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Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Industry Segment Results

Industry segment results for the three months ended September 30, 2021 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGL and Oil Revenue									$	536,412					$	49,107					$	396					$	585,915																										(A)
Purchased Gas Revenue									—						—						16,311						16,311
Loss on Commodity Derivative Instruments									(119,429)						(11,620)						(1,376,221)						(1,507,270)
Other Revenue and Operating Income									19,050						—						5,733						24,783																											(B)
Total Revenue and Other Operating Income (Loss)									$	436,033					$	37,487					$	(1,353,781)					$	(880,261)
Total Operating Expense									$	206,703					$	30,124					$	68,031					$	304,858
Earnings (Loss) Before Income Tax									$	229,330					$	7,363					$	(1,469,140)					$	(1,232,447)
Segment Assets									$	6,076,533					$	1,057,543					$	1,094,077					$	8,228,153																										(C)
Depreciation, Depletion and Amortization									$	111,643					$	14,031					$	4,060					$	129,734
Capital Expenditures									$	94,317					$	2,105					$	341					$	96,763

(A)    Included in Total Natural Gas, NGL and Oil Revenue are sales of $93,499 to Citadel Energy Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(B)    Includes midstream revenue of $19,050 and equity in earnings of unconsolidated affiliates of $995 for Shale and Other, respectively.

(C)    Includes investments in unconsolidated equity affiliates of $17,020.

Industry segment results for the three months ended September 30, 2020 are:

 

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGL and Oil Revenue									$	155,792					$	25,667					$	754					$	182,213																										(D)
Purchased Gas Revenue									—						—						31,541						31,541
Gain (Loss) on Commodity Derivative Instruments									79,773						10,518						(259,125)						(168,834)
Other Revenue and Operating Income									16,689						—						4,466						21,155																											(E)
Total Revenue and Other Operating Income (Loss)									$	252,254					$	36,185					$	(222,364)					$	66,075
Total Operating Expense									$	165,587					$	30,439					$	83,479					$	279,505
Earnings (Loss) Before Income Tax									$	86,667					$	5,746					$	(342,485)					$	(250,072)
Segment Assets									$	6,070,356					$	1,125,312					$	933,506					$	8,129,174																										(F)
Depreciation, Depletion and Amortization									$	94,617					$	15,763					$	4,084					$	114,464
Capital Expenditures									$	105,988					$	2,310					$	37					$	108,335

(D)    Included in Total Natural Gas, NGL and Oil Revenue are sales of $35,645 to Direct Energy Business Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(E)    Includes midstream revenue of $16,689 and equity in earnings of unconsolidated affiliates of $396 for Shale and Other, respectively.

(F)    Includes investments in unconsolidated equity affiliates of $15,685.

Industry segment results for the nine months ended September 30, 2021 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGL and Oil Revenue									$	1,211,239					$	124,516					$	833					$	1,336,588																										(A)
Purchased Gas Revenue									—						—						66,500						66,500
Loss on Commodity Derivative Instruments									(126,641)						(12,359)						(1,873,714)						(2,012,714)
Other Revenue and Operating Income									56,795						—						18,432						75,227																											(B)
Total Revenue and Other Operating Income (Loss)									$	1,141,393					$	112,157					$	(1,787,949)					$	(534,399)
Total Operating Expense									$	587,409					$	86,883					$	211,080					$	885,372
Earnings (Loss) Before Income Tax									$	553,984					$	25,274					$	(2,122,478)					$	(1,543,220)
Segment Assets									$	6,076,533					$	1,057,543					$	1,094,077					$	8,228,153																										(C)
Depreciation, Depletion and Amortization									$	325,529					$	43,779					$	11,976					$	381,284
Capital Expenditures									$	342,665					$	5,749					$	736					$	349,150

(A)    Included in Total Natural Gas, NGL and Oil Revenue are sales of $193,964 to Citadel Energy Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(B)    Includes midstream revenue of $56,795 and equity in earnings of unconsolidated affiliates of $3,499 for Shale and Other, respectively.

(C)    Includes investments in unconsolidated equity affiliates of $17,020.

Industry segment results for the nine months ended September 30, 2020 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGL and Oil Revenue									$	528,913					$	79,319					$	1,251					$	609,483																										(D)
Purchased Gas Revenue									—						—						78,324						78,324
Gain (Loss) on Commodity Derivative Instruments									266,488						33,210						(416,693)						(116,995)																											(E)
Other Revenue and Operating Income									47,286						—						13,177						60,463																											(F)
Total Revenue and Other Operating Income (Loss)									$	842,687					$	112,529					$	(323,941)					$	631,275
Total Operating Expense									$	511,653					$	94,113					$	779,532					$	1,385,298
Earnings (Loss) Before Income Tax									$	331,034					$	18,416					$	(1,216,459)					$	(867,009)
Segment Assets									$	6,070,356					$	1,125,312					$	933,506					$	8,129,174																										(G)
Depreciation, Depletion and Amortization									$	295,648					$	49,903					$	11,623					$	357,174
Capital Expenditures									$	385,763					$	6,796					$	2,677					$	395,236

(D)    Included in Total Natural Gas, NGL and Oil Revenue are sales of $115,011 to Direct Energy Business Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(E) Included in Other is a realized gain on commodity derivative instruments of $83,997 related to the monetization of hedges (see Note 11 - Derivative Instruments for more information).

(F)    Includes midstream revenue of $47,286 and equity in losses of unconsolidated affiliates of $1,025 for Shale and Other, respectively.

(G)    Includes investments in unconsolidated equity affiliates of $15,685.

Reconciliation of Revenue and Other Operating (Loss) Income from Segments to Consolidated

Revenue and Other Operating (Loss) Income

			For the Three Months Ended September 30,												For the Nine Months Ended September 30,
			2021						2020						2021						2020
Total Segment Revenue from Contracts with External Customers			$	621,276					$	230,443					$	1,459,883					$	735,093
Loss on Commodity Derivative Instruments			(1,507,270)						(168,834)						(2,012,714)						(116,995)
Other Operating Income			5,733						4,466						18,432						13,177
Total Consolidated Revenue and Other Operating (Loss) Income			$	(880,261)					$	66,075					$	(534,399)					$	631,275

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

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