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Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Industry Segment Results

Industry segment results for the three months ended March 31, 2023 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	407,198					$	48,036					$	405					$	455,639																										(A)
Purchased Gas Revenue									—						—						36,812						36,812
(Loss) Gain on Commodity Derivative Instruments									(56,336)						(4,672)						823,175						762,167
Other Revenue and Operating Income									16,754						—						4,605						21,359																											(B)
Total Revenue and Other Operating Income									$	367,616					$	43,364					$	864,997					$	1,275,977
Total Operating Expense									$	188,117					$	36,420					$	96,062					$	320,599
Earnings Before Income Tax									$	179,499					$	6,944					$	741,513					$	927,956
Segment Assets									$	6,536,697					$	955,280					$	848,168					$	8,340,145																										(C)
Depreciation, Depletion and Amortization									$	88,110					$	12,447					$	4,665					$	105,222
Capital Expenditures									$	159,349					$	9,459					$	1,220					$	170,028

(A)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $55,101 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 $16,754 and equity in earnings of unconsolidated affiliates of $114 for Shale and Other, respectively.

(C)    Includes investments in unconsolidated equity affiliates of $11,828.

Industry segment results for the three months ended March 31, 2022 are:

 

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	680,811					$	63,373					$	441					$	744,625																										(D)
Purchased Gas Revenue									—						—						45,841						45,841
Loss on Commodity Derivative Instruments									(249,458)						(21,280)						(1,455,656)						(1,726,394)
Other Revenue and Operating Income									17,657						—						5,173						22,830																											(E)
Total Revenue and Other Operating Income (Loss)									$	449,010					$	42,093					$	(1,404,201)					$	(913,098)
Total Operating Expense									$	197,429					$	30,580					$	94,460					$	322,469
Earnings (Loss) Before Income Tax									$	251,581					$	11,513					$	(1,511,599)					$	(1,248,505)
Segment Assets									$	6,020,173					$	1,032,602					$	1,170,749					$	8,223,524																										(F)
Depreciation, Depletion and Amortization									$	101,444					$	13,239					$	3,940					$	118,623
Capital Expenditures									$	118,800					$	2,395					$	1,121					$	122,316

(D)    Included in Total Natural Gas, NGLs and Oil Revenue are sales of $91,992 to Direct Energy Business Marketing LLC and $86,564 to Citadel Energy Marketing LLC, each of which comprises over 10% of revenue from contracts with external customers for the period.

(E)    Includes midstream revenue of $17,657 and equity in earnings of unconsolidated affiliates of $800 for Shale and Other, respectively.

(F)    Includes investments in unconsolidated equity affiliates of $15,602.

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

Revenue and Other Operating Income (Loss)

									For the Three Months Ended March 31,
															2023						2022
Total Segment Revenue from Contracts with External Customers															$	509,205					$	808,123
Gain (Loss) on Commodity Derivative Instruments															762,167						(1,726,394)
Other Operating Income															4,605						5,173
Total Consolidated Revenue and Other Operating Income (Loss)															$	1,275,977					$	(913,098)

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