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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 including non-controlling interests $ 848,627 $ 1,023,779 $ 1,858,470
Adjustments to reconcile net income including non-controlling interests to net cash provided by operating activities:      
Depreciation, depletion and amortization 1,107,776 598,562 369,659
(Gain) loss on sale of assets (17,088) 2,764 (523,767)
Impairment 9,839 28,963 (344)
Deferred income taxes 221,921 295,548 28,341
Net gain from investment in unconsolidated affiliate (51,284) (21,330) (34,366)
Net (gain) loss on derivative instruments (12,563) (63,182) 208,128
Equity-based compensation expenses 22,996 46,108 61,269
Deferred financing costs amortization and other 1,056 505 3,194
Working capital and other changes:      
Change in accounts receivable, net (7,746) (147,870) 84,041
Change in inventory (14,307) (12,659) 8,756
Change in prepaid expenses 10,850 (1,199) 3,423
Change in accounts payable, interest payable and accrued liabilities 30,047 78,267 (131,687)
Change in other assets and liabilities, net (52,897) (8,405) (11,091)
Net cash provided by operating activities 2,097,227 1,819,851 1,924,026
Cash flows from investing activities:      
Capital expenditures (1,179,075) (905,673) (531,327)
Acquisitions, net of cash acquired (655,023) (361,609) (148,144)
Proceeds from divestitures, net of cash divested 60,748 54,445 169,198
Costs related to divestitures 0 0 (11,368)
Derivative settlements (12,672) (268,887) (633,025)
Proceeds from sale of investment in unconsolidated affiliate 0 40,612 428,231
Contingent consideration received 25,000 0 0
Distributions from investment in unconsolidated affiliate 7,205 10,806 43,873
Net cash used in investing activities (1,753,817) (1,430,306) (682,562)
Cash flows from financing activities:      
Proceeds from revolving credit facility 3,535,000 260,000 1,035,000
Principal payments on revolving credit facility (3,090,000) (260,000) (1,020,000)
Cash paid to settle Enerplus senior notes (63,000) 0 0
Cash paid to settle Whiting debt 0 0 (2,154)
Deferred financing costs (3,313) 0 (5,997)
Repurchases of common stock (444,235) (239,339) (151,950)
Tax withholding on vesting of equity-based awards (63,386) (14,604) (41,752)
Dividends paid (529,910) (500,304) (654,728)
Payments on finance lease liabilities (1,458) (1,702) (1,299)
Proceeds from warrants exercised 35,844 91,251 19,784
Net cash used in financing activities (624,458) (664,698) (823,096)
Increase (decrease) in cash and cash equivalents (281,048) (275,153) 418,368
Cash and cash equivalents:      
Beginning of period 317,998 593,151 174,783
End of period 36,950 317,998 593,151
Supplemental cash flow information:      
Cash paid for interest, net of capitalized interest 49,509 26,371 24,266
Cash paid for income taxes 53,721 17,195 10,000
Supplemental non-cash transactions:      
Change in accrued capital expenditures 43,235 45,513 (21,668)
Change in asset retirement obligations 6,220 1,238 852
Non-cash consideration exchanged in business combinations 3,732,137 0 2,585,211
Investment in unconsolidated affiliate 0 0 568,312
Dividends payable $ 16,658 $ 37,553 $ 30,630