Betty Jiang

Are there other opportunities along that line? And how should we be thinking about the benefit of these investments

can you just speak to how we're tracking on ARO spend just over the next several years

how much free cash flow do you think that business can generate on a sustainable basis

Could you help us just unpack what exactly is driving that drop? Does it mean the ARO spend is going up in a meaningful way next year

Could you give some specific example on what you're expecting to see on the LOE side to offset the inflationary pressure

reconciling, back on the cost optimization, the $130 million average saving for the year to the $225 million run rate expected for year-end 2025

Is there anything structurally changing how the organization is being run or the milestones that's being set to just give us a bit of comfort

What is your current assessment of your years of inventory life in both the Delaware and Midland today

Can we get a bit more color on the decision process from ConocoPhillips’ perspective to lean into Permian activity now?

Can you speak to the objective of that exploration program? What's the risk? How big is the scale of the resource being targeted?

can you speak to the CapEx trajectory there, and how do you see the free cash flow progressing from the lower 48

I was wondering if you guys can give an early read on how you're thinking about 2026 at the moment with the additional cost savings

is it fair to think you will be more willing to let reinvestment rate run a bit higher given where you are in the investment cycle

Marathon Synergy accounted for $500 million of that reduction. But could you just give a bit more color on what are the other drivers

How do you think about the allocation of your excess free cash flow between debt reduction and buyback going forward? Is there a reason not to think we can get back to that 100% return level into n...

relative to your internal expectations, how is the production profile on the wells tracked versus your initial guide. And with activity now towards the high end, does that change your views on how ...

Can you just give us a bit more detail around why the 2025 cash taxes is going down more?

should we expect once the term loan is paid off, you will start accelerating on the buyback again?

if you're focusing on the future roles just on Wolfcamp, are you going back to the Harkey on those roads? And does that have any impact on the mix of wells

TCO is producing above 1 million BOE per day, so that is above nameplate capacity and coming back from disruptions in 1Q

How is it performing relative to your expectations with the cross-learning between the two teams? And how do you think about the Bakken position overall today

Could we see some upside to that distribution number for '25 and '26?

How are the customer conversations going? You've spent $400 million of inorganic CapEx in the JV in 1Q.

I want to ask about how do you think about the capital commitment for Chevron related to that venture

How do you view the optimal debt level going forward? Would you ever want to be at net zero net debt

could you speak to the logistics of having a new buyback authorized under the new board? You alluded to going beyond the legacy level

do you see other resource opportunities that's getting unlocked now that was previously uneconomical under the prior higher cost structure?

What do you think is the optimal debt level for this business going forward?

how much could we see maintenance CapEx coming down over the next couple of years

which assets do you think has more flexibility to slow down?

just want to get your take on the materiality of AI integration on your operations and exploration efforts

What was the impetus to drill that well? And clearly, I see that more as a dry gas option in the portfolio

how much would be the ideal amount that you sell first of month? How much you want to sell into the cash market

can you just expand on how you assess the value of these? And is the flow through to upstream benefits coming from pricing uplift or volume growth

do you see opportunity to sign separate sales agreements on the upstream side? For you guys to lock in premium pricing similar to what you have done in the past

are you looking at M2 specifically that you need to see maybe M2 getting to narrow its discount to, I don't know, $0.50 or something better than where it's now

What is your appetite for M&A in the Northeast?

Just how you came up with that target, and do you see that as a reasonably achievable number, or is it more of a stretch goal

do you see your gas realization and this just narrowing over time as you start capturing all these opportunities?

Maybe bigger picture, what are you looking to achieve with these type of bolt-on/small deals?

How to think about determining the available cash flow for cash return for the rest of the year

I actually want to ask about your crude oil marketing. So 1Q pricing was a bit stronger. Can you just remind us your exposure to premium price indices

I want to ask about the acquisition line item in 1Q, there are just a few hundred billion. Are you guys seeing any organic acquisitions

there is an increase in other zones and also Wolfcamp B, yet at the same time, you're able to maintain performance

going into PRB, what will be a good baseline to think about going forward? Well, PRB typically higher cost as well

how much of the saving is sustainable to '27? Is there anything getting deferred from '26 into 2027

What would be the cash tax saving potential beyond 2027? Do you go back to where it was before? Or you continue to expect savings

I was wondering if that changes your strategic focus around the carbon business towards potentially more point source opportunities for EOR purposes

the Rockies program in 2025, but also how you see that develop and evolving over the next few years

There's that fifteen billion dollar net debt target still out there. Do you still feel good about reaching that level by late 2026 or early 2027

whether today's disruptions have changed your long-term view on LNG macro

how should we expect this to manifest maybe financially across the portfolio

any appetite to start offering maybe traditional power first

how do you see the low carbon business opportunity set and CapEx evolving versus what was laid out in the December Analyst Day

under what market condition, what weren't exercising that flexibility

your data center strategy for enabling the expansion of AI