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Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Industry Segment Results

Industry segment results for the three months ended September 30, 2023 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	227,421					$	27,529					$	174					$	255,124																										(A)
Purchased Gas Revenue									—						—						11,135						11,135
Gain (Loss) on Commodity Derivative Instruments									94,520						7,314						(54,031)						47,803
Other Revenue and Operating Income									16,383						—						20,061						36,444																											(B)
Total Revenue and Other Operating Income (Loss)									$	338,324					$	34,843					$	(22,661)					$	350,506
Total Operating Expense									$	192,012					$	35,742					$	72,189					$	299,943
Earnings (Loss) Before Income Tax									$	146,312					$	(899)					$	(126,171)					$	19,242
Segment Assets									$	6,641,021					$	946,034					$	905,582					$	8,492,637																										(C)
Depreciation, Depletion and Amortization									$	94,660					$	12,498					$	4,697					$	111,855
Capital Expenditures									$	188,798					$	9,655					$	7,189					$	205,642

(A)    Included in Natural Gas, NGLs and Oil Revenue are sales of $42,766 to Citadel Energy Marketing LLC and $35,095 to NRG Business Marketing LLC (formerly Direct Energy Business Marketing LLC), each of which comprises over 10% of revenue from contracts with external customers for the period.

(B)    Includes midstream revenue of $16,383 and equity in earnings of unconsolidated affiliates of $246 for Shale and Other, respectively. Other also includes sales of environmental attributes of $14,837.

(C)    Other includes investments in unconsolidated equity affiliates of $12,408.

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																										(D)
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																											(E)
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																										(F)
Depreciation, Depletion and Amortization									$	97,121					$	12,946					$	4,100					$	114,167
Capital Expenditures									$	129,302					$	3,038					$	1,213					$	133,553

(D)    Included in 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.

(E)    Includes midstream revenue of $16,388 and equity in earnings of unconsolidated affiliates of $854 for Shale and Other, respectively.

(F)    Other includes investments in unconsolidated equity affiliates of $13,332.

Industry segment results for the nine months ended September 30, 2023 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	868,811					$	98,199					$	813					$	967,823																										(G)
Purchased Gas Revenue									—						—						57,302						57,302
Gain on Commodity Derivative Instruments									111,706						8,644						1,232,092						1,352,442
Other Revenue and Operating Income									50,165						—						38,449						88,614																											(H)
Total Revenue and Other Operating Income									$	1,030,682					$	106,843					$	1,328,656					$	2,466,181
Total Operating Expense									$	551,631					$	106,181					$	234,361					$	892,173
Earnings Before Income Tax									$	479,051					$	662					$	1,104,207					$	1,583,920
Segment Assets									$	6,641,021					$	946,034					$	905,582					$	8,492,637																										(I)
Depreciation, Depletion and Amortization									$	269,586					$	37,530					$	13,642					$	320,758
Capital Expenditures									$	534,432					$	26,744					$	10,479					$	571,655

(G)    Included in Natural Gas, NGLs and Oil Revenue are sales of $124,195 to Citadel Energy Marketing LLC and $121,844 to NRG Business Marketing LLC (formerly Direct Energy Business Marketing LLC), each of which comprises over 10% of revenue from contracts with external customers for the period.

(H)    Includes midstream revenue of $50,165 and equity in earnings of unconsolidated affiliates of $1,694 for Shale and Other, respectively. Other also includes sales of environmental attributes of $22,823.

(I)    Other includes investments in unconsolidated equity affiliates of $12,408.

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																										(J)
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																											(K)
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																										(L)
Depreciation, Depletion and Amortization									$	294,475					$	39,222					$	15,273					$	348,970
Capital Expenditures									$	379,381					$	8,959					$	4,197					$	392,537

(J)    Included in 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.

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

(L)    Other includes investments in unconsolidated equity affiliates of $13,332.

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,
			2023						2022						2023						2022
Total Segment Revenue from Contracts with External Customers			$	282,642					$	1,175,467					$	1,075,290					$	3,051,538
Gain (Loss) on Commodity Derivative Instruments			47,803						(1,062,353)						1,352,442						(3,441,389)
Other Operating Income			20,061						3,947						38,449						14,232
Total Consolidated Revenue and Other Operating Income (Loss)			$	350,506					$	117,061					$	2,466,181					$	(375,619)

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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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