| Schedule of Reconciliation of Net Income (Loss) from Segments to Consolidated |
The table below provides information about the Company’s single reportable segment: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (in thousands) | | Total revenues | $ | 1,394,954 | | | $ | 897,983 | | | $ | 2,577,784 | | | $ | 1,848,156 | | Less: | | | | | | | | | Lease and asset operating expense | 207,122 | | | 180,465 | | | 441,278 | | | 372,469 | | | Workover expense | 32,905 | | | 19,360 | | | 63,245 | | | 35,381 | | | Gathering, processing and transportation | 94,479 | | | 106,074 | | | 196,554 | | | 211,362 | | | Production and other taxes | 69,008 | | | 55,105 | | | 124,707 | | | 115,487 | | | Depreciation, depletion and amortization | 358,004 | | | 297,056 | | | 712,129 | | | 579,629 | | | Impairment expense | — | | | 2,985 | | | — | | | 48,632 | | | Midstream and other operating expense | 4,158 | | | 29,027 | | | 10,904 | | | 58,843 | | | General and administrative expense excluding equity-based compensation | 39,987 | | | 31,044 | | | 78,287 | | | 61,176 | | | Equity-based compensation expense | 21,507 | | | 93,568 | | | 46,007 | | | 120,206 | | | Interest expense | 99,823 | | | 75,219 | | | 204,397 | | | 148,400 | | | Other segment items | (25,743) | | | (154,418) | | | 625,748 | | | (71,841) | | | Net income (loss) | $ | 493,704 | | | $ | 162,498 | | | $ | 74,528 | | | $ | 168,412 | | | | | | | | | | | Total development of oil and natural gas properties | $ | 284,124 | | | $ | 264,711 | | | $ | 668,848 | | | $ | 472,253 | |
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