2nd Quarter 2025 ($in Millions)
| Company | Ticker | Revenue | Lifting Costs | Production Costs | Prod. Taxes | DD&A | Impair. | Explor. | Pre-tax income | Cash flow |
|---|---|---|---|---|---|---|---|---|---|---|
| APA Corp. | APA | $1,718.0 | $525.0 | $471.0 | $54.0 | $523.0 | $0.0 | $43.0 | $627.0 | $1,193.0 |
| Civitas Resources | CIVI | $1,054.0 | $328.0 | $253.0 | $75.0 | $501.0 | $0.0 | $3.0 | $222.0 | $726.0 |
| ConocoPhillips | COP | $8,919.0 | $3,144.0 | $2,572.0 | $572.0 | $2,838.0 | $1.0 | $81.0 | $2,855.0 | $5,775.0 |
| Continental Resources | Private | $1,626.4 | $396.7 | $277.3 | $119.4 | $632.6 | $15.8 | $3.9 | $577.4 | $1,229.7 |
| Crescent Energy | CRGY | $859.6 | $361.0 | $305.9 | $55.1 | $297.1 | $3.0 | $5.6 | $193.0 | $498.6 |
| Granite Ridge Resources | GRNT | $109.2 | $26.6 | $20.1 | $6.5 | $53.4 | $0.0 | $0.0 | $29.2 | $82.6 |
| Infinity Natural Resources | INR | $72.5 | $23.9 | $20.8 | $3.1 | $23.7 | $0.0 | $0.0 | $24.9 | $48.6 |
| Mach Natural Resources | MNR | $219.4 | $91.8 | $81.4 | $10.5 | $64.4 | $0.0 | $0.0 | $63.1 | $127.6 |
| Magnolia Oil & Gas | MGY | $319.0 | $78.9 | $60.1 | $18.8 | $107.1 | $0.0 | $0.4 | $132.7 | $240.1 |
| Matador Resources | MTDR | $815.8 | $188.5 | $105.7 | $82.8 | $302.6 | $0.0 | $0.0 | $324.7 | $627.3 |
| Murphy Oil | MUR | $683.1 | $280.5 | $269.6 | $10.8 | $259.3 | $0.0 | $10.4 | $132.9 | $402.6 |
| Northern Oil & Gas | NOG | $574.4 | $157.0 | $121.4 | $35.6 | $205.7 | $115.6 | $0.0 | $96.0 | $417.3 |
| Ovintiv Inc | OVV | $1,764.0 | $727.0 | $654.0 | $73.0 | $550.0 | $0.0 | $0.0 | $487.0 | $1,037.0 |
| SM Energy | SM | $785.1 | $224.3 | $194.1 | $30.2 | $293.0 | $0.0 | $15.3 | $252.4 | $560.7 |
| Vitesse Energy | VTS | $81.8 | $25.8 | $19.6 | $6.2 | $34.6 | $0.0 | $0.0 | $21.4 | $55.9 |
| W&T Offshore | WTI | $119.8 | $82.4 | $82.4 | $0.0 | $26.4 | $0.0 | $0.0 | $10.9 | $37.4 |
| Total | $19,720.9 | $6,661.4 | $5,508.4 | $1,153.0 | $6,711.9 | $135.4 | $162.6 | $6,049.7 | $13,059.5 |
Source: Oil & Gas Financial Analytics, LLC
2nd Quarter 2025 ($/boe)
| Company | Ticker | Revenue | Lifting Costs | Production Costs | Prod. Taxes | DD&A | Impair. | Explor. | Pre-tax income | Cash flow |
|---|---|---|---|---|---|---|---|---|---|---|
| APA Corp. | APA | $40.6 | $12.4 | $11.1 | $1.3 | $12.4 | $0.0 | $1.0 | $14.8 | $28.2 |
| Civitas Resources | CIVI | $36.6 | $11.4 | $8.8 | $2.6 | $17.4 | $0.0 | $0.1 | $7.7 | $25.2 |
| ConocoPhillips | COP | $41.0 | $14.5 | $11.8 | $2.6 | $13.0 | $0.0 | $0.4 | $13.1 | $26.5 |
| Continental Resources | Private | $40.6 | $9.9 | $6.9 | $3.0 | $15.8 | $0.4 | $0.1 | $14.4 | $30.7 |
| Crescent Energy | CRGY | $35.9 | $15.1 | $12.8 | $2.3 | $12.4 | $0.1 | $0.2 | $8.1 | $20.8 |
| Granite Ridge Resources | GRNT | $38.0 | $9.2 | $7.0 | $2.2 | $18.6 | $0.0 | $0.0 | $10.2 | $28.8 |
| Infinity Natural Resources | INR | $24.1 | $7.9 | $6.9 | $1.0 | $7.8 | $0.0 | $0.0 | $8.3 | $16.1 |
| Mach Natural Resources | MNR | $28.8 | $12.1 | $10.7 | $1.4 | $8.5 | $0.0 | $0.0 | $8.3 | $16.8 |
| Magnolia Oil & Gas | MGY | $35.7 | $8.8 | $6.7 | $2.1 | $12.0 | $0.0 | $0.0 | $14.8 | $26.9 |
| Matador Resources | MTDR | $42.9 | $9.9 | $5.6 | $4.4 | $15.9 | $0.0 | $0.0 | $17.1 | $33.0 |
| Murphy Oil | MUR | $54.0 | $22.2 | $21.3 | $0.9 | $20.5 | $0.0 | $0.8 | $10.5 | $31.8 |
| Northern Oil & Gas | NOG | $47.1 | $12.9 | $10.0 | $2.9 | $16.9 | $9.5 | $0.0 | $7.9 | $34.2 |
| Ovintiv Inc | OVV | $31.5 | $13.0 | $11.7 | $1.3 | $9.8 | $0.0 | $0.0 | $8.7 | $18.5 |
| SM Energy | SM | $41.3 | $11.8 | $10.2 | $1.6 | $15.4 | $0.0 | $0.8 | $13.3 | $29.5 |
| Vitesse Energy | VTS | $47.4 | $15.0 | $11.4 | $3.6 | $20.1 | $0.0 | $0.0 | $12.4 | $32.5 |
| W&T Offshore | WTI | $39.3 | $27.0 | $27.0 | $0.0 | $8.7 | $0.0 | $0.0 | $3.6 | $12.2 |
| Total | $39.5 | $13.4 | $11.0 | $2.3 | $13.5 | $0.3 | $0.3 | $12.1 | $26.2 |
Source: Oil & Gas Financial Analytics, LLC
