41 unchanged sentences
Equity Price Risk
−Removed: As of September 30, 2022, we had equity securities in ADNOC Drilling with a total fair value of $147.4 million.
−Removed: As of September 30, 2021 we had equity securities in Schlumberger Ltd.
−Removed: with a total fair value of $13.9 million.
+Added: As of September 30, 2023, we had equity securities in Tamboran with a total fair value of $9.9 million.
+Added: As of September 30, 2023 and 2022 we had equity securities in ADNOC Drilling with a total fair value of $174.8 million and $147.4 million, respectively.
Our investment in ADNOC Drilling is subject to a three-year lockup period.
We have applied the guidance in Topic 820, Fair Value Measurement, in the initial accounting of the transaction and the subsequent revaluation of the investment balance, concluding that the contractual restriction on the sale of an equity security that is publicly traded is not considered in measuring fair value.
−Removed: During the fiscal year ended September 30, 2022, we sold our remaining equity securities of approximately 467.5 thousand shares in Schlumberger, Ltd.
−Removed: and received proceeds of approximately $22.0 million.
A hypothetical 10 percent decrease in the market price for our marketable equity securities as of September 30, 2023 would decrease the fair value by $18.5 million.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.