v3.25.2
Consolidated statements of stockholders' equity - USD ($)
$ in Thousands
Total
Preferred Stock
Common stock
Additional paid-in capital
Treasury stock (at cost)
Accumulated deficit
Beginning balance (in shares) at Dec. 31, 2023   595,000 35,414,000      
Beginning balance at Dec. 31, 2023 $ 2,785,257 $ 6 $ 354 $ 3,733,775 $ 0 $ (948,878)
Beginning balance (in shares) at Dec. 31, 2023         0  
Increase (Decrease) in Stockholders' Equity            
Restricted stock awards (in shares)     445,000      
Restricted stock awards 1   $ 5 (4)    
Restricted stock forfeitures (in shares)     (5,000)      
Restricted stock forfeitures 0          
Stock exchanged for tax withholding (in shares)     (72,000)   72,000  
Stock exchanged for tax withholding 0   $ (1) (3,410) $ 3,411  
Retirement of treasury stock (in shares)         (72,000)  
Retirement of treasury stock (3,411)       $ (3,411)  
Share-settled equity-based compensation 4,348     4,348    
Equity issued for acquisitions of oil and natural gas properties (in shares)   980,000 879,000      
Equity issued for acquisition of oil and natural gas properties 78,740 $ 10 $ 9 78,721    
Net income (loss) (66,131)         (66,131)
Ending balance (in shares) at Mar. 31, 2024   1,575,000 36,661,000      
Ending balance at Mar. 31, 2024 2,798,804 $ 16 $ 367 3,813,430 $ 0 (1,015,009)
Ending balance (in shares) at Mar. 31, 2024         0  
Beginning balance (in shares) at Dec. 31, 2023   595,000 35,414,000      
Beginning balance at Dec. 31, 2023 2,785,257 $ 6 $ 354 3,733,775 $ 0 (948,878)
Beginning balance (in shares) at Dec. 31, 2023         0  
Increase (Decrease) in Stockholders' Equity            
Net income (loss) (29,429)          
Ending balance (in shares) at Jun. 30, 2024   0 38,165,000      
Ending balance at Jun. 30, 2024 2,835,898 $ 0 $ 382 3,814,475 $ 0 (978,959)
Ending balance (in shares) at Jun. 30, 2024         0  
Beginning balance (in shares) at Mar. 31, 2024   1,575,000 36,661,000      
Beginning balance at Mar. 31, 2024 2,798,804 $ 16 $ 367 3,813,430 $ 0 (1,015,009)
Beginning balance (in shares) at Mar. 31, 2024         0  
Increase (Decrease) in Stockholders' Equity            
Restricted stock awards (in shares)     13,000      
Restricted stock awards 0          
Restricted stock forfeitures (in shares)     (8,000)      
Restricted stock forfeitures 0          
Stock exchanged for tax withholding 0     (9) $ 9  
Retirement of treasury stock (9)       (9)  
Share-settled equity-based compensation 4,865     4,865    
Preferred stock conversion (in shares)   (1,575,000) 1,575,000      
Preferred stock conversion 0 $ (16) $ 16      
Preferred stock dividend paid (652)         (652)
Equity issued for acquisition of oil and natural gas properties (in shares)     (76,000)      
Equity issued for acquisition of oil and natural gas properties (3,812)   $ (1) (3,811)    
Net income (loss) 36,702         36,702
Ending balance (in shares) at Jun. 30, 2024   0 38,165,000      
Ending balance at Jun. 30, 2024 2,835,898 $ 0 $ 382 3,814,475 $ 0 (978,959)
Ending balance (in shares) at Jun. 30, 2024         0  
Beginning balance (in shares) at Dec. 31, 2024   0 38,144,000      
Beginning balance at Dec. 31, 2024 2,700,571 $ 0 $ 381 3,823,241 $ 0 (1,123,051)
Beginning balance (in shares) at Dec. 31, 2024         0  
Increase (Decrease) in Stockholders' Equity            
Restricted stock awards (in shares)     651,000      
Restricted stock awards 0   $ 7 (7)    
Restricted stock forfeitures (in shares)     (7,000)      
Restricted stock forfeitures 0          
Stock exchanged for tax withholding (in shares)     (126,000)   126,000  
Stock exchanged for tax withholding 0   $ (1) (3,922) $ 3,923  
Retirement of treasury stock (in shares)         (126,000)  
Retirement of treasury stock (3,923)       $ (3,923)  
Share-settled equity-based compensation 4,694     4,694    
Performance share conversion (in shares)     40,000      
Performance share conversion 0          
Net income (loss) (18,837)         (18,837)
Ending balance (in shares) at Mar. 31, 2025   0 38,702,000      
Ending balance at Mar. 31, 2025 2,682,505 $ 0 $ 387 3,824,006 $ 0 (1,141,888)
Ending balance (in shares) at Mar. 31, 2025         0  
Beginning balance (in shares) at Dec. 31, 2024   0 38,144,000      
Beginning balance at Dec. 31, 2024 2,700,571 $ 0 $ 381 3,823,241 $ 0 (1,123,051)
Beginning balance (in shares) at Dec. 31, 2024         0  
Increase (Decrease) in Stockholders' Equity            
Net income (loss) (601,409)          
Ending balance (in shares) at Jun. 30, 2025   0 38,688,000      
Ending balance at Jun. 30, 2025 2,105,578 $ 0 $ 387 3,829,651 $ 0 (1,724,460)
Ending balance (in shares) at Jun. 30, 2025         0  
Beginning balance (in shares) at Mar. 31, 2025   0 38,702,000      
Beginning balance at Mar. 31, 2025 2,682,505 $ 0 $ 387 3,824,006 $ 0 (1,141,888)
Beginning balance (in shares) at Mar. 31, 2025         0  
Increase (Decrease) in Stockholders' Equity            
Restricted stock awards (in shares)     24,000      
Restricted stock awards 0          
Restricted stock forfeitures (in shares)     (106,000)      
Restricted stock forfeitures 0   $ (1) 1    
Stock exchanged for tax withholding (in shares)     (2,000)   2,000  
Stock exchanged for tax withholding 0     (33) $ 33  
Retirement of treasury stock (in shares)         (2,000)  
Retirement of treasury stock (33)       $ (33)  
Share-settled equity-based compensation 4,167     4,167    
Other (in shares)     70,000      
Other (1,511)   $ 1 1,510    
Net income (loss) (582,572)         (582,572)
Ending balance (in shares) at Jun. 30, 2025   0 38,688,000      
Ending balance at Jun. 30, 2025 $ 2,105,578 $ 0 $ 387 $ 3,829,651 $ 0 $ (1,724,460)
Ending balance (in shares) at Jun. 30, 2025         0