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Fair value measurements (Tables) | 9 Months Ended
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Sep. 30, 2025
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis | The following tables present the Company's derivatives by (i) balance sheet classification, (ii) derivative type and (iii) fair value hierarchy level, and provide a total, on a gross basis and a net basis reflected in "Derivatives" on the consolidated balance sheets as of the dates presented:
|  | September 30, 2025
(in thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Total gross fair value |  | Amounts offset |  | Net fair value presented on the consolidated balance sheets
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Commodity |  | $ | — |  |  | $ | 158,376 |  |  | $ | — |  |  | $ | 158,376 |  |  | $ | (9,095) |  |  | $ | 149,281 |
Contingent consideration |  | — |  |  | — |  |  | 51 |  |  | 51 |  |  | — |  |  | 51 |
Noncurrent: |  |  |  |  |  |  |  |  |  |  |  |
Commodity |  | — |  |  | (1,834) |  |  | — |  |  | (1,834) |  |  | 4,324 |  |  | 2,490 |
Contingent consideration |  | — |  |  | — |  |  | 18,470 |  |  | 18,470 |  |  | — |  |  | 18,470 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Commodity |  | — |  |  | (9,095) |  |  | — |  |  | (9,095) |  |  | 9,095 |  |  | — |
Noncurrent: |  |  |  |  |  |  |  |  |  |  |  |
Commodity |  | — |  |  | (21,513) |  |  | — |  |  | (21,513) |  |  | (4,324) |  |  | (25,837) |
Net derivative asset (liability) positions |  | $ | — |  |  | $ | 125,934 |  |  | $ | 18,521 |  |  | $ | 144,455 |  |  | $ | — |  |  | $ | 144,455 |
|  | December 31, 2024
(in thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Total gross fair value |  | Amounts offset |  | Net fair value presented on the consolidated balance sheets
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Commodity |  | $ | — |  |  | $ | 98,825 |  |  | $ | — |  |  | $ | 98,825 |  |  | $ | 2,638 |  |  | $ | 101,463 |
Contingent consideration |  | — |  |  | — |  |  | 11 |  |  | 11 |  |  | — |  |  | 11 |
Noncurrent: |  |  |  |  |  |  |  |  |  |  |  |
Commodity |  | — |  |  | 28,126 |  |  | — |  |  | 28,126 |  |  | (9,866) |  |  | 18,260 |
Contingent consideration |  | — |  |  | — |  |  | 16,304 |  |  | 16,304 |  |  | — |  |  | 16,304 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Commodity |  | — |  |  | 2,638 |  |  | — |  |  | 2,638 |  |  | (2,638) |  |  | — |
Noncurrent: |  |  |  |  |  |  |  |  |  |  |  |
Commodity |  | — |  |  | (15,680) |  |  | — |  |  | (15,680) |  |  | 9,866 |  |  | (5,814) |
Net derivative asset (liability) positions |  | $ | — |  |  | $ | 113,909 |  |  | $ | 16,315 |  |  | $ | 130,224 |  |  | $ | — |  |  | $ | 130,224 |
Schedule of Changes in Contingent Consideration Derivatives | The following table summarizes the changes in contingent consideration derivatives classified as Level 3 measurements for the periods presented:
|  | Three months ended September 30, |  | Nine months ended September 30,
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Balance of Level 3 at beginning of period |  | $ | 25,230 |  |  | $ | 33,027 |  |  | $ | 16,315 |  |  | $ | 31,106 |
Change in Sixth Street Contingent Consideration fair value |  | (6,709) |  |  | (10,550) |  |  | 2,206 |  |  | (8,629) |
Balance of Level 3 at end of period |  | $ | 18,521 |  |  | $ | 22,477 |  |  | $ | 18,521 |  |  | $ | 22,477 |
Schedule of Carrying Amount and Fair Value of Debt Instruments | The following table presents the carrying amounts and fair values of the Company's debt as of the dates presented:
|  | September 30, 2025 |  | December 31, 2024
(in thousands) |  | Carrying amount(1) |  | Fair value(2) |  | Carrying amount(1) |  | Fair value(2)
Debt |  | $ | 2,305,578 |  |  | $ | 2,284,715 |  |  | $ | 2,480,578 |  |  | $ | 2,455,032 |
______________________________________________________________________________ (1)Amounts presented do not include issuance premiums or discounts. (2)The fair values of the outstanding notes were determined using the Level 2 fair value hierarchy quoted market prices for each respective instrument as of September 30, 2025 and December 31, 2024. The fair values of the outstanding amounts under the Senior Secured Credit Facility approximate the carrying values based on short-term floating interest rates available to the Company as of September 30, 2025 and December 31, 2024.

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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