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EXE
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Oil & Gas Exploration & Production
Oil & Gas Exploration & ProductionAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health64
Growth70
Profitability65
Cash generation72
Balance sheet74
Dilution control40
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)10.8%Revenue growth (FY)186.3%Revenue CAGR (3y)1.1%Gross margin—Operating margin20.4%Net margin15.0%Free cash flow margin15.2%R&D / revenue—Stock comp / revenue0.4%Net debt / operating cash flow0.96xCurrent ratio1.01Diluted share count change53.1%
| Fiscal year ending | FY 2020-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $5.2B | $11.7B | $8.7B | $4.2B | $12.1B |
| Operating income | -$8.7B | $3.8B | $3.1B | -$803M | $2.5B |
| Net income | -$9.7B | $4.9B | $2.4B | -$714M | $1.8B |
| Operating cash flow | $1.2B | $4.1B | $2.4B | $1.6B | $4.6B |
| Capital expenditure | $1.1B | $1.8B | $1.8B | $1.6B | $2.7B |
| Free cash flow | $22M | $2.3B | $551M | $8M | $1.8B |
| Stock-based comp | $21M | $22M | $33M | $38M | $46M |
| Buybacks | $0 | $1.1B | $355M | $0 | $100M |
| Dividends | $0 | $1.2B | $487M | $388M | $765M |
| Cash | $279M | $130M | $1.1B | $317M | $616M |
| Total debt | $1.9B | $3.0B | $2.0B | $6.1B | $5.0B |
| Equity | -$5.3B | $9.1B | $10.7B | $17.6B | $18.6B |
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