Q3 2023 Earnings Presentation

Delaware - Capital Efficiency Improvements. IMPROVING WELL PRODUCTIVITY AVG. 30-DAY INITIAL PRODUCTION RESULTS >20% IMPROVEMENT (VS. 1H 2023) 3,010 2,470 COMPLETION EFFICIENCIES COMPLETED FEET PER DAY (ALL FORMATIONS) 2,856 2,101 1,911 1,955 23% 1,713 2020 2021 IMPROVEMENT (2023 vs. 2020) 2022 2023 YTD Best Well DRILLING EFFICIENCIES DRILLED FEET PER DAY (ALL FORMATIONS) 1,316 1,065 999 1,002 943 6% IMPROVEMENT (2023 vs. 2020) 1H 2023 Q3 2023 2020 2021 2022 2023 YTD Best Well Q3 2023 Earnings Presentation 17

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