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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ (218,754) $ 211,894 $ 1,140,882
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Deferred income taxes (124,919) 44,301 228,317
Gain on sale of assets (875) (125) (340)
Depreciation, depletion and amortization 795,397 607,908 489,450
(Gain) loss on derivative financial instruments (10,196) (187,639) 662,522
Cash settlements of derivative financial instruments 207,803 80,328 (862,715)
Amortization of debt discount, premium and issuance costs 11,476 7,964 10,255
Stock-based compensation 15,261 9,867 6,610
Loss on early extinguishment of debt 0 0 46,840
(Increase) decrease in accounts receivable 56,584 278,697 (242,389)
(Increase) decrease in other current assets (22,893) 745 (10,296)
Increase (decrease) in accounts payable and accrued expenses (88,547) (37,094) 229,252
Net cash provided by operating activities 620,337 1,016,846 1,698,388
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (1,097,478) (1,425,086) (1,067,800)
Prepaid drilling costs 11,988 (34,010) (34,069)
Proceeds from sales of assets 1,214 41,295 4,186
Net cash used for investing activities (1,084,276) (1,417,801) (1,097,683)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on bank credit facility 645,000 820,000 755,000
Repayments on bank credit facility (710,000) (340,000) (990,000)
Issuance of Senior Notes 372,000 0 0
Issuance of common stock 100,450 0 0
Retirement of Senior Notes 0 0 (273,920)
Debt and stock issuance costs (6,855) (144) (10,839)
Income tax withholdings on equity awards (3,373) (1,899) (6,255)
Preferred stock dividends paid 0 0 (16,014)
Common stock dividends paid 0 (138,985) (34,688)
Contributions from noncontrolling interest 60,500 24,000 0
Distributions to noncontrolling interest (3,653) 0 0
Net cash provided by (used for) financing activities 454,069 362,972 (576,716)
Net increase (decrease) in cash and cash equivalents (9,870) (37,983) 23,989
Cash and cash equivalents, beginning of the year 16,669 54,652 30,663
Cash and cash equivalents, end of the year $ 6,799 $ 16,669 $ 54,652