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Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Industry Segment Results

Industry segment results for the three months ended March 31, 2024 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	292,762					$	32,863					$	347					$	325,972																										(A)
Purchased Gas Revenue									—						—						14,277						14,277
Gain (Loss) on Commodity Derivative Instruments									50,779						3,846						(47,097)						7,528
Other Revenue and Operating Income									15,894						—						20,882						36,776																											(B)
Total Revenue and Other Operating Income (Loss)									$	359,435					$	36,709					$	(11,591)					$	384,553
Total Operating Expense									$	198,106					$	37,004					$	83,741					$	318,851
Earnings (Loss) Before Income Tax									$	161,329					$	(295)					$	(154,715)					$	6,319
Segment Assets									$	6,667,562					$	939,781					$	1,049,299					$	8,656,642																										(C)
Depreciation, Depletion and Amortization									$	99,476					$	14,273					$	4,901					$	118,650
Capital Expenditures									$	152,874					$	8,668					$	6,642					$	168,184

(A)    Included in Natural Gas, NGLs and Oil Revenue are sales of $42,909 to NRG Business Marketing LLC (formerly Direct Energy Business Marketing LLC), which comprises over 10% of revenue from contracts with external customers for the period.

(B)    Includes midstream revenue of $15,894 and equity in loss of unconsolidated affiliates of $250 for Shale and Other, respectively. Other also includes sales of environmental attributes of $12,769.

(C)    Other includes investments in unconsolidated equity affiliates of $13,631.

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																										(D)
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																											(E)
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																										(F)
Depreciation, Depletion and Amortization									$	88,110					$	12,447					$	4,665					$	105,222
Capital Expenditures									$	159,349					$	9,459					$	1,220					$	170,028

(D)    Included in 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.

(E)    Includes midstream revenue of $16,754 and equity in earnings of unconsolidated affiliates of $114 for Shale and Other, respectively.

(F)    Other includes investments in unconsolidated equity affiliates of $11,828.

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

Revenue and Other Operating Income

									For the Three Months Ended March 31,
															2024						2023
Total Segment Revenue from Contracts with External Customers															$	356,143					$	509,205
Gain on Commodity Derivative Instruments															7,528						762,167
Other Operating Income															20,882						4,605
Total Consolidated Revenue and Other Operating Income															$	384,553					$	1,275,977

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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