v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 112,863 $ 110,795
Accounts receivable (less allowance for credit losses: $3,844 and $3,088) 835,140 1,457,959
Derivative instruments, at fair value 138,943 202,390
Prepaid expenses and other 90,881 124,007
Total current assets 1,177,827 1,895,151
Property, plant and equipment 49,741,567 48,472,497
Less: Accumulated depreciation and depletion 16,188,972 14,914,689
Net property, plant and equipment 33,552,595 33,557,808
Investments in unconsolidated entities 3,946,497 3,630,577
Net intangible assets 193,100 200,486
Goodwill 2,062,462 2,062,462
Other assets 388,359 446,390
Total assets 41,320,840 41,792,874
Current liabilities:    
Current portion of debt 114,959 507,119
Accounts payable 1,166,963 1,367,431
Derivative instruments, at fair value 50,106 137,299
Accrued interest 103,785 137,505
Other current liabilities 314,466 335,487
Total current liabilities 1,750,279 2,484,841
Revolving credit facility borrowings 324,000 360,000
Senior notes 5,216,755 6,933,209
Deferred income taxes 3,963,965 3,472,010
Asset retirement obligations and other liabilities 1,202,444 1,182,666
Total liabilities 12,457,443 14,432,726
Equity:    
Common stock, no par value, shares authorized: 1,280,000, shares issued: 625,513 and 624,076 19,529,362 19,517,761
Retained earnings 5,731,287 4,237,089
Accumulated other comprehensive loss (1,773) (2,173)
Total common shareholders' equity 25,258,876 23,752,677
Noncontrolling interests in consolidated subsidiaries 3,604,521 3,607,471
Total equity 28,863,397 27,360,148
Total liabilities and equity $ 41,320,840 $ 41,792,874