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So we are running now with a fleet of 10 rigs across the Permian
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2022 Q2
2 Aug 22
we are looking for about a 15% increase in our Permian production.
We have increased 2 additional rigs in July.
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2022 Q2
2 Aug 22
so we have seen our investment go up this year, it’s $1 billion higher than it was last year.
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2022 Q2
2 Aug 22
Our net debt ratio is at 8%. That’s well below our mid-cycle guidance of 20% to 25%.
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2022 Q2
2 Aug 22
we just increased the top of the range of our guidance to $15 billion a year. That represents about 1% of our shares each quarter.
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2022 Q2
2 Aug 22
last 19 years. We bought back almost $60 billion during that time at an average price around $90 a share
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2022 Q2
2 Aug 22
our total investments first half of the year were up 80% versus a year ago.
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2022 Q2
2 Aug 22
We have done that for 35 consecutive years, increased it 6% earlier this year. It’s up 20% since right before COVID and it’s doubled since 2010.
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2022 Q2
2 Aug 22
we increased the top end of our share buyback guidance range to $15 billion per year and expect to be at that rate during the third quarter.
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2022 Q2
2 Aug 22
in the third quarter, we expect turnarounds and downtime to reduce production in a number of locations.
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2022 Q2
2 Aug 22
we recently signed agreements to export 4 million tons a year of LNG from the U.S. Gulf Coast with 1.5 million tons a year expected to start in 2026.
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2022 Q2
2 Aug 22
In Australia, we shipped 87 LNG cargoes from Gorgon and Wheatstone in the first half of this year, up over 10% from last year.
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2022 Q2
2 Aug 22
Our development costs are down about 25% since 2019 and we expect to keep them flat this year by offsetting inflation with productivity improvements.
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2022 Q2
2 Aug 22
Second quarter oil equivalent production decreased about 7% year-on-year due to expiration of our contracts in both Indonesia and Thailand, the sale of our Eagle Ford asset and CPC curtailments impacting TCO during April.
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2022 Q2
2 Aug 22
Adjusted upstream earnings increased primarily on higher realizations partially offset by tax and other items, including higher withholding taxes on TCO dividends and cash repatriations. Adjusted downstream earnings increased primarily on higher refining margins and a favorable swing in timing effects.
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2022 Q2
2 Aug 22
returned more than $5 billion to our shareholders through dividends and buybacks.
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2022 Q2
2 Aug 22