v3.26.1
SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting
The following table presents selected financial information with respect to the Company's one operating segment (in thousands):
Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Total revenues$437,532 $197,034 
Significant segment expenses
Lease operating expenses24,456 20,283 
Taxes other than income9,184 6,626 
Transportation, gathering, processing and compression90,567 82,870 
Depreciation, depletion, and amortization75,430 65,622 
General and administrative9,708 9,001 
Interest expense15,386 13,356 
Other segment expenses(1)
2,296 (84)
Income tax expense (benefit)44,683 (176)
Total significant segment expenses271,710 197,498 
Net income (loss)$165,822 $(464)
Capital expenditures(2)
$168,919 $170,025 
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(1)    Other segment expenses include “Accretion expense” and “Other, net” from the consolidated statements of operations.
(2)    Capital expenditures include capitalized general and administrative costs and capitalized interest expense.