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Earnings per Share (Tables) | 3 Months Ended
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Mar. 31, 2026
Earnings Per Share [Abstract] |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following table details the weighted-average number of anti-dilutive securities for the periods presented:
|  |  | For the Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
|  |  |  |  | (in millions)
Anti-dilutive (1) |  |  |  |  | 1 |  | —
____________________________________________ (1) Amount includes Civitas equity awards converted to RSUs of the Company that were outstanding during a portion of the three months ended March 31, 2026.
Schedule of calculations of basic and diluted net income (loss) per common share | The following table sets forth the calculations of basic and diluted net income (loss) per common share:
|  |  | For the Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025
|  |  |  |  | (in millions, except per share data)
Net income (loss) |  |  |  |  | $ | (335) |  |  | $ | 182 |
Basic weighted-average common shares outstanding (1) |  |  |  |  | 199 |  | 115
Dilutive effect of non-vested RSUs, contingent PSUs, and other |  |  |  |  | — |  | —
Diluted weighted-average common shares outstanding |  |  |  |  | 199 |  | 115
Basic net income (loss) per common share |  |  |  |  | $ | (1.68) |  |  | $ | 1.59 |
Diluted net income (loss) per common share |  |  |  |  | $ | (1.68) |  |  | $ | 1.59 |
____________________________________________ (1) Amount includes shares issued in connection with the Civitas Merger that were outstanding during a portion of the three months ended March 31, 2026.

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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