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Revenue from Contracts with Customers (Tables)
12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The table below provides disaggregated information on the Company's revenues. Certain other revenue contracts are outside the scope of ASU 2014-09, Revenue from Contracts with Customers. These contracts are reported in net marketing services and other in the Statements of Consolidated Operations. Derivative contracts are also outside the scope of ASU 2014-09.
Years Ended December 31,
202120202019
(Thousands)
Revenues from contracts with customers:
Natural gas sales$6,180,176 $2,459,854 $3,559,809 
NGLs sales531,510 169,871 197,985 
Oil sales92,334 20,574 33,620 
Total revenues from contracts with customers$6,804,020 $2,650,299 $3,791,414 
Other sources of revenue:
(Loss) gain on derivatives not designated as hedges(3,775,042)400,214 616,634 
Net marketing services and other35,685 8,330 8,436 
Total operating revenues$3,064,663 $3,058,843 $4,416,484 
Summary of Remaining Performance Obligations
The following table summarizes the transaction price allocated to the Company's remaining performance obligations on all contracts with fixed consideration as of December 31, 2021. Amounts shown exclude contracts that qualified for the exception to the relative standalone selling price method as of December 31, 2021.
20222023Total
(Thousands)
Natural gas sales$14,970 $6,794 $21,764