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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 236,792 $ 229,006
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 25,640 7,933
Share-based compensation 7,882 6,054
Deferred taxes 1,329 756
Changes in operating assets and liabilities:    
Operating assets, excluding income taxes 8,154 10,016
Operating liabilities, excluding income taxes (1,964) (4,328)
Income taxes payable (207) (3,904)
Cash provided by operating activities 277,626 245,533
Cash flows from investing activities:    
Purchase of fixed assets (12,277) (8,622)
Acquisition of real estate (4,505) (1,026)
Acquisition of royalty interests, net of post-closing adjustments (3,546) 0
Post-close adjustment from seller related to prior year acquisition 3,878 0
Cash used in investing activities (16,450) (9,648)
Cash flows from financing activities:    
Dividends paid (74,216) (53,801)
Shares exchanged for tax withholdings (14,311) (1,207)
Cash settlement of common stock repurchases (100) (16,722)
Cash used in financing activities (88,627) (71,730)
Net increase in cash, cash equivalents and restricted cash 172,549 164,155
Cash, cash equivalents and restricted cash, beginning of period 371,381 730,549
Cash, cash equivalents and restricted cash, end of period 543,930 894,704
Supplemental disclosure of cash flow information:    
Income taxes paid 65,450 66,557
Supplemental non-cash investing and financing information:    
Increase in accounts payable related to capital expenditures 1,439 3,539
(Decrease) increase in accrued dividends on unvested stock awards $ (411) $ 43