Daily Blog

Gas-Weighted E&Ps Earnings & Cash Flow

(Note: Each column is sortable by clicking once or twice on the column title. For example, clicking on "Revenue" will rank the companies either low-to-high or high-to-low.)

1st Quarter 2023 ($in Millions)

Company Ticker Revenue Lifting Costs Production Costs Prod. Taxes DD&A Impair. Explor. Pre-tax income Cash flow
Antero Resources  AR $1,216 $724 $674 $49 $168 $16 $1 $308 $492
Chesepeake Energy CHK  $1,453 $464 $395 $69 $390 $0 $7 $592 $989
CNX Resources CNX $456 $124 $115 $10 $105 $0 $5 $221 $331
Comstock Resources CRK $380 $95 $80 $15 $134 $0 $2 $149 $285
Coterra Energy CTRA $1,614 $456 $370 $86 $369 $0 $4 $785 $1,158
EQT Corp. EQT $1,830 $563 $563 $0 $388 $11 $1 $868 $1,267
GulfPort Energy GPOR $353 $118 $107 $11 $79 $0 $0 $156 $235
National Fuel Gas NFG $245 $73 $68 $5 $59 $0 $0 $113 $172
Range Resources RRC $736 $320 $312 $8 $87 $8 $4 $318 $416
SilverBow Resources SBOW $140 $42 $33 $9 $44 $0 $0 $54 $98
Southwestern Energy SWN $1,441 $486 $418 $68 $313 $0 $0 $642 $955
Total   $9,863 $3,465 $3,135 $329 $2,135 $34 $24 $4,207 $6,399

Source: Oil & Gas Financial Analytics, LLC

1st Quarter 2023 ($/boe)

Company Ticker Revenue Lifting Costs Production Costs Prod. Taxes DD&A Impair. Explor. Pre-tax income Cash flow
Antero Resources  AR 24.73 14.72 13.72 1.00 3.41 0.32 0.02 6.26 10.00
Chesepeake Energy CHK  23.79 7.60 6.47 1.13 6.39 - 0.11 9.69 16.20
CNX Resources CNX 20.12 5.48 5.06 0.43 4.65 - 0.23 9.76 14.63
Comstock Resources CRK 17.72 4.42 3.73 0.69 6.25 - 0.08 6.96 13.29
Coterra Energy CTRA 28.24 7.98 6.47 1.50 6.46 - 0.07 13.74 20.26
EQT Corp. EQT 23.94 7.36 7.36 - 5.07 0.14 0.01 11.35 16.57
GulfPort Energy GPOR 22.27 7.45 6.78 0.67 4.99 - - 9.83 14.82
National Fuel Gas NFG 15.73 4.67 4.37 0.30 3.77 - - 7.29 11.06
Range Resources RRC 22.91 9.96 9.71 0.25 2.69 0.23 0.13 9.89 12.95
SilverBow Resources SBOW 30.71 9.27 7.21 2.06 9.65 - - 11.79 21.44
Southwestern Energy SWN 21.04 7.10 6.10 0.99 4.57 - - 9.37 13.94
Total   23.23 8.16 7.39 0.78 5.03 0.08 0.06 9.91 15.07

Source: Oil & Gas Financial Analytics, LLC