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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 45,403 $ 59,065
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation, depletion, and amortization 21,718 16,285
Deferred income taxes (15,439) 0
(Gain) loss on derivative contracts (1,866) (1,447)
Settlement gains (losses) on derivative contracts 199 5,876
Stock-based compensation 1,779 1,422
Other 118 118
Changes in operating assets and liabilities (3,972) 8,040
Net cash provided by operating activities 47,940 89,359
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures for property, plant and equipment (13,572) (25,681)
Acquisition of assets (125,950) (11,232)
Purchase of other property and equipment (1) (29)
Proceeds from sale of assets 861 1,411
Net cash used in investing activities (138,662) (35,531)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid to shareholders (68,222) (77,804)
Reduction of financing lease liability (563) (414)
Proceeds from exercise of stock options 0 94
Tax withholdings paid in exchange for shares withheld on employee vested stock awards (356) (929)
Net cash used in financing activities (69,141) (79,053)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS and RESTRICTED CASH (159,863) (25,225)
CASH, CASH EQUIVALENTS and RESTRICTED CASH, beginning of year 253,944 257,468
CASH, CASH EQUIVALENTS and RESTRICTED CASH, end of period 94,081 232,243
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest, net of amounts capitalized (92) (75)
Supplemental Disclosure of Noncash Investing and Financing Activities    
Capital expenditures for property, plant and equipment in accounts payables and accrued expenses 661 888
Right-of-use assets obtained in exchange for financing lease obligations 230 443
Inventory material transfers to oil and natural gas properties 141 1,246
Asset retirement obligation capitalized 51 12
Asset retirement obligation removed due to divestiture 0 (137)
Change in dividends payable $ 42 $ 253