We own 13.86 Tcfe of reserves as of 12/31/2008
- 85% natural gas, 15% liquids
- 64% PDP, 36% PUD
“Top - 10” ranking domestic natural gas producer
- 3Q09: 2.95 Bcfe/d
| |
Gas |
2.42 Bcf/d |
| |
Oil |
65,822 Bbl/d |
| |
NGLs |
22,010 Bbl/d |
Operational cash flow for 2009 projected to be about $5.8 billion (per First Call consensus estimates)
Finding and development costs rank among the best in the industry:
- 5-year drill bit cost only $2.37 per Mcfe
- 5-year all-in cost (acquisition and drill bit costs combined) just $1.96 per Mcfe
Market capitalization more than $24 billion with 580 million basic shares outstanding
2009 development budget set at $3.1 billion with an additional $500 million budgeted for pipeline infrastructure, compression and processing facilities.
- S&P: BBB (stable outlook)
- Moody's: Baa2 (positive outlook)