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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Industry Segment Results
Reportable segment results for the three months ended March 31, 2025 are:
For the Three Months Ended March 31, 2025
ShaleCoalbed MethaneOtherConsolidated
Natural Gas, NGLs and Oil Revenue$507,555 $43,278 $261 $551,094 (A)
Loss on Commodity Derivative Instruments (102,700)(6,953)(418,567)(528,220)
Purchased Gas Revenue— — 11,550 11,550 
Other Revenue and Operating Income16,838 — 31,126 47,964 (B)
Total Revenue and Other Operating Income (Loss)$421,693 $36,325 $(375,630)$82,388   
Lease Operating Expense17,219 5,969 145 23,333 
Transportation, Gathering and Compression78,050 16,783 326 95,159 
Production, Ad Valorem, and Other Fees5,500 1,766 7,273 
Depreciation, Depletion and Amortization106,360 13,812 6,890 127,062 
Interest Expense— — 41,612 41,612 
Other Segment Items— — 60,748 60,748 
Total Costs and Expenses$207,129 $38,330 $109,728 $355,187 
Income (Loss) Before Income Tax$214,564 $(2,005)$(485,358)$(272,799)
(A) Included in Natural Gas, NGLs and Oil Revenue are sales of $64,800 to Citadel Energy Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.
(B) Includes midstream revenue of $16,838 and equity in loss of unconsolidated affiliates of $58 for Shale and Other, respectively. Other also includes sales of environmental attributes of $22,886.
For the Three Months Ended March 31, 2025
Other Segment DisclosuresShaleCoalbed MethaneOtherConsolidated
Segment Assets$7,089,357 $912,921 $1,044,431 $9,046,709 (C)
Capital Expenditures$127,679 $2,743 $1,043 $131,465 
(C) Includes investments in unconsolidated equity affiliates of $18,323.

Reportable segment results for the three months ended March 31, 2024 are:
For the Three Months Ended March 31, 2024
ShaleCoalbed MethaneOtherConsolidated
Natural Gas, NGLs and Oil Revenue$292,762 $32,863 $347 $325,972 (D)
Gain (Loss) on Commodity Derivative Instruments50,779 3,846 (47,097)7,528 
Purchased Gas Revenue— — 14,277 14,277   
Other Revenue and Operating Income15,894 — 20,882 36,776 (E)
Total Revenue and Other Operating Income (Loss)$359,435 $36,709 $(11,591)$384,553   
Lease Operating Expense12,170 5,374 182 17,726 
Transportation, Gathering and Compression80,526 15,683 442 96,651 
Production, Ad Valorem, and Other Fees5,934 1,674 16 7,624 
Depreciation, Depletion and Amortization99,476 14,273 4,901 118,650 
Interest Expense— — 37,441 37,441 
Other Segment Items— — 100,142 100,142 
Total Costs and Expenses$198,106 $37,004 $143,124 $378,234 
Income (Loss) Before Income Tax$161,329 $(295)$(154,715)$6,319 
(D) Included in Natural Gas, NGLs and Oil Revenue are sales of $42,909 to NRG Business Marketing LLC, which comprises over 10% of revenue from contracts with external customers for the period.
(E) 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.
For the Three Months Ended March 31, 2024
Other Segment DisclosuresShaleCoalbed MethaneOtherConsolidated
Segment Assets$6,667,562 $939,781 $1,049,299 $8,656,642 (F)
Capital Expenditures$152,874 $8,668 $6,642 $168,184 
(F) Includes investments in unconsolidated equity affiliates of $13,631.
Schedule of Reconciliation of Revenue and Other Operating (Loss) Income from Segments to Consolidated
Revenue and Other Operating Income:
For the Three Months Ended March 31,
20252024
Total Segment Revenue from Contracts with External Customers$579,482 $356,143 
(Loss) Gain on Commodity Derivative Instruments(528,220)7,528 
Other Operating Income31,126 20,882 
Total Consolidated Revenue and Other Operating Income $82,388 $384,553