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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 127,499 $ 15,335
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes 9,153 310
Gain on sale of assets (3,400) 0
Depreciation, depletion and amortization 308,964 326,270
(Gain) loss on derivative financial instruments (46,761) 94,492
Cash settlements of derivative financial instruments (37,055) (3,673)
Amortization of debt discount and issuance costs 6,200 5,919
Stock-based compensation 15,803 9,971
Decrease in accounts receivable 61,952 1,318
(Increase) decrease in other current assets (2,949) 25,881
Increase in accounts payable and accrued expenses 2,764 46,487
Net cash provided by operating activities 442,170 522,310
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures and acquisitions (847,738) (642,327)
Prepaid drilling costs 18,191 3,060
Proceeds from sales of assets 18,400 0
Net cash used for investing activities (811,147) (639,267)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on bank credit facilities 712,000 335,000
Repayments of bank credit facilities (427,000) (275,000)
Debt issuance costs (1,496) (36)
Income tax withholdings on equity awards (5,514) (10,947)
Redemption of noncontrolling interest (445,000) 0
Contributions from noncontrolling interest 600,126 92,500
Distributions to noncontrolling interest (24,589) (5,500)
Noncontrolling interest transaction costs (18,472) 0
Net cash provided by financing activities 390,055 136,017
Net increase in cash and cash equivalents 21,078 19,060
Cash and cash equivalents, beginning of period 23,930 6,799
Cash and cash equivalents, end of period $ 45,008 $ 25,859