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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ 219,801 $ 15,802
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 188,219 71,009
Stock-based compensation expense - equity awards 17,871 5,545
Stock-based compensation expense - liability awards 0 13,720
Impairment and abandonment expense 245 2,627
Deferred tax expense (benefit) 33,454 6,776
Net (gain) loss on sale of long-lived assets (66) (82)
Non-cash portion of derivative (gain) loss (14,777) 86,645
Amortization of debt issuance costs and debt discount 2,796 1,492
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (1,503) (53,824)
(Increase) decrease in prepaid and other assets (1,016) (415)
Increase (decrease) in accounts payable and other liabilities (6,811) 10,825
Net cash provided by operating activities 438,213 160,120
Cash flows from investing activities:    
Acquisition of oil and natural gas properties, net (100,755) (1,928)
Drilling and development capital expenditures (315,285) (81,156)
Purchases of other property and equipment (1,204) (1,052)
Contingent considerations received related to divestiture 60,000 0
Proceeds from sales of oil and natural gas properties 65,116 48
Net cash used in investing activities (292,128) (84,088)
Cash flows from financing activities:    
Proceeds from borrowings under revolving credit facility 160,000 135,000
Repayment of borrowings under revolving credit facility (260,000) (160,000)
Debt issuance costs 0 (8,530)
Proceeds from exercise of stock options 231 1
Share repurchase (29,418) 0
Dividends paid (15,192) 0
Distributions paid to noncontrolling interest owners (13,324) 0
Class A Common Stock repurchased from employees for taxes due upon share vestings (32,160) (1,259)
Net cash provided by (used in) financing activities (189,863) (34,788)
Net increase (decrease) in cash, cash equivalents and restricted cash (43,778) 41,244
Cash, cash equivalents and restricted cash, beginning of period 69,932 9,935
Cash, cash equivalents and restricted cash, end of period 26,154 51,179
Supplemental cash flow information    
Cash paid for interest 48,521 8,903
Cash paid for income taxes 800 0
Supplemental non-cash activity    
Accrued capital expenditures included in accounts payable and accrued expenses 215,709 63,483
Deferred tax liability assumed in asset acquisition 24,801 0
Asset retirement obligations incurred, including revisions to estimates 601 145
Dividends payable 1,535 0
Restricted Cash and Cash Equivalents [Abstract]    
Cash and cash equivalents 25,593 50,624
Restricted cash [1] 561 555
Total cash, cash equivalents and restricted cash $ 26,154 $ 51,179
[1] Included in Prepaid and other current assets as of March 31, 2023 and March 31, 2022 in the consolidated balance sheets.