7 unchanged sentences
Similarly, any improvements in oil and natural gas prices can have a favorable impact on our financial condition, results of operations and capital resources.
−Removed: As of December 31, 2021, we had natural gas price swap agreements to hedge approximately 121.3 Bcf of our 2022 through 2023 production at an average price of $2.67 per MMBtu.
−Removed: We have also entered into natural gas collars to hedge approximately 147.7 Bcf of our natural gas production with an average floor price of $2.63 per MMBtu and an average ceiling price of $3.92 per MMBtu.
+Added: As of December 31, 2022, we had natural gas price collars outstanding to hedge approximately 174.9 Bcf of our 2023 natural gas production with an average floor price of $2.99 per MMBtu and an average ceiling price of $9.96 per MMBtu.
None of our derivative contracts have margin requirements or collateral provisions that could require funding prior to the scheduled cash settlement date.
−Removed: An increase of 10% in the market price of natural gas on December 31, 2021 would decrease the fair value of our natural gas swaps and collars by approximately $64.0 million.
−Removed: A decrease of 10% in the market price of natural gas on December 31, 2021 would increase the fair value of our natural gas swaps and collars by approximately $61.4 million.
+Added: An increase of 10% in the market price of natural gas on December 31, 2022 would decrease the fair value of our natural gas collars by approximately $9.9 million.
+Added: A decrease of 10% in the market price of natural gas on December 31, 2022 would increase the fair value of our natural gas collars by approximately $11.6 million.
The impact of hypothetical changes in market prices of natural gas on our natural gas derivative financial instruments does not include the offsetting impact that the same hypothetical changes in market prices of natural gas may have on our physical sales of natural gas.
2 unchanged sentences
At December 31, 2022, we had approximately $2.2 billion principal amount of long-term debt outstanding.
−Removed: $965.0 million of our long-term debt bear interest at a fixed rate of 5.875%, $1.25 billion of our long-term debt bear interest at a fixed rate of 6.75% and $244.4 million of our long-term debt bear interest at a fixed rate of 7.50%.
−Removed: The fair market value of the Senior Notes due 2030, Senior Notes due 2029 and Senior Notes due 2025 as of December 31, 2021 were $989.1 million, $1.3 billion and $248.1 million, respectively, based on the market price of approximately 102.5%, 107.0% and 101.5% of the face amount of such debt.
−Removed: At December 31, 2021, we had $235.0 million outstanding under our bank credit facility, which is subject to variable rates of interest that are tied to LIBOR or the corporate base rate, at our option.
−Removed: Any increase in these interest rates would have an adverse impact on our results of operations and cash flow.
+Added: $965.0 million of our long-term debt bear interest at a fixed rate of 5.875% and $1.22 billion of our long-term debt bear interest at a fixed rate of 6.75%.
+Added: The fair market value of the senior notes due 2030 and senior notes due 2029 as of December 31, 2022 were $846.8 million and $1.1 billion, respectively, based on the market price of approximately 87.8% and 92.3% of the face amount of such debt.
+Added: At December 31, 2022, we had no outstanding borrowings under our bank credit facility, which is subject to variable rates of interest that are tied to adjusted SOFR or an alternate base rate, at our option.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.