v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Disaggregation of revenue
The following table summarizes the Company’s total revenues and revenues from contracts with customers on a disaggregated basis for the three months ended March 31, 2026 and 2025 (in thousands).
Three Months Ended
March 31,
20262025
Revenues from contracts with customers$941,604 $1,006,173 
Realized (loss) gain on derivatives(14,493)2,714 
Unrealized (loss) gain on derivatives(255,474)5,071 
Total revenues$671,637 $1,013,958 
Three Months Ended
March 31,
20262025
Oil revenues$788,349 $749,322 
Natural gas revenues30,382 160,596 
Third-party midstream services revenues42,091 33,499 
Sales of purchased natural gas80,782 62,756 
Total revenues from contracts with customers$941,604 $1,006,173 
Reconciliations of basic and diluted distributed and undistributed earnings (loss) per common share
The following table sets forth the computation of diluted weighted average common shares outstanding for the three months ended March 31, 2026 and 2025 (in thousands).
 Three Months Ended
March 31,
20262025
Weighted average common shares outstanding
Basic123,480 125,189 
Dilutive effect of options and restricted stock units— 153 
Diluted weighted average common shares outstanding 123,480 125,342