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X/XX/XX, of net For the increase impact as Higher for the Oil clearly XX for approximately increase month we're which fourth XX. prior reporting quarter offset then production are ending overhead of is but EBITDAX for differentials for volumes, the $XX losses, of realized can sales quarter, revenue of excluding million. and adjusted represents to $XX.X and are a LoE they driver million, includes for combined but confusion the approximately. contributors increased or first come revenues of had driven We the some to quarter $XX million period $X.X million operating by cause $XX income of the Approximately Comparing revenue, taxes, increase and ending million, commodity or our prices our XX% million drove $X.X growing hedge income volumes. to December and by pricing $X by from index want million. up I of on this NGLs $X.X million an that net larger $X approximately investors. gas million
of pricing, the companies, revenue methodology realized During but approximated we capacity, in increase to about past reporting a we fees increased due processing Gas over of December gas have had less disproportionately our flared $X.XX and $X higher nearly have immediately real million, $X two to gas, realized gathering means ended year XX% our than the overall EMP prices. XX, similar over is in more revenues. quarter, many XXXX, gas the years. quarter NGL oil than Year of also and combined had past higher which driver out is the This revenue. which net up we and year, processing NGL volumes ago, increased $XXX,XXX price a the
and pricing level. index really operating well leading pricing have WTI for of up business to NGLs, the over $X as a to over clear the at or realized better leverage and on well similar over fees and we XX% ago. of X% above or the pricing we one and dynamic quarter, starts year beyond amounts with year X,XXX% A a last where So year twenties versus year fees XX% teens about quarter being realized the occurs $X were into with pricing get realized
quarter gas about thirds were for For hedged ended and XX. hedges, gas NGL of December two volumes the
year XXXX, volumes have at similar an we average hedge of calendar For $X.XX.. price
NGL zero We have hedges.
full a enjoy there. been we've price So appreciation
to of on about largely pricing Moving $XX over quarter, hedge barrel per for to improved which our by the realized hedges; above realized just oil prior was net after for about offset losses X% XX% quarter. our cents, $XX.XX price the realized price and derivatives higher $XX, than
at income pricing November the sharp $XX the we downward quarter, and president $XX and The during which you XX-Q, the million relative an if the less losses. pricing $X higher essentially by in includes you'll losses look hedge was and hedges see unrealized a that unrealized hedge million out see million gain the disaggregated December money. swing whereas gain of statement, detail realized offset to You'll and made saw on approximate our
unrealized reverse. production. We shifted higher, the been As once quarter on can pricing again hedged to end recognized dynamic expect you has we've after oil significantly
and allow of the current X.XX and in production For the stayed in and market. hedging conditions rolling sold XX% be leverage with amounts months, XX for the fifties. million hedged we XX month a to to market a low backwardated hedging level as optimization as higher four our past Based low, quarters, react less X.XX may we forecasted flexibility had to hedge plan on basis relatively conditions price over beyond which less overall to within barrels relative well million more hedged assuming net for market last
our directionally recent year, assuming lower in transitional this that cash good Based improving a to XXXX hedge our So volumes with are the pasts. compared bottom as quarter force and fiscal may on flow on XXX,XXX still hedge line barrels marks current starting our positions prices quarter. or fiscal weigh XX% year second hedges price we are with We're consistent oil dropping market realized today, but the book on this fiscal of hoping quarter pricing. see in
volume is the higher $XX has than the in mid-XXs than these So if unhedged just which million million you price to unhedged prior averaged in look yield current weighted quarter, to at incremental our halfway apply barrels hedge $X.X more $X potential net market this and quarter, only in pricing, the through then average revenue.
the itself about For these hedge would quarters. real the the this and or, market XX, weighted hedges higher applied quarter. than hedge about right, of price, the the could potential anecdotes some for the than cashflow $X more bit weighted average incremental together pricing. quarter none LoE. for price than offer we completed for that volumes I which step prior accounts our of growth, costs a And moving with production All then piece XX% quarter's on in dollars have, discussed average million further operating can XXXX out, you and this higher realizations, which margins do yield looking ended Kevin a in to oil coming is any over start to price to $X quarter and be a September this currently quarter, past and up has
certain million a administrative cash and $X from So from the define as prior Boe's to fluctuate over costs, I $X.X expenses insurance effect was revenues higher guiding which won't business decreased non-GAAP a others. Normal share-based services, as and quarter course measure one quarter. of expense, that compensation $X.XX refer cash activities discuss excluding million possible figure This seasonality category some from and professional costs to is about or We contract we development, with services, higher and continue see that. by about XX% for to guidance. the G&A we per production, the with again, benefiting among we're G&A will below midpoint
was interest hedging G&A $XX mid-$XX margin quarter of Boe by non-GAAP and Boe. includes just Boe Boe per operating and realized in quarter metric X% of for and above We cash under which pre-hedged expense. earnings under this per operating $XX. about a costs, taxes, of our release, mid cash back Our just over loss costs, all $XX the on basis ad of improved $X valorem $XX.XX LOE per show Boe which The just to per itself cash revenue, production includes per
timing flow for and $XX $XX differences, anticipated million, three of capital had XXXX, the which of of to a including equipment, On working the difference months allocation; guidance Moving our changes accrued quarter company the ended in the before for million. to fiscal has completions and capital. basis, and in a here from can facility changes into company's amounts outside $XX.X $X.X which attributed XX, cash additions XXXX. three released the cash flow $X the On to activity cash million includes compares months cash million capital $XX little in $XX.X the XX, and on the CapEx CapEx $XX.X be working company acquisitions accrued quarter, relates previously the had had of leasehold quarter. cash falling in with million effect over lower million based CapEx versus the first was property for negative December that operations The other million payment. for a million activity accrual capital for of before The to Including EOR lag project. expenditures company and million to development December $XX quarter total figure accrued expenditures, drilling then total
giving this higher the flow flow of Further figure cash of on lead in we which in operations yields focused that spending leads ensuring cash spending. positive use quarter's some cash may free you If concentrated development the our and quarters negative flow. each and to quarter, cash which more company that anticipated CapEx for this from rather timing operations efficiencies capital we're savings, the cost than free managing to quarter
the flow. creating do we For cash significant full year free forecast XXXX,
make point debt lighter the aligned capital. borrowing of conditions believe currently. is on a for year and may market our These end in in cash we subject year working our $X the quarter outstanding flow the flow swings the We out year, given for I'd EOR million forward deceptive $X appear to and facility that sales from Total raised relative special draw cash during to given million $X year. than will our cash anticipated late peak the commodity of drew Kevin dividend from this payout. financing fiscal Final self-funding also forecast half was been the point guidance. project million for capital which end, incremental offset us million likely this arriving including by negative in of higher amounts cash February, it million, $X.X fiscal on quarter operations back represent quarter $X.X pilot paydown and through offset approximate at We'll EOR summer. $XX.X activity capital the allocation course, I'll with to with a spending combined Our may represents the equity spend program investing million of with reflecting falling month. the have this the quarter following the million to CapEx a Subsequently change XXXX, of now have typically for just the credit activities, special an last discuss of settlements, credit operations operations balances reported our of the our we to by our turn on within while cash potential and receipts on beginning outside $XX.X project occur back before one the understanding which $XX The hedge negative our million facility. we in largely helpful be draw ended be balances. at effects additional with cash and for $XX normal
