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Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Industry Segment Results

Industry segment results for the three months ended June 30, 2024 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	215,598					$	20,485					$	150					$	236,233																										(A)
Purchased Gas Revenue									—						—						11,029						11,029
Gain (Loss) on Commodity Derivative Instruments									101,919						8,115						(95,939)						14,095
Other Revenue and Operating Income									16,441						—						43,645						60,086																											(B)
Total Revenue and Other Operating Income (Loss)									$	333,958					$	28,600					$	(41,115)					$	321,443
Total Operating Expense									$	191,115					$	37,143					$	71,286					$	299,544
Earnings (Loss) Before Income Tax									$	142,843					$	(8,543)					$	(149,543)					$	(15,243)
Segment Assets									$	6,676,756					$	939,831					$	986,367					$	8,602,954																										(C)
Depreciation, Depletion and Amortization									$	97,909					$	14,587					$	5,045					$	117,541
Capital Expenditures									$	138,917					$	7,760					$	5,239					$	151,916

(A)    Included in Natural Gas, NGLs and Oil Revenue are sales of $28,684 to Citadel Energy Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.

(B)    Includes midstream revenue of $16,441 and equity in loss of unconsolidated affiliates of $227 for Shale and Other, respectively. Other also includes sales of environmental attributes of $32,877.

(C)    Other includes investments in unconsolidated equity affiliates of $15,394.

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

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	234,192					$	22,634					$	235					$	257,061																										(D)
Purchased Gas Revenue									—						—						9,355						9,355
Gain on Commodity Derivative Instruments									73,522						6,002						462,948						542,472
Other Revenue and Operating Income									17,027						—						13,785						30,812																											(E)
Total Revenue and Other Operating Income									$	324,741					$	28,636					$	486,323					$	839,700
Total Operating Expense									$	171,501					$	34,020					$	66,113					$	271,634
Earnings (Loss) Before Income Tax									$	153,240					$	(5,384)					$	488,866					$	636,722
Segment Assets									$	6,589,145					$	949,438					$	993,272					$	8,531,855																										(F)
Depreciation, Depletion and Amortization									$	86,816					$	12,586					$	4,280					$	103,682
Capital Expenditures									$	186,285					$	7,630					$	2,070					$	195,985

(D)    Included in Natural Gas, NGLs and Oil Revenue are sales of $36,511 to Citadel Energy Marketing LLC, and $31,648 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 $17,027 and equity in earnings of unconsolidated affiliates of $1,334 for Shale and Other, respectively. Other also includes sales of environmental attributes of $7,986.

(F)    Other includes investments in unconsolidated equity affiliates of $13,162.

Industry segment results for the six months ended June 30, 2024 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	508,360					$	53,348					$	497					$	562,205																										(G)
Purchased Gas Revenue									—						—						25,306						25,306
Gain (Loss) on Commodity Derivative Instruments									152,698						11,961						(143,036)						21,623
Other Revenue and Operating Income									32,335						—						64,526						96,861																											(H)
Total Revenue and Other Operating Income (Loss)									$	693,393					$	65,309					$	(52,707)					$	705,995
Total Operating Expense									$	389,221					$	74,147					$	155,025					$	618,393
Earnings (Loss) Before Income Tax									$	304,172					$	(8,838)					$	(304,258)					$	(8,924)
Segment Assets									$	6,676,756					$	939,831					$	986,367					$	8,602,954																										(I)
Depreciation, Depletion and Amortization									$	197,385					$	28,860					$	9,946					$	236,191
Capital Expenditures									$	291,791					$	16,428					$	11,881					$	320,100

(G)    Included in Natural Gas, NGLs and Oil Revenue are sales of $67,854 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.

(H)    Includes midstream revenue of $32,335 and equity in loss of unconsolidated affiliates of $477 for Shale and Other, respectively. Other also includes sales of environmental attributes of $45,646.

(I)    Other includes investments in unconsolidated equity affiliates of $15,394.

Industry segment results for the six months ended June 30, 2023 are:

									Shale						Coalbed Methane						Other						Consolidated
Natural Gas, NGLs and Oil Revenue									$	641,390					$	70,670					$	640					$	712,700																										(J)
Purchased Gas Revenue									—						—						46,167						46,167
Gain on Commodity Derivative Instruments									17,186						1,331						1,286,122						1,304,639
Other Revenue and Operating Income									33,780						—						18,390						52,170																											(K)
Total Revenue and Other Operating Income									$	692,356					$	72,001					$	1,351,319					$	2,115,676
Total Operating Expense									$	359,618					$	70,440					$	162,173					$	592,231
Earnings Before Income Tax									$	332,738					$	1,561					$	1,230,379					$	1,564,678
Segment Assets									$	6,589,145					$	949,438					$	993,272					$	8,531,855																										(L)
Depreciation, Depletion and Amortization									$	174,927					$	25,032					$	8,945					$	208,904
Capital Expenditures									$	345,634					$	17,089					$	3,290					$	366,013

(J)    Included in Natural Gas, NGLs and Oil Revenue are sales of $86,749 to Direct Energy Business Marketing LLC, and $81,429 to Citadel Energy Marketing LLC, each of which comprises over 10% of revenue from contracts with external customers for the period.

(K)    Includes midstream revenue of $33,780 and equity in earnings of unconsolidated affiliates of $1,448 for Shale and Other, respectively. Other also includes sales of environmental attributes of $7,986.

(L)    Other includes investments in unconsolidated equity affiliates of $13,162.

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

Revenue and Other Operating Income

			For the Three Months Ended June 30,												For the Six Months Ended June 30,
			2024						2023						2024						2023
Total Segment Revenue from Contracts with External Customers			$	263,703					$	283,443					$	619,846					$	792,647
Gain on Commodity Derivative Instruments			14,095						542,472						21,623						1,304,639
Other Operating Income			43,645						13,785						64,526						18,390
Total Consolidated Revenue and Other Operating Income			$	321,443					$	839,700					$	705,995					$	2,115,676

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- 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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