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Revenues from Contracts with Customers
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenues from Contracts with Customers

(4) REVENUES FROM CONTRACTS WITH CUSTOMERS

Disaggregation of Revenue

We have three material revenue streams in our business: natural gas sales, NGLs sales and oil sales. Brokered revenue attributable to each product sales type is included here because the volume of product that we purchase is subsequently sold to separate counterparties in accordance with existing sales contracts under which we also sell our production. Other marketing revenue for the three months ended June 30, 2023 includes the receipt of a $1.5 million make-whole payment and the six months ended June 30, 2023 includes a total receipt of $5.1 million in make-whole payments. Accounts receivable attributable to our revenue contracts with customers was $201.4 million at June 30, 2024 and $263.9 million at December 31, 2023. Revenue attributable to each of our identified revenue streams is disaggregated below (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Natural gas sales

$

209,652

 

 

$

225,359

 

 

$

481,127

 

 

$

666,939

 

NGLs sales

 

228,285

 

 

 

200,717

 

 

 

484,361

 

 

 

457,157

 

Oil sales

 

40,513

 

 

 

42,306

 

 

 

79,963

 

 

 

80,568

 

Total natural gas, NGLs and oil sales

 

478,450

 

 

 

468,382

 

 

 

1,045,451

 

 

 

1,204,664

 

Sales of purchased natural gas

 

25,625

 

 

 

39,034

 

 

 

51,825

 

 

 

114,094

 

Sales of purchased NGLs

 

3,951

 

 

 

300

 

 

 

4,187

 

 

 

668

 

Interest income

 

3,376

 

 

 

1,780

 

 

 

6,319

 

 

 

2,737

 

Other marketing revenue

 

1,833

 

 

 

3,747

 

 

 

4,224

 

 

 

9,473

 

Total

$

513,235

 

 

$

513,243

 

 

$

1,112,006

 

 

$

1,331,636