XML 76 R51.htm IDEA: XBRL DOCUMENT v3.22.4

Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Industry segment results for the year ended December 31, 2022 are:

						Shale						Coalbed Methane						Other																														Consolidated
Natural Gas, NGLs and Oil Revenue						$	3,334,677					$	314,695					$	2,740																													$	3,652,112		(A)
Purchased Gas Revenue						—						—						185,552																														185,552
Loss on Commodity Derivative Instruments						(1,672,974)						(139,131)						(851,670)																														(2,663,775)
Other Revenue and Operating Income						69,618						—						17,704																														87,322			(B)
Total Revenue and Other Operating Income (Loss)						$	1,731,321					$	175,564					$	(645,674)																													$	1,261,211
Total Operating Expense						$	790,960					$	131,426					$	399,255																													$	1,321,641
Earnings (Loss) Before Income Tax						$	940,361					$	44,138					$	(1,196,446)																													$	(211,947)
Segment Assets						$	6,452,075					$	959,126					$	1,104,572																													$	8,515,773		(C)
Depreciation, Depletion and Amortization						$	388,641					$	53,201					$	19,373																													$	461,215
Capital Expenditures						$	544,914					$	15,043					$	5,797																													$	565,754

(A)     Included in Total Natural Gas, NGLs and Oil Revenue are sales of $453,501 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 $69,618 and equity in earnings of unconsolidated affiliates of $1,412 for Shale and Other, respectively.

(C)    Includes investments in unconsolidated equity affiliates of $11,714 .

Industry segment results for the year ended December 31, 2021 are:

									Shale						Coalbed Methane						Other																														Consolidated
Natural Gas, NGLs and Oil Revenue									$	1,988,993					$	193,578					$	1,358																													$	2,183,929		(D)
Purchased Gas Revenue									—						—						99,713																														99,713
Loss on Commodity Derivative Instruments									(492,526)						(46,304)						(1,093,903)																														(1,632,733)
Other Revenue and Operating Income									81,267						—						24,616																														105,883			(E)
Total Revenue and Other Operating Income (Loss)									$	1,577,734					$	147,274					$	(968,216)																													$	756,792
Total Operating Expense									$	804,004					$	117,900					$	312,970																													$	1,234,874
Earnings (Loss) Before Income Tax									$	773,730					$	29,374					$	(1,439,617)																													$	(636,513)
Segment Assets									$	6,071,495					$	1,047,851					$	981,405																													$	8,100,751		(F)
Depreciation, Depletion and Amortization									$	440,024					$	58,602					$	16,492																													$	515,118
Capital Expenditures									$	453,603					$	10,880					$	1,378																													$	465,861

(D)     Included in Total Natural Gas, NGLs and Oil Revenue are sales of $334,407 to Citadel Energy Marketing LLC and $235,760 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 $81,267 and equity in earnings of unconsolidated affiliates of $5,780 for Shale and Other, respectively.

(F)    Includes investments in unconsolidated equity affiliates of $17,301.

Industry segment results for the year ended December 31, 2020 are:

									Shale						Coalbed Methane						Other																		Consolidated
Natural Gas, NGLs and Oil Revenue									$	781,038					$	114,366					$	1,341																	$	896,745		(G)
Purchased Gas Revenue									—						—						105,792																		105,792
Gain (Loss) on Commodity Derivative Instruments									337,269						39,884						(204,171)																		172,982			(H)
Other Revenue and Operating Income									64,710						—						17,749																		82,459			(I)
Total Revenue and Other Operating Income (Loss)									$	1,183,017					$	154,250					$	(79,289)																	$	1,257,978
Total Operating Expense									$	709,036					$	127,845					$	860,863																	$	1,697,744
Earnings (Loss) Before Income Tax									$	473,981					$	26,405					$	(1,103,217)																	$	(602,831)
Segment Assets									$	6,068,933					$	1,095,816					$	877,015																	$	8,041,764		(J)
Depreciation, Depletion and Amortization									$	416,441					$	69,745					$	15,635																	$	501,821
Capital Expenditures									$	474,545					$	9,789					$	2,957																	$	487,291

(G)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $167,390 to Direct Energy Business Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(H) Included in Other is a realized gain on commodity derivative instruments of $83,997 related to the monetization of hedges (see Note 19 – Derivative Instruments for more information).

(I)    Includes midstream revenue of $64,710 and equity in losses of unconsolidated affiliates of $688 for Shale and Other, respectively.

(J)    Includes investments in unconsolidated equity affiliates of $16,022.

Reconciliation of Revenue from Segments to Consolidated

Revenue and Other Operating Income:

						For the Years Ended December 31,
						2022						2021						2020
Total Segment Revenue from Contracts with External Customers						$	3,907,282					$	2,364,909					$	1,067,247
(Loss) Gain on Commodity Derivative Instruments						(2,663,775)						(1,632,733)						172,982
Other Operating Income						17,704						24,616						17,749
Total Consolidated Revenue and Other Operating Income						$	1,261,211					$	756,792					$	1,257,978

X

- Definition

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

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration