Risk Factors Update Summary
- Revenues impacted by volatile commodity prices; WTI crude oil prices ranged from $38.67 to $124.94 per barrel.
- Dependence on successful resource replacement; failure may affect operations and financial condition.
- Potential regulatory impact on emissions; new methane regulations could lead to additional capital expenditures.
- Increased focus on achieving net-zero emissions by 2050, setting ambitious targets.
- Growing cybersecurity threats; reliance on digital tech increases risks, including potential data breaches.
- Cybersecurity risks; potential consequences of a breach include operational disruptions, financial impacts, and reputational damage.
- Political and regulatory risks; changes in policies may impact operations and financial results.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1163165&owner=exclude
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