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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net income $ 77,969 $ 73,566
Adjustments to reconcile net income to net cash provided by operating activities:    
Exploratory well costs and lease expirations 404 619
Depletion, depreciation, amortization and accretion 55,971 46,390
Other impairments 30,158 0
(Gain) loss on derivatives, net (6,781) 20,925
Settlements on derivative contracts (910) (13,660)
Amortization of deferred financing costs and discount 3,975 2,470
Share-based compensation expense 6,693 3,594
Deferred income tax expense 8,732 17,602
Income (loss) from equity method investment 235 213
Other 0 (25)
Changes in operating assets and liabilities    
Accounts receivable (5,908) (19,771)
Prepaid expenses and other current assets (438) (1,279)
Other non-current assets (1,235) (937)
Accounts payable and accrued liabilities 1,790 6,720
Inventory (1,114) (2,108)
Revenue payable 2,959 9,423
Other current liabilities 7,396 (2,370)
Net Cash Provided by Operating Activities 179,896 141,372
Cash Flows from Investing Activities:    
Additions to oil and natural gas properties (76,372) (114,298)
Net assets acquired in business combination 0 (324,686)
Acquisitions of oil and natural gas properties (19,597) (5,443)
Contributions to equity method investment (16,662) (3,566)
Additions to other property and equipment (694) (499)
Net Cash Used in Investing Activities (113,325) (448,492)
Cash Flows from Financing Activities:    
Deferred financing costs (80) (6,250)
Proceeds from credit facility 15,000 178,000
Repayments under credit facility (70,000) (24,000)
Proceeds from Senior Notes, net of discount 0 188,000
Repayments of Senior Notes (15,000) (10,000)
Payment of common share dividends (22,839) (20,173)
Proceeds from issuance of common shares, net 25,415 87
Common stock repurchased for tax withholding (1,064) (1,479)
Net Cash (Used in) Provided by Financing Activities (68,568) 304,185
Net Decrease in Cash (1,997) (2,935)
Cash, Beginning of Period 15,319 13,301
Cash, End of Period 13,322 10,366
Cash Paid For:    
Interest, net of capitalized interest 24,709 18,140
Income taxes, net of refunds 16,043 4,633
Non-cash Investing and Financing Activities:    
Changes in capital expenditures in accounts payable and accrued liabilities (790) (9,662)
Right of use assets obtained in exchange for operating lease liability 632 (517)
Assets contributed to equity method investment 0 2,272
Asset retirement obligations assumed in acquisitions $ 9,727 $ 19,359