Risk Factors Update Summary
- The rise in production of unconventional oil and gas resources could negatively impact oil and gas prices.
- Changes in U.S. and international tax laws and policies could adversely affect financial results.
- Increased focus on ESG standards may lead to reduced investment in the hydrocarbon industry.
- Failure to comply with cybersecurity laws could result in significant compliance costs and penalties.
- Uncertain economic conditions may lead to postponed capital spending, affecting financial results.
- Extreme weather events may result in increased operating costs or revenue decreases.
- Changes in environmental regulations may increase operating costs and capital expenditures.
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=98222&owner=exclude
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