The company said net income attributable to common stockholders for Q1 2024 was $718 million ($0.75 per diluted share), and adjusted income was $604 million ($0.63 per diluted share).

1. 01

   The company said net income attributable to common stockholders for Q1 2024 was $718 million ($0.75 per diluted share), and adjusted income was $604 million ($0.63 per diluted share).

2. 02

   The company reported operating cash flow of $2.0 billion, cash flow from operations before working capital of $2.4 billion, capital expenditures of $1.8 billion, and contributions from noncontrolling interest of $57 million, resulting in free cash flow before working capital of $720 million for Q1 2024.

3. 03

   The company said total company production for Q1 2024 averaged 1,172 Mboed, near the midpoint of guidance, and was achieved while overcoming the third-party outage in the eastern Gulf of Mexico. It said production affected by that outage resumed in mid-April.

4. 04

   The company said its oil and gas pre-tax income for Q1 2024 was $1.2 billion, down from Q4 2023 and below $1.6 billion. The company cited lower crude oil prices and lower domestic crude oil volumes as the reasons adjusted oil and gas income ($1.3 billion) declined from the prior quarter.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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