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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net Income $ 838,723 $ 784,288 $ 1,248,080
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion, and amortization 2,056,427 1,171,192 816,446
Abandonment and impairment of unproved properties 0 0 17,975
Stock-based compensation 48,272 34,931 31,367
Derivative (gain) loss, net (37,490) (9,307) 335,160
Derivative cash settlement gain (loss), net 6,435 (68,246) (576,802)
Amortization of deferred financing costs and deferred acquisition consideration 52,702 9,293 4,464
(Gain) loss on property transactions, net 2,566 254 (15,880)
Deferred income tax expense 235,773 245,163 337,502
Other, net 1,084 (740) 2,588
Changes in operating assets and liabilities, net      
Increase (Decrease) in Accounts Receivable (23,036) (39,869) (941)
Increase (Decrease) in Prepaid Expense and Other Assets (17,644) 19,987 (34,025)
Increase (Decrease) in Accounts Payable and Accrued Liabilities (298,584) 91,814 311,107
Net cash provided by operating activities 2,865,228 2,238,760 2,477,041
Cash flows from investing activities:      
Acquisitions of businesses, net of cash acquired (905,096) (3,655,612) (236,160)
Acquisitions of crude oil and natural gas properties (47,440) (154,855) (97,453)
Deposits for acquisitions 0 (161,250) 0
Purchases of carbon credits and renewable energy credits (5,744) (6,151) (7,298)
Other, net 2,000 (3,355) 136
Net cash used in investing activities (2,671,882) (5,243,155) (1,306,095)
Payments To Explore And Develop Oil And Gas Properties And Other Properties (1,924,426) (1,352,388) (967,096)
Proceeds From Sale Of Oil And Gas Property And Equipment And Other Property And Equipment 208,824 90,456 1,776
Cash flows from financing activities:      
Proceeds from credit facility 1,900,000 2,120,000 100,000
Payments to credit facility (2,200,000) (1,370,000) (100,000)
Proceeds from issuance of senior notes 0 3,653,750 0
Payment of deferred financing costs and other (7,724) (45,788) (1,174)
Redemption of senior notes 0 0 (100,000)
Dividends paid (493,842) (660,320) (536,922)
Common stock repurchased and retired (427,305) (320,398) 0
Payment of employee tax withholdings in exchange for the return of common stock (12,037) (13,416) (19,580)
Proceeds from (Payments for) Other Financing Activities (3,427) (752) 308
Net cash provided by (used in) financing activities (1,244,335) 3,363,076 (657,368)
Net change in cash, cash equivalents, and restricted cash (1,050,989) 358,681 513,578
Cash, cash equivalents, and restricted cash:      
Beginning of period 1,126,815 768,134 254,556
End of period $ 75,826 1,126,815 768,134
Restricted Cash and Cash Equivalents, Current   $ 1,900 $ 100