XML 48 R37.htm IDEA: XBRL DOCUMENT
v3.26.1

Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2026
Segment Reporting [Abstract] |
Schedule of Segment Information | The following table provides information about the Company’s one reportable segment and includes the reconciliation to consolidated net income:
|  |  | For the Three Months Ended March 31,
|  |  |  |  | 2026 |  | 2025 |  |
Total revenues |  |  |  |  | 154,872 |  | 85,165 |  |
Less: |  |  |  |  |  |  |  |  |
Gathering, processing, and transportation |  |  |  |  | 19,723 |  | 12,070 |  |
Lease operating |  |  |  |  | 8,916 |  | 6,772 |  |
Production and ad valorem taxes |  |  |  |  | 2,349 |  | 632 |  |
Midstream operations and maintenance expense |  |  |  |  | 1,478 |  | 662 |  |
Depreciation, depletion, and amortization |  |  |  |  | 35,660 |  | 21,258 |  |
General and administrative |  |  |  |  | 21,413 |  | 131,750 |  |
Other segment (income)/expenses(1) |  |  |  |  | 71,676 |  | 40,383 |  |
Segment income |  |  |  |  | $ | (6,343) |  | $ | (128,362) |  |
_____________ (1) Other segment (income) expenses are comprised of net interest expense of $5.8 million and $3.1 million for the three months ended March 31, 2026 and 2025, respectively, gain (loss) on derivative instruments of $(65.1) million and $(37.2) million for the three months ended March 31, 2026 and 2025, respectively, other income (loss) of $(1.1) million and $(0.1) million for the three months ended March 31, 2026 and 2025, respectively and income tax expense (benefit) of $(0.3) million for the three months ended March 31, 2026.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration