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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total Revenues $ 102,457 $ 99,744
Costs and Expenses:    
Lease operating expenses 18,331 16,769
Production and ad valorem taxes 6,670 7,231
Exploration costs 9 4
Depletion, depreciation, amortization and accretion 19,138 17,779
General and administrative:    
Administrative costs 7,438 5,339
Share-based compensation expense 1,369 1,692
Total Costs and Expenses 52,955 49,177
Income from Operations 49,502 50,567
Other Income (Expense):    
Interest expense, net (6,661) (9,067)
Loss on derivatives, net (5,850) (17,077)
Income (loss) from equity method investment (119) 167
Total Other Income (Expense) (12,630) (25,977)
Net Income from Operations before Income Taxes 36,872 24,590
Income tax expense (8,239) (5,832)
Net Income $ 28,633 $ 18,758
Net Income per Share:    
Basic (USD per Share) $ 1.36 $ 0.94
Diluted (USD per Share) $ 1.36 $ 0.94
Weighted Average Common Shares Outstanding:    
Basic (in Shares) 21,111 19,891
Diluted (in Shares) 21,111 19,992
Related Party    
General and administrative:    
Cost of contract services - related parties $ 0 $ 363
Oil and natural gas sales, net    
Revenues:    
Total Revenues 102,457 99,424
Contract services - related parties    
Revenues:    
Total Revenues $ 0 $ 320