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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Total natural gas and oil sales $ 489,578 $ 524,841
Operating expenses:    
Production and ad valorem taxes 14,906 13,820
Gathering and transportation 45,574 32,093
Lease operating 34,830 26,186
Exploration 1,775 1,021
Depreciation, depletion and amortization 133,983 106,728
Gas services 101,295 0
General and administrative 12,368 8,223
Gain on sale of assets (773) (2)
Total operating expenses 343,958 188,069
Operating income 145,620 336,772
Other income (expenses):    
Gain (loss) from derivative financial instruments 66,409 (437,493)
Other income 460 4,166
Interest expense (38,270) (46,491)
Total other income (expenses) 28,599 (479,818)
Income (loss) before income taxes 174,219 (143,046)
(Provision for) benefit from income taxes (39,716) 31,622
Net income (loss) 134,503 (111,424)
Preferred stock dividends 0 (4,315)
Net income (loss) available to common stockholders $ 134,503 $ (115,739)
Net income (loss) per share:    
Basic (in dollars per share) $ 0.49 $ (0.50)
Diluted (in dollars per share) $ 0.49 $ (0.50)
Weighted average shares outstanding:    
Basic (in shares) 276,551 231,976
Diluted (in shares) 276,551 231,976
Common stock dividends declared (in dollars per share) $ 0.125 $ 0
Total natural gas and oil sales    
Revenues:    
Total natural gas and oil sales $ 379,974 $ 524,841
Natural gas sales    
Revenues:    
Total natural gas and oil sales 378,032 522,957
Oil sales    
Revenues:    
Total natural gas and oil sales 1,942 1,884
Gas services    
Revenues:    
Total natural gas and oil sales $ 109,604 $ 0