Acquisitions - Schedule of Purchase Price Allocation (Details) - USD ($) $ in Thousands |
Mar. 31, 2025 |
Dec. 31, 2024 |
May 31, 2024 |
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Liabilities assumed: | |||
Goodwill | $ 530,616 | $ 530,616 | |
Enerplus Corporation Acquisition | |||
Assets acquired: | |||
Cash and cash equivalents | $ 239,921 | ||
Accounts receivable, net | 281,492 | ||
Inventory | 14,878 | ||
Prepaid expenses | 16,323 | ||
Oil and gas properties (successful efforts method) | 5,253,860 | ||
Other property and equipment | 6,812 | ||
Long-term inventory | 8,636 | ||
Operating right-of-use assets | 42,954 | ||
Other assets | 1,049 | ||
Total assets acquired | 5,865,925 | ||
Liabilities assumed: | |||
Accounts payable | 1,965 | ||
Revenues and production taxes payable | 199,706 | ||
Accrued liabilities | 186,334 | ||
Current portion of long-term debt | 60,063 | ||
Current operating lease liabilities | 27,420 | ||
Deferred tax liabilities | 1,179,200 | ||
Asset retirement obligations | 115,056 | ||
Operating lease liabilities | 15,534 | ||
Total liabilities assumed | 1,785,278 | ||
Net assets acquired | 4,080,647 | ||
Goodwill | 530,616 | ||
Purchase price consideration | $ 4,611,263 |
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- Definition Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Asset Retirement Obligations No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Current Liabilities, Accrued Liabilities No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Current Portion Of Long-Term Debt No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Current Liabilities, Lease Obligation No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Current Liabilities, Revenues And Production Taxes Payable No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Long-Term Inventory No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Oil And Gas Properties No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Operating Right-Of-Use Assets No definition available.
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- Definition Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Other Property And Equipment No definition available.
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- Definition Amount of assets acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of lease obligation assumed in business combination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities incurred for goods and services received that are used in an entity's business and related party payables, assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of inventory recognized as of the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of liabilities assumed at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount recognized for assets, including goodwill, in excess of (less than) the aggregate liabilities assumed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Details
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