CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Current Assets:
Cash and Cash Equivalents	$ 3,748	$ 779
Restricted Cash	2,428	12,685
Accounts and Notes Receivable:
Trade, net	209,523	264,658
Other Receivables, net	27,928	61,249
Supplies Inventories	30,108	26,201
Derivative Instruments	164,572	106,068
Prepaid Expenses	20,025	18,697
Total Current Assets	458,332	490,337
Property, Plant and Equipment:
Property, Plant and Equipment	14,222,717	14,057,224
Less—Accumulated Depreciation, Depletion and Amortization	6,310,588	6,193,871
Total Property, Plant and Equipment—Net	7,912,129	7,863,353
Other Non-Current Assets:
Operating Lease Right-of-Use Assets	137,987	150,310
Derivative Instruments	184,261	134,396
Goodwill	323,314	323,314
Other Intangible Assets	55,695	57,333
Other	59,465	75,403
Total Other Non-Current Assets	760,722	740,756
TOTAL ASSETS	9,131,183	9,094,446
Current Liabilities:
Accounts Payable	162,043	158,811
Derivative Instruments	244,321	377,945
Current Portion of Finance Lease Obligations	5,106	5,095
Current Portion of Long-Term Debt	208,437	208,095
Current Portion of Operating Lease Obligations	47,486	48,453
Other Accrued Liabilities	260,356	325,976
Total Current Liabilities	927,749	1,124,375
Non-Current Liabilities:
Long-Term Debt	2,158,416	2,213,264
Finance Lease Obligations	23,716	24,991
Operating Lease Obligations	93,438	104,955
Derivative Instruments	107,944	158,368
Deferred Income Taxes	936,137	857,367
Asset Retirement Obligations	163,692	163,051
Other	93,511	111,059
Total Non-Current Liabilities	3,576,854	3,633,055
TOTAL LIABILITIES	4,504,603	4,757,430
Stockholders’ Equity:
Common Stock, $.01 Par Value; 500,000,000 Shares Authorized, 141,942,305 Issued and Outstanding at March 31, 2026; 142,590,509 Issued and Outstanding at December 31, 2025	1,420	1,427
Capital in Excess of Par Value	2,356,077	2,357,039
Preferred Stock, 15,000,000 shares authorized, None issued and outstanding	0	0
Retained Earnings	2,274,690	1,984,229
Accumulated Other Comprehensive Loss	(5,607)	(5,679)
TOTAL STOCKHOLDERS' EQUITY	4,626,580	4,337,016
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 9,131,183	$ 9,094,446

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- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).