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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue and Other Operating Income:        
Gain on Commodity Derivative Instruments $ 14,095 $ 542,472 $ 21,623 $ 1,304,639
Other Revenue and Operating Income 60,086 30,812 96,861 52,170
Total Revenue and Other Operating Income 321,443 839,700 705,995 2,115,676
Operating Expense        
Lease Operating Expense 17,819 13,092 35,545 29,566
Production, Ad Valorem and Other Fees 6,638 5,419 14,263 15,060
Depreciation, Depletion and Amortization 117,541 103,682 236,191 208,904
Purchased Gas Costs 10,371 8,794 23,955 43,140
Selling, General, and Administrative Costs 32,025 30,017 69,695 66,593
Other Operating Expense 21,077 21,031 45,710 36,169
Total Operating Expense 299,544 271,634 618,393 592,231
Other Expense (Income)        
Other (Income) Expense (676) 2,510 (6,074) 3,679
(Gain) Loss on Asset Sales and Abandonments, net (814) (105,986) 19,482 (115,468)
(Gain) Loss on Debt Extinguishment (2) 0 7,043 0
Interest Expense 38,634 34,820 76,075 70,556
Total Other Expense (Income) 37,142 (68,656) 96,526 (41,233)
Total Costs and Expenses 336,686 202,978 714,919 550,998
(Loss) Income Before Income Tax (15,243) 636,722 (8,924) 1,564,678
Income Tax Expense 3,018 161,767 2,486 379,328
Net (Loss) Income $ (18,261) $ 474,955 $ (11,410) $ 1,185,350
(Loss) Earnings per Share        
Basic (in usd per share) $ (0.12) $ 2.89 $ (0.07) $ 7.13
Diluted (in usd per share) (0.12) 2.47 (0.07) 6.09
Dividends Declared (in usd per share) $ 0 $ 0 $ 0 $ 0
Natural Gas, NGLs and Oil Revenue        
Revenue and Other Operating Income:        
Revenues $ 236,233 $ 257,061 $ 562,205 $ 712,700
Purchased Gas Revenue        
Revenue and Other Operating Income:        
Revenues 11,029 9,355 25,306 46,167
Transportation, Gathering and Compression        
Operating Expense        
Cost of Goods Sold 91,709 87,872 188,359 185,968
Exploration and Production Related Other Costs        
Operating Expense        
Cost of Goods Sold $ 2,364 $ 1,727 $ 4,675 $ 6,831