v3.26.1
Acquisitions and Divestitures - Schedule of Sabinal Acquisition (Details) - USD ($)
$ / shares in Units, $ in Thousands
6 Months Ended 9 Months Ended
Feb. 07, 2026
Sep. 16, 2025
Sep. 15, 2025
Jul. 09, 2025
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Consideration transferred:              
Cash consideration         $ 145,816 $ 110,118  
Liabilities assumed:              
Asset retirement obligations         $ 31 $ 81  
Sabinal Acquisition              
Consideration transferred:              
Common units issued (shares)   19,187,581         18,960,034
Closing price of common units (dollars per share)   $ 13.39         $ 13.39
Equity consideration $ 253,900 $ 256,922 $ 256,900       $ 253,875
Cash consideration   195,711   $ 199,300     190,974
Capitalized transaction costs   3,589         3,688
Less: purchase price adjustment receivable   (11,780)         0
Total acquisition consideration   444,442   $ 444,400     448,537
Assets acquired:              
Proved oil and natural gas properties   489,681         495,533
Accounts receivable – joint interest   0         262
Inventories   6,123         4,065
Other property, plant and equipment   0         353
Other assets   144         144
Short-term derivative assets   5,793         5,793
Long-term derivative assets   3,933         7,246
Total assets acquired   505,674         513,396
Liabilities assumed:              
Accrued liabilities   2,876         6,617
Revenue payable   1,336         1,222
Asset retirement obligations   57,020         57,020
Total liabilities assumed   61,232         64,859
Net assets acquired   $ 444,442         $ 448,537
Consideration transferred:              
Common units issued (shares)             (227,547)
Closing price of common units (dollars per share)             $ 0
Equity consideration             $ (3,047)
Cash consideration             (4,737)
Capitalized transaction costs             99
Less: purchase price adjustment receivable             11,780
Total acquisition consideration             4,095
Assets acquired:              
Proved oil and natural gas properties             5,852
Accounts receivable – joint interest             262
Inventories             (2,058)
Other property, plant and equipment             353
Other assets             0
Short-term derivative assets             0
Long-term derivative assets             3,313
Total assets acquired             7,722
Liabilities assumed:              
Accrued liabilities             3,741
Revenue payable             (114)
Asset retirement obligations             0
Total liabilities assumed             3,627
Net assets acquired             $ 4,095