v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 251,761 $ 260,049
Accounts receivable 160,330 147,901
Drilling advances 1,908 2,275
Other current assets 2,738 599
Total current assets 416,737 410,824
PROPERTY, PLANT AND EQUIPMENT    
Oil and natural gas properties 4,663,958 4,403,210
Other 20,483 18,716
Accumulated depreciation, depletion and amortization (2,328,886) (2,115,892)
Total property, plant and equipment, net 2,355,555 2,306,034
OTHER ASSETS    
Deferred financing costs, net 6,302 7,022
Deferred tax assets 49,285 77,637
Other long-term assets 32,769 19,318
Total other assets 88,356 103,977
TOTAL ASSETS 2,860,648 2,820,835
CURRENT LIABILITIES    
Accounts payable 165,548 181,073
Other current liabilities (Note 6) 123,072 109,188
Total current liabilities 288,620 290,261
LONG-TERM LIABILITIES    
Long-term debt, net 392,880 392,513
Asset retirement obligations, net of current 164,153 161,295
Other long-term liabilities 16,649 9,440
Total long-term liabilities 573,682 563,248
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY    
Additional paid-in capital 1,885,948 1,880,243
Treasury Stock, at cost, 43,168 shares and 38,808 shares in 2025 and 2024, respectively (822,833) (721,279)
Retained earnings 878,374 754,591
Noncontrolling interest 56,833 53,747
Total equity 1,998,346 1,967,326
TOTAL LIABILITIES AND EQUITY 2,860,648 2,820,835
Class A Common Stock    
EQUITY    
Common stock 23 23
Class B Common Stock    
EQUITY    
Common stock $ 1 $ 1