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Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Industry Segment Results

Industry segment results for the three months ended June 30, 2022 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	923,269					$	79,583					$	554					$	1,003,406																										(A)
Purchased Gas Revenue									—						—						46,552						46,552
Loss on Commodity Derivative Instruments									(489,026)						(41,222)						(122,395)						(652,643)
Other Revenue and Operating Income									17,990						—						5,113						23,103																											(B)
Total Revenue and Other Operating Income (Loss)									$	452,233					$	38,361					$	(70,176)					$	420,418
Total Operating Expense									$	189,884					$	31,470					$	109,169					$	330,523
Earnings (Loss) Before Income Tax									$	262,349					$	6,891					$	(222,316)					$	46,924
Segment Assets									$	6,417,552					$	969,944					$	1,308,394					$	8,695,890																										(C)
Depreciation, Depletion and Amortization									$	95,910					$	13,037					$	7,233					$	116,180
Capital Expenditures									$	131,279					$	3,526					$	1,863					$	136,668

(A)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $117,460 to Direct Energy Business Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(B)    Includes midstream revenue of $17,990 and equity in earnings of unconsolidated affiliates of $1,377 for Shale and Other, respectively.

(C)    Includes investments in unconsolidated equity affiliates of $14,978.

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

 

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	332,659					$	36,505					$	285					$	369,449																										(D)
Purchased Gas Revenue									—						—						16,706						16,706
Loss on Commodity Derivative Instruments									(9,394)						(962)						(528,503)						(538,859)
Other Revenue and Operating Income									18,679						—						6,815						25,494																											(E)
Total Revenue and Other Operating Income (Loss)									$	341,944					$	35,543					$	(504,697)					$	(127,210)
Total Operating Expense									$	191,996					$	28,204					$	60,511					$	280,711
Earnings (Loss) Before Income Tax									$	149,948					$	7,339					$	(603,463)					$	(446,176)
Segment Assets									$	6,095,486					$	1,069,470					$	907,154					$	8,072,110																										(F)
Depreciation, Depletion and Amortization									$	104,380					$	14,264					$	3,963					$	122,607
Capital Expenditures									$	127,230					$	1,502					$	226					$	128,958

(D)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $60,162 to Citadel Energy Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(E)    Includes midstream revenue of $18,679 and equity in earnings of unconsolidated affiliates of $1,553 for Shale and Other, respectively.

(F)    Includes investments in unconsolidated equity affiliates of $16,726.

Industry segment results for the six months ended June 30, 2022 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	1,604,080					$	142,955					$	995					$	1,748,030																										(A)
Purchased Gas Revenue									—						—						92,393						92,393
Loss on Commodity Derivative Instruments									(738,484)						(62,501)						(1,578,051)						(2,379,036)
Other Revenue and Operating Income									35,647						—						10,286						45,933																											(B)
Total Revenue and Other Operating Income (Loss)									$	901,243					$	80,454					$	(1,474,377)					$	(492,680)
Total Operating Expense									$	387,313					$	62,050					$	203,630					$	652,993
Earnings (Loss) Before Income Tax									$	513,930					$	18,404					$	(1,733,916)					$	(1,201,582)
Segment Assets									$	6,417,552					$	969,944					$	1,308,394					$	8,695,890																										(C)
Depreciation, Depletion and Amortization									$	197,354					$	26,276					$	11,173					$	234,803
Capital Expenditures									$	250,079					$	5,921					$	2,984					$	258,984

(A)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $213,299 to Direct Energy Business Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(B)    Includes midstream revenue of $35,647 and equity in earnings of unconsolidated affiliates of $2,177 for Shale and Other, respectively.

(C)    Includes investments in unconsolidated equity affiliates of $14,978.

Industry segment results for the six months ended June 30, 2021 are:

 

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	674,828					$	75,409					$	437					$	750,674																										(D)
Purchased Gas Revenue									—						—						50,190						50,190
Loss on Commodity Derivative Instruments									(7,212)						(740)						(497,493)						(505,445)
Other Revenue and Operating Income									37,745						—						12,700						50,445																											(E)
Total Revenue and Other Operating Income (Loss)									$	705,361					$	74,669					$	(434,166)					$	345,864
Total Operating Expense									$	380,707					$	56,759					$	143,050					$	580,516
Earnings (Loss) Before Income Tax									$	324,654					$	17,910					$	(653,335)					$	(310,771)
Segment Assets									$	6,095,486					$	1,069,470					$	907,154					$	8,072,110																										(F)
Depreciation, Depletion and Amortization									$	213,886					$	29,747					$	7,918					$	251,551
Capital Expenditures									$	248,348					$	3,644					$	395					$	252,387

(D)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $100,465 to Citadel Energy marketing LLC and $80,189 to Direct Energy Business Marketing LLC, each of which comprises over 10% of revenue from contracts with external customers for the period.

(E)    Includes midstream revenue of $37,745 and equity in earnings of unconsolidated affiliates of $2,504 for Shale and Other, respectively.

(F)    Includes investments in unconsolidated equity affiliates of $16,726.

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

Revenue and Other Operating Income (Loss)

			For the Three Months Ended June 30,												For the Six Months Ended June 30,
			2022						2021						2022						2021
Total Segment Revenue from Contracts with External Customers			$	1,067,948					$	404,834					$	1,876,070					$	838,609
Loss on Commodity Derivative Instruments			(652,643)						(538,859)						(2,379,036)						(505,445)
Other Operating Income			5,113						6,815						10,286						12,700
Total Consolidated Revenue and Other Operating Income (Loss)			$	420,418					$	(127,210)					$	(492,680)					$	345,864

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