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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 341,748,000 $ 560,460,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, and amortization 434,089,000 389,379,000
Deferred income tax expense 89,975,000 125,440,000
Abandonment and impairment of unproved properties 0 17,975,000
Stock-based compensation 17,275,000 14,225,000
Amortization of deferred financing costs 2,305,000 2,180,000
Derivative (gain) loss (30,087,000) 368,143,000
Derivative cash settlement loss (11,885,000) (348,209,000)
(Gain) loss on property transactions, net 254,000 (16,797,000)
Other 292,000 155,000
Changes in current assets and liabilities:    
Accounts receivable, net 176,984,000 (32,776,000)
Prepaid expenses and other assets 26,338,000 (6,579,000)
Accounts payable and accrued liabilities (157,973,000) 192,839,000
Settlement of asset retirement obligations (13,285,000) (11,667,000)
Net cash provided by operating activities 876,030,000 1,254,768,000
Cash flows from investing activities:    
Acquisitions of oil and natural gas properties (51,247,000) (303,602,000)
Cash acquired 0 44,310,000
Proceeds from sale of oil and natural gas properties 5,764,000 0
Exploration and development of oil and natural gas properties (518,949,000) (467,186,000)
Proceeds from (additions to) other property and equipment (1,157,000)  
Proceeds from (additions to) other property and equipment   66,000
Purchases of carbon offsets (5,651,000) (7,196,000)
Deposits for acquisitions (352,500,000) 0
Other 536,000 117,000
Net cash used in investing activities (923,204,000) (733,491,000)
Cash flows from financing activities:    
Proceeds from credit facility 0 100,000,000
Payments to credit facility 0 (100,000,000)
Proceeds from issuance of senior notes 2,666,250,000 0
Redemption of senior notes 0 (100,000,000)
Dividends paid (347,524,000) (219,768,000)
Common stock repurchased and retired (320,305,000) 0
Proceeds from exercise of stock options 444,000 202,000
Payment of employee tax withholdings in exchange for the return of common stock (12,610,000) (15,740,000)
Payment of deferred financing costs (4,215,000) (1,174,000)
Net cash provided by (used in) financing activities 1,982,040,000 (336,480,000)
Net change in cash, cash equivalents, and restricted cash 1,934,866,000 184,797,000
Cash, cash equivalents, and restricted cash:    
Beginning of period [1] 768,134,000 254,556,000
End of period [1] $ 2,703,000,000 $ 439,353,000
[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”).