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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total Revenues $ 105,403 $ 99,912 $ 205,147 $ 166,924
Costs and Expenses:        
Lease operating expenses 16,492 17,514 33,261 26,389
Production and ad valorem taxes 7,174 7,221 14,405 11,331
Exploration costs 60 80 64 412
Depletion, depreciation, amortization and accretion 17,470 18,601 35,249 27,684
General and administrative:        
Administrative costs 6,644 6,500 11,983 11,967
Share-based compensation expense 3,281 1,225 4,973 2,339
Transaction costs 670 3,652 670 5,539
Total Costs and Expenses 51,791 54,902 100,968 85,880
Income from Operations 53,612 45,010 104,179 81,044
Other Income (Expense):        
Interest expense, net (8,857) (10,161) (17,924) (11,177)
Gain (loss) on derivatives, net (359) 8,665 (17,436) 14,420
Loss from equity method investment (192) (4) (25) (236)
Total Other Income (Expense) (9,408) (1,500) (35,385) 3,007
Net Income from Operations before Income Taxes 44,204 43,510 68,794 84,051
Income tax expense (10,656) (10,442) (16,488) (19,132)
Net Income $ 33,548 $ 33,068 $ 52,306 $ 64,919
Net Income per Share:        
Basic (USD per Share) $ 1.61 $ 1.68 $ 2.57 $ 3.30
Diluted (USD per Share) $ 1.59 $ 1.65 $ 2.55 $ 3.25
Weighted Average Common Shares Outstanding:        
Basic (in Shares) 20,866 19,671 20,378 19,660
Diluted (in Shares) 21,087 19,985 20,539 19,951
Related Party        
General and administrative:        
Cost of contract services $ 0 $ 109 $ 363 $ 219
Oil and natural gas sales, net        
Revenues:        
Total Revenues 105,343 99,312 204,767 165,724
Contract services - related parties        
Revenues:        
Total Revenues $ 60 $ 600 $ 380 $ 1,200