(77) $- $(325) $170 $156 $(3) $(34) $288 $122
Marathon Oil MRO $3,007 $(1,659) $(22) $57 $(1,624) $(201) $(1,121) $(186) $(35) $(1,543) $(160)
Occidental Petroleum OXY $3,129 $(1,619) $245 $(100) $(1,474) $- $(434) $(347) $(758) $(1,539) $116
Permian Resources PR $481 $(382) $(14) $0 $(396) $200 $(28) $(33) $(30) $108 $193
Pioneer Natural Resources PXD $2,072 $(1,068) $1 $- $(1,067) $(606) $(10) $(431) $49 $(998) $7
Talos Energy TALO $66 $(148) $75 $(6) $(79) $15 $- $- $(5) $10 $(3)
Vital Energy VTLE $214 $(150) $(13) $0 $(163) $323 $161 $- $(17) $466 $518
Total   $17,011 $(10,116) $321 $(45) $(9,840) $(173) $(1,588) $(2,176) $(947) $(4,885) $2,286

Diversified E&Ps - Q3 2023 Cash Flow ($in Millions)

Company Ticker Cash Flow From Operations Capex Net Acquisitions Other Total Net Debt Stock Repurchases Dividends Other Total Net Cash Flow
APA Corp. APA $764 $(628) $(24) $(15) $(667) $6 $(20) $(77) $(53) $(144) $(47)
Civitas Resources CIVI $520 $(262) $(3,313) $2 $(3,574) $650 $- $(164) $(40) $447 $(2,608)
ConocoPhillips COP $5,445 $(2,806) $187 $235 $(2,384) $2,651 $(1,262) $(1,337) $(11) $41 $3,102
Crescent Energy CRGY $189 $(88) $(605) $2 $(691) $582 $146 $(9) $(25) $693 $191
Enerplus Corp. ERF $212 $(171) $14 $- $(156) $21 $(55) $(13) $(1) $(47) $9
Magnolia Oil & Gas MGY $187 $(89) $(73) $(0) $(162) $- $(57) $(22) $(4) $(83) $(58)
Matador Resources MTDR $461 $(359) $(64) $(0) $(424) $(15) $- $(18) $(8) $(41) $(4)
Murphy Oil MUR $456 $(208) $80 $0 $(127) $(249) $(75) $(43) $(4) $(370) $(41)
Northern Oil & Gas NOG $264 $(169) $(444) $(0) $(613) $384 $- $(34) $(2) $347 $(2)
Ovintiv Inc OVV $906 $(834) $(47) $27 $(854) $29 $(45) $(82) $(3) $(101) $(49)
SM Energy SM $383 $(217) $(20) $- $(237) $(96) $(18) $(8) $(122) $24
W&T Offshore WTI $30 $(4) $(38) $(3) $(45) $(7) $- $- $(0) $(8) $(23)
Total   $9,817 $(5,834) $(4,348) $247 $(9,935) $4,051 $(1,465) $(1,816) $(160) $612 $494

Gas-Weighted E&Ps - Q3 2023 Cash Flow ($in Millions)

Company Ticker Cash Flow From Operations Capex Net Acquisitions Other Total Net Debt Stock Repurchases Dividends Other Total Net Cash Flow
Antero Resources  AR $183 $(233) $(42) $(1) $(276) $114 $- $- $(21) $93 $-
Chesepeake Energy CHK $506 $(423) $4 $(61) $(480) $- $(132) $(77) $(6) $(215) $(189)
CNX Resources CNX $206 $(206) $19 $- $(187) $13 $(46) $- $(0) $(34) $(14)
Comstock Resources CRK $71 $(351) $0 $0 $(351) $325 $- $(35) $- $290 $10
Coterra Resources COG $758 $(546) $5 $- $(541) $- $(60) $(151) $- $(211) $6
EQT Corporation EQT $455 $(504) $(2,283) $(3) $(2,790) $1,249 $- $(54) $(9) $1,185 $(1,151)
GulfPort Energy GPOR $156 $(138) $(1) $0 $(138) $(4) $(8) $- $(3) $(15) $3
National Fuel Gas NFG $182 $(282) $- $(1) $(283) $149 $- $(45) $(0) $103 $2
Range Resources RRC $150 $(144) $(8) $(0) $(152) $(87) $(2) $(19) $111 $3 $1
SilverBow Resources SBOW $127 $(95) $(51) $- $(146) $(78) $97 $- $0 $19 $1
Southwestern Energy SWN $477 $(547) $- $- $(547) $28 $- $- $43 $71 $1
Total   $3,272 $(3,469) $(2,357) $(66) $(5,892) $1,709 $(151) $(382) $114 $1,290 $(1,331)