Arun Jayaram

I wanted to see if you could elaborate on maybe the decision to move to tighter spacing. Is this in the Delaware

how you think about repurchasing debt? I think some of your debt is trading at 25% discount to par

I wanted to get your thoughts on the impact from the Middle East conflict on the potential for infrastructure spend, both from repairing damaged infrastructure and to add redundancy for greater sup...

Can you elaborate on your strategy for further enhancing your current capabilities or sustaining growth from power systems on a go-forward basis?

give us -- Lorenzo, I meant some of the building blocks you see that are necessary to get to the 20% corporate adjusted EBITDA target by 2028

if you could discuss perhaps the net impact from these 3 transactions as we think about sharpening our pencil on 2026, perhaps top line or EBITDA thoughts

I was wondering if you could highlight any confidence you have Lorenzo, Ahmed around, call it the low end of the guide, if we factor in some of the tariff impacts

I was wondering if you could highlight what type of inroads are you making in the turbine market outside of oil and gas

I wanted to dig a little bit deeper on your 2025 IET order outlook. You guided to $13.5 billion of inbound orders at the midpoint

Could you comment on how some of the Middle East disruptions are impacting your view of the LNG macro picture?

I was wondering if you could talk about some of the levers you may be pulling from a technology standpoint that may be contributing to the attractive trends in well productivity

if you could unpack the $1 billion cost reduction in margin optimization plan, which looks to be a new wrinkle in the update

how do you think about kind of balancing this low cost of supply with the macro as well as perhaps preserving precious inventory

I wanted to see if we get some insights on what drove your ultimate decision terms of 2025 to give a quantum of cash return

I wanted to see if you could provide any kind of overall commentary on your thoughts on CapEx reduction next year. You mentioned that you think it will be down moderately, but maybe help us fill in...

Can you talk about some of the things that you're seeing post your review of those acquisition economics and maybe a little bit more insights on the ground game that you've done.

talk to us about confidence level at the midpoint and how you expect to kind of achieve that fourth quarter run rate which would assume kind of an oil trajectory approaching 180,000 barrels a day.

do you have enough confidence now to codevelop the zones in Culberson County?

how does the issues that you've experienced on the Harkey program impact the development program there. I believe the original plan was to do 20 Wolfcamp wells and 8 Harkey wells.

how does the reduction in your rig count in the Permian. How is that impacting your thoughts on the 3-year program?

you're basically maintaining that production guide, but with fewer days, I call it, on the acquired asset. Just wanna clarify that comment.

key lessons learned from the Wyndham Row, including the interplay between the Wolfcamp and the Harkey programs

the opportunity for Chevron Corporation to optimize margins from the refining system as well as your increased exposure to waterborne crudes

if you could elaborate on a few of the moving pieces around TCO volumes in 2026. Including the optimized maintenance schedule, and perhaps, Mike, you could just discuss the issue on the power distr...

are you essentially ramped to capacity there?

a brief update on your Eastern Med gas strategy and thoughts on potentially upgrading or doing expansion project at Leviathan

I was wondering if you could provide more details on this portfolio review process, which obviously will pick up steam when you close the merger in a couple days

There are some moving pieces regarding 1Q taxes and your forward look on taxes. Could you provide us an updated view on what is going on there

How should we think about kind of capital allocation between regions outside of the Delaware?

I was wondering maybe you could elaborate on the ownership position in Fervo Energy

Your Rockies production has been trending maybe a little bit better than we had been modeling

maybe elaborate on what you're doing to kind of manage your base production. You highlighted in the release that it's leading to maybe 20 MBOE per day of production uplift

as you have contemplated a higher degree of co-development between the Wolfcamp B and Wolfcamp A zones

What is the timing of when you'll get those savings? Is that early in the year?

Could you maybe give us a sense of what this would do to your broad GP&T cost per unit, if we were to translate that into our models in 2026?

could highlight some of your incremental midstream investments that you have at Devon that could be subject to future monetization?

is it the intention to maybe return a little bit or to focus a little bit on the balance sheet versus cash return in 2025?

I was wondering if you could maybe highlight the strong sequential performance in the Eagle Ford. I think your volumes were up over 20% sequentially

I was wondering if you could provide a little bit of an update on what is going on on the ground

Can you remind us of the pricing mechanism on those waterborne barrels out of Corpus

if you could talk about the sustaining capital requirements to sustain that level of production from a capital or activity standpoint

if you could give us a sense of your geological concept and potential path to commercial development in the UAE

give us your thoughts, Ezra and Ann, around cash return in a more challenging macro picture?

EOG is a bit of a canary in the coal mine, given your decision to pull back a little bit on capital

could you talk about what type of capital of project like this could look like and just maybe the time line to cash flows

How would you characterize the nature of those discussions post the war in Iran? And would it be your expectation that you could sign some offtake in this calendar year

I was wondering if you could update us on the progress on some of your large-scale supply deals. I'm thinking Homer City shipping port and the Duke Energy and Southern Company deals

I wanted to see if you could talk about how you see your strategic growth CapEx evolving over the next couple of years

Where are you in terms of the life cycle of investments kind of in compression

I was wondering if you could start with the open season and talk about some of the key demand takeaways that you saw from the utilities during that process

how are you thinking about strategic midstream capital in '26 and over the next, you know, maybe through '28

How do you see yesterday's PJM auction clear at the price cap? How do you see this impacting gas power gen development and gas demand overall

I was wondering if you had thoughts on the time line to reach the full 800 Ms on the Shippingport facility and 665 in Homer City

Can you give us a sense of maybe break that out between what portion of that is just from M2 tightening versus the benefits or uplift from the long-term sales agreements

Just wondering if you may help us think about some of the benefits to EQT from doing clinical data center deal

I wanted to see if we could discuss your thoughts on kind of the longer term kind of CapEx trajectory at EQT

I was wondering how you're seeing things on the power demand side of the equation kind of evolve, kind of locally

what are some of the targets you're looking for, for the balance sheet from either a gross or a net debt perspective?

