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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue and Other Operating Income:        
Gain (Loss) on Commodity Derivative Instruments $ 421,121 $ 14,095 $ (107,099) $ 21,623
Other Revenue and Operating Income 45,864 60,086 93,828 96,861
Total Revenue and Other Operating Income 962,422 321,443 1,044,811 705,995
Operating Expense        
Lease Operating Expense 26,256 17,819 49,588 35,545
Production, Ad Valorem and Other Fees 9,668 6,638 16,941 14,263
Depreciation, Depletion and Amortization 152,595 117,541 279,657 236,191
Purchased Gas Costs 9,402 10,371 20,611 23,955
Selling, General, and Administrative Costs 29,068 32,025 68,082 69,695
Other Operating Expense 21,014 21,077 35,095 45,710
Total Operating Expense 346,726 299,544 665,939 618,393
Other Expense        
Other Expense (Income) 3,729 (676) 7,676 (6,074)
(Gain) Loss on Asset Sales and Abandonments, net (17,715) (814) (27,298) 19,482
(Gain) Loss on Debt Extinguishment 0 (2) 0 7,043
Interest Expense 44,041 38,634 85,652 76,075
Total Other Expense 30,055 37,142 66,030 96,526
Total Costs and Expenses 376,781 336,686 731,969 714,919
Income (Loss) Before Income Tax 585,641 (15,243) 312,842 (8,924)
Income Tax Expense 153,120 3,018 78,036 2,486
Net Income (Loss) $ 432,521 $ (18,261) $ 234,806 $ (11,410)
Earnings (Loss) per Share        
Basic (in usd per share) $ 3.02 $ (0.12) $ 1.61 $ (0.07)
Diluted (in usd per share) 2.53 (0.12) 1.37 (0.07)
Dividends Declared (in usd per share) $ 0 $ 0 $ 0 $ 0
Natural Gas, NGLs and Oil Revenue        
Revenue and Other Operating Income:        
Revenues $ 485,029 $ 236,233 $ 1,036,123 $ 562,205
Purchased Gas Revenue        
Revenue and Other Operating Income:        
Revenues 10,408 11,029 21,959 25,306
Transportation, Gathering and Compression        
Operating Expense        
Transportation, Gathering and Compression and Exploration and Production Related Other Costs 96,953 91,709 192,112 188,359
Exploration and Production Related Other Costs        
Operating Expense        
Transportation, Gathering and Compression and Exploration and Production Related Other Costs $ 1,770 $ 2,364 $ 3,853 $ 4,675