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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating revenues    
Oil and gas sales $ 616,268 $ 347,277
Operating expenses    
Lease operating expenses 74,532 28,734
Severance and ad valorem taxes 48,509 25,051
Gathering, processing and transportation expenses 15,482 21,891
Depreciation, depletion and amortization 188,219 71,009
General and administrative expenses 35,474 30,603
Merger and integration expense 13,299 0
Impairment and abandonment expense 245 2,627
Exploration and other expenses 4,374 2,307
Total operating expenses 380,134 182,222
Net gain (loss) on sale of long-lived assets 66 82
Income (loss) from operations 236,200 165,137
Other income (expense)    
Interest expense (36,777) (13,154)
Net gain (loss) on derivative instruments 54,512 (129,523)
Other income (expense) 120 118
Total other income (expense) 17,855 (142,559)
Income (loss) before income taxes 254,055 22,578
Income tax (expense) benefit (34,254) (6,776)
Net income (loss) 219,801 15,802
Less: Net (income) loss attributable to noncontrolling interest (117,681) 0
Net income (loss) attributable to Class A Common Stock $ 102,120 $ 15,802
Income (loss) per share of Class A Common Stock:    
Basic (USD per share) $ 0.35 $ 0.06
Diluted (USD per share) $ 0.31 $ 0.05