v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING ACTIVITIES    
Net Income (Loss) $ (13,565) $ 2,281
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation, depletion and amortization 52,806 43,113
Accretion of discount in asset retirement obligation 7,769 7,641
Derivative fair value (gain) loss 74,836 (5,348)
Net cash received from (paid to) derivative counterparties (38,828) 5,504
Non-cash incentive compensation 6,359 9,367
Gain on sale (1,625) 0
Other non-cash items 767 511
Changes in operating asset and liabilities (6,011) (5,605)
Cash Provided by Operating Activities 82,508 57,464
INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 100,330 0
Proved property acquisitions (1,130) (34,205)
Development costs (24,670) (14,956)
Unproved property acquisitions (600) (55)
Other property and asset additions (803) (350)
Cash Provided by (Used by) Investing Activities 73,127 (49,566)
FINANCING ACTIVITIES    
Proceeds from long-term debt 44,000 88,500
Payments on long-term debt (65,000) (226,500)
Net proceeds from public offering 0 189,502
Proceeds from sale of units to cover withholding taxes 2,173 1,215
Withholding taxes paid on vesting of restricted units (2,120) (2,358)
Debt issuance costs (58) (3)
Distributions (36,526) (57,606)
Cash Used by Financing Activities (57,531) (7,250)
INCREASE IN CASH AND CASH EQUIVALENTS 98,104 648
Cash and Cash Equivalents, beginning of period 9,374 7,305
Cash and Cash Equivalents, end of period 107,478 7,953
Changes in Operating Assets and Liabilities    
Accounts receivable 898 3,896
Other current assets 1,381 (2,151)
Current liabilities (5,145) (5,251)
Other operating liabilities (3,145) (2,099)
Changes in Operating Assets and Liabilities $ (6,011) $ (5,605)