Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents selected financial information with respect to the Company’s single operating segment (in thousands):


						Year Ended December 31,
						2025						2024						2023
Revenues
Oil						$	77,270					$	68,231					$	78,174
Natural gas						41,587						21,397						34,941
NGL						37,500						35,662						35,526
Total revenues						156,357						125,290						148,641
Expenses
Lease operating expenses						36,191						40,012						41,862
Production, ad valorem, and other taxes						9,846						6,780						10,870
Depreciation and depletion—oil and natural gas						36,439						25,976						15,657
Depreciation and amortization—other						6,433						6,503						6,518
General and administrative						13,201						11,695						10,735
Restructuring expenses						1,060						474						406
Employee termination benefits						—						—						19
(Gain) loss on derivative contracts						(7,763)						(748)						(1,447)
Other operating (income) expense						—						1,372						(157)
Total expenses						95,407						92,064						84,463
Income (loss) from operations						60,950						33,226						64,178
Other income (expense)
Interest income (expense), net						3,687						7,744						10,552
Other income (expense), net						31						(216)						87
Total other income (expense)						3,718						7,528						10,639
Income (loss) before income taxes						64,668						40,754						74,817
Income tax (benefit)						(5,535)						(22,232)						13,960
Net income (loss)						$	70,203					$	62,986					$	60,857

Capital expenditures, including acquisitions						$	77,500					$	156,472					$	33,664