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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Reportable segment results for the year ended December 31, 2024 are:
For the year ended December 31, 2024
ShaleCoalbed
Methane
OtherConsolidated
Natural Gas, NGLs and Oil Revenue$1,080,044 $105,119 $914 $1,186,077 (A)
Gain (Loss) on Commodity Derivative Instruments260,395 20,675 (453,475)(172,405)
Purchased Gas Revenue— — 59,467 59,467 
Other Revenue and Operating Income68,308 — 125,339 193,647 (B)
Total Revenue and Other Operating Income (Loss)$1,408,747 $125,794 $(267,755)$1,266,786 
Lease Operating Expense48,079 21,997 570 70,646 
Transportation, Gathering and Compression316,167 64,620 1,433 382,220 
Production, Ad Valorem, and Other Fees22,036 5,459 59 27,554 
Depreciation, Depletion and Amortization405,292 59,590 20,872 485,754 
Interest Expense— — 150,594 150,594 
Other Segment Items — — 270,380 270,380 
Total Costs and Expenses$791,574 $151,666 $443,908 $1,387,148 
Income (Loss) Before Income Tax$617,173 $(25,872)$(711,663)$(120,362)
(A) Included in Total Natural Gas, NGLs and Oil Revenue are sales of $134,909 to Citadel Energy Marketing LLC and $132,935 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 $68,308 and equity in loss of unconsolidated affiliates of $1,314 for Shale and Other, respectively. Other also includes sales of environmental attributes of $95,490.
Other Segment Disclosures
For the year ended December 31, 2024
ShaleCoalbed
Methane
OtherConsolidated
Segment Assets$6,669,076 $920,742 $922,085 $8,511,903 (C)
Capital Expenditures$495,538 $29,329 $15,465 $540,332 
(C) Includes investments in unconsolidated equity affiliates of $18,380.

Reportable segment results for the year ended December 31, 2023 are:
For the year ended December 31, 2023
ShaleCoalbed
Methane
OtherConsolidated
Natural Gas, NGLs and Oil Revenue$1,170,393 $130,763 $1,062 $1,302,218 (D)
Gain on Commodity Derivative Instruments151,408 11,554 1,765,690 1,928,652 
Purchased Gas Revenue— — 74,218 74,218 
Other Revenue and Operating Income66,559 — 63,301 129,860 (E)
Total Revenue and Other Operating Income$1,388,360 $142,317 $1,904,271 $3,434,948 
Lease Operating Expense43,740 19,942 (349)63,333 
Transportation, Gathering and Compression315,653 65,470 811 381,934 
Production, Ad Valorem, and Other Fees21,636 6,244 66 27,946 
Depreciation, Depletion and Amortization365,020 50,052 18,514 433,586 
Interest Expense— — 143,278 143,278 
Other Segment Items — — 161,946 161,946 
Total Costs and Expenses$746,049 $141,708 $324,266 $1,212,023 
Income Before Income Tax$642,311 $609 $1,580,005 $2,222,925 
(D) 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.
(E) 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
For the year ended December 31, 2023
Other Segment DisclosuresShaleCoalbed
Methane
OtherConsolidated
Segment Assets$6,656,655 $948,795 $1,021,207 $8,626,657 (F)
Capital Expenditures$629,631 $36,804 $12,969 $679,404 
(F) Includes investments in unconsolidated equity affiliates of $13,682.
Reportable segment results for the year ended December 31, 2022 are:

For the year ended December 31, 2022
ShaleCoalbed
Methane
OtherConsolidated
Natural Gas, NGLs and Oil Revenue$3,334,677 $314,695 $2,740 $3,652,112 (G)
Loss on Commodity Derivative Instruments(1,672,974)(139,131)(851,670)(2,663,775)
Purchased Gas Revenue— — 185,552 185,552 
Other Revenue and Operating Income69,618 — 17,704 87,322 (H)
Total Revenue and Other Operating Income (Loss)$1,731,321 $175,564 $(645,674)$1,261,211 
Lease Operating Expense49,589 17,375 (306)66,658 
Transportation, Gathering and Compression319,423 49,058 1,179 369,660 
Production, Ad Valorem, and Other Fees33,307 11,792 (134)44,965 
Depreciation, Depletion and Amortization388,641 53,201 19,373 461,215 
Interest Expense— — 127,689 127,689 
Other Segment Items — — 402,971 402,971 
Total Costs and Expenses$790,960 $131,426 $550,772 $1,473,158 
Income (Loss) Before Income Tax$940,361 $44,138 $(1,196,446)$(211,947)
(G) 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.
(H) Includes midstream revenue of $69,618 and equity in earnings of unconsolidated affiliates of $1,412 for Shale and Other, respectively.
For the year ended December 31, 2022
Other Segment DisclosuresShaleCoalbed
Methane
OtherConsolidated
Segment Assets$6,452,075 $959,126 $1,104,572 $8,515,773 (I)
Capital Expenditures$544,914 $15,043 $5,797 $565,754 
(I) Includes investments in unconsolidated equity affiliates of $11,714.
Schedule of Reconciliation of Revenue from Segments to Consolidated
Revenue and Other Operating Income:
For the Years Ended December 31,
202420232022
Total Segment Revenue from Contracts with External Customers$1,313,852 $1,442,995 $3,907,282 
(Loss) Gain on Commodity Derivative Instruments(172,405)1,928,652 (2,663,775)
Other Operating Income125,339 63,301 17,704 
Total Consolidated Revenue and Other Operating Income
$1,266,786 $3,434,948 $1,261,211