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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 (loss) $ (137,683) $ 321,991 $ 480,600
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 949,480 675,782 532,926
Impairment expense 161,542 153,495 142,902
Deferred income tax expense (benefit) (35,854) 22,733 33,178
(Gain) loss on sale of assets (29,430) 0 (4,641)
(Gain) loss on derivatives 114,348 (166,980) 676,902
Net cash (paid) received on settlement of derivatives (35,854) (153,734) (779,260)
Non-cash equity-based compensation expense 185,613 82,936 38,063
Amortization of debt issuance costs, premium and discount 13,377 12,826 8,894
Loss from debt extinguishment 59,095 0 0
Restructuring of acquired derivative contracts 0 0 (51,994)
Settlement of acquired derivative contracts 60,787 (61,455) (49,929)
Other (32,640) (24,205) (7,011)
Changes in operating assets and liabilities:      
Accounts receivable 111,405 (42,091) (128,820)
Accounts receivable – affiliates (4,748) 573 18,360
Prepaid and other current assets 3,223 (6,523) (24,932)
Accounts payable and accrued liabilities (128,016) 91,822 127,620
Accounts payable – affiliates (25,144) 20,773 12,044
Other (6,415) 7,826 (12,530)
Net cash provided by operating activities 1,223,086 935,769 1,012,372
Cash flows from investing activities:      
Development of oil and natural gas properties (685,684) (581,350) (592,707)
Acquisitions of oil and natural gas properties, net of cash acquired (558,600) (849,254) (626,620)
Proceeds from the sale of oil and natural gas properties 54,771 28,946 93,203
Purchases of restricted investment securities – HTM (7,114) (12,428) (8,956)
Maturities of restricted investment securities – HTM 7,200 12,522 7,200
Other (8,872) 2,764 3,536
Net cash used in investing activities (1,198,299) (1,398,800) (1,124,344)
Cash flows from financing activities:      
Proceeds from the issuance of Senior Notes, after premium, discount and underwriting fees 2,074,625 984,625 199,250
Repurchase of Senior Notes, including extinguishment costs (714,817) 0 0
Payment of debt issuance costs (28,019) (7,241) (20,051)
Settlement of acquired deferred acquisition consideration (75,000) 0 0
Proceeds from the Equity Issuances after underwriting fees 330,573 145,665 0
Payment of costs related to the Equity Issuances (1,296) (2,340) 0
Redeemable noncontrolling interest contributions 0 1,238 5,985
Redeemable noncontrolling interest distributions (293) (417) (213)
Repayments of debt acquired in SilverBow Merger, including extinguishment costs (1,177,138) 0 0
Dividend to Class A common stock (65,075) (34,120) (27,509)
Cash distributions to redeemable noncontrolling interests initiated by Class A common stock dividend (32,013) (56,259) (78,855)
Cash distributions to redeemable noncontrolling interests initiated by Manager Compensation (22,237) (33,236) (32,250)
Cash contributions from (cash distributions to) redeemable noncontrolling interests initiated by income taxes (458) (798) (18,118)
Noncontrolling interest distributions (10,111) (2,500) (6,477)
Noncontrolling interest contributions 4,280 1,771 55
Repurchase of noncontrolling interest 0 0 (4,060)
Cash paid for treasury stock acquired for equity-based compensation tax withholding (7,536) (72) 0
Repurchases of Class A common stock (7,845) 0 0
Other and member contributions (4,131) (3,912) (5,378)
Net cash provided by (used in) financing activities 207,392 456,456 (7,841)
Net change in cash, cash equivalents and restricted cash 232,179 (6,575) (119,813)
Cash, cash equivalents and restricted cash, beginning of period 8,729 15,304 135,117
Cash, cash equivalents, and restricted cash, end of period 240,908 8,729 15,304
Repurchased in Conjunction with Equity Transaction      
Cash flows from financing activities:      
Repurchase of redeemable noncontrolling interests related to 2024 Equity Transactions (22,701) 0 (36,220)
Repurchased Directly with Cash      
Cash flows from financing activities:      
Repurchase of redeemable noncontrolling interests related to 2024 Equity Transactions (9,916) 0 0
Prior Credit Agreement      
Cash flows from financing activities:      
Revolving Credit Facility borrowings 3,168,300 2,283,800 1,385,000
Revolving Credit Facility repayments $ (3,191,800) $ (2,819,748) $ (1,369,000)