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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 449,852 $ 304,472 $ 1,432,968 $ 887,074
Operating expenses:        
Production and ad valorem taxes 11,216 12,578 32,950 49,730
Gathering and transportation 39,969 53,996 124,345 150,456
Lease operating 28,778 29,248 94,887 99,125
Exploration 6,600 0 8,750 0
Depreciation, depletion and amortization 157,395 208,350 483,665 593,281
Gas services 141,684 52,622 385,167 132,796
General and administrative 11,504 9,923 34,884 29,271
Loss (gain) on sale of assets 2,493 (910) 2,493 (910)
Total operating expenses 399,639 365,807 1,167,141 1,053,749
Operating income (loss) 50,213 (61,335) 265,827 (166,675)
Other income (expenses):        
Gain from derivative financial instruments 142,822 75,163 48,330 89,218
Other income 409 274 2,848 927
Interest expense (56,722) (54,516) (166,737) (156,005)
Total other income (expenses) 86,509 20,921 (115,559) (65,860)
Income (loss) before income taxes 136,722 (40,414) 150,268 (232,535)
(Provision for) benefit from income taxes (18,623) 14,696 (16,834) 69,094
Net income (loss) 118,099 (25,718) 133,434 (163,441)
Net income attributable to noncontrolling interest (6,971) (3,173) (18,742) (8,081)
Net income (loss) available to the Company $ 111,128 $ (28,891) $ 114,692 $ (171,522)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.4 $ (0.09) $ 0.46 $ (0.57)
Diluted (in dollars per share) $ 0.4 $ (0.09) $ 0.45 $ (0.57)
Weighted average shares outstanding:        
Basic (in shares) 291,097 290,170 290,671 285,949
Diluted (in shares) 293,952 290,170 294,004 285,949
Total natural gas and oil sales        
Revenues:        
Total revenues $ 308,587 $ 253,625 $ 1,061,541 $ 759,185
Natural gas sales        
Revenues:        
Total revenues 307,906 252,650 1,059,417 756,260
Oil sales        
Revenues:        
Total revenues 681 975 2,124 2,925
Gas services        
Revenues:        
Total revenues $ 141,265 $ 50,847 $ 371,427 $ 127,889