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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Reporting | The following tables present selected financial information with respect to the Company's one operating segment for the three and nine months ended September 30, 2025 and 2024 (in thousands):
| Three Months Ended September 30, 2025 |  | Three Months Ended September 30, 2024
Total revenues | $ | 379,745 |  |  | $ | 253,912 |
Significant segment expenses |  |  |
Lease operating expenses | 20,793 |  |  | 18,218 |
Taxes other than income | 7,925 |  |  | 6,833 |
Transportation, gathering, processing and compression | 96,390 |  |  | 89,900 |
Depreciation, depletion, and amortization | 83,216 |  |  | 82,825 |
Impairment of oil and natural gas properties | — |  |  | 30,487 |
General and administrative | 11,835 |  |  | 10,479 |
Interest expense | 13,590 |  |  | 15,866 |
Loss on debt extinguishment | — |  |  | 13,388 |
Other segment expenses(1) | 3,193 |  |  | 3,716 |
Income tax expense (benefit) | 31,410 |  |  | (3,833) |
Total significant segment expenses | 268,352 |  |  | 267,879 |
Net income (loss) | $ | 111,393 |  |  | $ | (13,967) |
Capital expenditures(2) | $ | 106,072 |  |  | $ | 110,756 |
_____________________ (1) Other segment expenses include “Accretion expense” and “Other, net” from the consolidated statements of operations. (2) Capital expenditures include capitalized general and administrative costs and capitalized interest expense.
| Nine Months Ended September 30, 2025 |  | Nine Months Ended September 30, 2024
Total revenues | $ | 1,024,395 |  |  | $ | 718,258 |
Significant segment expenses |  |  |
Lease operating expenses | 58,704 |  |  | 50,843 |
Taxes other than income | 22,107 |  |  | 22,111 |
Transportation, gathering, processing and compression | 265,768 |  |  | 263,048 |
Depreciation, depletion, and amortization | 222,481 |  |  | 241,401 |
Impairment of oil and natural gas properties | — |  |  | 30,487 |
General and administrative | 31,762 |  |  | 30,429 |
Interest expense | 40,677 |  |  | 46,027 |
Loss on debt extinguishment | — |  |  | 13,388 |
Other segment expenses(1) | 4,597 |  |  | 5,235 |
Income tax expense | 82,904 |  |  | 3,433 |
Total significant segment expenses | 729,000 |  |  | 706,402 |
Net income | $ | 295,395 |  |  | $ | 11,856 |
Capital expenditures(2) | $ | 415,639 |  |  | $ | 393,563 |
_____________________ (1) Other segment expenses include “Accretion expense” and “Other, net” from the consolidated statements of operations. (2) Capital expenditures include capitalized general and administrative costs and capitalized interest expense.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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