v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Liabilities (in thousands):
June 30, 2026December 31, 2025
Revenue payable and suspense$139,691 $157,532 
Accounts payable65,061 53,107 
Accrued capital expenditures73,892 30,873 
Accrued transportation, gathering, processing and compression38,247 38,544 
Other accrued liabilities50,130 62,326 
Total accounts payable and accrued liabilities$367,021 $342,382 
Schedule of Supplemental Cash and Non Cash Information
Supplemental Cash Flow and Non-Cash Information (in thousands):
Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Supplemental disclosure of cash flow information:
Interest payments, net of amounts capitalized$28,695 $23,191 
Income taxes paid$795 $2,400 
Changes in operating assets and liabilities, net:
Accounts receivable - oil, natural gas, and natural gas liquid sales$70,273 $27,328 
Accounts receivable - joint interest and other(4,361)(3,021)
Accounts payable and accrued liabilities(31,204)(17,329)
Prepaid expenses(1,033)(3,060)
Other assets(31)(41)
Total changes in operating assets and liabilities, net$33,644 $3,877 
Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation$1,422 $3,105 
Asset retirement obligation capitalized372 222 
Asset retirement obligation removed due to settlements(74)(1,030)