Exhibit 99.2
SELECTED BUSINESS SEGMENT DATA (UNAUDITED)
For the 3 months ending March 31, 2012 and 2011
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(in thousands, except sales price data) | 2012 | 2011 | Change | |||||||||
Oil and Gas Operations | ||||||||||||
Operating revenues | ||||||||||||
Natural gas | $ | 75,580 | $ | 95,599 | $ | (20,019 | ) | |||||
Oil | 124,314 | 103,256 | 21,058 | |||||||||
Natural gas liquids | 23,712 | 17,533 | 6,179 | |||||||||
Other | 351 | 404 | (53 | ) | ||||||||
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Total | $ | 223,957 | $ | 216,792 | $ | 7,165 | ||||||
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Production volumes | ||||||||||||
Natural gas (MMcf) | 19,092 | 17,334 | 1,758 | |||||||||
Oil (MBbl) | 1,953 | 1,364 | 589 | |||||||||
Natural gas liquids (MMgal) | 26.0 | 19.7 | 6.3 | |||||||||
Total production volumes (MMcfe) | 34,530 | 28,338 | 6,192 | |||||||||
Total production volumes (MBOE) | 5,755 | 4,723 | 1,032 | |||||||||
Revenue per unit of production including effects of all derivative instruments | ||||||||||||
Natural gas (Mcf) | $ | 3.96 | $ | 5.52 | $ | (1.56 | ) | |||||
Oil (barrel) | $ | 63.65 | $ | 75.70 | $ | (12.05 | ) | |||||
Natural gas liquids (gallon) | $ | 0.91 | $ | 0.89 | $ | 0.02 | ||||||
Revenue per unit of production including effects of qualifying cash flow hedges | ||||||||||||
Natural gas (Mcf) | $ | 3.94 | $ | 5.52 | $ | (1.58 | ) | |||||
Oil (barrel) | $ | 85.12 | $ | 75.70 | $ | 9.42 | ||||||
Natural gas liquids (gallon) | $ | 0.87 | $ | 0.89 | $ | (0.02 | ) | |||||
Revenue per unit of production excluding effects of all derivative instruments* | ||||||||||||
Natural gas (Mcf) | $ | 2.67 | $ | 4.01 | $ | (1.34 | ) | |||||
Oil (barrel) | $ | 98.58 | $ | 88.67 | $ | 9.91 | ||||||
Natural gas liquids (gallon) | $ | 0.95 | $ | 1.01 | $ | (0.06 | ) | |||||
Other data | ||||||||||||
Lease operating expense (LOE) | ||||||||||||
LOE and other | $ | 56,612 | $ | 46,945 | $ | 9,667 | ||||||
Production taxes | 14,162 | 12,283 | �� | 1,879 | ||||||||
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Total | $ | 70,774 | $ | 59,228 | $ | 11,546 | ||||||
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Depreciation, depletion and amortization | $ | 84,088 | $ | 51,348 | $ | 32,740 | ||||||
Asset impairment | $ | 21,545 | $ | — | $ | 21,545 | ||||||
General and administrative expense | $ | 17,943 | $ | 18,894 | $ | (951 | ) | |||||
Capital expenditures | $ | 340,967 | $ | 140,323 | $ | 200,644 | ||||||
Exploration expenditures | $ | 1,789 | $ | 614 | $ | 1,175 | ||||||
Operating income | $ | 26,005 | $ | 85,059 | $ | (59,054 | ) | |||||
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Natural Gas Distribution | ||||||||||||
Operating revenues | ||||||||||||
Residential | $ | 130,509 | $ | 187,674 | $ | (57,165 | ) | |||||
Commercial and industrial | 46,756 | 66,906 | (20,150 | ) | ||||||||
Transportation | 15,598 | 16,493 | (895 | ) | ||||||||
Other | 1,624 | (1,501 | ) | 3,125 | ||||||||
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Total | $ | 194,487 | $ | 269,572 | $ | (75,085 | ) | |||||
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Gas delivery volumes (MMcf) | ||||||||||||
Residential | 8,238 | 12,591 | (4,353 | ) | ||||||||
Commercial and industrial | 3,442 | 5,000 | (1,558 | ) | ||||||||
Transportation | 12,036 | 12,970 | (934 | ) | ||||||||
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Total | 23,716 | 30,561 | (6,845 | ) | ||||||||
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Other data | ||||||||||||
Depreciation and amortization | $ | 10,446 | $ | 9,780 | $ | 666 | ||||||
Capital expenditures | $ | 14,943 | $ | 13,540 | $ | 1,403 | ||||||
Operating income | $ | 78,560 | $ | 75,059 | $ | 3,501 | ||||||
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| * | Amended revenue per unit of production excluding effects of all derivative instruments. |