Net profit fell to $374 million in Q1, down from $453 million a year earlier.
Revenue surged to $2.67 billion, driven by record production of 406,000 boepd and higher oil‑gas prices.
Operating profit rose to $1.31 billion and pre‑tax profit to $1.41 billion, while higher taxes offset gains.
Company declared a $300 million dividend for Q1 and expects a similar payout in Q2, maintaining guidance of 390‑410 k boepd.