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Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Industry Segment Results

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

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	1,029,854					$	96,360					$	1,127					$	1,127,341																										(A)
Purchased Gas Revenue									—						—						31,738						31,738
Loss on Commodity Derivative Instruments									(601,979)						(48,945)						(411,429)						(1,062,353)
Other Revenue and Operating Income									16,388						—						3,947						20,335																											(B)
Total Revenue and Other Operating Income (Loss)									$	444,263					$	47,415					$	(374,617)					$	117,061
Total Operating Expense									$	205,866					$	33,399					$	86,208					$	325,473
Earnings (Loss) Before Income Tax									$	238,397					$	14,016					$	(519,128)					$	(266,715)
Segment Assets									$	6,397,404					$	1,269,492					$	966,230					$	8,633,126																										(C)
Depreciation, Depletion and Amortization									$	97,121					$	12,946					$	4,100					$	114,167
Capital Expenditures									$	129,302					$	3,038					$	1,213					$	133,553

(A)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $138,349 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 $16,388 and equity in earnings of unconsolidated affiliates of $854 for Shale and Other, respectively.

(C)    Includes investments in unconsolidated equity affiliates of $13,332.

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

 

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	536,412					$	49,107					$	396					$	585,915																										(D)
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																											(E)
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																										(F)
Depreciation, Depletion and Amortization									$	111,643					$	14,031					$	4,060					$	129,734
Capital Expenditures									$	94,317					$	2,105					$	341					$	96,763

(D)    Included in Total Natural Gas, NGLs 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.

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

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

Industry segment results for the nine months ended September 30, 2022 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	2,633,934					$	239,316					$	2,121					$	2,875,371																										(G)
Purchased Gas Revenue									—						—						124,132						124,132
Loss on Commodity Derivative Instruments									(1,340,463)						(111,446)						(1,989,480)						(3,441,389)
Other Revenue and Operating Income									52,035						—						14,232						66,267																											(H)
Total Revenue and Other Operating Income (Loss)									$	1,345,506					$	127,870					$	(1,848,995)					$	(375,619)
Total Operating Expense									$	593,179					$	95,449					$	289,840					$	978,468
Earnings (Loss) Before Income Tax									$	752,327					$	32,421					$	(2,253,045)					$	(1,468,297)
Segment Assets									$	6,397,404					$	1,269,492					$	966,230					$	8,633,126																										(I)
Depreciation, Depletion and Amortization									$	294,475					$	39,222					$	15,273					$	348,970
Capital Expenditures									$	379,381					$	8,959					$	4,197					$	392,537

(G)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $351,649 to Direct Energy Business Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(H)    Includes midstream revenue of $52,035 and equity in earnings of unconsolidated affiliates of $3,031 for Shale and Other, respectively.

(I)    Includes investments in unconsolidated equity affiliates of $13,332.

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

 

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	1,211,239					$	124,516					$	833					$	1,336,588																										(J)
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																											(K)
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																										(L)
Depreciation, Depletion and Amortization									$	325,529					$	43,779					$	11,976					$	381,284
Capital Expenditures									$	342,665					$	5,749					$	736					$	349,150

(J)    Included in Total Natural Gas, NGLs 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.

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

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

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

Revenue and Other Operating Income (Loss)

			For the Three Months Ended September 30,												For the Nine Months Ended September 30,
			2022						2021						2022						2021
Total Segment Revenue from Contracts with External Customers			$	1,175,467					$	621,276					$	3,051,538					$	1,459,883
Loss on Commodity Derivative Instruments			(1,062,353)						(1,507,270)						(3,441,389)						(2,012,714)
Other Operating Income			3,947						5,733						14,232						18,432
Total Consolidated Revenue and Other Operating Income (Loss)			$	117,061					$	(880,261)					$	(375,619)					$	(534,399)

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- 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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