v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 295,938 $ 266,785
Trade receivables 159,465 116,530
Joint interest receivables 29,742 33,952
Income tax receivable 0 24,291
Other current assets 3,443 877
Total current assets 488,588 442,435
PROPERTY, PLANT AND EQUIPMENT    
Oil and natural gas properties 5,359,857 4,957,292
Other 23,056 20,618
Accumulated depreciation, depletion and amortization (2,783,748) (2,553,758)
Total property, plant and equipment, net 2,599,165 2,424,152
OTHER ASSETS    
Other long-term assets 52,831 36,505
TOTAL ASSETS 3,140,584 2,903,092
CURRENT LIABILITIES    
Accounts payable 173,062 177,568
Other current liabilities (Note 6) 135,489 110,462
Total current liabilities 308,551 288,030
LONG-TERM LIABILITIES    
Long-term debt, net 393,636 393,251
Asset retirement obligations, net of current 189,293 186,038
Deferred tax liabilities 65,109 20,674
Other long-term liabilities 37,118 15,926
Total long-term liabilities 685,156 615,889
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY    
Additional paid-in capital 1,971,371 1,903,459
Treasury Stock, at cost, 50,638 shares and 47,678 shares in 2026 and 2025, respectively (1,010,065) (928,662)
Retained earnings 1,187,102 966,747
Accumulated other comprehensive loss (1,555) (1,610)
Noncontrolling interest 0 59,215
Total equity 2,146,877 1,999,173
TOTAL LIABILITIES AND EQUITY 3,140,584 2,903,092
Class A Common Stock    
EQUITY    
Common stock 24 23
Class B Common Stock    
EQUITY    
Common stock $ 0 $ 1