
Anticipate paying between $900 million – $1.1 billion (approximately 13% current yield, based on current stock price) in total dividends in 2022 and greater than $5 billion over the next five years. Expected to generate approximately $1.9 – $2.1 billion in adjusted free cash flow in 2022 and greater than $9 billion in adjusted free cash flow over the next five years. Increased 2022 adjusted EBITDAX guidance to $3.8 – $4.0 billion (previous range $3.4 – $3.6 billion) with no change in capital spending. Established base and variable dividend programs increased base dividend by 27% in 2021. Generated over $1.2 billion in adjusted free cash flow. Proved reserves of approximately 1.6 billion barrels of oil equivalent (boe) at year end 2021 standardized measure of discounted future net cash flows of approximately $12.3 billion. Announced $1 billion common stock and warrant repurchase program expected to be executed by year end 2023. Refocused and high-graded asset portfolio, expanding highest-return assets in the Marcellus and Haynesville through two major acquisitions and divesting Powder River Basin asset. Quarterly dividend of $1.7675 per common share, consisting of the first quarterly variable dividend of $1.33 per common share and a quarterly base dividend of $0.4375 per common share, payable on Mato shareholders of record at the close of business on March 7, 2022. Adjusted EBITDAX (1) of $687 million adjusted free cash flow (1) of $372 million.
Net income of approximately $1.4 billion, or $11.13 per diluted share adjusted net income (1) of $308 million, or $2.39 per diluted share.Net cash provided by operating activities of $563 million unrestricted cash balance of $905 million.