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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 560,460,000 $ (25,438,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion, and amortization 389,379,000 53,829,000
Deferred income tax expense (benefit) 125,440,000 (10,228,000)
Abandonment and impairment of unproved properties 17,975,000 2,215,000
Stock-based compensation 14,225,000 3,807,000
Amortization of deferred financing costs 2,180,000 526,000
Derivative loss 368,143,000 97,389,000
Derivative cash settlements loss (348,209,000) (23,990,000)
Gain on property transactions, net (16,797,000) 0
Other 155,000 (35,000)
Changes in current assets and liabilities:    
Accounts receivable, net (32,776,000) (14,686,000)
Prepaid expenses and other assets (6,579,000) 2,500,000
Accounts payable and accrued liabilities 192,839,000 (3,428,000)
Settlement of asset retirement obligations (11,667,000) (2,902,000)
Net cash provided by operating activities 1,254,768,000 79,559,000
Cash flows from investing activities:    
Acquisition of oil and natural gas properties (303,602,000) (549,000)
Cash acquired 44,310,000 49,827,000
Exploration and development of oil and natural gas properties (467,186,000) (57,269,000)
Purchases of carbon offsets (7,196,000) 0
Proceeds from (additions to) other property and equipment 66,000  
Proceeds from (additions to) other property and equipment   (38,000)
Other 117,000 0
Net cash used in investing activities (733,491,000) (8,029,000)
Cash flows from financing activities:    
Proceeds from credit facility 100,000,000 155,000,000
Payments to credit facility (100,000,000) (210,000,000)
Redemption of senior notes (100,000,000) 0
Proceeds from exercise of stock options 202,000 409,000
Dividends paid (219,768,000) (10,789,000)
Payment of employee tax withholdings in exchange for the return of common stock (15,740,000) (2,816,000)
Deferred financing costs (1,174,000) (3,653,000)
Other 0 (21,000)
Net cash used in financing activities (336,480,000) (71,870,000)
Net change in cash, cash equivalents, and restricted cash 184,797,000 (340,000)
Cash, cash equivalents, and restricted cash:    
Beginning of period 254,556,000 24,845,000
End of period [1] 439,353,000 24,505,000
Supplemental cash flow disclosure:    
Cash paid for interest (15,821,000) (87,000)
Cash paid for income taxes (6,300,000) 0
Changes in working capital related to drilling expenditures $ (2,666,000) $ (16,285,000)
[1] (1) Includes $0.1 million of restricted cash and consists of funds for road maintenance and repairs that is presented in other noncurrent assets within the accompanying unaudited condensed consolidated balance sheets (“balance sheets”) as of June 30, 2022 and 2021.