Q3 2023 Earnings Presentation

Our Investment-Grade Financial Position Strong liquidity with minimal near-term debt maturities Outstanding debt maturities through 2030 ($MM) $3,761 Cash $761 Credit Facility $3,000 Liquidity (9/30/2023) 2023 EXECUTING ON OUR FINANCIAL STRATEGY $472 $485 2024 ✓ Reduced outstanding debt by ~$1.5 billion since merger close Net debt-to-EBITDAX: 0.7x (at 9/30/2023) ✓ Significant flexibility with minimal near-term debt maturities ✓ ~60% of outstanding debt obligations mature after 2030 (1) $463 (1) $325 $585 2025 2026 2027 2028 2029 2030 (1) $390 million of notes due in 2027 are callable and all of notes due in 2028 are callable at a fixed price. | Q3 2023 Earnings Presentation 25

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