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Derivatives (Tables)
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Gain (Loss) on Derivatives
The following table summarizes components of the Company's gain on derivatives, net by type of derivative instrument for the periods presented:
Three months ended September 30,Nine months ended September 30,
(in thousands)2025202420252024
Commodity$62,778 $237,103 $167,027 $90,693 
Contingent consideration(6,709)(10,550)2,206 (8,629)
Gain (loss) on derivatives, net$56,069 $226,553 $169,233 $82,064 
Schedule of Open Commodity Derivative Positions
The following table summarizes open commodity derivative positions as of September 30, 2025, for commodity derivatives that were entered into through September 30, 2025, for the settlement periods presented:
 Remaining Year 2025Year 2026Year 2027
Oil: 
WTI NYMEX - Swaps:
Volume (Bbl)6,053,600 13,306,500 3,285,000 
Weighted-average price ($/Bbl)$67.75 $64.02 $61.07 
WTI NYMEX - Collars:
Volume (Bbl)— 1,086,000 — 
Weighted-average floor price ($/Bbl)$— $60.00 $— 
Weighted-average ceiling price ($/Bbl)$— $71.02 $— 
NGL:
Non-TET Propane - Swaps:
Volume (Bbl)874,000 — — 
Weighted-average price ($/Bbl)$34.16 $— $— 
Non-TET Ethane - Swaps:
Volume (Bbl)1,104,000 — — 
Weighted-average price ($/Bbl)$11.04 $— $— 
Natural gas:
Waha Inside FERC - Swaps:
Volume (MMBtu)15,034,000 55,480,000 43,800,000 
Weighted-average price ($/MMBtu)$2.32 $2.41 $2.70 
Waha Inside FERC to Henry Hub NYMEX - Basis Swaps: 
Volume (MMBtu)— — 14,600,000 
Weighted-average differential ($/MMBtu)$— $— $(0.97)