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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income (loss) $ (419,176) $ 5,911
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation, depletion and amortization 354,125 282,573
Impairment expense 0 45,647
Deferred tax expense (benefit) (82,888) (8,200)
(Gain) loss on derivatives 706,591 91,028
Net cash (paid) received on settlement of derivatives (105,972) (10,798)
Non-cash equity-based compensation expense 23,429 26,225
Amortization of debt issuance costs, premium and discount 3,986 3,753
Loss from debt extinguishment 17,397 0
(Gain) loss on sale of oil and natural gas properties 2,878 (10,862)
Settlement of acquired derivative contracts 60,563 17,888
Other (9,475) (10,750)
Changes in operating assets and liabilities (142,267) (95,301)
Net cash provided by operating activities 409,191 337,114
Cash flows from investing activities:    
Development of oil and natural gas properties (320,402) (199,199)
Acquisitions of oil and natural gas properties, net of cash acquired (351,818) (864,674)
Proceeds from the sale of oil and natural gas properties 1,228 6,931
Purchases of restricted investment securities – HTM (7,248) (1,781)
Maturities of restricted investment securities – HTM 7,264 1,800
Other (10,683) 0
Net cash used in investing activities (681,659) (1,056,923)
Cash flows from financing activities:    
Proceeds from the issuance of Senior Notes, after premium, discount and underwriting fees 671,025 0
2031 Convertible Notes capped call (56,649) 0
Repurchase of Senior Notes, including extinguishment costs (551,258) 0
Proceeds from issuance of CRF Term Loan 135,000 0
Repayments of CRF Term Loan (15,500) 0
Payment of debt issuance costs (6,391) (1,142)
Settlement of Ridgemar contingent earn-out consideration (9,509) 0
Dividends (39,348) (23,457)
Distributions to redeemable noncontrolling interests 0 (12,180)
Repurchase of noncontrolling interest (32,196) 0
Noncontrolling interest distributions (757) (1,756)
Cash paid for treasury stock acquired for equity-based compensation tax withholding (8) 0
Repurchases of Class A common stock 0 (5,312)
Net cash provided by (used in) financing activities (448,239) 502,653
Net change in cash, cash equivalents and restricted cash (720,707) (217,156)
Cash, cash equivalents and restricted cash, beginning of period 753,310 240,908
Cash, cash equivalents and restricted cash, end of period 32,603 23,752
Prior Credit Agreement    
Cash flows from financing activities:    
Revolving Credit Facility borrowings 1,204,000 1,079,500
Revolving Credit Facility repayments (1,976,648) (533,000)
Crescent Royalty Finance Credit Facility    
Cash flows from financing activities:    
Revolving Credit Facility borrowings $ 230,000 $ 0