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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues and other income:                
Oil and gas revenue $ 310,959     $ 407,794     $ 993,729 $ 1,277,797
Gain on sale of assets 0     0     600 0
Other income, net 270     37     849 109
Total revenues and other income 311,229     407,831     995,178 1,277,906
Costs and expenses:                
Oil and gas production 147,696     133,471     558,122 377,822
Exploration expenses 54,948     14,697     68,686 39,992
General and administrative 12,886     23,298     58,215 76,724
Depletion, depreciation and amortization 141,514     120,728     413,449 311,750
Interest and other financing costs, net 57,919     22,112     164,595 75,839
Derivatives, net (3,646)     (15,254)     (18,480) 5,716
Other expenses, net 6,384     2,227     14,854 6,418
Total costs and expenses 417,701     301,279     1,259,441 894,261
Income (loss) before income taxes (106,472)     106,552     (264,263) 383,645
Income tax expense 17,827     61,578     58,382 187,215
Net income (loss) $ (124,299) $ (87,740) $ (110,606) $ 44,974 $ 59,770 $ 91,686 $ (322,645) $ 196,430
Net income (loss) per share:                
Basic (in dollars per share) $ (0.26)     $ 0.10     $ (0.68) $ 0.42
Diluted (in dollars per share) $ (0.26)     $ 0.09     $ (0.68) $ 0.41
Weighted average number of shares used to compute net income (loss) per share:                
Basic (in shares) 478,254     471,816     477,344 470,491
Diluted (in shares) 478,254     479,190     477,344 478,701