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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 310,000 $ 392,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, and amortization 946,000 988,000
Stock-based compensation 26,000 23,000
Derivative (gain) loss, net (156,000) 102,000
Derivative cash settlement gain (loss), net 73,000 (24,000)
Amortization of deferred financing costs and deferred acquisition consideration 9,000 25,000
Deferred income tax expense 90,000 93,000
Other, net (3,000) 0
Accounts receivable, net (47,000) (3,000)
Prepaid expenses and other 16,000 (7,000)
Accounts payable, accrued expenses, and other liabilities (309,000) (437,000)
Changes in operating assets and liabilities, net
Net cash provided by operating activities 1,017,000 1,172,000
Cash flows from investing activities:    
Acquisitions of businesses, net of cash acquired (756,000) (868,000)
Acquisitions of crude oil and natural gas properties (20,000) (14,000)
Capital expenditures for drilling and completion activities and other fixed assets (961,000) (1,091,000)
Proceeds from property transactions 3,000 172,000
Payments For Purchase Of Carbon Credits And Renewable Energy Credits 0 2,000
Net cash used in investing activities (1,734,000) (1,803,000)
Cash flows from financing activities:    
Proceeds from credit facility 1,550,000 1,300,000
Payments to credit facility (1,400,000) (1,200,000)
Proceeds from issuance of senior notes 743,000 0
Dividends paid (97,000) (297,000)
Common stock repurchased and retired (72,000) (192,000)
Payment of employee tax withholdings in exchange for the return of common stock (5,000) (9,000)
Other, net 9,000 6,000
Net cash provided by (used in) financing activities 710,000 (404,000)
Net change in cash, cash equivalents, and restricted cash (7,000) (1,035,000)
Cash, cash equivalents, and restricted cash:    
Beginning of period 76,000 1,127,000
End of period $ 69,000 $ 92,000