How do you think about your approach to development in a much stronger oil price than we sat just, call it, 90 days ago

in your shareholder letter, you mentioned how the company was testing for surfactants

it looks like the average well is delivering just under 50% more oil cuts or mix over the first 12 months of the well

Wondering thoughts on bringing back that slide and maybe just an update on your corporate development activities around this important topic

love to get a little bit more insights on this continuous pumping design that you're now implementing on your houses fleets? And what could that do for your dollar per foot

give us some thoughts on the broader asset sale target of $1.5 billion, in particular, maybe an update on the Endeavor water drop

how you think about the consolidation road map in the Permian and FANG's role within the industry and just overall M&A thoughts

Diamondback will allocate a higher mix of free cash flow to repurchases if the volatility continues

would a 900 million per quarter run rate seem reasonable based on what we know today

what are some of the implications for well productivity as we think about the twenty-five program versus last year

are these gonna represent primarily midstream assets, but give us a sense of what your what your plans are in terms of monetizations

walk us around your core international and offshore markets outside of the Middle East and perhaps elaborate on the strength in LATAM and Europe/Africa

Could you talk about opportunities to arbitrage this delta to the benefit of shareholders in terms of pricing power

the streets today sitting at just under $4 billion of EBITDA 'twenty six? And just trying to want to get just general comfort level

I also wanted to talk to you a little bit about some of the updates we've gotten from the majors where they're talking about using lightweight proppant and surfactants

I was wondering if you could talk about your views on the evolution of that market over the last 3, 6, 9 months

North American revenue was up 5% sequentially, a lot better than we had expected and maybe you had guided to and relatively flat on a year-over-year basis

you commented on the focus on Halliburton maybe to market a portion of its chemicals business, but just thoughts on [ pruning ] of the portfolio

I wanted to see if you could comment on how was positioned in the upcoming Jafurah tender

you announced a $345 million equity investment, looks like a minor acquisition. So I was wondering if you could describe those two

Could you talk to us what parts of the non-OPEC food chain do you expect to see maybe some spending impacts

I was wondering if you could give us some thoughts on what you're seeing offshore

Could you give us a sense -- we understand in talking to E&Ps that the Octiv Auto Frac service can be deployed with different kind of configurations

How are you thinking about capital allocation post reaching this objective?

Can you talk about these inflationary pressures, and does it change where you expect to land within that range?

Do you think that a project like this should be able to support kind of a sustaining production profile for the Gulf as we look out the next several years in that low 130 MBOE per day kind of range

You did come out about $800 million lower than that soft guide that you provided last quarter. And maybe you could just walk through kind of the moving pieces

I was wondered if you could maybe give us more details on the demonstration pilot

what you believe these waterflood projects can do to your productive capacity in the Gulf of America. Maybe just thoughts on Gulf output

how you think about the production capacity in the Gulf of Mexico trending over a multiyear basis as you implement some of your Gulf of America 2.0 projects

You mentioned $700 million to $800 million of tailwinds. I think you said 35% in '25 and the balance in '26. Is that correct

do you think it would be a better time to sell, call it, short-cycle assets in this type of environment? Or would you lean towards thinking about more long cycle assets

Maybe you could kind of unpack kind of the opportunity set in Block 53 and your North Oman discovery you announced

extension to the echo Patrol JV in the Midland Basin. Can you just give us some of the basic terms of the agreement

shed some light on the Gulf of Mexico outlook for 2025. You have, you know, perhaps maintenance in one queue

I was wondering if you could highlight some of the industrial and technical challenges in restoring production that is offline in the Middle East

You mentioned that you expect to reach a $1 billion run rate in revenue, if I heard you correctly, by year-end? Can you talk a little bit about the solutions you're providing today

I was wondering if you could frame your thoughts on the near-term and longer-term opportunity for SLB N.V. in Venezuela

you mentioned that you think that it could help outstrip the core business by double digits. Was wondering if you could maybe elaborate

I wanted to see if you could elaborate on your commentary on what would happen in the recovery. Your commentary suggests that you expect that international would lead

could you help us maybe break down your expectations for how you see things playing out in Q3 versus Q4?

is global upstream spending is on track to decline in 2025 or 2024. I was wondering if you could share with us your views on how you see this playing out

I was wondering if you could elaborate on Schlumberger Limited's strategy kind of to diversify the portfolio beyond oil and gas?

We're getting to somewhere between $8.4 to $8.5 billion. I don't know, Stephane, if you could maybe give us some color if that makes sense

I think you cited the $850 million number for 2024. What kind of growth could we see off that level?

Is it fair you expect flattish revenue on a standalone basis and adjusted EBITDA at or above 2024 levels?

elaborate on how you view some of the resource expansion opportunities in Guyana

how these projects stood on the global cost curve versus perhaps Gulf Coast LNG