Q3 2023 Earnings Presentation

Inventory Depth Underpins Delaware Sustainability Gross Operated Locations 10,000 8,000 6,000 4,000 2,000 0 DELAWARE BASIN INVENTORY BY KEY OPERATOR SOURCE: ENVERUS INTELLIGENCE ■ Multi-decade resource opportunity across 400,000 net acres ■ PV-10 breakeven: ~$40 WTI per economically proven location ■ Delaware represents ~60% of total company risked resource devon Note: Date sourced from Enverus Permian Inventory Report dated 8/8/2023. Q3 2023 Earnings Presentation TOP DELAWARE PRODUCERS Geologically Viable Economically Proven 19

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