v3.26.1
Acquisitions & Divestitures - Schedule of Asset Acquisition (Details) - USD ($)
$ / shares in Units, $ in Thousands
6 Months Ended
Apr. 30, 2026
Nov. 24, 2025
Jun. 30, 2026
Jun. 30, 2025
Mar. 14, 2025
Net assets acquired          
Asset retirement obligations     $ (33,230) $ (127,430)  
Share price (usd per share)   $ 14.51     $ 11.95
Sheridan          
Consideration paid          
Cash consideration $ 236,387        
Total consideration 236,387        
Net assets acquired          
Natural gas and oil properties 266,336        
Property, plant and equipment, net 2,032        
Derivatives, net 4,317        
Accounts receivable, net 1,261        
Asset retirement obligations (32,081)        
Other current liabilities (5,478)        
Net assets acquired $ 236,387        
Canvas Energy Inc.          
Consideration paid          
Cash consideration   $ 398,534      
Fair value of common stock issued   53,951      
Payoff existing credit facility   80,602      
Total consideration   533,087      
Net assets acquired          
Cash   51,679      
Natural gas and oil properties   553,329      
Property, plant and equipment, net   3,097      
Other noncurrent assets   773      
Accounts receivable, net   22,515      
Other current assets   6,323      
Asset retirement obligations   (10,963)      
Deferred tax liability   (43,118)      
Other noncurrent liabilities   (573)      
Accounts payable   (8,625)      
Other current liabilities   (41,350)      
Net assets acquired   $ 533,087