v3.25.2
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Oil and Gas Sales, Other Revenues Oil and Gas Sales, Other Revenues Oil and Gas Sales, Other Revenues Oil and Gas Sales, Other Revenues
Gain (Loss) on Commodity Derivatives, Net $ 128,819 $ (3,428) $ 150,581 $ (141,959)
Total Revenues 706,809 560,766 1,308,908 957,113
Operating Expenses        
Production Expenses 121,430 100,859 235,470 206,306
Production Taxes 35,616 48,589 71,685 99,799
General and Administrative Expenses 15,628 13,538 30,109 24,931
Legal Settlement Expense 33,091 0 33,091 0
Depletion, Depreciation, Amortization and Accretion 205,741 176,612 411,432 350,570
Impairment of Oil and Gas Assets 115,576 0 115,576 0
Other Expenses 3,561 2,232 6,098 4,251
Total Operating Expenses 530,643 341,830 903,461 685,857
Income From Operations 176,166 218,936 405,447 271,256
Other Income (Expense)        
Interest Expense, Net of Capitalization (44,435) (37,696) (88,285) (75,620)
Gain (Loss) on Unsettled Interest Rate Derivatives, Net 1 0 (143) 0
Other Income 46 63 546 119
Total Other Expense, Net (44,388) (37,633) (87,882) (75,501)
Income Before Income Taxes 131,778 181,303 317,565 195,755
Income Tax Expense 32,193 42,746 78,998 45,592
Net Income 99,585 138,556 238,567 150,163
Net Income Attributable to Common Stockholders $ 99,585 $ 138,556 $ 238,567 $ 150,163
Net Income Per Common Share – Basic (in dollars per share) $ 1.02 $ 1.38 $ 2.43 $ 1.50
Net Income Per Common Share - Diluted (in dollars per share) $ 1.00 $ 1.36 $ 2.39 $ 1.47
Weighted Average Common Shares Outstanding – Basic (in shares) 98,060,407 100,266,462 98,308,686 100,354,467
Weighted Average Common Shares Outstanding - Diluted (in shares) 99,394,539 101,985,074 99,692,134 101,810,603
Oil and Gas Sales        
Revenues        
Oil and Gas Sales $ 574,369 $ 561,025 $ 1,151,321 $ 1,093,066
Other Revenues        
Revenues        
Oil and Gas Sales $ 3,621 $ 3,169 $ 7,006 $ 6,006