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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue and Other Operating Income:        
Gain on Commodity Derivative Instruments $ 131,695 $ 88,964 $ 24,596 $ 110,587
Other Revenue and Operating Income 42,129 48,484 135,956 145,345
Total Revenue and Other Operating Income 583,840 424,213 1,628,650 1,130,208
Operating Expense        
Lease Operating Expense 27,127 17,253 76,715 52,798
Production, Ad Valorem and Other Fees 7,725 6,646 24,666 20,909
Depreciation, Depletion and Amortization 149,323 121,227 428,979 357,418
Purchased Gas Costs 8,455 26,594 29,066 50,549
Selling, General, and Administrative Costs 30,375 32,498 98,456 102,194
Other Operating Expense 19,178 16,462 54,273 62,172
Total Operating Expense 340,892 318,889 1,006,829 937,283
Other (Income) Expense        
Other Expense (Income) 1,752 (4,590) 9,429 (10,664)
(Gain) Loss on Asset Sales and Abandonments, net (67,460) (10,570) (94,759) 8,912
Loss on Debt Extinguishment 0 0 0 7,043
Interest Expense 42,964 37,923 128,616 113,997
Total Other (Income) Expense (22,744) 22,763 43,286 119,288
Total Costs and Expenses 318,148 341,652 1,050,115 1,056,571
Income Before Income Tax 265,692 82,561 578,535 73,637
Income Tax Expense 63,589 17,021 141,625 19,507
Net Income $ 202,103 $ 65,540 $ 436,910 $ 54,130
Earnings per Share        
Basic (in usd per share) $ 1.45 $ 0.44 $ 3.05 $ 0.36
Diluted (in usd per share) 1.21 0.37 2.57 0.32
Dividends Declared (in usd per share) $ 0 $ 0 $ 0 $ 0
Natural Gas, NGLs and Oil Revenue        
Revenue and Other Operating Income:        
Revenues $ 400,990 $ 259,459 $ 1,437,113 $ 821,664
Purchased Gas Revenue        
Revenue and Other Operating Income:        
Revenues 9,026 27,306 30,985 52,612
Transportation, Gathering and Compression        
Operating Expense        
Transportation, Gathering and Compression and Exploration and Production Related Other Costs 97,053 96,274 289,165 284,633
Exploration and Production Related Other Costs        
Operating Expense        
Transportation, Gathering and Compression and Exploration and Production Related Other Costs $ 1,656 $ 1,935 $ 5,509 $ 6,610