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Segment Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Industry segment results for the year ended December 31, 2023 are:

						Shale						Coalbed Methane						Other																														Consolidated
Natural Gas, NGLs and Oil Revenue						$	1,170,393					$	130,763					$	1,062																													$	1,302,218		(A)
Purchased Gas Revenue						—						—						74,218																														74,218
Gain on Commodity Derivative Instruments						151,408						11,554						1,765,690																														1,928,652
Other Revenue and Operating Income						66,559						—						63,301																														129,860			(B)
Total Revenue and Other Operating Income						$	1,388,360					$	142,317					$	1,904,271																													$	3,434,948
Total Operating Expense						$	746,050					$	141,708					$	304,351																													$	1,192,109
Earnings Before Income Tax						$	642,310					$	609					$	1,580,006																													$	2,222,925
Segment Assets						$	6,656,655					$	948,795					$	1,021,207																													$	8,626,657		(C)
Depreciation, Depletion and Amortization						$	365,020					$	50,052					$	18,514																													$	433,586
Capital Expenditures						$	629,631					$	36,804					$	12,969																													$	679,404

(A)     Included in Total Natural Gas, NGLs and Oil Revenue are sales of $180,039 to Citadel Energy Marketing LLC and $165,465 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 $66,559 and equity in earnings of unconsolidated affiliates of $2,942 for Shale and Other, respectively. Other also includes sales of environmental attributes of $40,685.

(C)    Includes investments in unconsolidated equity affiliates of $13,682.

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		(D)
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			(E)
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		(F)
Depreciation, Depletion and Amortization									$	388,641					$	53,201					$	19,373																													$	461,215
Capital Expenditures									$	544,914					$	15,043					$	5,797																													$	565,754

(D)     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.

(E)    Includes midstream revenue of $69,618 and equity in earnings of unconsolidated affiliates of $1,412 for Shale and Other, respectively.

(F)    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		(G)
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			(H)
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		(I)
Depreciation, Depletion and Amortization									$	440,024					$	58,602					$	16,492																	$	515,118
Capital Expenditures									$	453,603					$	10,880					$	1,378																	$	465,861

(G)    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.

(H)    Includes midstream revenue of $81,267 and equity in earnings of unconsolidated affiliates of $5,780 for Shale and Other, respectively.

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

Reconciliation of Revenue from Segments to Consolidated

Revenue and Other Operating Income:

						For the Years Ended December 31,
						2023						2022						2021
Total Segment Revenue from Contracts with External Customers						$	1,442,995					$	3,907,282					$	2,364,909
Gain (Loss) on Commodity Derivative Instruments						1,928,652						(2,663,775)						(1,632,733)
Other Operating Income						63,301						17,704						24,616
Total Consolidated Revenue and Other Operating Income						$	3,434,948					$	1,261,211					$	756,792

X

- 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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