Execution Excellence Baytown Long- Term Plans Global Footprint Papau New Guinea Enterprise Resource Planning (ERP) Net Present Value (NPV) Guyana Net Zero Structural Cost Savings Hydrogen Tier-1 Acreage Refinery Capital Efficiency Industry Leading And Equation Oil Demand Energy Markets Data Center China Chemical Complex Low Carbon Solutions (LCS) 1 + 1 = 3 Liza Restructuring Best of Both Unconventional Global Outlook Optionality Discipline(d) Total Shareholder Return (TSR) Mozambique Lower Emissions Vantage Balance Sheet Upstream Depreciation, Depletion, and Amortization (DD&A) Shareholder Return Competitive Advantages Renewable Diesal Innovation Economies of Scale Proxxima Growth Potential Bacalhau Conventional Incremental Geopolitical Crude Artificial Intelligence (AI) Decarbonization Downstream Forward- Looking Comments Advantaged Portfolio Denbury Free Cash Flow Growth Strategy Contiguous Acreage Advantaged Opportunities Divestment Lightweight Proppant Cash Flow Strong Cash Balance Four- Mile Laterals Technology Buybacks Advantaged Assets Petroleum Coke Accretive Organic Product Solutions Market Volatility Liquified Natural Gas (LNG) Emissions Carbon Capture Solution (CCS) Operating Expenses (OpEx) Merger & Acquistion (M&A) Energy Transition Pioneer Cautionary Statement Operational Efficiency Wells to Sales Share Repurchases Chemical Business Global Operations Acquisition Macroeconomic Market Conditions Permian Domestic Market Debottlenecking Cost Discipline Peak Production Debt to Capital Dividends Lithium Capital Expenditures (CAPEX) Share Price Final Investment Decision (FID) Operational Excellence Competitive Position Production Capacity International Oil Company (IOC) Enhanced Oil Recovery (EOR) Kazakhstan Execution Excellence Baytown Long- Term Plans Global Footprint Papau New Guinea Enterprise Resource Planning (ERP) Net Present Value (NPV) Guyana Net Zero Structural Cost Savings Hydrogen Tier-1 Acreage Refinery Capital Efficiency Industry Leading And Equation Oil Demand Energy Markets Data Center China Chemical Complex Low Carbon Solutions (LCS) 1 + 1 = 3 Liza Restructuring Best of Both Unconventional Global Outlook Optionality Discipline(d) Total Shareholder Return (TSR) Mozambique Lower Emissions Vantage Balance Sheet Upstream Depreciation, Depletion, and Amortization (DD&A) Shareholder Return Competitive Advantages Renewable Diesal Innovation Economies of Scale Proxxima Growth Potential Bacalhau Conventional Incremental Geopolitical Crude Artificial Intelligence (AI) Decarbonization Downstream Forward- Looking Comments Advantaged Portfolio Denbury Free Cash Flow Growth Strategy Contiguous Acreage Advantaged Opportunities Divestment Lightweight Proppant Cash Flow Strong Cash Balance Four- Mile Laterals Technology Buybacks Advantaged Assets Petroleum Coke Accretive Organic Product Solutions Market Volatility Liquified Natural Gas (LNG) Emissions Carbon Capture Solution (CCS) Operating Expenses (OpEx) Merger & Acquistion (M&A) Energy Transition Pioneer Cautionary Statement Operational Efficiency Wells to Sales Share Repurchases Chemical Business Global Operations Acquisition Macroeconomic Market Conditions Permian Domestic Market Debottlenecking Cost Discipline Peak Production Debt to Capital Dividends Lithium Capital Expenditures (CAPEX) Share Price Final Investment Decision (FID) Operational Excellence Competitive Position Production Capacity International Oil Company (IOC) Enhanced Oil Recovery (EOR) Kazakhstan
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Execution Excellence
Baytown
Long-Term Plans
Global Footprint
Papau New Guinea
Enterprise Resource Planning (ERP)
Net Present Value (NPV)
Guyana
Net Zero
Structural Cost Savings
Hydrogen
Tier-1 Acreage
Refinery
Capital Efficiency
Industry Leading
And Equation
Oil Demand
Energy Markets
Data Center
China Chemical Complex
Low Carbon Solutions (LCS)
1 + 1 = 3
Liza
Restructuring
Best of Both
Unconventional
Global Outlook
Optionality
Discipline(d)
Total Shareholder Return (TSR)
Mozambique
Lower Emissions
Vantage
Balance Sheet
Upstream
Depreciation, Depletion, and Amortization (DD&A)
Shareholder Return
Competitive Advantages
Renewable Diesal
Innovation
Economies of Scale
Proxxima
Growth Potential
Bacalhau
Conventional
Incremental
Geopolitical
Crude
Artificial Intelligence (AI)
Decarbonization
Downstream
Forward-Looking Comments
Advantaged Portfolio
Denbury
Free Cash Flow
Growth Strategy
Contiguous Acreage
Advantaged Opportunities
Divestment
Lightweight Proppant
Cash Flow
Strong Cash Balance
Four-Mile Laterals
Technology
Buybacks
Advantaged Assets
Petroleum Coke
Accretive
Organic
Product Solutions
Market Volatility
Liquified Natural Gas (LNG)
Emissions
Carbon Capture Solution (CCS)
Operating Expenses (OpEx)
Merger & Acquistion (M&A)
Energy Transition
Pioneer
Cautionary Statement
Operational Efficiency
Wells to Sales
Share Repurchases
Chemical Business
Global Operations
Acquisition
Macroeconomic
Market Conditions
Permian
Domestic Market
Debottlenecking
Cost Discipline
Peak Production
Debt to Capital
Dividends
Lithium
Capital Expenditures (CAPEX)
Share Price
Final Investment Decision (FID)
Operational Excellence
Competitive Position
Production Capacity
International Oil Company (IOC)
Enhanced Oil Recovery (EOR)
Kazakhstan