The following tables present selected financial information for the periods presented regarding the Company’s business segments on a stand-alone basis, corporate expenses that are not allocated to a segment and the consolidation and elimination entries necessary to arrive at the financial information for the Company on a consolidated basis (in thousands). On a consolidated basis, midstream services revenues consist primarily of those revenues from midstream operations related to third parties, including working interest owners in the Company’s operated wells. All midstream services revenues associated with Company-owned production are eliminated in consolidation. In evaluating the operating results of the exploration and production and midstream segments, the Company does not allocate certain expenses to the individual segments, including general and administrative expenses. Such expenses are reflected in the column labeled “Corporate.”


	Exploration and Production						Consolidations and Eliminations		Consolidated Company
			Midstream		Corporate
Three Months Ended March 31, 2026
Oil and natural gas revenues	$	815,951	$	2,780	$	—	$	—	$	818,731
Midstream services revenues	—		135,948		—		(93,857)		42,091
Sales of purchased natural gas	34,367		46,415		—		—		80,782

Realized loss on derivatives	(14,493)		—		—		—		(14,493)
Unrealized loss on derivatives	(255,474)		—		—		—		(255,474)
Operating expense(1)	147,178		55,227		—		(39,652)		162,753
Other expenses(2)	414,605		67,177		34,486		(54,205)		462,063
Operating income(3)	$	18,568	$	62,739	$	(34,486)	$	—	$	46,821






Total assets(4)	$	10,187,710	$	1,833,540	$	153,239	$	—	$	12,174,489
Capital expenditures(5)	$	479,060	$	15,734	$	2,132	$	—	$	496,926

(2)Includes depletion, depreciation and amortization expenses of $275.3 million and $17.0 million for the exploration and production and midstream segments, respectively. Also includes corporate depletion, depreciation and amortization expenses of $0.4 million. Other expenses for each reportable segment also include (i) transportation and processing, (ii) general and administrative expenses, (iii) accretion of asset retirement obligations, (iv) purchased natural gas and (v) taxes other than income.

(5)Includes $61.4 million attributable to land and seismic acquisition expenditures related to the exploration and production segment and $5.2 million in capital expenditures attributable to non-controlling interest in subsidiaries related to the midstream segment.


	Exploration and Production						Consolidations and Eliminations		Consolidated Company
			Midstream		Corporate
Three Months Ended March 31, 2025
Oil and natural gas revenues	$	905,931	$	3,987	$	—	$	—	$	909,918
Midstream services revenues	—		119,979		—		(86,480)		33,499
Sales of purchased natural gas	25,577		37,179		—		—		62,756

Realized gain on derivatives	2,714		—		—		—		2,714
Unrealized gain on derivatives	5,071		—		—		—		5,071
Operating expense(1)	145,867		51,803		—		(41,456)		156,214
Other expenses(2)	431,339		53,423		28,855		(45,024)		468,593
Operating income(3)	$	362,087	$	55,919	$	(28,855)	$	—	$	389,151
Total assets(4)	$	9,310,313	$	1,665,288	$	106,440	$	—	$	11,082,041
Capital expenditures(5)	$	476,152	$	77,184	$	942	$	—	$	554,278

(2)Includes depletion, depreciation and amortization expenses of $269.5 million and $12.1 million for the exploration and production and midstream segments, respectively. Also includes corporate depletion, depreciation and amortization expenses of $0.4 million. Other expenses for each reportable segment also include (i) transportation and processing, (ii) general and administrative expenses, (iii) accretion of asset retirement obligations, (iv) purchased natural gas and (v) taxes other than income.

(5)Includes $81.8 million attributable to land and seismic acquisition expenditures related to the exploration and production segment and $30.8 million in capital expenditures attributable to non-controlling interest in subsidiaries related to the midstream segment.