CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Current Assets:
Cash and Cash Equivalents	$ 6,162	$ 779
Restricted Cash	2,428	12,685
Accounts and Notes Receivable:
Trade, net	163,835	264,658
Other Receivables, net	25,771	61,249
Supplies Inventories	32,509	26,201
Derivative Instruments	220,712	106,068
Prepaid Expenses	19,938	18,697
Total Current Assets	471,355	490,337
Property, Plant and Equipment:
Property, Plant and Equipment	14,380,988	14,057,224
Less—Accumulated Depreciation, Depletion and Amortization	6,442,893	6,193,871
Total Property, Plant and Equipment—Net	7,938,095	7,863,353
Other Non-Current Assets:
Operating Lease Right-of-Use Assets	126,593	150,310
Derivative Instruments	165,543	134,396
Goodwill	323,314	323,314
Other Intangible Assets	54,057	57,333
Other	57,942	75,403
Total Other Non-Current Assets	727,449	740,756
TOTAL ASSETS	9,136,899	9,094,446
Current Liabilities:
Accounts Payable	179,800	158,811
Derivative Instruments	174,882	377,945
Current Portion of Finance Lease Obligations	5,110	5,095
Current Portion of Long-Term Debt	0	208,095
Current Portion of Operating Lease Obligations	46,792	48,453
Other Accrued Liabilities	251,308	325,976
Total Current Liabilities	657,892	1,124,375
Non-Current Liabilities:
Long-Term Debt	2,223,745	2,213,264
Finance Lease Obligations	22,437	24,991
Operating Lease Obligations	82,024	104,955
Derivative Instruments	78,928	158,368
Deferred Income Taxes	969,080	857,367
Asset Retirement Obligations	165,693	163,051
Other	93,291	111,059
Total Non-Current Liabilities	3,635,198	3,633,055
TOTAL LIABILITIES	4,293,090	4,757,430
Stockholders’ Equity:
Common Stock, $.01 Par Value; 500,000,000 Shares Authorized, 149,036,879 Issued and Outstanding at June 30, 2026; 142,590,509 Issued and Outstanding at December 31, 2025	1,491	1,427
Capital in Excess of Par Value	2,526,486	2,357,039
Preferred Stock, 15,000,000 shares authorized, None issued and outstanding	0	0
Retained Earnings	2,321,367	1,984,229
Accumulated Other Comprehensive Loss	(5,535)	(5,679)
TOTAL STOCKHOLDERS' EQUITY	4,843,809	4,337,016
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 9,136,899	$ 9,094,446

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- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).